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MahaRERA must speed up hearing, execution of orders: IHRC

PUNE: Taking up the cause of citizens facing delay in the execution of Maharashtra Real Estate Regulatory Authority (MahaRERA)’s orders concerning DSK and other projects, the Indian Human Rights Council demanded their quick implementation.The Indian Human Rights Council (IHRC) — a registered association under the ministry of corporate affairs — has received several complaints from…

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economy
Gurugram civic body to take over Suncity township by January 31

GURUGRAM: Bowing to persistent demand, MCG has decided to take over the maintenance of Suncity township by January 31, despite pending work on roads, water supply, streetlights, etc. The developer, Essel Group, had submitted before MCG last week that they had made up all infrastructure deficiencies in Suncity as per DPR, and the township was…

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economy
Sushant Lok builder has to pay damages for green violations: NGT

File photoGURUGRAM: The National Green Tribunal (NGT) has directed the Central Pollution Control Board (CPCB) to recover damages for environmental violations, and if required, issue directions for “closure” of Sushant Lok 1, one of Gurugram’s largest and oldest privately developed residential colonies spread across sectors 27, 28, 43 and 52.The ruling is a landmark one…

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economy
NCLT admits insolvency plea against Parsvnath Landmark Developers

The National Company Law Tribunal (NCLT) has given its approval to start the insolvency proceedings against realty firm Parsvnath Developers’ subsidiary, which is developing a housing project in the national capital. The NCLT, Delhi, has admitted an insolvency petition filed by three home buyers against the subsidiary firm – Parsvnath Landmark Developers – for inordinate…

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economy
Noida: Lotus Panache buyers file police complaint against 3C

NOIDA: Homebuyers of Lotus Panache on Friday lodged a complaint with the economic offences wing (EOW) of Delhi Police against the promoters of The 3C Company for allegedly cheating them and committing financial fraud, a day after the National Company Law Tribunal (NCLT) ordered insolvency proceedings against the developer.A subsidiary of 3C, Granite Gate Company…

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