Latest Real Estate News on 'Gurgaon'

Industry drive on plot ownership

Comments Off on Industry drive on plot ownership   |  March 15, 2014

GURGAON: Udyog Vihar’s industrial association has recently launched a drive to get more plot owners to apply for official conveyance deeds on their purchase. Many entrepreneurs, according to members of the Udyog Vihar Chamber of Industries, “do not possess conveyance deeds because they have never applied for it even after having made full payments”.

“The subject needs to given serious thought otherwise it will land the plot owners here in trouble. If you don’t have the conveyance deed, you are not really the owner of that plot,” said an association representative.

Ownership issues of this kind abound in Gurgaon’s industrial belt. Many have challenged HSIIDC’s estate management clauses, which, in more than one way, restrict full ownership rights of the plot owners. Transferring or leasing out an industrial plot, under the present norms, requires getting the industry authority’s sanction and shelling out extra money as transfer or leasing fees.

“We have challenged these clauses legally. In the next few days we will be meeting officials to discuss the issue. Haryana’s additional chief secretary has been given the responsibility to sort out our case, which highlights the issues we have with the current estate laws,” said an industrialist in Udyog Vihar IV. tnn

Name owners of multiple plots: High court

Comments Off on Name owners of multiple plots: High court   |  March 15, 2014

CHANDIGARH: Taking up the issue of allotment of multiple plots in the defence category and under discretionary quota by HUDA, the Punjab and Haryana high court on Thursday asked the urban development authority to submit the names of all allottees who were allegedly granted multiple plots. According to HUDA records, around 8,000 people have taken multiple plots under various categories in contravention of the norms.

Justice Daya Chaudhary also directed HUDA authorities to publish the names of people, who had taken more than one plot, in newspapers so that multiplicity of litigation can be stopped because of sale of disputed plots.

The HC also asked HUDA to reveal what steps it has taken against pwople who are named in FIRs citing the charge of owning multiple plots.

On the previous date of hearing, HUDA had produced a list stating that former Haryana CM Bhajan Lal’s nephew and former MLA Dura Ram was allotted four plots under the discretionary quota in the name of his daughters, son and wife in Panchkula, Hisar, Karnal and Faridabad. The list also mentioned that family members of former President Shankar Dyal Sharma were allotted more than one plot under the discretionary quota in various HUDA-developed sectors in Haryana.

The case had reached the HC after a serving Army colonel, who was booked for such fraud, sought a stay on his arrest. Following the intervention of the court, HUDA had suggested that an FIR be registered against all those who were allotted more than one plot under the defence quota.

HUDA had also placed a list before the HC, according to which several politicians, bureaucrats and other VVIPs of the state, including the former Chief Justice of the Punjab and Haryana high court and Delhi high court, were allotted more than one plot in HUDA-developed sectors under the discretionary quota. According to HUDA records, one of the allottees under the discretionary quota had even mentioned his address as “C/O 10 Janpath Delhi”, which is the official residence of UPA chairperson Sonia Gandhi.

DLF faces new trade watchdog probe

Comments Off on DLF faces new trade watchdog probe   |  March 15, 2014

NEW DELHI: The Competition Commission of India has ordered a fresh probe into realty major DLF for allegedly imposing unfair and unreasonable conditions on apartment buyers at one of its projects in Gurgaon.

DLF is already under the scanner of the fair trade watchdog in other cases of anti-competitive practices.

Finding prima facie evidence of violating fair trade norms, ordered a probe into DLF’s New Town Heights residential project in Sector 86. Allegations against DLF relate to certain anti-competitive clauses in the apartment buyer’s agreement.

According to CCI, clauses of the agreement referred to in the current matter are identical to ones entered into by DLF in other abuse of dominance cases that are already being probed. The earlier cases are at different stages of investigation by CCI’s director general.

The latest probe has been ordered against DLF, DLF Home Developers and DLF New Gurgaon Homes Developers as well as on the role of those in charge of these entities.

“As such, the commission is prima facie of the view that the present case requires to be investigated into by the director general,” CCI said in an order dated February 27. “Considering the facts of the case, the relevant market in the present case, prima facie, appears to be same as determined in earlier three cases i.e the market of provision of services for development of residential apartments in the geographical area of Gurgaon,” it noted.

A complainant has alleged that practices followed by the DLF group were abusive of its dominant position since it imposed highly arbitrary, unfair and unreasonable conditions through the apartment buyer’s agreement. When contacted, a DLF spokesperson in Gurgaon said, “The matter is subjudice, so we are unable to comment.” agencies

Commercial buildings under MCG scanner

Comments Off on Commercial buildings under MCG scanner   |  March 13, 2014

GURGAON: The MCG chief has asked the engineering department officials to crosscheck all the building plans sanctioned since the municipal corporation came into existence in 2008.

The move comes after it was brought to the commissioner’s notice that the plans of five buildings in Old City were passed by the corporation despite none of them meeting the prescribed norms.

“The commissioner has directed the engineering department officials to start demolition proceedings in case a building plan is found to have been passed in violation of the prescribed norms, an official said.

According to a source, plans of the five residential buildings in Chander Nagar were passed in 2010.

“The building plans were passed by the same MCG assistant engineer who cleared the plan of a New Colony building that partially belongs to the senior deputy mayor. The engineer was transferred long ago and no longer works with us,” said a source.

“The commissioner has asked the engineering department officials to check all the building plans issued by the corporation since it came into existence. He suspects several other building plans to have been cleared in a similar manner besides the five that came to his notice,” said an official.

Saying that there is a need to regulate the process of issuing building plans, MCG commissioner Praveen Kumar said, “Despite facing stiff resistance from a section of councilors, I’m trying to put my foot down and deal with the issue. Grey areas are being looked into.”


Comments Off on SHIFTING OF AMMO DUMP AT GURGAON, FARIDABAD   |  March 13, 2014

HC for inclusion of Gurgaon MC Commissioner in panel
Tribune News Service

Chandigarh, March 11
The Punjab and Haryana High Court today expressed dissatisfaction with the nine-member committee constituted by the Cabinet Secretary for looking into the shifting of the ammunition dump at Gurgaon and Faridabad.

Directing the reconstitution of the committee, the Division Bench of Chief Justice Sanjay Kishan Kaul and Justice Arun Palli made it clear that it was in favour of including Gurgaon Municipal Commissioner Praveen Kumar’s name in the committee.

As the case came up for resumed hearing, counsel for the Union of India Onkar Singh Batalvi placed before the Bench the details of the committee constituted by the Cabinet Secretary.

Batalvi told the court that the committee was to be headed by an Additional Secretary in the Ministry of Defence. Two members were to be taken from the Department of Research and Development and another from the Defence Estate. Some of the other members were to be from the Department of Atomic Energy and the Union Ministry of Urban Development.

The Bench was of the view that the defence, with five members, had more than the requisite representation. The Bench also questioned the rationale behind appointing the Chairman from the Ministry of Defence and the Cabinet Secretary’s move to consult the Defence Ministry. In any case, the Bench was of the view that nine members were more than the requirement.

The Bench was also critical of appointing a Secretary-level officer from Haryana and indicated the need for having an officer well conversant with the area. Dr Praveen Kumar’s name was recommended as the Bench felt the senior IAS officer was well-versed with the ground realities and the topography of the area.

The matter had reached the High Court after a PIL was filed by Suresh Goyal of Faridabad. He was seeking the removal of constructions within a 100-metre area around the Air Force Station, Dabua, in Faridabad, as it was a protected zone under the Work of Defence Act. The High Court had also taken cognizance of a similar matter on the construction activities within the restricted 900-metre zone in Gurgaon.

CHD Developers buys 10.5 acres in Gurgaon for Rs 300cr

Comments Off on CHD Developers buys 10.5 acres in Gurgaon for Rs 300cr   |  March 12, 2014

The firm is already developing two projects in Gurgaon and is looking to expand presence in the city

Realty firm CHD Developers has bought 10.5 acres of land in Gurgaon for about Rs 300 crore to develop a housing project.

The national capital-based developer is already developing two projects in Gurgaon and is looking to expand presence in the city.

“We have bought 10.54 acres of land in Gurgaon from a local landlord. The land is licensed and has all approvals in place,” CHD Developers COO Ravi Saund told PTI.

The company has bought this land for about Rs 300 crore and the payments have been made through internal accruals and bank debt, he added.

“We will develop a group housing project on this land. The total units would be about 600. We plan to launch this project next month,” Saund said.

The land parcel is located in the vicinity of its another residential project at Sector 71, Sohna road, Gurgaon.

“Out of 900 units in this project, we have recently handed over the possession of 600 flats on time and the delivery of the rest 300 would be given by June,” Saund said.

As part of the company’s expansion plans, CHD is looking for land to add more projects in Gurgaon.

The company is currently developing a housing project on Dwarka Expressway comprising 600 units and a 250 acres integrated township at Karnal.

Two projects — a commercial complex with 2.1 lakh sq ft of saleable area on Dwarka Expressway and a group housing with 1,800 apartments on Sohna Road — are in pipeline.

CHD Developers, which is listed on BSE, had posted a net profit of Rs 13.56 crore over a revenue of Rs 246.33 crore during the first nine months of this fiscal.

Mining on despite SC ban, NGO says

Comments Off on Mining on despite SC ban, NGO says   |  March 12, 2014

NEW DELHI: The revival of illegal mining in Tauru and Nuh has started ringing alarm bells in the region. On Monday, environment activists blamed the state government and local administration for their failure to act despite a Supreme Court ban on such activities and threatened to take the case to the apex court or the National Green Tribunal by Wednesday.

“Mining mafia and anti-social elements, with the support of local people, have taken charge of this illegal activity. We have already provided enough evidence and information to the local administration and top officials in Chandigarh. But the destruction has not stopped yet,” said S P Gupta, chairman of NGO People’s Voice. Despite assurances from top officials, including the director general of police, the mafia is destroying natural resources and greenery, he added.

Vashisht Kumar Goel, another office bearer of the NGO, said they weren’t ready to buy the government’s argument about not being able to crack down on illegal mining because of police deployment for polls. “We are approaching SC/ NGT for immediate remedial actions as well as for contempt of court on Wednesday against all concerned officers (by name) for this illegal, immoral and contemptuous act,” he said.

In its letter to the chief secretary, the NGO has alleged that roads have been constructed illegally for transporting mining material. It also demanded that vehicles used for mining and transportation of mining material be impounded since they were operating without displaying registration numbers.

The NGO has also urged the state government to ask village sarpanchs to report instance of illegal mining to the police.

Previous Real Estate News     Next Real Estate News

Did'nt find what you are looking for? Try this…..