If you are in Karnataka, now getting your property registered is going to become hassle-free and non-time consuming, promises the government. Officials say that registration can now be done in less than 15 minutes. In fact, you can get the certified copy on the same day, officials claim. The Stamps and Registration Department has introduced an online...Read more
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Hyderabad HC restrains Lodha from selling 73 unsold houses
The bench of acting Chief Justice Ramesh Ranganathan and Justice Abhinand Kumar Shavili made the interim order while hearing the plea of the builder to allow him to sell away the remaining unsold properties. HYDERABAD: The Hyderabad High Court on Monday passed a restraint order against Lodha Bellezza builder preventing the firm from selling away 73 unsold flats in...Read more
CBI books 17 central govt employees for illegally subletting official quarters in Chennai
CHENNAI: The Anti-Corruption Bureau of the CBI on Wednesday booked 17 central government employees for illegally subletting their official government quarters in Central Public Works Department (CPWD) quarters at KK Nagar in Chennai to 18 private persons and collecting rent. The government employees has been accused of cheating the government, misappropriation of the money and committing criminal...Read more
Karnataka RERA becomes new name for red tape
Sections of developers and home buyers are disappointed that the authority is acting more like another urban civic body rather than learning from KERC. BENGALURU: When the state government set up the Karnataka Real Estate Regulatory Authority (KRERA), it came as a bundle of relief for home buyers. But three months into its functioning, the regulator appears to...Read more
RERA: Realty suffers blow as Telangana denies relief for projects
The move will adversely affect the already subdued construction and realty sector which have invested nearly one lakh crore rupees in ongoing projects across the state. HYDERABAD: The real estate developers are in for a major shock as the state government has decided not to exempt ongoing projects from the purview of the Real Estate...Read more
