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Is the construction next door following the 25 commandments?

BANGALORE: According to the BBMP, a neighbourhood watch on the new constructions can prevent real estate-related mayhems. Here is the checklist The earth caving-in incident at Queens Corner Apartment and Income Tax Colony in the central business district has left a deep impact on the city’s real estate override. Bruhat Bangalore Mahanagara Palike (BBMP) pointed …

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New law will protect property buyers from fraud developers

BANGALORE: There’s some good news for property buyers who are apprehensive of being cheated by private builders, developers and housing societies using forged documents, through false promises or by not having the required approvals. The Karnataka government plans to set up a new regulatory framework for the property market, to weed out fly by night …

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Consumer court orders 12% compensation for flat delivery delay

GURGAON: In a landmark ruling, the National Consumer Disputes Redressal Commission (NCDRC) on Monday asked real estate major Unitech to pay buyers compensation at the rate of 12% per annum for delay in delivery of flats, overruling the builder-buyer agreement that had set the rate at 1.8% per annum. The order came in a case …

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Mutation files gather dust at Kolkata municipality office

Hundreds of files have been piling up at the one-day mutation counter, which was supposed to send the documents to the divisions concerned in the assessment department so that records could be kept properly. KOLKATA: Faizal Alam, a resident of Christopher Road, has been making the rounds of the Kolkata Municipal Corporation headquarters to settle …

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