13 - 08 - 2021
TRANSCRIPT
CREDAI Bengal Daily News Update | 13.08.21
Our responsibility to change conservative system in steel and
cement: Nitin Gadkari
Addressing a virtual event organised by industry body CII, Union Minister Nitin Gadkari
appealed for cooperation by 'experienced people' to help change the system in the steel and
cement industry.
"The present system in the government is orthodox, conservative and not ready for any change.
It is the responsibility of people like me to change the system, attitude, approach and vision and
take the appropriate policy decision through which we can give advantage to the country, the
people and everybody," said the road, transport and highways minister.
Gadkari underlined the need to save on costs and make alternatives for steel and cement.
"My suggestion is for people like you is on how we can reduce the cost without compromising
the quality by using different materials, changing designs. That is exactly where I need people,
the experienced people who are working," the minister said.
Gadkari further said he does not a hold a good opinion on steel and cement companies that are
"exploiting the situation and creating black markets".
The minister gave the example of his experience of working on the Zoji-la Tunnel, where with
the help of a "good engineer advising him", Gadkari was able to reduce the cost of the project by
saving Rs 5,000 crore.
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Newspaper/ Online Magicbrick News(Online)
Date August 12, 2021
Link https://content.magicbricks.com/property-news/our-responsibility-to-change-conservative-system-in-steel-and-cement-nitin-gadkari/123435.html
Realtors not entitled to sell open parking: MahaRERA
As per the Real Estate (Regulation and Development) Act, the open parking space is part
of the common area of a real estate project and provided free of floor space index (FSI).
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued a notification
stating that developers were not entitled to sell or allot open parking to homebuyers.
As per the Real Estate (Regulation and Development) Act, the open parking space is part of the
common area of a real estate project and provided free of floor space index (FSI).
MahaRERA chairman Ajoy Mehta told TOI that the notification was issued last week. “We have
been receiving several complaints from citizens regarding parking being allotted on the discretion
of the developers. This notification ushers in clarity and transparency between both the developer
and the homebuyers, thus, reducing complaints,” he said.
The notification, signed by MahaRERA secretary Vasant Prabhu, stated that developers would,
henceforth, be required to specifically mark the garage, open and /covered parking space in the
real estate projects in accordance with the approved/sanctioned plans and tag it to the allotted
apartment.
The regulatory body has also directed that the garage/covered parking space when sold/ allotted
for monetary consideration, the type, numbers, size as well as the place where such garage/
covered parking space is situated should be mentioned in the sale agreement. It should be annexed
to the agreement.
Credai vice-president Shantilal Kataria said still the issue of allotting parking space to each flat
buyer remained unclear in case of less covered parking space as against the apartments in a
project. “There is a request to allow allot open parking, if sanctioned by the local authorities,” he
said.
Consumer rights activist Shrikant Joshi said the notification would help in keeping a check on
errant developers and benefit consumers.
Newspaper/ Online ET Realty (Online)
Date August 13, 2021
Link https://realty.economictimes.indiatimes.com/news/regulatory/realtors-not-entitled-to-sell-open-parking-maharera/85292280
Ramesh Prabhu, chairman of the Maharashtra Societies Welfare Association, said the earlier
judgments of the SC, HC and even MOFA Act stated that open parking cannot be sold. “During
conveyance, the builder has to hand over the open car parking to the society,” he said.
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Mumbai’s Luxury-Home Rents Tumble As Pandemic Makes
Landlords Jittery
Rents for luxury homes in Mumbai, India’s costliest real estate market, tumbled during the
pandemic as people either cut expenses or shifted to hometowns.The cost of renting high-end
properties—commanding at least Rs 2 lakh a month—has fallen 20-25% in India’s financial
capital, according to real estate portal Zapkey.com. It collated data from property registration
documents.
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Newspaper/ Online Bloomberg Quint (Online)
Date August 13, 2021
Link https://www.bloombergquint.com/real-estate/mumbais-luxury-home-rents-tumble-as-pandemic-makes-landlords-jittery
Flexible workspace operators looking to expand portfolios by 30pc
Flexible workspace operators are looking to expand their portfolios by over 30 per cent in the
next 2-3 years to meet rising demand, according to FICCI-CBRE report.
The report -- Future of Flexible Workspace -- is based on a comprehensive survey of the leading
flex space operators in the country, FICCI said in a statement.
It highlights fluidity of the workforce, portfolio re-optimization, hub and space models, enhanced
financial gains, rising numbers of strategic partners/acquisition, demand-backed expansions,
focus on tech, health, and safety as some of the key factors which will drive the growth of this
emerging industry.
Sulajja Firodia Motwani, Chair, FICCI-Maharashtra State Council said that the flexible
workspaces are going to witness a lot more traction in this post COVID era. PTI MJH MR MR
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Newspaper/ Online Outlook India (Online)
Date August 12, 2021
Link https://www.outlookindia.com/newsscroll/flexibleworkspace-operators-looking-to-expand-portfolios-by-30pc/2140234
South Delhi civic body offers online module for alteration
permission in DDA flats
SDMC Mayor Mukesh Suryan said permission of addition and alteration will be granted in
existing DDA flats as per the policy notified by the Delhi Development Authority (DDA).
The South Delhi Municipal Corporation (SDMC) under ease of doing business has developed an
online module using which citizens can seek permission for alteration in existing DDA flats, an
official statement said on Wednesday.
SDMC Mayor Mukesh Suryan said permission of addition and alteration will be granted in
existing DDA flats as per the policy notified by the Delhi Development Authority (DDA).
"The SDMC, being a nodal agency, under ease of doing business has developed an online module
for revalidation of permits related to all types of building construction. There will be no physical
interference of offices of the MCDs and their officials and staff," Suryan said in a statement.
"For addition or alteration (in DDA flats) the applicants will have to submit application form only
through online mode. Registered architect will have to submit application following which
approval will be granted. The mayor said that in case of any technical issues, applicant may
communicate through the mail," the statement said.
Suryan further said the SDMC has been simplifying and strengthening the process of procuring
permit related to building construction in the jurisdiction of all three MCDs.
"Through online module, whole process of approval and grant of building permits related to
construction will be simpler and more transparent," he said.
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Newspaper/ Online ET Realty (Online)
Date August 12, 2021
Link https://realty.economictimes.indiatimes.com/news/technology/south-delhi-civic-body-offers-online-module-for-alteration-permission-in-dda-flats/85262710
Gurugram: DTCP issues notice to realtor over 60 flats, 40 shops
built without nod
Many of these flats and shops — in Dayanand Colony — have been sold and seven families
have already moved into their houses. Construction of a section of the project was underway
when a DTCP team visited the site on Wednesday.
The department of town and country planning (DTCP) has issued a notice to a private developer
for building 60 flats and 40 shops in Sector 5 without taking permission from the authorities and
getting the plan approved.
Many of these flats and shops — in Dayanand Colony — have been sold and seven families have
already moved into their houses. Construction of a section of the project was underway when a
DTCP team visited the site on Wednesday.
The DTCP has now sent a notice to the developer, seeking a reply in seven days. District town
planner (enforcement) RS Batth said they had received a complaint, alleging that an unauthorised
colony was being constructed after dividing the land into small plots.
“The site was inspected on Wednesday and the allegations were found to be true. The land on
which the project was being developed is on the revenue estate of Gurgaon village,” said Batth.
Taun Dua, the complainant, insisted that the buildings should be razed immediately. “The project
has violated all the norms and has caused a huge loss to the government in terms of revenue,” he
added.
This is the third such building violation to have come to the fore over the past few months. Two
relatives of former Gurgaon MLA Umesh Aggarwal and the husband of current MCG councillor
Sheetal Bagri were among 22 people who were issued showcause notices by the DTCP for
allegedly constructing 130 flats in Sai Lane in violation of the Haryana Development and
Regulation of Urban Areas Act.
Before that, 150 flats were constructed without any approval in Ansal Esencia Extension in Sector
67. Former councillor Gaje Singh Kablana, the husband of senior deputy mayor Pramila Kablana,
and 20 others were booked for the violation.
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Newspaper/ Online ET Realty (Online)
Date August 13, 2021
Link https://realty.economictimes.indiatimes.com/news/industry/gurugram-dtcp-issues-notice-to-realtor-over-60-flats-40-shops-built-without-nod/85292495
Government departments owe Ghaziabad civic body Rs 200 crore
property tax
Officials said the dues on some of these departments have not been paid in the past 10 years
and so the GMC has started sending recovery notices.
Several state and central government departments owe over Rs 200 crore to the Ghaziabad
Municipal Corporation (GMC) in the form of service and property taxes, with the power
department topping the list with over Rs 83 crore as outstanding dues, TOI has learnt.
Officials said the dues on some of these departments have not been paid in the past 10 years and
so the GMC has started sending recovery notices.
“All establishments — central or state — falling under the municipal limits are liable to pay
property and service taxes to the GMC and there is a central government order on it,” said Sanjeev
Singh, chief tax assessment officer of GMC. “There are many departments which have not paid
their dues in a decade, and now we are sending notices to them.”
The state electricity department, for instance, has not paid its dues in more than 10 years and in
the assessment done for the financial year 2020-21, the outstanding amount stands at Rs 83.03
crore. “Similarly, the Delhi Metro owes Rs 45.37 crore to the civic body, followed by some
central and state government office buildings at Rs 39.80 crore and Rs 26.88 crore, respectively,”
Sinha said.
The Delhi Metro Rail Corporation, while responding to the GMC’s notice, has said that the
Ghaziabad Development Authority (GDA) should be paying the tax instead.
“The Indian Railways has also not cleared taxes to the tune of Rs 7.2 crore, and together these
departments owe over Rs 202 crore,” the chief tax assessment officer said.
Explaining the calculation of service tax, Sinha said that “it’s based on the valuation of a
building”. “GMC provides for roads, electricity, water pipeline and other amenities in the vicinity
of the building and based on the level of services provided, we charge between 33.5% to 75% of
the annual rental value on the custodian of establishments,” he said.
“In case of DMRC, the GMC is well within its rights to impose service tax on metro stations that
fall within the civic body’s limit on the Red Line metro corridor. As for DMRC’s contention that
GDA should be paying the dues, it’s for the two agencies to sort it out,” the officer said.
Newspaper/ Online ET Realty (Online)
Date August 12, 2021
Link https://realty.economictimes.indiatimes.com/news/regulatory/government-departments-owe-ghaziabad-civic-body-rs-200-crore-property-tax/85266750
Property tax, Sinha said, includes house tax, water tax and sewer tax on all establishments availing
the services within the municipal limits of the city.
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Punjab & Haryana governments, PGI yet to pay advance to CHB
for high-end flats
A senior CHB official said they were in touch with all of them last year but nobody has
submitted the 25% advance money. Although Punjab and PGI had given their affirmation,
they have still not made any deposit, he added.
While the Chandigarh Housing Board (CHB) has planned high-end flats for government officials
of Haryana, Punjab and PGI at the Rajiv Gandhi Chandigarh Technology Park (IT Park), the
state governments, the UT administration and PGI are yet to submit an official confirmation and
25% advance money to the board for their construction.
A senior CHB official said they were in touch with all of them last year but nobody has submitted
the 25% advance money. Although Punjab and PGI had given their affirmation, they have still
not made any deposit, he added.
Sources said the high cost of the towers having the residential flats was the likely reason.
The housing board is expected to construct 10 towers with 28 flats each having a base price of Rs
2 crore for each flat. All the three agencies are expected to pay Rs 66 crore each for their share of
the flats. The project is to come up on 6.73 acres of land.
In June, the CHB officials had given a presentation in Haryana assembly to speaker Gian Chand
Gupta, chief secretary Vijai Vardhan and engineering department officials. Sources said that
Haryana is now contemplating to construct flats in Panchkula.
The CHB had planned constructing luxury flats for the officials and MLAs of Punjab and
Haryana, and for PGI and Chandigarh administration.
For starting the construction, the CHB had last year written to both Punjab and Haryana and PGI
for releasing their share of 25% payment.
In September 2019, the CHB had sought opinion from both the governments. In addition to
Punjab and Haryana, PGI had also expressed willingness to buy flats in the project.
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Newspaper/ Online ET Realty (Online)
Date August 12, 2021
Link https://realty.economictimes.indiatimes.com/news/residential/punjab-haryana-governments-pgi-yet-to-pay-advance-to-chb-for-high-end-flats/85273318
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