#WeeklyNewsRoundUp: Centre Asks Bengal To Repeal Its Version Of Real Estate Law

The Centre has written to the West Bengal government to repeal its own version of the real estate regulatory law to avoid any confusion for home buyers and builders. The pan-Indian homebuyers association, Fight for RERA, had been campaigning for repeal of the state Act, which is a replica of the Central version.

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The Uttar Pradesh government is planning to de-notify the 8,686-acre land in Ghaziabad it had set aside for development of a hi-tech city in 2009-10. Land from across 18 villages along the national Highway-24 was notified under Section 4 of the Land Acquisition Act, 1894. Since the two builders who won the bid to develop the project in Ghaziabad have acquired only half the land notified land so far even after eight years, the government might scrap the project, which would have otherwise enriched the city with two lakh hi-tech residential units.

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To the relief of aggrieved homebuyers of Unitech, the Supreme Court has directed the realty firm to construct 514 flats in its five projects out of the funds generated from auctioning of its Kolkata property. The property was auctioned at Rs 116.95 crore. 

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As many as 21,000 calls were attempted to avail of the doorstep delivery of services in Delhi on the first day of its launch. Delhi residents can now dial 1076 to place a request for doorstep delivery of services which will be provided from 8 am to 10 pm.

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The Noida Authority might soon be ready with an online facility that would allow property owners — homebuyers, developers, businesses and brokers —to make online payments of lease agreements, water bills, sewage charges, et cetera. The authority also plans to use this system to keep digital financial records of every property in the city.

Source: Media reports