Archive for April, 2011

Code of Conduct for Chhattisgarh Developers

Thursday, April 28th, 2011

Real estate developers in Chhattisgarh will follow code of conduct to ensure transparency in the dealings of the sector. Under the code of conduct, it would be mandatory for the developers to mention the actual usage area to buyers (Carpet area), compensation in case of project delay and honouring of the agreement between the two parties. Besides, there should be a true disclosure of the property under development in the “Title Certificate” from a solicitor / Advocate showing the rights and obligations of the developers along with the Agreement for sale.

All sanction from the sanctioning authorities like approved plans and commencement certificates, should be made available for perusal of the purchaser at the time of signing the agreement. The members will have to abide by a set of rules laid down by the national body.

“The sector has been under the scanner of consumer and the real estate developers across the country are on a Rs mission–transparency’ and hope to achieve it through the code of conduct formulated,” Confederation of Real Estate Developers Association of India (CREDAI) National President Lalit Jain said.

Source :  commonfloor

Ban Lifted on Sand Mining in Non-Coastal Regulation Zone Areas

Thursday, April 28th, 2011

In view of the acute shortage of sand for construction purposes in the state, the ministry of environment and forests recently lifted the moratorium on sand mining in non-coastal regulation zone areas of Sindhudurg and Ratnagiri districts for a period of two years.

Shortage of sand in the state has risen to 40 per cent in the last one and half years. This was hampering construction of affordable houses, say officials of the Confederation of Real Estate Developers’ Associations of India (Credai), Pune.

The state government intimated the ministry of environment and forests about this shortage. Sanjay Deshpande, chairman of the environment committee of Credai, Pune, said the shortage was a result of lack of proper licensing process. Besides the increasing gap in demand and supply also helped prices shoot up. The prices that were hovering around Rs 3,000 per brass a year back, have gone up to Rs 5,000 and above, Deshpande said.

Deshpande said that smaller and affordable house projects are the worst affected. A builder cannot decide the future price and is quoting higher price for his finished product. The government should help ease the situation by fixing the price for sand, he said.

Source :  commonfloor.com


Properties vacant because of low rental rates in city’

Thursday, April 21st, 2011

Despite 18 per cent vacancy in the housing sector, the number of slum-dwellers in the city has only increased, with 40 per cent living in slums, reveals a survey conducted by the NGO Mashal.

When contacted, Confederation of Real Estate Developers Association of India (Pune) vicepresident Rohit Gera claimed that it was not the high property rates but the low rental rates that are responsible for properties remaining vacant in the city. “If property rates were high, properties wouldn’t be sold at all. Rental rates are low compared to the capital value, so investors who buy properties for rental returns are not motivated. Besides, there are people who buy flats in Pune but live outside the city and do not want to rent out their houses for various reasons. A combination of these factors is responsible for the high housing vacancy. The normal degree of vacancy in other cities in India and the world is 10 per cent,” he said.

More News:  timesofindia


Pilots call for snag-free aircraft

Friday, April 15th, 2011

After two successive technical snags in the same flight, the Indian Commercial Pilots Association has written to the Air India management saying that they would henceforth operate only ‘snag-free’ aircraft.

The problem arose when the pilots of a Pune-bound flight AI 849 with 122 people on board found that there was a fault in the flight management guidance systems and and the auto-pilot was not functioning. The pilots informed the management that they would not be operating the Airbus 320 and decided to wait for another aircraft.

After a delay of two and a half hours, another aircraft was arranged and passengers moved into it. However, when they took off, the aircraft’s landing gear got jammed. A problem also developed in this aircraft’s auto-pilot and auto-thrust systems.

More News:  timesofindia


Pune’s Ghorpadi society suffers without water for 20 days

Friday, April 15th, 2011

For the last 20 days the residents of Ghorpadi-based Spring Bloom residential society are going through a harrowing time following non-availability of water.

The Pune Municipal Corporation (PMC), which supplies water to the society, has failed to carry out the repairs to restore the supply.
With mercury rising constantly, the 72 families residing in that society are at their wits end as to how to cope up with the situation.

After the residents raised hue and cry, the PMC started providing one tanker. But it is insufficient to meet the needs of the 72 families because during summers the demand for water goes up.

Moreover the tanker does not come to the society every day. “We don’t know whether the water supplied by the tanker is clean or not. We have babies in the building and their heath is in jeopardy if that water is contaminated and is used for drinking purpose,” the aggrieved chairman of the society, Col (retd) Mrinal Gupta, told DNA.

“Why can’t the civic administration act with alacrity and complete the repairs so that the water supply is restored. After all we are paying our taxes regularly. So why this step motherly treatment,” quizzed the irked residents of the society.

More News:  dnaindia


Arbitrary rules harass Pune co-operative society residents

Thursday, April 14th, 2011

A number of co-operative housing societies see bitter fights and litigation between members because of serious differences over many issues. Often, such issues are not given too much importance by the authorities, but to a suffering member, they become the cause of many problems.

Take the case of a society on NIBM Road, where some senior citizens objected to maintenance charges being calculated on per square foot rate, instead of a flat rate per apartment. “Since we are all using the same services such as lift and garbage collection regardless of the size of our flat, we proposed that the charges should be the same for all apartments,” said a senior citizen.

While there is a provision under the bye-laws to consider charging on flat rate, the committee was unwilling to take the members’ concern into account. When the member persisted, the lift to their top floor apartment was stopped, their water supply cut off and their garbage lay unpicked by the sanitary staff.

The deadlock was broken after the 85-year-old lodged a complaint with the senior citizens’ cell at the Pune Municipal Corporation. All this time, the couple had been duly paying all charges, albeit under protest.

What started as a disagreement regarding maintenance charges has today escalated into a litigation that is not only costing each party money, but also time and energy.

More News:  dnaindia


PCMC to review garbage collection work

Thursday, April 14th, 2011

The health department of Pimpri Chinchwad Municipal Corporation (PCMC) will review garbage collection work in the Pradhikaran area, following complaints of garbage piles at the roadsides. Although the civic workers sweep the roads, the garbage piles up along the roadsides, creating problems for citizens, corporators have charged.

Akurdi-Nigdi zone president Raju Misal on Monday said that the number of trucks lifting garbage from the 10 wards in the Pradhikaran area need to be increased. The civic administration has agreed to provide two trucks, he added. At present, only one truck is being used for garbage collection.

Garbage collection, garbage on the roads, garbage piles at the roadsides, Nigdi-Pradhikaran area, PCMC, PCMC to review garbage collection, Pimpri-Chinchwad Municipal Corporation, Pune, Pune Garbage, Pune Municipal Corporation

More News:  http://www.commonfloor.com/stories/pcmc-to-review-garbage-collection-work-3605


Pune Municipal Corporation consults defence set-ups

Wednesday, April 13th, 2011

The Pune Municipal Corporation (PMC) on Monday asked authorities of various defence establishments in the city to present proposals regarding ‘no development zone’ around their properties so that they could be included in the revised development plan (DP) of the city.

Municipal commissioner Mahesh Zagade on Monday had a meeting with the authorities of defence centres that lie in the limits of PMC. Representatives of the Indian Air Force, High Energy Material Research Laboratory (HEMRL), Research and Development Establishment (R&DE) Dighi, and various others were present for the meeting.

Zagade said there are different limits for ‘no development zones’ around these establishments. The PMC wanted to ascertain whether these limits should be continued in the present scenario of development and how. The development plan (DP) of the city of 1987 is being revised by the PMC. The municipal administration wants to include rule of ‘no development’ around the defence establishments so that there would be consistency of these rules in the DP.

More News:  dnaindia

Taxes, delays are hurdles in affordable housing

Wednesday, April 13th, 2011

Reduction in taxes and flexibility in approval process will provide affordable homes to the masses. If these two elements are addressed by the government, selling price of the homes will be reduced by at least 33%,” said Lalitkumar Jain, President of the Confederation of Real Estate Developers Associations of India, (Credai).

He was talking at the special general body meeting of the Credai, Pune on Thursday.

The Credai has prepared a comprehensive checklist of requirements of each department, like environment, traffic, garden and water and this list will be submitted to the Union minister of Urban Development, Kamal Nath, later this month. “If this list is approved by the government, a builder will get the approval within three weeks. Thus, we can control 25% cost of delay, thereby reducing flat prices. We have no control over the cost of land, material and labour, so at least lets control the cost of delay,” added Jain.

More News: timesofindia

Residents upset with Pune Municipal Corporation’s pagoda plan

Friday, April 8th, 2011

The Vimannagar Development Council (VNDC), the area’s mohalla committee, has expressed serious differences with the Pune Municipal Corporation (PMC) over the construction of an eight-pillar pagoda that is coming up in the centre of Jogger’s Park in Vimannagar.

The residents, represented by the VNDC, are upset that the only patch of open green land in a concrete jungle of almost 130 registered housing societies will vanish after the construction of the pagoda.

They said this will destroy the designated play area for children under 6 years that existed from the park’s inception in 2003.

“There are many small societies, even right opposite the park, that have no gardens for children. How can the PMC take an overnight decision to construct a concrete structure in the middle of the park? It will lead to a congestion and reduction of the green zone,” said Shams Mithani, member of the VNDC.

The proposed pagoda plan is dated February 24 and the construction began almost immediately. Work was halted twice due to the intervention of VNDC members, but resumed on March 16.

Bhanudas Mane, zonal commissioner (II) who also had a long innings as the garden superintendent of the PMC, said that the structure was demanded by a section of people in the locality. However, he failed to specify who they were.

More News: dnaindia