RERA Master

    CA Ramesh Agrawal In Uttar Pradesh’s Greater Noida, Four illegal colonies were demolished & around 50,000 Square Meters of Land & having estimated value of Rs. 100 Crore was freed from encroachment. As per the Official Statement, the action was carried out by Greater Noida Industrial Development Authority (GNIDA) on the instruction of its CEO Surendra Singh. These four illegal colonies have come up in land notified under GNIDA in Dhoom Manikpur village area. Residential Plots were being marked & developed by some Local developers and the action was taken up when the information about this illegal activity reached to the GNIDAA officials. Senior Manager of GNIDA issued a notice to remove the constructions but the colonisers did not give attention to it. The work of demolition was conducted in the presence of GNIDA Officials, Local Police & PAC. This work was carried out for Three Hours & five Bulldozers were engaged in it. The GNIDA has issued strict wa

  CA Ramesh Agrawal Real Estate Regulatory Authority (RERA) has ordered for the issuance of Arrest Warrant against the directors of Ansal Housing Limited for noncompliance of an earlier order to refund to Homebuyers. RERA has ordered Ansal Housing Director’s to pay Rs. 5 Crores along with interest @ 9.3% to Mr. Rajeev Sharma & 4 other members, who complained against the directors. Mr. Sharma & other complainants were buyer of flats in Ansal Heights in Sector 86 launched in 2010. Project having 750 Units was supposed to be completed by 2014. According to earlier order, Ansal neither refunded the money nor filed any appeal against the directive despite many reminders. Summon has been issued to the Manager of the company. RERA earlier ordered to attach the Bank Account of the Developer, but it was informed that the Bank Account did not have any balance. The Developer was then asked to submit all the details of the Assets. Talking about the latest order, a person on behal