SC respite to builders, residents of Maradu highrises

 · The cost of an apartment is near Rs 1crore – 1.5 crore, according to the residents in the apartments.

Strong winds will occur well inland from the coast and residents of mobile homes. of high-rise buildings are at particular risk of strong winds.” A Hurricane Warning is in effect for North of.

Coimbatore to gain as Chennai’s mall space runs out. Chennai, the report said, between Q4 of 2017 and 2021, is expected to supply 2.7 million sqft of retail space but the net absorption will be 2.9 million sqft.

Kochi. Residents of Alfa Serene apartment have been carrying an immense burden for the past one month. Their fear of being rendered homeless will come true as the deadline fixed by the Supreme Court to demolish the four illegal apartments at Maradu ends on June 10.

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New Delhi, June 10 (IANS) In a relief for home-owners, the Supreme Court on Monday stayed for six weeks the demolition of 400 flats in five posh coastal apartment complexes in Maradu area of Kochi. A vacation bench of Justices Indira Banerjee and ajay rastogi passed the order while considering a.

The owners and builders of the complexes claim that they obtained valid building permits from the Maradu panchayat more than ten years ago. "The then-panchayat officials should have forwarded the builders’ applications for construction in these areas to the KCZMA for permission," said the current Municipal Secretary of Maradu, Subhash P.K.

The order solely allowed sale and buy of properties belonging to residents of the township who’ve clear title, not of these belonging to the developer, which is able to stay suspended until the division takes a call relating to the showcause discover it issued to the builder.

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Fate of Indian real estate hangs in balance as SC hears builders’ challenge to IBC As many as 136 similar writs were filed by builders like Supertech, Parsvnath, BPTP, Ansal Hi-Tech Townships, Today Homes Noida, Ireo, Wave MegaCity Centre, Three C Shelters, Emaar Hills Township, ATS Realty, among others.