News of Myfaridabad Forum

The proposal to ease the FDI guidelines for the sector was mooted by the ministry of housing and urban poverty alleviation.




Mon, 19 Aug 2013 05:50:27 GMT
Read more here... http://businesstoday.feedsportal.com/c/ ... tory01.htm

All Joint venture agreements/projects where license is not in the name of developer are always in danger. I can think of some projects in Greater Faridabad like KST, ERA, Zion, PAL etc where licence is NOT in name of developer and in name of some other company like RPS, Countrywide Promoters, Triveni etc. Ex-Triveni Management has filed Shocker affidavit in High Court asking for Auction of project land in which Zion is doing construction. It ...

Good Article in Hindustan Times today. It calls for Govt. to issue instructions to all Consumer Courts in India to speed track realty cases. Also, calls for quick passing of The Real Estate (Regulation and Development) Bill, 2013 which is pending for many many years.

http://www.hindustantimes.com/business- ... 09219.aspx

The Real Estate (Regulation and Development) Bill, 2013, which is expected to pave the way for regulation of the housing sector, ...

Punjab National Bank (PNB) on Friday raised interest rates on NRI deposits of over 3 years by 1 per cent, days after the Reserve Bank deregulated interest rates on such deposits.




Fri, 16 Aug 2013 16:27:32 GMT
Read more here... http://businesstoday.feedsportal.com/c/ ... tory01.htm

See the attachment, Sai Dham Faridabad is repairing the Tigaon Road by spending Rs. 100000. This money actually should have been used for the welfare of poor.

This is shame on Administration and MP Deepinder Hooda who laid the foundation stone more than 3 months back for re-building the Tigaon Road.
I think we should send this attachment to all official of Administration and Deepinder Hooda with shame on them.

The World Bank will extend a $100-million loan for sustainable housing in India that can be used to purchase, build or upgrade low-cost dwellings, the finance ministry said.




Fri, 16 Aug 2013 08:01:35 GMT
Read more here... http://businesstoday.feedsportal.com/c/ ... tory01.htm

Please find attached Occupation Certificate/Certificate of Occupancy issued for Piyush Heights.

Aam Aadmi Party is celebrating Independence Day at 9 AM, Ajronda Chowk, Faridabad. Those who are interested can join in celebrations.

Wanted to check with legal experts if a person having General/Special Power of Attorney be able to get the property registered on behalf of the owner in Faridabad/Haryana? If yes, what type of Power of Attorney is required, GPA/SPA?

If a property is registered through Power of Attorney, can the property be further sold/transferred to a new owner?

Good News! Soon there will be bus service started to Greater Faridabad.

Please read here:

http://navbharattimes.indiatimes.com/de ... 781614.cms

ग्रेटर फरीदाबाद से बस सर्विस जल्द

Aug 13, 2013, 08.00AM IST

ओमदेव शर्मा॥ बल्लभगढ़
ग्रेटर फरीदाबाद में रहने वाले लोगों को जल्द ही उनके यहां से बस की सुविधा मिलने लगेगी। इसके लिए रोडवेज ने सर्वे शुरू कर दिया है। फिलहाल यह सुविधा बदरपुर बॉर्डर तक दी जाएगी। अच्छा रेस्पॉन्स ...