ERA Divine Court construction status and updates, possession, resale prices discussion

[naveenarichwal]

Correct sequence of pages and full text of Most recent DGTCP order on Era divine court.

[naveenarichwal]

Bless U quote

"IN PUBLIC INTEREST DTCP SHOULD BE CLOSED UNTIL A REGULATOR IS IN PLACE.

THIS DEPARTMENT OF TOWN AND COUNTRY PLUNDERING DOES NOT ACT SUO MOTO ON GROSS ILLEGALITIES COMMITTED BY BUILDERS BUT NEEDS TO GET SLAPPED WITH LEGAL NOTICES AND ORDERS FROM COURTS TO MOVE ITS BACKSIDE."

[naveenarichwal]

http://www.hindustantimes.com/india-new ... 30250.aspx

Centre’s new, improved real estate bill ready for roll-out

The Centre is in the final lap to approve a legislation that aims to shield property buyers from unscrupulous developers and regulate the real estate sector to increase transparency and boost investor confidence in an otherwise murky industry.

The housing and urban poverty alleviation ministry has tweaked the draft Real Estate (Regulation & Development) Bill, to allow buyers to approach consumer forums— and not just the proposed real estate regulator— in case of disputes, a change that reflects the Union cabinet’s attempt to empower consumers, government sources told HT.

The ministry, piloting the crucial legislation that covers both residential and commercial real estate, has modified and sent the revised bill to the cabinet, which is expected to clear it soon, said sources.

The cabinet had in December deferred a decision on the bill following opposition from several ministers, who felt it was unfair that buyers would only have the option to lodge complaints with real estate watchdogs at the state and national levels.

“The provision would have caused lot of hardship to consumers in small towns and districts who would have been deprived of any other avenue for redressal,” said a government official.

Sources said the original bill barred buyers from knocking on the doors of any other consumer forum to do away with the multiplicity of litigation.

The bill also allows builders to divert 50 % of the amount collected from a buyer for a specific project to launch other ventures.

The primary bill drafted by the UPA government mandated that a developer put 70% of the amount collected for a project from the allottees to an escrow account to be used only for construction under that particular scheme.

The clause was aimed at discouraging realtors from diverting consumers’ money to launch fresh projects before delivering the ones for which the funds were collected. The real estate lobby was pushing hard for dilution of this provision, sources said.

The bill proposes that builders developing a project where the land parcel exceeds 1,000 square metres will have to register themselves with the regulator before launching or even advertising their venture. Failure to do so will invite a fine of up to 10% of the total project cost.

While the UPA bill covered only the residential real estate segment, the NDA has expanded its purview to cover commercial properties as well.

In the works since 2009, the bill was introduced in the Rajya Sabha by the UPA government on August 14, 2013 and referred to the parliamentary standing committee on urban development. The committee gave its recommendations many of which have been incorporated by the housing ministry, sources said.

[Shobhit]

Correct sequence of pages and full text of Most recent DGTCP order on Era divine court.

Naveen ji
i would like to see court order but not able to download.

shobhit

[naveenarichwal]

Correct sequence of pages and full text of Most recent DGTCP order on Era divine court.

Naveen ji
i would like to see court order but not able to download.

shobhit

Write this same message and post 3 times on this forum and you will be able to see the Court order.

[lalaraju]

Dear Shobhit,

I think, what Naveen Jee wants to say is that being a new member you need to at least post minimum 3-4 posts to be able to see the DTCP order. It may be a requirement of this forum
Regards

[Narenjuyal]

excellent days for neharpar property market are expected to come fast in few months ..BIGGEST TRIGGER N .REASON been the faridabad YMCA metro train route will be operational in june 2015...and also interest rates are coming down slowly n steadily due to inflation cming down . banks will come with lower home loans interest for new property buyers ..there is few whispers and undertone going among brokers and investors has started already...faridabad and neharpar property market are set to rise sharply in few months...FEW PEOPLE SAYING THAT ITS GOIN TO BE ANOTHER GURGAON IN THE MAKING...i quite agree with it due to its best connectivity to noida and gurgaon And delhi..

[naveenarichwal]

https://www.youtube.com/watch?v=h5DWDqFUWvE

WHO ACTUALLY WAS RESPONSIBLE FOR INDIA TO GET FREEDOM

[naveenarichwal]

CONGRATULATIONS TO ERA DIVINE COURT BUYERS - LICENSE RENEWED TILL 24-7-15 CONFIRMED . ALL LEGAL HURDELS CLEARED AT THE END -SALUTE TO ALL BRAVE FIGHTERS OF ERA DIVINE COURT.

VISIT http://WWW.TCPHARYANA.GOV.IN

LC829 A OF 2006 LICENSE NO 1042-1061

[naveenarichwal]

The Document from DTCP,Haryana that shows that the License has been renewed for whole sector 76(except 1047) and the BPTP has to transfer the License within a weeks time in favour of Era for the area where Era divine court is situated.

VICTORY SO NEAR

[Upendra]

Dear Naveen Ji,

Please send the attachment again.

Thanks

[naveenarichwal]

Without penalizing BPTP for forging sign of farmers who owned land in License area no 1047, and also without penalizing the gross neglect of the law by BPTP in matter of Creating illegal third party rights in Licensed land.

The DGTCP has renewed the license of the builder and still there is no resolution to the problem of Era divine court visible.At the end the builder will go laughing home whereas the buyers have to face the whole brunt of misdeeds of these criminals

[naveenarichwal]

What DGTCP is doing is pure coverup of the crimes and the Courts will ensure the coverup too.

[naveenarichwal]

Another Group of Fighters called Era divine court Victims group meets politicians in Faridabad, for solution to the uending problem.

[navinsabharwal]

Hi,

Is there an update after the DTCP order. Is there any sign of construction activity resuming.

1. The company is also facing serious financial crunch, Era Infra Engineering is in deep loans and all promoter shares are pledged.

2. 200 crore worth of money has been invested from Adel into Era. Is this the money garnered from property investors?