GSRK Estates
Home Services Projects Media Center About Us Contact Us Download Career
19 SEZs in Telangana, Andhra P
 
Tax Benefit for 1st Home Buyer
 
NIMS-Rangapur building, 400 ac
 
Report seeks Rs. 750 cr. for d
 
Irrigation Projects in Mahaboo
 
State entrusts protection of g
 
Hyderabad IT investment region
 
AP proposes 400 Acre electroni
 
Andhra Pradesh inks MoUs for R
 
Govt cancels illegal layouts i
 
Companies and states oppose La
 
Land acquisition bill - Revise
 
HMDA master plan covering 6000
 
AP has the most number of SEZs
 
Peugeot may choose Chittoor to
 
MIC Electronics new LED produ
 
Mahindra to set up tractor man
 
Capgemini has more staff in In
 
Largest Single Building Office
 
BDL, NSG, Octopus, CRPF, NPA o
 
Show All News
Media Information
All Is Not Well In Nagpur's Realty Market

Published & Updated as on - 2010-02-17


All Is Not Well In Nagpur's Realty Market
There is a complex real estate fraud unfolding in Nagpur that threatens to hit at least a million investors. Many unregistered firms have sold plots that don't have legal sanction from any authority. Take the case of Mr Yeshwant Vishwanath Mahurkar, a retired director of the Geological Survey of India. He purchased a 4,500 sq feet plot at Rs10 per sq feet from a residential society in Khapri in 1991, unaware of the fact that the area has been acquired for the multi-modal international hub and airport at Nagpur, commonly known as the Mihan project. Now, he does not know whether his land still belongs to him. "Forget open plots, thousands of flat owners are being duped also," said social and political worker, Mr Anil Wadpalliwar. However, on February 1, collector Mr Praveen Darade issued notices to builders, a move that would affect nearly 15,000 flat owners in illegal apartments. Source: 9 Feb 2010 DNA

HC Issues Notice To DLF Group Companies
The Delhi High Court has issued notices to DLF and its two group companies - DLF Home Developers Ltd and DLF Estate Developers Ltd - over a petition filed by another company in the sector alleging that the companies did not deliver it land in spite of taking money. Justice Ms Indermeet Kaur sought a response from the companies and one Sudipti Estates over the alleged transaction. Source: 11 Feb 2010 The Financial Express

Newsletter Subscription
 
 
Copyright Reserve to © GSRK Estates 2009-10 | Privacy Policy | Disclaimer | Terms of Use | Site Map -- Web Technology ETimes (india)