ENCROACHMENTS AND DEMOLITIONS IN BANGALORE

MORE AND MORE ENCROACHMENTS AND ILLEGAL CONSTRUCTIONS ON AND AROUND RAJA KALUVE AND LAKES HAVE BEEN FOUND OUT AND THE PUBLIC ARE ALSO PROVIDING DETAILS ABOUT SUCH DEVIATIONS AND VIOLATIONS.

MANY SUCH VIOLATIONS MAY BE REMOVED SOON.

A PRESS REPORT ON BUILDERS CASES - THE TIMES OF INDIA

Payment Default in and around Delhi -

Flat Buyers who have been irregular paymasters or those who had defaulted in the staggered payments to the builders in the last two years and during the period when the NGT issue over the Okhla Bird Sanctuary Eco-sensitive zone was subjudice, will now find it difficult to demand the apartments from builders at the old or booked price as the sale agreement is not enforceable not.

The prices of most of the apartments have shot up, and now with most apartments nearing completion; builders would find it much more lucrative to refund buyers and resale the apartments are higher prices.

Besides, the buyers now having to procure those flats will have to pay interests between 18-20 per cent on the amount due to the builders to regularise the payments and lay claims to the apartments. But, it all depends upon a particular builder if he wants to oblige a defaulted buyer at all.