Pujit Aggarwal of Orbit Corporation arrested for fraud

Realty firm Orbit’s MD, Pujit Aggarwal was arrested on Monday, 12th September, for a fraud and cheating case registered by a firm called Capri Global Capital. The firm, Capri Global Capital had booked 3 flats in Orbit’s Saki Naka project called Orbit Residency Park. The said project was mortgaged with Life Insurance Corporation in 2008…

Builder fined for delaying flat posession

The Maharashtra State Consumer Disputes Redressal Commission (Consumer Court) has asked M/S Vaidehi Akash Housing Pvt limited,to pay the expenses of stamp-duty,registration and conveyance for a 1000 sq ft flat located on Veera Desai Road(Andheri West).The builder had not handed over the flat to the buyer even seven years after making the full payment of…

Municipal officers to face jail for illegal constructions

In a landmark move, the President of India has given her approval to the amendment in the Maharashtra municipal councils, Municipal corporations and MRTP act 2010,whereby the municipal officers who allow illegal constructions to stand despite complaints now face jail for a month or a fine of Rs.25,000.Mr.Bhaskar Jadhav (Minister of Urban Development) informed the…

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