Builder/Seller is liable to honor the agreement after accepting token money and signing on the agreement. The agreement need not be registered.
Category: Navi Mumbai Real Estate
Mhada cancels allotment of 39 prime plots in Mumbai
When it's not real estate, its either his fight against corruption or pulling focus (film making) with his NIKON D750 that keeps him busy.
With over 9 million views of his pictures on Google Maps and over 1.3 crore views of his contributions, he has been designated as a Master Photographer by Google.
He can be reached on 9987452642
- 2 BHK flat for sale in NL 5, Sector 11, Nerul East - September 2, 2023
- 3 bhk flat for Rent in Parsik Hill - July 19, 2023
- 1 bhk for Sale in Geetanjali Heights, Sector 27, Nerul - July 16, 2023
The Mhada vice-president and CEO, Mr.Satish Gavai announced on tuesday,19th June 2012,that Mhada had cancelled allotments of 39 prime plots which were given to ‘prominent personalities’ and ‘trusts’. In most of the cases these ‘prominent personalities and trusts’ were nothing more than front companies for politicians and their families. The regulation under which they were ‘distributed’ was the Regulation 16 of Mhada act. Most of these ‘allotments’ were under the watch of Vilasrao Deshmukh and Sushil Kumar Shinde (ex-cm’s of Maharashtra).Most of these plots were reserved for affordable housing or schools and hospitals to charitable trusts. The politicians in control amended the rules to engineer this scam.68 plots spread over 20 hectares of land were allotted at a negligible rate by a sub-committee of Congress and NCP ministers. Deshmukh sanctioned 52 and Shinde sanctioned 15.All the beneficiaries were politicians, builders, bureaucrats, housing societies and trusts controlled by Congress and NCP ministers.This allotment of public housing plots was stopped in April 2004.39 cases are still pending.In one such case a 10,000 sq mtr plot in Oshiwara was meant for a hospital but was given to Nargis Dutt Trust. After it was sanctioned the land in 2000,the trust wanted to pay just…
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When it's not real estate, its either his fight against corruption or pulling focus (film making) with his NIKON D750 that keeps him busy.
With over 9 million views of his pictures on Google Maps and over 1.3 crore views of his contributions, he has been designated as a Master Photographer by Google.
He can be reached on 9987452642
- 2 BHK flat for sale in NL 5, Sector 11, Nerul East - September 2, 2023
- 3 bhk flat for Rent in Parsik Hill - July 19, 2023
- 1 bhk for Sale in Geetanjali Heights, Sector 27, Nerul - July 16, 2023
Flat buyers are often kept in the dark about the property taxes due on their plot/flat at the time of possession. Only later do they realize that they have been shortchanged by the builder/developer when they are slapped Property Tax Due Certificate by the Municipal Corporation, which sometimes can be to the tune of a few lakhs!It helps to remember that until the possession of the flat is handed over to the flat buyer, all taxes due on the flat/plot, are payable by whoever owns the flat/plot, which in most cases is the builder/developer. Often with the connivance of the Municipal corporations, the builder escaped payment of this tax. The Municipal corporation, which can easily make it mandatory for the builders to pay all liable taxes before handing over the Occupancy Certificate for the flat/building, happily chose to look the other way.All this is set to change if the Minister for Urban Development, Mr.Bhaskar Jadhav, is to be believed.According to the new rules proposed by the Minister. Builders will have to pay property tax for 3 years at the time of issuance of the Commencement Certificate and if the construction is not complete at the end of 3 years, he…
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