Delhi: Conveyance deeds under PM-UDAY issued to over 1,500 applicants – ET RealEstate

NEW DELHI: Conveyance deeds or authorisation slips have been issued to 1,533 applicants under the PM-Unauthorised Colony in Delhi Awas Adhikar Yojna (PMUDAY), the DDA said on Tuesday. The scheme was launched October 29, 2019 to confer ownership rights to residents of 1,731 unauthorised colonies in Delhi.

“Till September 18 the year 3,18,946 people have registered for the scheme and conveyance deeds or authorisation slips have been issued to 1,533 applicants,” the DDA said in a statement.

The Delhi Development Authority said it has organised several awareness camps and meetings with RWAs in various parts of Delhi for residents of unauthorised colonies to help them in getting ownership rights.

The awareness camps were organised at Hardev Nagar Burari (Laxmi Nagar), Roshanpura (Dwarka), Valmiki Colony (Dhamsa) & Dabur Enclave Jafarpura (Dwarka), Mahila Park Patel Nagar (Dwarka), Ramgarh Jagirpur (Pitampura), Madhur Vihar (Laxmi Nagar), among other places, it said.

Such camps and meetings with RWAs are expected to be conducted by each of the processing centers under PM-UDAY Cell every week, the DDA said.

To help the residents of unauthorised colonies, the DDA has taken a slew of measures.

The DDA has tied up with Common Service Centre (CSC) e-Governance Services India Limited, a special purpose vehicle under the Ministry of Electronics & IT managing the CSC scheme, for carrying out online registration of citizens under the PM-UDAY scheme as well as filing of applications for conferment of right in unauthorized colonies, it said.

Approximately 1,375 CSCs have been engaged to facilitate the residents.

In addition, 28 help desks under PM-UDAY Cell, are currently operational to facilitate and render all necessary assistance for conferment of ownership rights, the urban body said.

Besides, five processing centers (Pitampura, Dwarka, Hauz Khas, Laxmi Nagar and Rohini) are actively functioning for back-end processing of the applications on PM-UDAY portal and issuing conveyance deeds or authorisation slips against mature cases, it added.

Source link

Construction of Jaypee Kalypso Court resumes under UP-RERA’s new rehabilitation model – ET RealEstate

File photo

NEW DELHI: Construction of Jaiprakash Associates‘ (JAL) Jaypee Kalypso Court (Phase – II) resumed on Saturday under the Uttar Pradesh Real Estate Regulatory Authority’s (UP-RERA) new ‘rehabilitation model’ where buyers and promoters work together towards the completion of the project.

“UP-RERA has been successful in implementing this approach to resolve the disputes and revive a stalled project. The project ‘Jaypee Kalypso Court’ of JAL is the first such project in U.P. RERA that has passed through this approach and the promoter has now commenced construction work in the project from today,” said Rajive Kumar, chairman, UP-RERA.

Under the new joint development devised by the authority, the promoter continues to be responsible for completing the project and delivering on its obligations, while the homebuyers through their collective are responsible to ensure the payments made by them are being deployed only on the project.

The authority will review the progress of the project on a quarterly basis. Further, a Chartered Account shall be appointed for the concurrent audit of the project to completion. The authority on its website will shift the project to the special category of projects under rehabilitation as per the provisions of Section 8 of the RERA Act.

In July 2020, the authority had authorized JAL with the consent of the Progressive Welfare Society (Association of Allottees) of the project to undertake the completion of the remaining development of the project.

In all, 274 units out of the total 304 sanctioned units in the towers 7, 8, 11, 12 have been sold and 30 units are yet to be sold. On its part JAL committed to infuse Rs 45 crore into the project and will complete the project in about 12-15 months from the date of starting work in the four towers in line with the Pert Chart.

Balvinder Kumar, member, UP-RERA said, the authority is hoping that many more stalled projects can be completed if the AoA and promoter can mutually work together under this model towards the completion of the project”.

Based on the audit done by Currie & Brown, it was reported that 40 projects of Gautam Buddh Nagar district have been found as net positive surplus and are viable for completing the projects under this model in the future.

The authority is planning to extend this approach to various other projects in the state where the projects are stalled either due an impasse between the promoter and the homebuyers or the completion date as declared by the promoter has lapsed including the one-year extension permissible under section 6 of the RERA Act.

Source link

DDA holds online meet with residents of plotted housing colonies – ET RealEstate

NEW DELHI: Seeking to engage the public and stakeholder groups in the formulation of the Master Plan of Delhi (MPD) 2041, a meeting was held on Thursday between DDA officials and several residents and representatives of resident welfare associations (RWAs) of plotted housing colonies.

The Delhi Development Authority (DDA), in partnership with the National Institute of Urban Affairs (NIUA), is currently preparing the Master Plan for Delhi 2041.

The day-long public consultation with residents and RWAs of plotted housing colonies of Delhi was held on WebEx online platform, in three batches, from 11 AM onwards. Around 120 people and RWAs had registered through emails and the meeting was also attended by senior officers from DDA and NIUA, a senior DDA official said.

The meeting was chaired by Leenu Sahgal, Commissioner (Planning), and H K Bharti, Additional Commissioner (Planning) in the DDA.

“Participants were requested to share their suggestions towards improving built environment and civic facilities and other planning concerns pertaining to these colonies such as connectivity and linkages with public transport,” the DDA said in statement.

The main concerns highlighted by participants were about disconnected sewerage and road network, encroachment in unused land parcels, air pollution and parking management, it said.

A common concern expressed by most participants was regarding conflicts between commercial and residential uses and issues arising from mixed land use, the urban body said.

Source link

The Executive Centre’s south Asia revenue up 18% in H1 2020 – ET RealEstate

BENGALURU: Flexible workspace provider The Executive Centre said its revenue in south Asia rose 18% in the first half of the year to $21 million while occupancy was up to 89% from 87%. Globally revenue was up 5% to $120 million.

Total number of workstations occupied as of June 30 increased by 14% compared to last year and client renewals was up to 62%. The company also opened 6 new centres in the same time. Notable new signings were from financial services & banking, IT and consulting sectors.

“It cannot be denied that the Covid-19 pandemic has been the main external factor impacting the performance of companies. As a result, the world of work is changing dramatically as businesses focus on managing costs to survive and look for workspaces with greater flexibility to support in office and remote working.

We have seen stronger demand coming from MNCs and domestic corporates since April across the Greater Bay Area and South-East Asia which helped to drive sustainable revenue growth and profitability in the first half of the year,” said TEC Founder and CEO, Paul Salnikow.

The company has 135 centres in 32 cities which include 30 centres spread over 8 lakh sqft in Mumbai, Gurgaon, New Delhi, Hyderabad, Bangalore, Chennai and Pune.

Source link