No announcement yet.

Latest RE News - Bihar

This is a sticky topic.

Latest RE News - Bihar

Last updated: 2 weeks ago
573 | Posts
  • Time
  • Show
Clear All
new posts
  • #41


    Re : Latest RE News - Bihar

    Firing over land, cops look the other way - on camera

    PATNA: If antisocial elements are trying to terrorize you to dispossess you of your property, whom do you turn to for protection? To police? But what if the police turn a blind eye to the machinations of antisocial elements?

    This is the predicament of Sapna, a Delhi-based teacher, who is cut up with the alleged inaction of Digha police in such a case. On Thursday, she reached the office of Patna SSP with her complaint and video recording of police inaction on her I-pad and CD, but did not return fully reassured even though the city's top cop, taking a cautious line, said the SHO would be taken to task if the complaint was found true. "As it is a case of property dispute, we have to verify the details with the help of SDO concerned," he said.

    According to Sapna's complaint, one Ramji Rai and his 40-50 associates are repeatedly threatening her father, Suresh Prasad Singh, to leave his house and plot of land located at XITT Road under Digha police station. "They fired several rounds in air on Sunday, June 23, but the Digha police did not take any action against them," she alleged.

    "The firing incident took place on June 23 and we informed the Digha PS. The police came while the firing was going on, but did not take any action. When I contacted the SHO later, he was abusive," she alleged.

    The visuals in her I-pad clearly showed that a police jeep reached the place when the firing was going on. But the policemen immediately left the place. "My husband is a doctor with AIIMS, Delhi, and my father is working as a TTE posted in Muzaffarpur. Even if it is a case of property dispute, the SHO should have responded to the firing incident," said Sapna.

    Firing over land, cops look the other way - on camera - The Times of India
    Please read IREF rules | FAQ's


    • #42


      Re : Latest RE News - Bihar

      Patna Municipal Corporation disowns onus for building collapse

      PATNA: PMC executive engineer Lalan Singh has claimed that the civic body was not responsible for the collapse of a building by the side of a site on which a mall is coming up at PC Colony under Kankarbagh police station.

      On Wednesday, a three-storied building on plot no. A 30, adjoining the site of the erstwhile Tewary Bechar petrol pump, collapsed following heavy rainfall. Two other buildings on plot nos A 29 and A 31 have developed cracks.

      However, Singh said on Thursday, "PMC architects approved the design of the mall. But we are not responsible for the collapse of the adjoining house. The building was not in a dilapidated condition."

      Incidentally, the A 30 building was vacated by its owners on June 10. Gunjan Devi, owner of the collapsed house, said, "As soon as we noticed cracks on the wall of our rooms on the northern part of the house, we contacted the builder of the under construction mall. The builder has construction approval of the Patna Municipal Corporation (PMC). But their underground construction has weakened the soil strength in the surrounding areas. Our lawyer is in touch with him (the builder) regarding compensation."

      Gunjan had put on rent four flats of the building which she had to evacuate before leaving the house. Now, they are living in a rented flat in the same locality. "The earnings from tenants was our main source of income," she said.

      Sanjay Tiwari, owner of the house number A 29, said, "We have been living here since 1988. We lodged complaints with the officials of district administration, PMC and Patna Senior SP after the buildings started developing cracks. My tenants had left the building fearing mishap. My building tilted towards north and could collapse any time. We are living in two rooms in the southern part of the house."

      The owners of the three houses are in touch with the builder of the mall through their lawyers. "The builder has promised us compensation, though we are yet to make proper agreement. We have been informed that the builder is currently in Delhi and the formal agreement will be made on his return. However, no official concerned has contacted us after the incident," said Gunjan.

      Patna Municipal Corporation disowns onus for building collapse - The Times of India
      Please read IREF rules | FAQ's


      • #43


        Re : Latest RE News - Bihar

        Bihar gets $300m Asian Development Bank loan to upgrade highways

        PATNA: The Asian Development Bank (ADB) and the Centre signed an agreement in New Delhi on Monday for US $300 million additional loan to upgrade 254 kilometres of deteriorated highways in northern and southern Bihar.

        The additional financing for the ongoing Bihar State Highways-II Project will widen the sections of existing four highways to two lanes, build and maintain bridges and repair the pavements. It will optimize access to the state highway network for the beneficiaries living in remote villages.

        The loan agreement was signed by Nilaya Mitash, joint secretary (multilateral institutions), Department of Economic Affairs, Ministry of Finance, on behalf of the Centre, and Narhari Rao, deputy country director for India, on behalf of ADB. The project agreement was signed by Sunil Barthwal, resident commissioner of Bihar and Ranjit Kumar Mishra, DGM (tech), Bihar State Road Development Corporation Ltd.

        "Better roads built under the project will help more people access social and health services as well as production centres and markets and, therefore, will promote better life and inclusive growth for the people of Bihar," Mitash said.

        "This project will also use a $1 million grant to prepare a 20-year road master plan for Bihar state," said Rao. "It will help the national and state governments achieve their vision of improving the lives of people by providing an efficient transport system," he said.

        The ADB has supported Bihar's State Highway Development Programme through assistance to Bihar State Highways Project-I ($420 million, closed in July, 2012) followed by Project-II ($300 million, signed in December, 2010). Together, the projects are reconstructing 1,209km of state highways.

        "The project will also focus on improving the road design that will help address the problem of floods. To offset carbon emissions, 10 saplings will be planted for every tree cut for widening of roads. Solar panels will be used at construction sites to reduce carbon emissions. Those living near the roads will also receive road safety training. Women will be actively involved in the programme," a state government official said on Tuesday.

        Bihar gets $300m Asian Development Bank loan to upgrade highways - The Times of India
        Please read IREF rules | FAQ's


        • #44


          Re : Latest RE News - Bihar

          Dons are new lords of real estate ring

          PATNA: Criminals, or the so-called 'dabangs' (strongmen), joining politics is passe. Now, they are the lords of the real estate ring, playing a big role in the booming construction business, particularly in and around Patna.

          The alleged crime lords of Patna, whether in jail or roaming in the city, are the 'Big Daddies' who fix the property rates. The old houses in Patna are rapidly being replaced by luxurious apartments. But, according to police sources, the deals are finalized by the alleged criminals.

          "Of late, people accused in several criminal cases, including murder cases, are dealing in property in Patna. Police cannot intervene in property-related cases. So, it has become an easier profession for them," said a top cop wishing anonymity.

          Patna SSP Manu Maharaaj said, "In some recent murder cases, the deceased were somehow involved in property dealing and got murdered by their rivals. We found both the deceased and the accused were rivals in real estate business. It has become a new trend in Patna."

          The same goes with the recent cases of extortion calls. "Criminals like Ritlal Yadav, Bindu Singh and Pankaj Singh, who are in jail, are operating from there. They decide every details of the negotiation and the group members execute the deals," said a cop.

          "None of the accused criminals himself appears while clinching a deal. They target persons who genuinely own a land but are weak in paperwork. They take over the issue and compensate the owner with a reasonable amount. They do it on behalf of some builders in return of some big amount. It's a kind of joint venture between the builders and criminals," said sources.

          Jitendra Yadav, who lodged a case of extortion of Rs1 crore against Ajay Verma, lodged in Beur jail, shared the same view. "I purchased a land in Bahadurpur area which Verma claimed was owned by him. So, he forced me to vacate the land or pay Rs 1 crore to him," said Jitendra.

          At least 50 property-related cases are lodged with the police every month. The land rates in Bahadurpur, Alamganj, Gai Ghat, Pahari, Saguna Mor, Danapur, Fatuha, Bihta and some parts of Bailey Road have increased considerably.

          Dons are new lords of real estate ring - The Times of India
          Please read IREF rules | FAQ's


          • #45


            Re : Latest RE News - Bihar

            Patna Municipal Corporation warns builders against skipping hearing

            PATNA: Patna municipal commissioner Kuldip Narayan on Wednesday warned the builders skipping vigilance case hearing against them to take strict legal action if they did not appear on the next date, which is December 7. There are cases against 141 buildings across the New Capital circle, Bankipore circle and Kankerbagh circle for violating building bylaws.

            More than 50% of the builders facing vigilance cases filed with Patna Municipal Corporation (PMC) commissioner for violating building bylaws, failed to turn up for hearing on Wednesday at PMC office. Earlier, around 40% of the builders were absent during the hearing on November 16. Due to Muharram, it was rescheduled for November 20. On Wednesday, 41 builders out of 81 were absent without prior notice. Altogether 40 cases were heard.

            "I have sent an official letter to the GM, Patna Electric Supply Undertaking (PESU), requesting him to disconnect the electricity supply, permanent or temporary, to the buildings facing PMC vigilance cases. Many builders are avoiding the hearing. If they continue abstaining or fail to reply to the show cause on the next date, we will publish their names in the newspapers and also paste notices on their under-construction buildings," said Narayan. "Strict legal action will be taken against those who avoid responding to PMC's notice," he added.

            Many of the builders who have violated building bylaws despite getting PMC notices to stop construction are illegally continuing with the process. Narayan said, "Under section 323 and 327 of Bihar Municipal Act (BMA), continuing with the construction of any building against which vigilance case is on or giving the flats for occupancy without occupancy certificate, is illegal."

            "PMC executive officers and concerned SHOs have been asked to keep an eye on such constructions despite PMC notice to stop it, in their areas. The BMA authorizes the PMC officials to lodge an FIR against such builders," he said.

            Suggesting the people who are either planning to buy or taking a flat on rent, the PMC commissioner said, "Crosscheck the building map, land ownership papers and whether any vigilance case is lodged against the building or not. For public convenience, we have uploaded on PMC website Welcome to Patna Nagar Nigam,Patna Municipal Corporation the details of all the buildings against which vigilance case is lodged, along with engineer's and vigilance reports," he concluded.

            Please read IREF rules | FAQ's


            • #46


              Re : Latest RE News - Bihar

              Bihar RTI activist told to pay Rs 1.34cr to check land documents

              PATNA: Shiv Prakash Rai,who has been using the Right to Information to access government documents for scrutiny, was shocked when officials in Bihar told him that he would have to cough up Rs.1.34 crore to inspect documents on land registration.

              Rai, in his early 50s, approached the inspector general of registration in the registration, excise and prohibition department of Begusarai district in Bihar for documents pertaining to the purchase of agricultural land near cities.

              "I was shocked when the registration office of Begusarai district asked me to pay Rs 1.34 crore to search and see the documents required," Rai said. He said officials told him that copies of documents could only be made available after the amount was paid.He said the normal charge for inspecting documents was Rs 10 for the first hour, and Rs 5 for every hour beyond that.

              Bihar RTI activist told to pay Rs 1.34cr to check land documents - The Times of India
              Please read IREF rules | FAQ's


              • #47


                Re : Latest RE News - Bihar

                Legal notices issued to Khas Mahal land owners in Munger - The Times of India
                Please read IREF rules | FAQ's


                • #48


                  Re : Latest RE News - Bihar

                  Patna University hostels vacated, illegal constructions demolished

                  PATNA: Following the anti-encroachment drive launched by the Patna district administration on Patna University (PU) campus on Thursday, many of its hostels have been vacated and several illegal constructions demolished. The anti-encroachment drive has been launched in the wake of recent orders of the Patna high court to rid the PU campus of encroachments.

                  On Saturday, the law and order officials along with PU officials visited Krishna Ghat area and got all the girls' hostels located in the vicinity vacated. The hostels, which were vacated, included Nadwi Hostel, Sir G D S Mahila Chhatravas, Ganga Girls' Hostel and Mother Teresa Hostel. All the hostels were sealed by the administration after their eviction. In this locality, some hutments and temporary buildings illegally constructed by class IV staff of the university were demolished by the staff themselves before the officials could reach there.

                  The anti-encroachment squad also visited Magadh Mahila College and Women's Training College and got all the unauthorised constructions demolished.

                  Earlier on Friday, members of the squad visited Patna College and Darbhanga House complex and freed the entire complex from the clutches of encroachers by demolishing the unauthorised constructions there. The flying squad would now visit the Rani Ghat area and the Saidpur complex for removing the unauthorised constructions and freeing the hostels of unauuthorised occupants, said a PU official.

                  PU authorities are, however, tight-lipped over the removal of unauthorised constructions in the name of temples and mutts on the campus. Whether the district administration would touch these "sensitive" spots remains doubtful.

                  More than a dozen mutts exist on the university campus and some of these mutts have erected multi-storeyed buildings and established commercial establishments, much to the inconvenience of students and faculty members.

                  Patna University hostels vacated, illegal constructions demolished - The Times of India
                  Please read IREF rules | FAQ's


                  • #49


                    Re : Latest RE News - Bihar

                    Bihar debacle can bring in good times for realty

                    Contrary to the general impression, the defeat in the Bihar Assembly elections has not dealt any blow to the reforms agenda of the ruling National Democratic Alliance. Rather, it has proved to be a blessing in disguise for the Prime Minister Narendra Modi’s government to fast-track reforms — legislative and administrative.

                    For the realty sector, those that stand out include the move for a pan-India goods and services tax regime and legislation for a real estate regulator, both of which are expected to get nod in the current winter session of Parliament. The delayed reforms had affected the market sentiment and the government has been receiving flak for its inability to check retail inflation and generate employment.

                    Realising the need to provide momentum to reforms to leverage strong domestic growth in the form of healthy seven per cent plus GDP growth in the coming fiscal, the government is likely to press ahead on the reforms front.

                    Easier FDI norms
                    Close on the heels of the Bihar defeat, the government gave a Diwali bonanza by easing foreign investment norms in 15 major sectors, including construction, and raising the approval limit for the Foreign Investment Promotion Board (FIPB) from Rs 3,000 crore to Rs 5,000 crore.

                    It removed entry and exit barriers in the construction sector, doing away with area restriction of 20,000 sq m and capitalisation of $5 million and allowing foreign investors to exit and repatriate investment before a project is completed but with a lock-in period of three years.

                    GST on track
                    The most crucial piece of legislation that has a big bearing on real estate is the GST Bill which is expected to be passed in the current parliament session, especially as the government has now adopted a collaborative and accomodating approach.

                    It will result in simplification and uniformity of taxes, putting an end to tax inefficiency in the form of different state-specific VAT and service tax laws. Though there are two main taxes for home buyers — VAT and service tax — multiple taxes in the form of CST, custom duty, excise duty and the like paid by developers result in price escalation by about 25-30 per cent. A likely GST rate of about 20 per cent should be quite beneficial for the sector in lowering the current tax burden, in turn resulting in reduction of home prices. Separately, the government, proposes to provide tax relief to the real estate sector in the budget for 2016-17.

                    Regulator in sight
                    The decks are already cleared for crucial Real Estate Regulation & Development Bill, 2013 in the winter session as the government has accepted changes proposed by a Rajya Sabha panel. This Bill will give a major boost to real estate sector, bringing in fair play and transparency in transactions to safeguard the interests of buyers and investors.

                    Single window clearance
                    The government, which has already streamlined environment clearances for improving ease of doing business, is now fast- tracking single window clearance system for multi-storied buildings that should come through by early December 2015. The simplified process will considerably cut delays in granting approvals, in turn resulting in cost reduction that will benefit property consumers.This will also provide much-needed relief to debt-ridden developers by way of faster projects completions and lesser interest outgo.

                    More funds for Housing For All
                    For its flagship programme Housing for All, envisaging building 30 million houses, government is readying a plan to provide more funds for constructing rural houses and providing subsidised power and water. Under its AMRUT programme, the Centre has allocated Rs 11,654 crore for infrastructure upgrade.

                    The government’s new found aggression and resolve to push reform agenda, has already seen the BSE Realty Index, registering the most rise in the last fortnight and further reform measures to be unveiled in the budget, will serve to speed up the revival of real estate facing slowdown. — IANS

                    Bihar debacle can bring in good times for realty
                    Please read IREF rules | FAQ's


                    • #50


                      Re : Latest RE News - Bihar

                      After NDA loose election in Bihar, the sentiment of reality sector in Bihar is all time low. No investment, not much information available in regard to reality sector as this is unorganized.


                      Have any questions or thoughts about this?