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Latest RE News - Bihar

Last updated: March 4 2021
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  • Re : Latest RE News - Bihar

    Confiscate property of Agrani Homes' directors: Bihar RERA

    The two were hearing a bunch of complaints filed by the aggrieved real estate buyers, who have made payments to Agrani Homes but have not got possession of the property.
    • TNN
    • February 14, 2021, 11:56 IST

    PATNA: The Real Estate Regulatory Authority (RERA), Bihar has ordered confiscation of all movable and immovable property of the present and previous directors of Agrani Homes Private Limited and freezing of their bank accounts.

    The order was passed by the bench of RERA, Bihar chairman Afzal Amanullah and member R B Sinha on February 10. The two were hearing a bunch of complaints filed by the aggrieved real estate buyers, who have made payments to Agrani Homes but have not got possession of the property.

    The RERA has also ordered that utilisation of a building constructed on a residential plot in Patliputra area by Ruben Hospital (Ruben Patliputra Hospital Pvt Ltd) be stopped until further orders or an approval from Patna Municipal Corporation (PMC) for utilisation of the residential property as a hospital, whichever is earlier. Ruben Hospital has been asked to explain why they were using the building for medical purposes without proper deed as well as authorisation from PMC.

    Incidentally, the plot was sold by Agrani Homes to Ruben Hospital using the proceeds of few real estate projects of the company. Agrani was required to use the proceeds from the sale of Patliputra property to reimburse its aggrieved customers. However, out of Rs 4.05 crore received from Ruben, Agrani deposited only Rs 2 crore with RERA. Now, Agrani has been directed to deposit another Rs 2.05 crore in the form of demand draft with RERA immediately.

    The RERA bench has observed that a part of the money paid by Ruben Hospital for buying the land at Patliputra was used by Agrai Homes for closure of a loan account of Indus Ventures, a firm run by Vijaya Raj Laxmi, wife of Alok Kumar, managing director of Agrani Homes.

    The RERA has stated in its order that all moveable and immoveable property of Alok, his wife Vijaya and their son should be brought under the lien of RERA with immediate effect. Similarly, all moveable, immovable properties and bank accounts of all its present and previous directors, their spouses, dependent children and all their power of attorney holders have been frozen.














    Confiscate property of Agrani Homes' directors: Bihar RERA, Real Estate News, ET RealEstate (indiatimes.com)
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    • Re : Latest RE News - Bihar

      Over 18 lakh beneficiaries got aid under PMAY-Gramin: Bihar rural minister

      He said from 2012-13 to 2015-16, the construction of 19.03 lakh houses were approved, and 18.03 lakh beneficiaries have got the first instalment. He said 13.67 lakh units are complete.
      PATNA: State rural development minister Shravan Kumar told the legislative council on Monday that the Pradhan Mantri Awas Yojana scheme is being implemented properly in the state, and its progress monitored. The minister said staffers have been roped in on a contract basis to encourage beneficiaries to avail of the facility, and panchayats observe Awas Diwas every Wednesday.

      He was replying to a starred question raised by MLCs Radha Charan Sah and Ram Chandra Purbey on the issue of incomplete houses under Indira Awas Yojana and their report not available on the portal.

      Shravan told the Upper House that the Indira Awas Yojana was renamed Pradhan Mantri Awas Yojana Gramin in 2016-17. He said from 2012-13 to 2015-16, the construction of 19.03 lakh houses were approved, and 18.03 lakh beneficiaries have got the first instalment. He said 13.67 lakh units are complete.

      He further said as per a letter from the Union ministry dated November 2017, there's a ban on giving the first instalment to new beneficiaries under the Indira Awas Yojana and only those houses which have received the first instalment will be completed. This means 4.35 lakh beneficiaries will not get money.

      Minister further said beneficiaries have to construct their houses themselves and they get the second or other instalments only after completing a certain determined level.

      Acting chairperson Awadhesh Narain Singh told the Upper House that the video clippings of the proceedings will be made available to them the same day, which they could use on their social media. BJP MLC Rajneesh Kumar thanked the acting chairperson on behalf of all members.












      Over 18 lakh beneficiaries got aid under PMAY-Gramin: Bihar rural minister, Real Estate News, ET RealEstate (indiatimes.com)
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