According to the petition, villagers applied in 2013 for the construction of a pedestrian path. Following a thorough investigation, the state forest department provided exact coordinates along which the pedestrian path was to be built, and a hand-drawn map signed by the village Pradhan was also approved. The petition claims that the approved coordinates were changed to suit the builder, who is also an hotelier. The builder began instead of a pedestrian path, according to the PIL.

Building a highway road the applicant also claimed that the forest area is under the jurisdiction of the Naina Devi Bird Conservation Centre.

Following a hearing, the division bench of Chief Justice Vipin Sanghi and Justice RC Khulbe barred builder Upendra Jindal from using heavy machinery in the reserved forest area, including the JCB machine. In the meantime, the court has asked the state forest department to file a counter-affidavit in the case. On February 15, 2023, the case will be heard again.

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“The government is promoting the use of wind- and solar-based charging methods for electric vehicles.

He said we’re also working on solar-powered electric highways that will allow heavy-duty trucks and buses to be charged while they’re on the road. An electric highway is a road that provides power to vehicles passing through it, including overhead power lines.

Gadkari also stated that the government is actively supporting toll plazas to use solar energy. The minister stated that the road ministry has conducted route optimization exercises all over the expressways and has constructed a modern alignment.

“We are trying to construct 26 green-field expressways,” Gadkari said, highlighting that indeed, architecture boosts economic growth, creates new businesses, and encourages job growth.
With the release of the PM Gati Shakti Grand Plan, he asserts that developments will be resolved rapidly and logistical support will be reduced.

The minister welcomed private investors from the United States to invest in India’s logistics, ropeways, and cable car sectors, stating that India and the United States are natural partners.

He stated that 3 crore trees would be planted along national highways, and that the government is implementing tree planting practises during highway construction and expansion.
“So far, we’ve planted 27,000 trees on national road projects,” he says.
According to Gadkari, the government is working on a new policy called “Tree Bank” that will require authorities such as the National Highways Authority of India (NHAI) and the National Highways and Infrastructure Development Corporation Limited (NHIDCL) to keep a tree bank account of trees planted during project development.

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The new Evacuation Safety Circular is a step towards improving evacuation routes for residents anda Safer andFaster Mode for Fire Officers to reach High – Rise Floors during fire emergencies in Maharashtra

 Mumbai, July 21, 2022:The most landmark Circular issued by Maharashtra State’s Energy Department in conjunction with the Municipal Corporation and the Fire Departmenthas made it mandatory to install and operate a Fire Evacuation Lift in every High-Rise Building scaling 70-meters and above since January 2018. The Energy Department has issued the Circular as ‘Advisory on Installation of the Fire Evacuation Lifts in the High Rise Buildings having height 70 Meters and above.”

 Making the ‘Fire Evacuation Lift’ mandatory is seen as a visionary step in providing Safer and Faster route for Fire Officersto reach the higher floors to save lives and assets. Meanwhile, it is one of the safest and fastest modes for evacuating people stranded in emergency situations of fire in High Rise Buildings. Maharashtra has become the first State in India to make Fire Evacuation Lifts mandatory for buildings 70meters and above since January 2018 in what is termed as the solution to mounting emergencies during fire-fighting and provide a safe evacuation mechanism for people and assist Fire Officers to save lives and assets.

As part of the evacuation solutions, many Developers of High – Rise Buildings in the cities like Mumbai have installed or are currently opting to install non-standardized or low graded Fire Evacuation solutions/Lifts. However, these Non-standard Fire Solutions/ Evacuation Lifts may not provide right security and safety to people in the event of a fire due to compromise in quality by the builders and regular passenger lift makers. In contrast, the Fire Evacuation Lifts are a far more secure and safer option and are developed by specialized teams of a Fire Evacuation Lift Manufacturer. It protects and enables fire-fighters to reach higher floors faster and evacuate a group of 10-18 people of all ages and abilities including pets at one given time in less than three minutes(i.e. almost 100 people in 30 minutes approximately). It also enables the Emergency Response Team (ERT) to reach any floor within a minute to fight fire, save lives and assets and thus reduce losses.

As per the New Circular, henceforth, it is mandatory to obtain the permission for erection and License for operation of Fire Evacuation Lifts in the State of Maharashtra.

Further, it will provide a much awaited solution to the Fire Brigades across cities in Maharashtra and the ERTs in combating emergency fire situations in High – Rise Buildings, as they can use the ‘Fire Evacuation Lifts’ to reach to higher floors rapidly to evacuate people and save assets by dousing fire more efficiently and timely.

The implementation of the new Circular shall be effective immediately from the date of issue for the upcoming Fire Evacuation Lift installations and shall apply with retrospective effect to the existing Fire Evacuation Lift installations.

High-Rise Buildings scaling 70-meters and above in heights in Maharashtra will have to put in place the necessary infrastructure, such as Fire Evacuation Lifts, which provide a much safer and more secure option.This Circular, will begin a new chapter of fire evacuation in Maharashtra.

The post Press Note: Maharashtra’s Energy Department Issues A Circular To Make Installation of the Fire Evacuation Lift Mandatory in High – Rise Buildings. appeared first on .

The Securities and Exchange Board of India (Sebi) announced the auction on July 15, 2022, from 11 a.m. to 1 p.m. Office premises, residential flats, land parcels, shops, land & buildings in Gujarat, Maharashtra, Goa, Daman, and Dadra and Nagar Haveli are among the properties up for auction.

More than 266 properties were auctioned off between November 2019 and March 2022, with a reserve price of Rs 1,297 crore.

The move followed a Supreme Court judgement in December 2019 for the sale-cum-monitoring committee, led by retired Justice J P Devdhar, to sell 114 properties owned by the firms within six months.

Citrus Check Inns and its directors were fined Rs 50 lakh by Sebi in December 2018 for failing to comply with its order, which prevented them from raising funds from the general public.

Sebi has received multiple investor complaints against Citrus, stating that Royal Twinkle’s directors were administering their Collective Investment Scheme (CIS) through Citrus.

The regulator had issued a four-year ban on Royal Twinkle and its four directors in August 2015 for illegally generating over Rs 2,656 crore in the guise of bogus “timeshare” holiday plans.

Furthermore, it had asked the company and its administrators to repay the money to the investors, along with the promised returns, within three months.

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The Ahmedabad Municipal Corporation (AMC) is nearing completion of an agreement with Google to help geotag every property in the city, so that a simple unique alphanumeric digital id can designate these properties in order to develop a ‘Unique Address System’ (UAS) for the city, similar to Google’s ‘Plus codes’.

Once the UAS code is entered into Google Maps, it will assist persons in receiving meals and consignments, calling ambulances and cabs, receiving postal deliveries, and even assisting people in safely to your address. These distinct identifiers will serve as Amdavadis’ new ‘smart addresses.’

According to AMC sources, the civic body approached Google six months ago with a request to map city properties. For the past six months, talks have been ongoing to address “important problems” such as data protection. AMC has insisted that an MoU be inked only if Google’s India office, not its California headquarters, is involved in the agreement.

Google has now mapped its Plus Code addresses to a couple of Indian cities, including Pune and Kolkata. There are around 20 lakhs properties, over 15 lakhs of which are formally registered with the municipal corporation for property tax. UAN, or unique addresses for properties, are made up of a set of 20 alphanumeric characters. They won’t be case-insensitive and does not include vowels. On a trial basis, the AMC may ask Google to give codes to homes in a specific ward.

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October 19 2021, Mumbai: Spenta Corporation Pvt. Ltd. one of the leading real estate firms of Mumbai recently announced the launch of a brand new tower – “Amber”, as a part of its new project Ornata in Chembur in Mumbai. Spenta Corporation will be developing the new tower in association with Sabari Group of Mumbai.

Ornata will offer fully furnished 1BHK & 2BHK residencies starting from ₹76 Lacs & ₹1.15 Cr. The proposed 26 storied tower will comprise 08 units on each floor. Boasting a stunning and unobstructed view of the Bandra-Worli Sea Link and smooth connectivity to Eastern Express Highway, Santacruz-Chembur Link Road and packed with social amenities like schools, colleges, hospitals, malls and eateries nearby the project is one of its kinds.

Speaking on the launch, Mr Farshid Cooper, Managing Director, Spenta Corporation said, “With demand in the housing sector in the city of Mumbai witnessing a significant uptick, we thought it was an opportune time to launch Amber at our new project Ornata. We promise to deliver the very best to our customers and are hopeful to achieve good sales with our launch offers and the approaching festive season. We look forward to welcoming the chosen few of you to our ever-growing Spenta family”

Along with the launch of the tower, Spenta Corporation is offering a special festive gift of iPhone 13 pro (128 gb) to buyers on each booking at Amber. Project is MahaRERA registered.

About Spenta Corporation: Spenta Corporation is among Mumbai’s leading real estate firms focused on delivering high end projects. The company has transformed over 12 million square ft. of Mumbai into iconic residential towers, office spaces, housing complexes and shopping arcades. Founded in 1989 by Aspan L. Cooper, the company boasts of a deep-set commitment to deliver projects on time while adhering to its core values of sustainability, innovation, excellence and integrity. The firm is known for its ability to create a balance between inner and outdoor spaces, with efficient use of liveable space without any compromise on quality. Spenta projects are a hallmark of intelligent space planning and keen attention to detail. The key focus lies in customer centricity while the main USP is smart lifestyle solutions that reflect quality, design and craft.

For further details, please contact:

Hesha Parekh

M: +91 9833113169

E: hesha.parekh@communicateindia.com

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From April 1, 2019, GST of 5% will be charged on non-affordable housing developments that do not qualify for Input Tax Credit (ITC). For ongoing projects, the builder can pay GST at the previous rate of 12% with ITC, which implies that taxes paid on inputs can be written off.

According to a CA, favourable advance decisions for the tax department are unavoidably followed throughout the assessment. If the taxpayer (say, a builder) adopts a different strategy, there will be litigation.

The sale agreement, drafted by Thane-based residential building firm Puranik Builders, was typical of most builder agreements, with two components displayed separately. These were charges for the primary construction operation as well as “additional charges.”

Charges for installation of electric meters, water connections, advance maintenance and club-house maintenance (before society was founded), legal costs, and other expenses were included in the latter. These fees were collected from buyers at the time of signing the contract or handing over possession of the units.

While the builder was collecting GST at 18% on such “other charges,” it sought a decision from the AAR on the relevant rate. It claimed that the services underpinning the “other charges” should be regarded as a single supplier (bundled with the supply of the main construction activity). As a result, the GST rate on the primary supply (currently 5% for new projects) should be applied.

According to the AAR, the consideration is charged individually for various services. It went on to say that it was amusing that while stamp duty was paid on the value of the flat’s sale (excluding the value of “other charges”), resulting in reduced stamp duty, when it came to GST payments, the builder claimed that the other costs were part of the primary building activity. The AAR determined that an 18% GST will be levied on the services that are the basis for the other charges. The builder must pay GST on the whole amount received as “other charges,” with no refund.

According to an indirect tax specialist, “no one will buy a flat without an electricity or water connection.” Buyers expect the builder to maintain common amenities until society is created. As a result, considering such charges as non-composite may increase complexity and expenses in the real estate sector.”

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According to the announcement, IPPB would make LIC Housing Finance Ltd’s (LICHFL) home loan products available to its clients across India through its robust and wide network of 650 branches and more than 136,000 banking access points.

LICHFL will handle credit underwriting, processing, and disbursement for all house loans under the strategic partnership, while IPPB will source the loans.

The partnership with LICHFL is part of IPPB’s goal to broaden its product and service offerings, as well as to meet the banking and financial requirements of various clients across the country, particularly the unbanked and underserved.

Through agreements with insurance firms, IPPB already offers general and life insurance products. According to the statement, credit products are a natural extension for clients at the final mile.

IPPB employs over 200,000 postal personnel (postmen and Gramin Dak Sevaks) who are equipped with micro ATMs and biometric devices for doorstep banking. This will play a key part in LICHFL’s home finance offerings.

“Easy access to financing for home purchases is a critical requirement for attaining equitable growth. The collaboration with LICHFL is a key step forward in IPPB’s mission to become one of the largest platforms for our clients to get credit products to suit a variety of demands,” According to J Venkatramu, MD & CEO of India Post Payments Bank.

LIC Housing Finance MD & CEO Y Viswanatha Gowd stated that the strategic MoU with IPPB will assist the firm in deepening its market penetration.

“It will allow us to expand LICHFL’s home loan product reach into hitherto unexplored areas across the country. We consider this strategic collaboration as a key step that will support our long-term company growth and enhance our market share, with an unrivalled presence of post offices,” he stated.

For salaried persons, LIC Housing Finance provides house loans beginning at 6.66% for loans up to Rs 50 lakh.

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While conducting the presentation, the environment department called for mitigating actions, stating that if temperatures rise by 2-2.5 degrees Celsius due to climate change, the city and state will be among the worst-affected in the world.

“The cabinet recognizes the need for immediate action and expresses its determination to go on with a carbon-neutral strategy,” said Manisha Mhaiskar, Principal Secretary for Environment.

“It has been determined to establish a climate change ministerial council chaired by the chief minister and co-chaired by the deputy chief minister. We have identified five areas where a time-bound climate action plan must be implemented in order to mitigate the effects of climate change.”

The department warned that if “business as usual” continues, Mumbai and other coastal districts could risk submergence, while core Maharashtra will face severe drought. According to the report, instead of functioning as carbon sinks, woods would burn due to fires.

The presentation also cautioned that ‘wet bulb temperature’ (temperature read by a thermometer wrapped in water-soaked fabric — wet-bulb thermometer — over which air is circulated) would be disastrous for Mumbai. When humidity is 100 percent, a wet bulb temperature reaches the ambient temperature and water does not provide any cooling, resulting in heat strokes among live creatures; this can cause a significant number of deaths, equivalent to those caused by earthquakes or epidemics.

According to the presentation, the effects of climate change are already being felt locally: Mumbai and surrounding regions were hit by two cyclones in rapid succession (Nisarga in 2020 and Tauktae in 2021). Landslides are also growing more common as a result of heavy rains, according to the report.

The agency cited measures made by the government to slow the pace of temperature rise, including the conservation of Aarey forest and the restoration of mangroves as steps toward conserving and building carbon sinks.

Energy (50%), industry and transportation (15% each), agriculture, and urbanisation (10% each) are the five sectors regarded as important contributors to the carbon footprint. A plan would be prepared by a minister of the department responsible, according to Mhaiskar, who will also offer data on how much money will be allocated for its implementation. The plan will then be presented to the city council.

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Only 53 lakh dwellings could be supplied to the poor in the previous 30 years, Yogi remarked while giving keys to 5.41 lakh PM Awas Yojana (PMAY) and CM Awas Yojana (CM Awas Yojana) beneficiaries (CMAY).

In contrast, he said that the BJP administration supplied 41.73 lakh homes in rural and urban regions in four years, a record. “It was only after Prime Minister Narendra Modi took office in 2014 that the poor were linked to different government programmes without regard for caste, region, or religion,” said Yogi, who also met with recipients from Ayodhya, Varanasi, Rae Bareli, Bahraich, and Kushinagar.

According to him, many were unable to get the whole amount under the PMAY plan. “Previously, there existed corruption and discrimination,” Yogi added, emphasizing that Jan Dhan accounts created in banks in accordance with PM Modi’s instructions closed leakages and ensured that the poor received the whole amount.

The CM questioned recipients if they had got benefits from other programmes, like as Ujjwala, Saubhagya, and Ayushman. The CM insisted that the residences supplied to the needy under PMAY and CMAY were part of the BJP government’s pro-people agenda at the federal and state levels. Yogi praised the Lakhimpur Kheri government for supporting the “cluster method,” under which the poor were supplied with dwellings and amenities including as electricity and piped drinking water in a township-like environment in Landanpur village.

“Previously, nepotism and casteism stifled progress. However, when the people elect a decent administration, benefits from programmes reach every poor person,” Yogi said. He said that the state government was pleased that 70% of PMAY’s owners were women, bringing them closer to PM Modi’s aim of making women “atmanirbhar” (self-reliant).

Yogi has pushed for the collaboration of economically sound rural households and the state government in order to improve village infrastructure. “People should not be completely reliant on the government. Instead, they should assist in bringing socioeconomically disadvantaged individuals into the mainstream,” he said.

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