Measurement Certificates To Be Made Mandatory for Registering New Homes
Maharashtra government is planning to issue a circular making measurement certificates from the legal metrology department mandatory for registering new homes. The government feels that this will reduce the discrepancies between the promised and actual size of flats and reduce frauds by builders.
 
The measurement, in sq metres and not sq feet, will be done on the carpet area to do away with the ambiguity caused by terms like built-up area and super built-up area. 
 

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U-turn Housing To Pay Rs1 Lakh Damages
ANew Delhi district consumer forum has directed a developer, U-turn Housing, to pay two customers from Janakpuri a compensation of Rs1 lakh each. The penalty is for failing to deliver two plots booked by them. They had booked the plots in Silver City, Diggi Road, Jaipur, through U-turn Housing and paid the instalments. But the developer had no plots to sell and no allotment letter was issued even after the complainants issued three cheques.
 
“The opposing party had in fact no plots for sale and collected money on false advertisement and assurances,” said the forum.

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Long-term Bonds: Buy or Sell?
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