India cracks down on illegal structures

India cracks down on illegal structures

Safety is now India’s prime concern after a building fell down and killed 11 people at the end of last year.

After the building collapse at Nanakramguda that caused 11 fatalities in December, the Indian municipal administration department has announced plans to amend its laws in order to make it harder for builders to register properties.

Prices set to rise in Singapore

The new law will make sure that a developer cannot sell a property without taking the mandatory permissions from the civic body out first – therefore making it harder for them to cut corners on safety.

GHMC chief city planner Devender Reddy explained:

“The revenue [registrations and stamps] department has given an in-principle clearance to the proposal, making a sanctioned plan or approval mandatory while registering a property. The Greater Hyderabad Municipal Corporation has been advised to amend the relevant municipal laws to make this happen.”

The Indian state government has been considering linking building plan sanctions with property registration for some time, in an attempt to curb illegal construction.

Property boom in Dubai

Illegal construction has become a major problem as builders were selling property to the public without taking the necessary permissions out first. This often meant that they were unfit for occupation, as the collapse at Nanakramguda proved.

In the past, if the civic body made any attempt to demolish buildings that it deemed unsafe, it was forced to deal with the anger of the residents who didn’t want to leave their new homes – and often demanded why the government had not prevented the illegal constructions from being built in the first place.

Self-certified Sophisticated Investor

Please read

I declare that I am a self-certified sophisticated investor for the purposes of the restriction on promotion of non-mainstream pooled investments. I understand that this means:

I am a self-certified sophisticated investor because at least one of the following applies:

I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me seek advice from someone who specialises in advising on non-mainstream pooled investments.

High Net Worth Investor

Please read

I make this statement so that I can receive promotional communications which are exempt from the restriction on promotion of non-mainstream pooled investments. The exemption relates to certified high net worth investors and I declare that I qualify as such because at least one of the following applies to me:

aerial-view-uk-houses

緊貼市場趨勢

立即登記搶先獲得最新項目及獨家物業投資機會。

我們會定期發送電子通訊,介紹最適合您的全新發布項目及獨家優惠。 我們受到超過 30,000 名活躍買家的信任,不斷更新最新英國物業市場資訊。

  • 最新發展項目及獨家優惠
  • 樓市走勢專業分析
  • 物業市場成交數據
  • 項目建築進度定期更新
UK holiday let

最新最快英國樓市新聞。

追蹤我們最新樓市觀點,爲您提供前瞻性的建議和分析。

自 2005 年成立以來,我們是英國地產市場權威,提供前瞻性的建議和分析。我們的英國物業資訊獲得 Apple News 及 Google News 授權發佈。

  • 英國樓市趨勢
  • 按揭申請攻略
  • 業主放租須知
  • 物業指南及投資建議

請即聯絡

立即聯絡我們英國物業專家查詢更多:

 

+852 6699 9008

辦公時間 9am-6pm