We save money all our lives to own a home. It is one of the most crucial decisions of our lives, thus selecting the right property which suits all our needs becomes a daunting task. The decision becomes even more difficult especially when we keep hearing news of property related frauds, under construction buildings collapsing, builders going bankrupt etc. Some of these property buying issues are in our control and some are not.
State government in Hyderabad recently made it mandatory for all construction projects to get its building plans and layouts sanctioned before they apply for property registration. According to the new law a builder is not permitted to sell apartments or plots in Hyderabad to people without taking all the mandatory approvals from the civic authorities. If the developer sells a property without building approvals it would be illegal and the revenue department is not permitted to register the property.
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The earnings Section in Hyderabad which will take treatment with the registrations and stamp duty in the beginning resisted The thought as they could foresee a dip inside their income from property registrations in Hyderabad housing . The condition government experienced sent the proposal to the profits department past yr to make civic approvals obligatory for all tasks right before registering. Even so the current incident of setting up collapse at Nanakramguda which killed eleven men and women in December 2016 triggered the risks of unlawful constructing structures. Put up the incident the municipal administration department chose to amend its laws and make house registrations in Hyderabad more durable.
It is necessary to acquire robust guidelines which govern the quality of properties built inside our cities. This was not a standalone setting up collapse incident within our state. Few years back again in 2014 an under development building collapsed at Moulivakkam inside the suburb of Chennai killing sixty one individuals.
For that point out federal government the choice was not quick, they were being contemplating linking residence registrations with building sanction strategies and structure putarine srbija approvals given that rather some time now. This was Significantly required to suppress illegal constructions in the town. Quite a few builders were marketing illegally manufactured properties to consumers devoid of taking necessary approvals through the authorities. This experienced turn into a significant problem as at the time these Qualities have been marketed the authorities could do minimal and attempts to demolish this sort of structures triggered protests from the residents.
Getting in these Attributes is not only illegal but is additionally not Risk-free as the development could possibly be of poor high quality and authorities authorities Have a very appropriate Put kroz srbiju to demolish the making Anytime. Hyderabad isn't the only town which faces The difficulty of builders advertising illegally constructed homes to purchasers, but all the main metropolitan areas n India confront this problem. Other state governments should also make stringent legal guidelines to restrict this sort of tasks. On a person hand it is actually governments’ responsibility to shield potential buyers from these types of fraudant dwelling shopping for, but Conversely It is usually our obligation not to get in these kinds of assignments.