Anamika is a research-oriented writer with experience in writing blogs on home decor and real estate industry. Simply put, she knows the trend and expectations of today’s industry. She is an avid reader, wishes to travel the world, and loves to cook her favorite recipes when not writing.
New Delhi: A parliamentary standing committee in India has raised concerns over the government’s over-emphasis on one vertical of the PM Awas Yojna (Urban) scheme, which provides financial assistance to people for constructing pucca houses on their land, over two other verticals of In-Situ Slum Redevelopment (ISSR) and Affordable Housing in Partnership (AHP).
The committee, headed by JD(U) MP Rajiv Ranjan Singh, observed that the majority of urban homeless are also landless, and purchasing a piece of land in an urban area is more challenging than constructing a house on it.
According to details provided by the housing and urban affairs ministry to the panel, nearly 60% of the houses sanctioned under the PMAY (Urban) are under the BLC vertical, followed by Construction Linked Subsidy Scheme (20%), and the share of the ISSR is barely 3%. The report mentioned that the ministry had informed the panel that there was no particular emphasis on any vertical and that all four verticals of the scheme were open to the states, UTs, and beneficiaries to choose from based on their suitability.
However, during an evidence session, the ministry representatives said that “the states also find it more convenient to give houses in smaller cities and to people who have their own land. This is why we have seen BLC vertical growing up.”
Taking note of the ministry’s statement that it had not conducted any independent urban housing need assessment study for the flagship scheme, the panel said that this being a demand-driven scheme, there are chances that some homeless people who did not fulfill the eligibility conditions for the scheme or due to other impediments like a maximum contribution from individuals, a requirement of land could not avail of the benefit.
The committee has recommended that the ministry conduct an impact assessment study of the scheme to find out the ground realities, its benefits, gaps, and shortcomings. The ministry may thereafter explore the feasibility of either extending the existing scheme with modifications based on an impact assessment study or formulating another such scheme to benefit the urban poor at large so as to achieve the Government of India’s objective of Housing for All. The committee believes that conducting such an assessment is crucial in ensuring that the scheme achieves its objectives of providing affordable housing to all urban homeless, reducing the number of urban homeless, and alleviating the housing crisis in urban areas.
Paintings improve a home’s aesthetics. The Vastu Shastra states that certain paintings draw good energy when placed in the right position. According to the ancient Vastu principles, artwork featuring horses has a lot of significance. Galloping horses in particular stand for power, achievement, peace, and forward movement. Consequently, hanging a seven-horse painting or a similar piece in one’s home or place of business is a great way to draw good fortune into one’s life.
According to Vastu Shastra, the south wall of a home or office is the ideal location to hang a painting of seven horses.
Vastu significance of seven horse painting
The Vastu Shastra considers horses to be one of the more auspicious animals. They stand for steadiness, bravery, strength, power, and allegiance. It is thought that hanging seven horse paintings will improve many aspects of one’s life. Running horses also represent growth and speed in life. Furthermore, the number seven is considered auspicious. According to Vastu Shastra, adding a painting of seven horses in the appropriate direction will encourage one’s efforts and produce favorable results.
The owner of a growing company or someone who intends to launch a new venture should hang this lucky painting in their office. Placing a seven-horse painting in the home’s Vastu-compliant direction can produce the desired outcomes for those seeking financial stability or career advancement.
This auspicious painting aids in removing negative energies, making it the ideal choice for home decor and attracting positivity into one’s life and career.
Seven-horse painting Vastu placement
It is crucial to better understand the impact and effect of placing seven-horse paintings in one’s home. The south wall of the house or office is considered the best direction for hanging a seven-horse painting. Keeping the painting in this location will be advantageous because this direction is linked to fame and success.
Alternatively, you can place the painting in the east or north direction if it is not possible to hang it in the south. The north direction represents wealth and success. A painting of seven horses placed on the north wall will bring good fortune to the family. The east direction stands for growth. So, placing a painting on the east wall will aid in career growth.
Placing a seven-horse painting in bedroom
There are a few dos and don’ts when it comes to Vastu Shastra principles that we must keep in mind when arranging various decorative items in the home. The rules also apply to the lucky seven horses because we want the painting to be successful.
According to Vastu Shastra, it is not advisable to hang the seven-horse painting in the study room, on the main door, in the temple or puja room, or on any walls that face the bathroom. The dining room and living room can both accommodate the seven horses’ picture.
Ideal place for seven-horse paintings at home
The living room is the ideal place to hang the auspicious painting of seven galloping horses. Always hang it from a wall facing the Vastu-recommended direction. Avoid placing the painting near the main entrance or window.
Avoid hanging the seven-horse painting in the bedroom, study, pooja room, or above the front door. Keep the seven horses painting away from restrooms and toilets.
Ideal place for seven-horse painting in office
Seven running horse paintings are thought to be auspicious and attract good fortune when placed in a workplace or commercial space. Keep this painting on the south wall of the office if you want to succeed and progress in the business. According to Vastu Shastra, the south represents fame and success. Alternatively, hang the painting on the east wall if this direction is not available.
Vastu suggests that the paintings of seven horses can be placed in the reception area. However, there are some Vastu principles that should be considered when hanging the seven-horse painting in an office or other commercial space. Ensure that the painting is facing the interior of the office.
Vastu tips for seven horses painting
The horses in the picture should be depicted as running without any obstacles in a straight line or in symmetry when the seven running horses are positioned in the Vastu-recommended direction. Instead of running on water, they ought to be shown running over open terrain.
The picture of seven-horse is ideal as it shows an odd number of horses.
According to Vastu, it is not advised to choose a single image or painting of a horse.
Make sure the painting doesn’t show an incomplete picture of the horses.
According to the Vastu, wall or the background for the seven-horse painting infuse positivity in the home. Therefore, it is crucial to make sure it is clean and does not appear dull.
The seven running horses Vastu painting must leave a good impression and be pleasing and inspiring to look at. Avoid placing any painting that does not bring positivity.
A painting of seven horses with a red background is associated with the influence of Mars planet. It will help to boost one’s self-esteem.
Seven blue horses represent the planet Saturn and will bring harmony and peace.
Make sure the painting is proportional to the size of the room. Avoid choosing a small painting for a big, spacious house.
Consider using a sturdy, Vastu-friendly material like canvas or wood for the horse picture frame or painting. Avoid using paper for the horse painting or wallpaper.
Vastu significance for seven-horse painting based on colors
7 horse painting colour
Significance
Grey
Grey color is associated with the planets Rahu, and Ketu.
White
The white color represents the Moon and also signified peace.
Orange
Orange is the color of the sun.
Blue
Blue represents Saturn and invites harmony.
Seven-horse painting with sunrise
Paintings of seven horses with a rising sun in the background are considered auspicious.
According to folklore, the seven-horse painting can bring prosperity and success into a person’s life. It is important to keep in mind the Vastu Shastra guidelines when placing this painting in a home or office.
Seven-horse painting with moon
Additionally, there are paintings of galloping horses with the moon in the background. According to Vastu, the auspicious seven-horse image represents harmony, advancement, and success.
Seven-horse near sea painting
A painting of seven horses galloping near the seashore is another option. This will infuse the home with positive energy and speed up your work. The seven-horse image can be hung in your home or place of business for beneficial effects.
Seven running horses painting in Feng Shui
The horse is regarded as an auspicious animal in Feng Shui and is said to represent strength, loyalty, growth, and speed. Horses represent the fire element, which is connected to fame, inspiration, and passion, and are also associated with yang energy. You can attract positive energy by displaying a horse painting in your living room.
A running horse painting is a common piece of home décor because it have significant cultural significance.
According to Feng shui, a horse’s distinctive action has a special significance.
Speed is represented by horses in motion, such as those depicted in some lucky seven horses paintings. A horse on four feet, on the other hand, represents strength and powerful energy.
You can choose a painting of seven galloping horses. Another option is to hang a painting of two horses. According to Feng Shui, a pair of horses represents two unique partners who have a close relationship.
The white seven-horse painting is very popular. White represents the metal element. Having this seven-horse wallpaper or painting on your wall will bring you wealth.
Vastu tips for placing seven white horses painting
According to mythologies from various cultures around the world, white horses have a special significance. They stand for purity, luck, happiness, and innocence. Since it is believed to bring good fortune, many people keep a painting of seven white running horses in their home or office. Horses were used as a form of transportation in the past. It also features a clear depiction of the Goddess Venus.
DLF Limited, one of India’s largest real estate developers, has announced that it has achieved a record pre-launch sales figure of INR 8,000 Crores for its luxury residences located in Gurugram. The development, known as ‘The Camellias’, is situated in the prime location of Golf Course Road and offers luxury apartments and penthouses with modern amenities and world-class facilities.
The company’s Managing Director, Mr. Aakash Ohri, stated that the response to the project had been overwhelming, and the sales figures are a testament to the trust and confidence that buyers have placed in DLF. The project has garnered interest from both domestic and international buyers, indicating the growing demand for luxury homes in the country.
DLF has a proven track record of delivering high-quality projects, and ‘The Camellias’ is no exception. The development boasts luxurious living spaces, breathtaking views, and state-of-the-art facilities such as a spa, gym, and swimming pool. The project is also in close proximity to premium retail and dining destinations, making it an ideal location for those seeking a luxurious and convenient lifestyle.
The real estate market in India has seen a surge in demand for luxury homes, particularly in the wake of the pandemic, as people seek more spacious and comfortable living spaces. DLF’s success in achieving such a significant sales figure is a testament to its commitment to delivering top-quality projects that cater to the evolving needs and preferences of its buyers.
In conclusion, DLF’s record pre-launch sales figures for ‘The Camellias’ are a reflection of the growing demand for luxury homes in India and the trust and confidence that buyers have in the company’s ability to deliver exceptional living spaces.
GURUGRAM: The Department of Town and Country Planning (DTCP) has organized three teams to inspect the buildings for which Gurgaon’s self-certification policy resulted in occupation certificates being issued by architects.
According to announcements made on Thursday. Within three days, they must check the validity of at least 10% of all granted OCs and submit a report.
Under the state’s self-certification program, DTCP had given architects the authority to grant OCs to specific residential houses in licensed colonies in November last year. Since the program’s implementation, 170 OCs have been granted by architects in Gurgaon.
According to a Thursday order from district town planner Rajesh Kaushik, “three ATPs and JEs have been directed to check the sites in licensed colonies across the city where OCs have been issued from February 15 till date.” This was done in accordance with the standard procedure regarding the issuance of occupation certificates under the self-certification scheme.
The DLF-1 and DLF-2, South City-1 and -2, Sushant Lok-1, Malibu Towne, and Rosewood locations will be checked by the first team, led by ATP Jogender Singh, along with two JEs. The second team, led by ATP Kuldeep Singh, will examine the occupation certificates in Sushant Lok-2 and -3, DLF-3, Greenwood City, Palam Vihar, Sun City, and Mayfield Garden. The third team, led by ATP Hitesh Hooda, will examine OCs for properties in DLF-4 and -5, Vipul World, Uppal Southend, Vatika India Next, sectors 106 to 109, Farrukhnagar, and Sohna.
A property’s occupation certificate can be issued under the program by any architect who is registered with the Council of Architecture (CoA) after reviewing the necessary paperwork. A physical copy of the application and supporting documents must be delivered to DTCP for record within three days of the OC being issued.
The district town planners must inspect at least 10% of the OCs issued in the region to ensure that they are not issued fraudulently. The DTP has the authority to issue a show-cause notice, blacklist the architect, and/or revoke the certificate in the event that any violations are discovered or construction on the building granted an OC is discovered to be incomplete. Additionally, the department may advise the registration authority to not register any floors or buildings connected to the offending architect.
According to the latest Ormax list, Kiara Advani has made impressive strides in her career and is now ranked third in terms of popularity among Bollywood actresses.
She has surpassed big names like Katrina Kaif and Shraddha Kapoor, and her success is well-deserved. However, Alia Bhatt still holds the number one spot as the most beloved actress on the list.
Deepika Padukone comes in at second place, but even she has been surpassed by the popularity of Alia Bhatt. Deepika is currently in the United States to attend the 2023 Oscars as one of the presenters.
Shraddha Kapoor, who has made a comeback after the super success of Tu Jhoothi Main Makkar, ranks sixth on the list.
Kriti Sanon has also made a mark by surpassing Shraddha Kapoor and gaining the fifth rank. Being an outsider in the industry, Kriti has done exceptionally well.
Katrina Kaif is in the fourth position, surpassing big names like Kareena Kapoor Khan and Aishwarya Rai Bachchan.
Kareena Kapoor Khan is in the seventh position on the list, but she remains a perfect example of how to balance personal and professional lives gracefully.
NEW DELHI: According to the NCLT’s order, a five-member monitoring committee has been established to oversee the execution of Suraksha Group’s resolution plan to purchase indebted Jaypee Infratech. More than 20,000 stranded homebuyers were relieved on March 7 when the National Company Law Tribunal (NCLT) approved Suraksha group’s bid to acquire Jaypee Infratech Ltd.
Jaypee Infratech Ltd (JIL) stated in a regulatory filing that “an ‘Implementation and Monitoring Committee’ has been formed in accordance with the approved resolution plan” in compliance with the NCLT’s order.
Anuj Jain, a Jaypee Infratech Interim Resolution Professional (IRP), is one of the IMC’s (Implementation and Monitoring Committee) members.
Aalok Dave, managing director and chief executive officer of Suraksha ARC, is a member of the IMC. Additionally, Suresh Kumar Bansal has been included in the panel by Suraksha Realty.
In addition to being a member of the IMC, Kuldeep Kumar represents homebuyers in the Committee of Creditors (CoC).
Sanjay Kumar Sipani has been appointed to the IMC on behalf of assenting lenders.
Last week, the NCLT directed that an interim resolution professional (IRP) form a monitoring committee within seven days and take all necessary steps to expedite the resolution plan’s implementation.
“On a daily basis, the monitoring committee would supervise and monitor the progress of unit construction and related infrastructure development, and file a monthly report before this Adjudicating Authority (NCLT),” the NCLT bench stated.
JIL’s corporate insolvency resolution process (CIRP) was launched in August 2017 following an application by an IDBI Bank-led consortium.
The Suraksha group received 98.66 percent of the votes cast in the fourth round of the bidding process to find a buyer for JIL in 2021.
According to the resolution plan, Suraksha Group will invest Rs 250 crore in Jaypee Infratech and also set up a Rs 3,000 crore loan for the completion of roughly 20,000 apartments in a number of stalled projects over the following four years.
According to a Maharashtra Real Estate Regulatory Authority (MahaRERA) investigation, 1,781 projects broke the law by connecting their bank accounts to multiple projects.
It is required by the Real Estate (Regulation & Development) Act of 2016 that the project have a single bank account with a single registration number. This aims to complete registered housing projects correctly and without diverting any money.
The regulator has already sent show-cause notices to 45 of these projects in response to these irregularities, and it is currently sending notices to the remaining projects.
The regulator has made modifications to its systems in order to prevent the occurrence of such irregularities in the future. Any attempt to link a project’s designated account with its bank account will be rejected by the updated system.
In addition, the developer will not be able to modify the mutual account under the new system. In accordance with a recent MahaRERA order, prior approvals are now required for this change.
MahaRERA, the real estate industry’s regulatory body, has started taking these steps to increase financial discipline and transparency in the industry, protect homebuyers’ investments and interests, and boost the sector’s credibility.
The developer is required by the Real Estate Act to keep just one bank account with just one RERA registration number. The money received for the specific project must be kept in this account and used solely for its tasks. It is not permitted to be used for any other project or purpose because doing so could harm the project.
Additionally, the developer is required to keep 70% of the funds received from the project’s registration in this account. The developer is not permitted to make arbitrary withdrawals from this account.
Prefabricated buildings, which are frequently constructed off-site, have become extremely popular in recent years. There are some drawbacks to prefabricated building formats, despite the advancement of technology, decreased pollution, and lower cost of construction.
Prefabricated construction, which began in Europe after World War II, has recently become a common trend in many parts of the world and is rapidly catching up in India. The construction of a prefabricated or prefab building involves assembling of various components produced in a factory at the development site. For example, steel frames for buildings, panels made of wood, cement, gypsum, and other materials for walls and floors, ceilings, as well as manufactured doors, windows, and ventilators, are some of the raw materials used most frequently in prefabricated buildings.
Modular homes come in segmented parts and save time, money, and energy compared to traditional homes, where a team of workers must spend months building the structure. But before making a choice, experts advise weighing the advantages and disadvantages.
Advantages of prefabricated buildings
Saves construction time
The ability to build a project more quickly than with traditional methods is one of prefab’s biggest advantages. Assembling and connecting the parts are the only tasks left to be completed on the construction site because all the parts have already been partially built.
“The entire process takes 6-8 weeks based on the internal and external specifications,” says Sumit Agrawal, Architect and Interior Designer. For example, if your home plans are straightforward without any intricate engineering or custom details, it might take 4-6 weeks, whereas the assembling process only takes 2-3 weeks.
Cost-effective
Prefab homes are comparatively more affordable as traditional construction costs rise. It uses inexpensive building supplies like plasterboard, floor tiles, and terrace block. Many developers have begun using prefab materials in their buildings because of the low cost. The outer structure is constructed using traditional methods. But internal division and expansion are accomplished with prefab.
Minimizes ecological pressure
The largest contributor to environmental pollution worldwide is the construction industry. The high rate of construction activity, combined with a poor choice of raw materials, significantly contributes to the environmental threat. The primary building material, burnt brick, is the primary source of air pollution and greenhouse gas (GHG) emissions.
The production of 170 billion bricks annually uses about 24 million tonnes of coal and emits 61.3 million tonnes of CO2, according to the TERI Report, Green Growth and Building Sector in India, 2015. Cement and steel are also two important materials that increase GHG emissions.
In contrast, modular homes made without cement and bricks are more environmentally friendly. Aside from that, there is noise pollution because the building components are created off-site.
Disadvantages of prefabricated buildings
Lengthier planning process
The planning process is typically lengthy, even though the construction and assembling of the prefab property may not take much time. It takes a lot of time and effort to find the land, choose the contractor, and prepare the site.
Quality problems
Prefab structures are infamous for not offering the same level of quality as traditional structures. These methods only offer a small number of customization and service options. According to Shivakshi Gogia, CEO of Ascent Group, “Building designs have restrictions on dramatic aesthetic changes, and costs increase greatly when building sites are located more than 500 miles from the factory.
Threat of damage
Prefab structures are transported from the factory site to the construction site, and there is always a risk of damage during transit, according to architect and interior designer Sumit Agrawal. In addition, the cost may increase depending on how far the modules must travel.
Inefficient assembling
When installing the modules, pay attention to detail. Any assembling error may result in leaks, void spaces, or joint problems. Therefore, precise assembly is essential. To prevent issues in the future, proper consideration should be given to the measurements and placing of large prefabricated buildings.
For purchasers with a clear plan of what they want within a confined timeline and a specific price range, prefab homes are ideal. Anyone considering a self-build should be sure they are fully aware of all their options and when each option is best. Prefab homes are not right for everyone or every site.
Although offering various advantages over traditional residences, you are still responsible for the construction of such homes. Conduct thorough research and consult with the manufacturer to make sure that quality requirements are being met and there are no inconsistencies.
This December, Vijay completed 30 years in the film industry. Throughout his career, he has experienced both highs and lows. The 18-year-old Varisu star made his debut in a major role in Naalaiya Theerpu, which his father both produced and directed. The rest is history, as they say!
The superstar’s adoring following is constantly on the lookout for a glimpse of their idol. Thalapathy has a dedicated fanbase, and media reports and social media posts about fans gathering at the celebrity’s house for a photo with him are nothing new. Undoubtedly, Joseph Vijay is a passionate, extraordinarily talented, and loving superstar who frequently grabs attention.
Let’s look at the lavish real estate purchases made by actor Vijay and how he likes to spend his free time with his loved ones and fans.
Vijay’s Luxury House in Neelankarai, Chennai:
Actor Vijay’s residence is located on Casuarina Drive Street in Neelankarai, Chennai. It belongs to the poshest neighborhoods in Chennai. The residence of actor Vijay is a well-known landmark in the area, surrounded by lush landscaping and exterior design cues.
The actor’s house stands out visibly as you turn into the road and is decorated in a daring color scheme. The house has a large porch area that is precisely enclosed by a stone boundary wall at the front door. The entrance door of the prefabricated gazebo-like structure extends into the main entrance area, visually expanding the space.
The entrance gate stands tall, with a few small patches of greenery and plants lining the boundary wall. Despite the plants’ visual mismatch with the boundary wall, the composition looks attractive. From the main entrance, one can see the large, lavish bungalow owned by the Indian actor, which serves as an example of minimal contemporary architecture.
Actor Vijay’s house has a modern exterior with clean white walls and patterned cladding to fill in any gaps. In order to create contrast, the house’s elevation uses lateral louvers and a sizable pavilion structure.
According to a well-known anecdote, he has traveled to the United States for his shoots on numerous occasions. On one of these excursions, he was able to see Tom Cruise’s well-known beach house. After admiring the design and architecture of Tom Cruise’s home, he was inspired to build his own home in a similar manner.
The luxurious living space in Joseph Vijay’s beachfront mansion is a wonderful fusion of elegance, beauty, and luxury. The residence of Joseph Vijay is the perfect example of contemporary architecture, down to the use of subtle yet alluring colors and the sleek exterior and lush landscaping. Let’s examine this seaside house more closely and explore its various features.
Actor Vijay’s House Price
In addition to being in a neighborhood full of celebrities, actor Vijay’s House has good access to the rest of the city. The pristine and serene Neelankarai Beach, Chennai’s hidden gem, is not far from the actor’s abode.
Additionally, Neelankarai has a number of upscale cafes and fine dining establishments, highlighting its status as a wealthy residential area. The residence of actor Joseph Vijay is conveniently located near several well-known restaurants, including Namma Veedu Vasanta Bhavan, East Coast at Madras Square, and Meraki Cafe.
Given the simplicity of access offered by Neelankarai, it makes sense to assume that actor Vijay’s home will be expensive. Joseph Vijay spent INR 70 crore on his home.
Inside Vijay’s House
The house expertly blends the beauty of nature with modern sensibilities while being surrounded by lush vegetation. With its modern entrance gate, brown perimeter wall, substantial structure, and pearly-white front, his property stands out as it rises over Casuarina Drive Street. The design of actor Vijay’s home reflects his assertive personality, intellectual curiosity, and humble attitude. With its plain yet fashionable pearly-white hues and use of crystal-clear glass outside, his home is a lovely contrast of modernism, old-world elegance, opulence, and simplicity.
Joseph Vijay’s house in Chennai’s metropolis is truly a haven with all the comforts one could want. The garden has ample space to engage in activities like gardening or playing with his children.
Beautifully Landscaped Garden
The home of actor Joseph Vijay features a gorgeous, lush garden that is ideal for relaxing in the middle of nature. Joseph Vijay’s garden actually provides him with the peace and quiet he needs away from the bustle of Chennai. Additionally, a cobblestone pathway next to the garden offers some space for cars to enter and exit the property. The actor often share his picture gardening and longing in his garden.
Stylish look with Old World Charm
The home of actor Joseph Vijay has a classic appeal despite its stylish appearance. A beautiful contrast is made between the ivory sofa and the dark wood paneling in the living room, which has an Indian flair. Joseph enjoys time with his family, friends, and loved ones in this cozy setting, where they talk and laugh for hours.
Stunning Porch of Vijay’s House
There is a stunning porch area with access to the garden. The porch area is shaded by swaying trees, which offers relief from the oppressive heat. In addition, it is covered from the top, allowing Vijay to enjoy a rainy day without worrying about getting wet.
Terrace of Vijay’s House
Glass outdoors give modern place-like look to the exterior similar to Tom Cruise’s beach house
Vijay and his family can relax with a piping hot coffee on the outdoor patio, which has glass bannisters and overlooks Neelankarai’s lush surroundings.
Other houses of Vijay
Joseph Vijay is married to Sangeetha Sornalingam, a lovely Sri Lankan Tamil woman, and has invested in real estate there. 15 years ago, he invested millions of rupees in a house in Sri Lanka.
In 2020, there was a rumor that some Sri Lankan investors and developers wanted to seize Joseph Vijay’s land. Joseph Vijay’s team released a statement denying the allegations in order to put an end to the rumors.
AHMEDABAD: For the past month and a half, two of the required three members of the Gujarat Real Estate Regulatory Authority (GujRERA) have not been appointed. As a result, no new projects have been assigned RERA registration numbers.
Over 250 complaints are currently pending with the authority, in addition to the 150 new project files that are awaiting approval, according to sources within the body.
Developers are demanding that the state government appoint the RERA chairman and two members, even on an in-charge basis, in order to continue the regular functioning of the authority.
According to sources, the position of GujRERA chairman has been vacant since November 2022, when Amarjit Singh retired. After that, D P Joshi, another RERA member, also retired, so the authority currently has only one member. As per the regulations, projects can only be approved by the chairman and the other two RERA members.
Tejas Joshi, president of CREDAI Ahmedabad, stated, “Since mid-January, no new project has been given a RERA registration number because the authority does not have the full committee. We demand that the project approval process be started as soon as possible.”
According to sources, 150 projects have finished all required procedures but are still waiting on registration numbers, preventing them from accepting reservations. This could potentially have serious financial implications for such developers.
