Allahabad HC Grants Zero Period Waiver for Sunshine Trade Tower
Real Estate

Allahabad HC Grants Zero Period Waiver for Sunshine Trade Tower

The Allahabad High Court has granted a zero period waiver for the Sunshine Trade Tower project due to delays caused by incomplete road infrastructure. This waiver allows the project developers to extend the deadline without facing penalties, providing crucial relief as they address the ongoing construction issues.

Sunshine Trade Tower, a significant commercial development in Allahabad, faced delays primarily because the associated road infrastructure was not ready as initially promised. The developers had sought this waiver to avoid financial penalties and additional complications arising from the delay.

The court's decision underscores the challenges faced by real estate developers when external factors, such as infrastructure readiness, impact project timelines. By allowing the waiver, the court acknowledged the constraints beyond the developers control and provided a pragmatic solution to avoid unjust financial burdens.

This ruling is expected to influence similar cases where developers encounter unforeseen delays linked to municipal or infrastructural shortcomings. It highlights the need for better coordination between developers and local authorities to ensure that essential infrastructure is completed in tandem with construction projects.

The decision also reflects a growing trend towards judicial leniency in cases where developers face genuine difficulties due to factors outside their immediate control. This approach aims to balance the interests of developers with the need for timely project completion and regulatory compliance.

As the Sunshine Trade Tower project progresses, this waiver could provide the necessary breathing space to address remaining challenges and ensure successful project completion.

The Allahabad High Court has granted a zero period waiver for the Sunshine Trade Tower project due to delays caused by incomplete road infrastructure. This waiver allows the project developers to extend the deadline without facing penalties, providing crucial relief as they address the ongoing construction issues. Sunshine Trade Tower, a significant commercial development in Allahabad, faced delays primarily because the associated road infrastructure was not ready as initially promised. The developers had sought this waiver to avoid financial penalties and additional complications arising from the delay. The court's decision underscores the challenges faced by real estate developers when external factors, such as infrastructure readiness, impact project timelines. By allowing the waiver, the court acknowledged the constraints beyond the developers control and provided a pragmatic solution to avoid unjust financial burdens. This ruling is expected to influence similar cases where developers encounter unforeseen delays linked to municipal or infrastructural shortcomings. It highlights the need for better coordination between developers and local authorities to ensure that essential infrastructure is completed in tandem with construction projects. The decision also reflects a growing trend towards judicial leniency in cases where developers face genuine difficulties due to factors outside their immediate control. This approach aims to balance the interests of developers with the need for timely project completion and regulatory compliance. As the Sunshine Trade Tower project progresses, this waiver could provide the necessary breathing space to address remaining challenges and ensure successful project completion.

Next Story
Equipment

Handling concrete better

Efficiently handling the transportation and placement of concrete is essential to help maintain the quality of construction, meet project timelines by minimising downtimes, and reduce costs – by 5 to 15 per cent, according to Sandeep Jain, Director, Arkade Developers. CW explores what the efficient handling of concrete entails.Select wellFirst, a word on choosing the right equipment, such as a mixer with a capacity aligned to the volume required onsite, from Vaibhav Kulkarni, Concrete Expert. “An overly large mixer will increase the idle time (and cost), while one that ..

Next Story
Real Estate

Elevated floors!

Raised access flooring, also called false flooring, is a less common interiors feature than false ceilings, but it has as many uses – if not more.A raised floor is a modular panel installed above the structural floor. The space beneath the raised flooring is typically used to accommodate utilities such as electrical cables, plumbing and HVAC systems. And so, raised flooring is usually associated with buildings with heavy cabling and precise air distribution needs, such as data centres.That said, CW interacted with designers and architects and discovered that false flooring can come in handy ..

Next Story
Infrastructure Urban

The Variation Challenge

A variation or change in scope clause is defined in construction contracts to take care of situations arising from change in the defined scope of work. Such changes may arise due to factors such as additions or deletions in the scope of work, modifications in the type, grade or specifications of materials, alterations in specifications or drawings, and acts or omissions of other contractors. Further, ineffective planning, inadequate investigations or surveys and requests from the employer or those within the project’s area of influence can contribute to changes in the scope of work. Ext..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?