Audits in highrises held up as 'builders to deposit funds'
Real Estate

Audits in highrises held up as 'builders to deposit funds'

Delays in the structural audits of high-rise residential societies have been attributed to developers' failure to provide the necessary funds for plan execution. In addition to the financial shortfall, developers have not shared crucial building plans required to conduct these structural assessments. To address these issues, a recent meeting was convened by Additional Deputy Commissioner Hitesh Meena, bringing together the District Town Planner (DTP), structural audit agencies, and developer representatives to assess the progress of the audit process.

During the meeting, Meena directed the District Town Planner to issue a final warning to developers, urging them to cooperate promptly. He made it clear that if they fail to do so, appropriate actions will be taken against them. The discussion also encompassed the ongoing valuation of interior work in towers G and H, as well as the status of refunds for affected flat owners in Chintels Paradiso, located in Sector 109.

Manish Yadav, District Town Planner (Enforcement), informed the Additional Deputy Commissioner that a majority of developers have yet to deposit the necessary funds required for the testing phase of structural audits for 15 societies in the second stage of the first phase.

In summary, delays in structural audits due to inadequate funds and withheld building plans have prompted authorities to issue a final warning to developers, emphasizing the need for cooperation. The meeting also addressed related issues and established a course of action for future proceedings.

Delays in the structural audits of high-rise residential societies have been attributed to developers' failure to provide the necessary funds for plan execution. In addition to the financial shortfall, developers have not shared crucial building plans required to conduct these structural assessments. To address these issues, a recent meeting was convened by Additional Deputy Commissioner Hitesh Meena, bringing together the District Town Planner (DTP), structural audit agencies, and developer representatives to assess the progress of the audit process. During the meeting, Meena directed the District Town Planner to issue a final warning to developers, urging them to cooperate promptly. He made it clear that if they fail to do so, appropriate actions will be taken against them. The discussion also encompassed the ongoing valuation of interior work in towers G and H, as well as the status of refunds for affected flat owners in Chintels Paradiso, located in Sector 109. Manish Yadav, District Town Planner (Enforcement), informed the Additional Deputy Commissioner that a majority of developers have yet to deposit the necessary funds required for the testing phase of structural audits for 15 societies in the second stage of the first phase. In summary, delays in structural audits due to inadequate funds and withheld building plans have prompted authorities to issue a final warning to developers, emphasizing the need for cooperation. The meeting also addressed related issues and established a course of action for future proceedings.

Related Stories

Gold Stories

Next Story
Equipment

JCB Hydromax Sets Hydrogen Land Speed Record at 406.320 mph

British engineering major JCB has set a new world land speed record with its hydrogen-powered JCB Hydromax, achieving an average speed of 406.320 mph at the Bonneville Salt Flats in the US.The 32-foot, twin-engined vehicle recorded 400.623 mph on its first run and 412.135 mph on the return run. The two speeds produced the record average of 406.320 mph, making it the fastest hydrogen internal combustion vehicle to have travelled on land, according to JCB.Wing Commander Andy Green OBE drove the Hydromax during the record attempt. Under FIA regulations, the vehicle completed two runs in opposite ..

Next Story
Infrastructure Urban

Hindalco Baphlimali Mine Secures ASI Certification

Hindalco Industries has announced that Utkal Alumina International Limited’s Baphlimali Bauxite Mine in Rayagada district, Odisha, has achieved Aluminium Stewardship Initiative (ASI) Performance Standard V3.1 certification.With this achievement, Baphlimali has become the first bauxite mining operation in India to secure ASI Performance Standard V3.1 certification.The certification covers planning, mining, onsite crushing and conveyor transportation of bauxite from the mine, which has an annual production capacity of 8.5 million tonnes. The mine supplies bauxite to Utkal Alumina’s refinery ..

Next Story
Infrastructure Urban

Hindustan Zinc Builds Young Leadership Pipeline

Hindustan Zinc is strengthening its next-generation leadership pipeline, with 10% of the company’s leaders now under the age of 35.The company said more than 62% of its workforce is under 35, while its gender diversity ratio stands at 26.3%. Young professionals are taking on roles across mining, manufacturing, technology, sustainability and business leadership.Over the past two fiscal years, Hindustan Zinc has hired nearly 700 young professionals. This includes 335 campus recruits in FY26 through its VLDP, GET, PGET and MT programmes from leading institutions across India.Amarendu Prakash, C..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement