Haryana RERA Directs NBCC to Pay Rs 30,000 Monthly to Green View Buyers

16 Dec 2024 CW Team

The order issued by the HRERA court stated that the respondents must pay the specified compensation within one month of the order, or they would be liable to pay the amount along with an interest rate of 10.5 percent per annum until the payment was realised.

When contacted by TOI, NBCC officials refrained from commenting on the matter. Earlier in the year, the district administration had refused to grant NBCC permission to demolish the society, citing ongoing legal disputes and pending compensation claims, especially from Economically Weaker Section (EWS) allottees. These EWS flat owners had approached the Delhi High Court, challenging the demolition and alleging that NBCC had failed to settle their compensation claims.

At a Samadhan camp organised by the district administration, EWS allottees reiterated their concerns regarding unresolved compensation and requested clarification on their claims. The district town planning enforcement (DTPE) informed NBCC that further demolition proceedings could only proceed with permission from the Delhi High Court. The DTPE also recommended that the deputy commissioner issue guidelines to allow EWS allottees to register their flats and secure their claims against NBCC.

In its defense, NBCC emphasized the structural risks posed by the seven towers and sought immediate approval for demolition. The developer referred to a 2022 order from the district magistrate and DDMA, which highlighted the potential risks to life and property.

The Haryana Real Estate Regulatory Authority (HRERA) directed the National Buildings Construction Corporation (NBCC) to pay a rent of Rs 30,000 to the allottees of the Green View Society in Sector 37D. This decision followed complaints from two allottees, Saurabh Mehta and Jai Prakash Mehta, who had approached the regulatory body after structural audits by IIT-Roorkee and the Central Building Research Institute (CBRI) deemed the Green View Society project unsafe for living. As a result, the residents were instructed to vacate their flats by March 2022. The order issued by the HRERA court stated that the respondents must pay the specified compensation within one month of the order, or they would be liable to pay the amount along with an interest rate of 10.5 percent per annum until the payment was realised. When contacted by TOI, NBCC officials refrained from commenting on the matter. Earlier in the year, the district administration had refused to grant NBCC permission to demolish the society, citing ongoing legal disputes and pending compensation claims, especially from Economically Weaker Section (EWS) allottees. These EWS flat owners had approached the Delhi High Court, challenging the demolition and alleging that NBCC had failed to settle their compensation claims. At a Samadhan camp organised by the district administration, EWS allottees reiterated their concerns regarding unresolved compensation and requested clarification on their claims. The district town planning enforcement (DTPE) informed NBCC that further demolition proceedings could only proceed with permission from the Delhi High Court. The DTPE also recommended that the deputy commissioner issue guidelines to allow EWS allottees to register their flats and secure their claims against NBCC. In its defense, NBCC emphasized the structural risks posed by the seven towers and sought immediate approval for demolition. The developer referred to a 2022 order from the district magistrate and DDMA, which highlighted the potential risks to life and property.

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

Infrastructure Urban

11 May 2026

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Infrastructure Urban

11 May 2026

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..