BDA asks co op body to honour its promise
BDA has threatened action against state-owned Odisha Co-operative Housing Corporation (OCHC) for allegedly not providing free open space to residents of a housing project
Nov 24, 2014
Source : The Times of India

 

BHUBANESWAR: Bhubaneswar Development Authority (BDA) has threatened action against state-owned Odisha Co-operative Housing Corporation (OCHC) for allegedly not providing free open space to residents of a housing project developed by it according to its commitment.

BDA planning member Pitabasa Sahoo on November 21 directed the corporation to provide the earmarked space within 15 days or face action under the Orissa Development Authorities Act, 1982. OCHC is an autonomous society under the administrative control of the co-operation department.

OCHC had developed the Indira Gandhi Cooperative Housing Colony plotted scheme at Lingipur in 1987. As per the plan approved by BDA, OCHC was supposed to keep three major open spaces, including a park on the south-east, open space on the west and school/playground in the middle.

The corporation revised the layout plan in 1994 reducing the open space in the middle and sold these as plots. The revised plan was also approved by BDA. Residents of the colony moved the State Consumer Redressal Commission challenging the revision. The commission allowed the change but asked the corporation not to reduce the open space further. However, OCHC is yet to girft the space to the local panchayat authorities as per norms

OCHC managing director Patanjali Tripathy defended the corporation's action. "The committed space continued to remain free. The corporation is not using it for any other purpose. I don't know why the residents have a problem," he said.

 

Latest Realty News

KCR: High-rises won’t violate green norms
Nov 24, 2014
HYDERABAD: Chief minister K Chandrasekhar Rao announced that the multi-storeyed buildings would be constructed on 40 locations spread over an area of 100 acres around the lake
Deputy CM strikes a dissenting note on land pooling
Nov 24, 2014
HYDERABAD: In a major embarrassment to Andhra Pradesh chief minister N Chandrababu Naidu, deputy chief minister K E Krishnamurthy raised objections to the land pooling policy for the new capital
CM moots new cluster policy, 20L city homes
Nov 24, 2014
MUMBAI: CM Devendra Fadnavis considers housing a top priority and wants to create 20 lakh new homes in MMR over five years
Housing societies wracked by graft, mismanagement
Nov 24, 2014
MUMBAI: Around 90% of nearly 70,000 housing societies in the Mumbai metro region have not submitted annual returns
Real Estate Bill Won't 'Strangulate Pvt Investment': Venkaiah Naidu
Nov 24, 2014
NEW DELHI: Union Minister Venkaiah Naidu assured that the proposed Real Estate Bill will not "strangulate private investment"
Realty firms line up affordable projects in Gurgaon
Nov 24, 2014
New Delhi: Gurgaon, known for its luxury and premium properties, is fast emerging as a hub for homes that cost Rs 10-20 lakh
Commercial realty business surges as companies line up expansion plans
Nov 24, 2014
NEW DELHI: After displaying reluctance for several quarters, corporates are starting to finalise their expansion plans, pushing office space absorption in the top seven Indian cities
Property market flourishes along Bypass Road as prices soar in Indore
Nov 24, 2014
Indore: The real estate market along the Bypass Road in Indore is gradually picking up due to demand from end users
SBI provides home loan
Nov 24, 2014
GUWAHATI: The Assam Real Estate & Infrastructure Development Association (AREIDA) in association with State Bank of India (SBI, is organising a home loan fair
Vizag realty prices soar on promised projects
Nov 24, 2014
Visakhapatnam: Prices around Visakhapatnam have increased 30-80 per cent over the last few weeks

Latest Realty News Of State

Realty Talk's