Delhi HC approves demolition of Signature View Apartments | Oberoi Realty to develop 81.05 acres land in Alibaug
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Upholding Municipal Corporation of Delhi's decision to declare Signature View Apartments "dangerous and not fit for habitation", Delhi High Court on Monday cleared the way for its demolition by Delhi Development Authority and gave three months for the remaining residents to vacate it.
Over 4,000 homebuyers are likely to be affected as the pollution control board has recommended construction of four residential projects be stopped immediately as the builders have not obtained mandatory environmental clearances.
Oberoi Realty has executed an agreement for development of land admeasuring approximately 81.05 acres (3,28,010 sq meters), situated at village Tekali, Alibaug.
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Realty developers Prestige Group, RC Group and Valor Estate are in advanced talks to undertake one of the largest cluster redevelopment projects of public housing colonies in Mumbai, said people aware of the development.
The department of town and country planning (DTCP) has launched a crackdown on illegal commercial activities operating in residential properties in DLF Phase 3.
Bangalore Development Authority (BDA) has decided to develop six residential layouts with 50,000 sites along the proposed Peripheral Ring Road (PRR)-2 that seeks to link Hosur Road to Bengaluru-Mysuru Road, passing through Bannerghatta and Kanakapura roads.
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