Pune Housing Project Beneficiaries Must Complete Lease and Registration Formalities
Pune Housing Project Beneficiaries Required to Complete Lease and Registration Process
Pune Real EstatePcmcPunePmrdaHousing ProjectsReal EstateAug 09, 2024
The housing projects were financed by the Housing & Urban Development Corporation Limited (HUDCO) through the Pimpri Chinchwad New Town Development Authority (PCNTDA), which has since been merged with the PMRDA. However, some beneficiaries have yet to complete the necessary formalities.
Beneficiaries were required to pay instalments for their flats within the prescribed period and subsequently register the lease. Despite this, some beneficiaries failed to make the payments on time and have not signed the lease. As a result, these beneficiaries are expected to contact the PMRDA’s Land and Estate Department to complete the lease and deed process.
The PMRDA has surveyed the properties of these beneficiaries, issued notices, and directed them to finalize the lease. The concerned parties are urged to complete the lease process within the specified period. Actions will be proposed against those who fail to comply.
Additionally, if any flatholders have transferred their flats to others, they must complete the transfer process. PMRDA Commissioner Dr Yogesh Mhase has appealed to the concerned parties to address this issue promptly and complete the lease and registration process.
The PMRDA has taken this initiative to ensure that all beneficiaries comply with the necessary formalities and avoid any future complications. The authority is committed to providing assistance to the beneficiaries in completing the lease and registration process.
The PMRDA has also warned that failure to comply with the lease and registration process may result in legal action. Therefore, it is essential for the beneficiaries to take immediate action and complete the necessary formalities.
The PMRDA has also announced that it will provide assistance to the beneficiaries in completing the lease and registration process. The authority has set up a dedicated team to help the beneficiaries in resolving any issues related to the lease and registration process.
In conclusion, the PMRDA has appealed to the beneficiaries of housing projects in Pimpri Chinchwad to complete the lease and registration process at the earliest. The authority is committed to providing assistance to the beneficiaries in completing the necessary formalities.
Frequently Asked Questions
What is the issue with the housing project beneficiaries in Pimpri Chinchwad?
The beneficiaries have yet to complete the lease and registration process for their flats.
What is the consequence of not completing the lease and registration process?
Actions will be proposed against those who fail to comply, and failure to comply may result in legal action.
What assistance will the PMRDA provide to the beneficiaries?
The PMRDA will provide assistance to the beneficiaries in completing the lease and registration process and has set up a dedicated team to help resolve any issues.
What is the deadline for completing the lease and registration process?
The concerned parties are urged to complete the lease process within the specified period.
What is the contact point for beneficiaries who need to complete the lease and registration process?
Beneficiaries can contact the PMRDA’s Land and Estate Department to complete the lease and deed process.
Related News Articles
Deadly Dispute: Real Estate Feud Claims Two Lives in Telangana
A suspected real estate dispute turned deadly in Telangana, leaving two men murdered in Kadtal.
Government to Revise Capital Gains Formula for Real Estate Investors
The government has announced a proposal to modify the capital gains tax formula for real estate investors, providing an option to choose between a 12.5% tax rate without indexation or a 20% rate with indexation for properties acquired before July 23, 2024
Great News for Punekars: International Flights to Resume Soon with Pune Airport Runway Extension
Union Minister of State for Civil Aviation Murlidhar Mohol has announced that the Obstacles Limitation Surface (OLS) survey for the Pune International Airport runway extension has received a positive response, paving the way for international flights.
Badal Saboo's Triumphant Return to Pune: Fashion and Real Estate Wizardry on Display
Pune (Maharashtra) [India], October 10: Fashion royalty reigns supreme once again as Badal Saboo makes a grand return to Pune. His multifaceted career in fashion and real estate continues to inspire and innovate. This year, the Pune Fashion Week and Face
Shiv Sena Secures Housing Ministry in Maharashtra's Cabinet Reshuffle
In the upcoming cabinet expansion in Maharashtra, the BJP is expected to hand over the housing ministry to the Shiv Sena, while retaining key portfolios such as home and finance.
Pune's Waterborne GBS Outbreak: 166 Cases, 5 Deaths, and the Importance of Clean Water
Pune's recent outbreak of Guillain-Barré Syndrome (GBS), caused by contaminated water from the Khadakwasla area, highlights the dangers of ignoring infrastructure for real estate profits.