Building Redevelopment: Gaps in Legal Framework & Constitutional Validity
All the Laws & Rules mentioned in this article can be downloaded here: http://tinyurl.com/Real-Estate-Laws-Rules-etc 18 July 2011: Lakhs of redeveloped apartments have been completed in the last 15 years, and millions of people are living in new houses with shiny new flooring and fancy bathroom fixtures. So it is widely felt that all the stakeholders are satisfied, and therefore, it is reactionary to argue against redevelopment. Is this true? Is the Indian public really satisfied? There are the untold stories of lakhs of victims in the story of India Shining – but who wants to listen? The victims of hundreds of unethical redevelopment projects are stranded without viable legal remedies. There is much anger in flat owners – both before and after redevelopment. But their housing societies, the government, courts of law and the influential building industry are stifling their cries. Building redevelopment is a market-driven frenzy fuelled by greed and ignoran...