oppn parties Regulatory Rot Responsible For Structural Flaws And Building Collapses

News Snippets

  • Allahabad HC said that the UP Police is acting as law unto themselves as they detained a person unlawfully even before his arrest
  • Kolkata witnesses traffic snarls on the first day of the Durga Puja festival as revellers start pnadal-hopping
  • Neha Bora was subsequently released and Dipke is to appear before a magistrate today at noon
  • Delhi Police detained Cockroach Janta Party founder Abhijeet Dipke, Neha Bora of AISA, student leaders and supporters ahead of a rally in Connaught Place demanding Chief Election Commissioner Gyanesh Kumar's resignation. The protest followed the detention and jailing of two CJP leaders earlier in the week over demonstrations at Jantar Mantar
  • The Reserve Bank of India is considering further monetary tightening to counter capital outflows and increase the cost of betting against the rupee, according to bankers and analysts cited by Reuters. The measures follow recent rate increases and steps to drain liquidity as pressure on the currency and inflation concerns persist
  • India directed oil marketing companies to stop diverting sugar-based feedstocks for ethanol production in the 2026–27 supply year, according to a new tender issued on Friday. The companies have invited bids for 11 billion litres of ethanol made from alternatives including corn and broken rice, amid concerns about domestic sugar supplies and prices
  • Finance Minister Nirmala Sitharaman said India's trade imbalance with China was growing sharply and attributed the problem partly to restrictions on Indian goods and services entering the Chinese market. China subsequently said it was ready to work with India to address mutual economic and trade concerns; India's trade deficit with China reached $69 billion in the first half of FY2026–27, up 27% year-on-year
  • Indian equity benchmarks extended their recovery on Friday, with the Sensex rising 413.66 points to close at 74,729.27 and the Nifty 50 gaining 148.80 points to settle at 23,146.15. Information technology shares, including Tech Mahindra, Infosys and TCS, helped lift the indices
  • India defeated Zimbabwe by four wickets in the opening women's T20 International in Raipur, taking a 1–0 lead in the three-match series. Deepti Sharma and Niki Prasad combined in an 82-run stand after India's top order collapsed, helping the hosts chase down Zimbabwe's total of 114 for five
  • Indian wrestler Komal won bronze in the women's 59 kg category at the Under-23 World Wrestling Championships in Las Vegas, defeating Kazakhstan's Viktoriia Khusainova 7–2. Fellow Indian Amruta Pujari advanced to the women's 72 kg final after recording two pinfall victories
  • Indian shuttler Jagsher Singh Khangurra secured a bronze medal at the BWF World Junior Badminton Championships in Cairo
  • The Supreme Court of India upheld the Bombay High Court's decision quashing the 2020 write-off of ₹8,415 crore in additional tier-1 bonds issued by Yes Bank (Yes Bank). The court ruled that the bank's administrator lacked the authority to extinguish the bonds under the final reconstruction scheme, strengthening bondholders' claims
  • The Supreme Court issued notices to the Election Commission of India, Delhi Police and opposition leaders, including Rahul Gandhi and Akhilesh Yadav, in separate petitions concerning electoral-roll revision and protests held in Delhi on October 10–12. The court also directed the preservation of CCTV footage linked to allegations of police excesses
  • The Supreme Court ruled that a person converting from Hinduism to Islam cannot automatically claim backward-class reservation benefits in the new religious community solely on the basis of their previous caste status. The judgment upheld the Madras High Court's decision striking down a 2024 Tamil Nadu government order that permitted such certification for specified communities
  • The Election Commission of India ordered a Special Summary Revision of electoral rolls in 14 states and three Union Territories, using January 1, 2027, as the qualifying date for voter eligibility. The draft rolls are scheduled for publication on November 12, claims and objections will be accepted until December 11, and the final rolls are due on January 4, 2027
Delhi HC refuses to ban CJP's Tiranga rally at Central Park in Connaught Place today /////// Police says will control and regulate it /////// NDMC closes the park for the public on Friday and Saturday
oppn parties
Regulatory Rot Responsible For Structural Flaws And Building Collapses

By Our Editorial Team
First publised on 2022-02-22 15:55:32

About the Author

Sunil Garodia The India Commentary view

The real estate market in NCR is in shambles. Shoddy construction, unsold inventory in ghost-like towers and disappearing promoters are giving the sector a bad name, especially in Gurugram, Noida and Greater Noida. Close on the heels of the problems of cracks in the NBCC Green View complex of 786 flats in 12 14-storey towers in Gurugram which led to the company asking residents to vacate the premises comes the news of a cave-in at the multi-storeyed Chintels Paradiso complex in the same city. Four more towers in the complex have been declared unfit for living by the town and country planner of the district. This proves that in addition to the problems home buyers face in getting possession of their homes despite making upfront payments and/or monthly installments (if taken on loan, which is how most homes are bought now), they have now got to be worried about how long the buildings will last.

NBCC has promised to refund the entire sum homebuyers had paid to it, with interest. But is that enough? As residents have pointed out, they have suffered immense hardships and mental stress staying in the shoddily constructed project. They also said that since 2011, when they booked their flats, prices in the locality have more than doubled. They have demanded that the NBCC should pay them an amount which will enable them to buy a similar house at current prices. In Chintels case, FIRs have been filed against the directors of the real estate company, the structural engineers and the architects and a SIT is already investigating the case. But starting criminal prosecution, although the correct legal way, brings little solace to those who have lost their homes and their life's saving. Although RERA has done away with the many discrepancies in the real estate business, it has very little to offer to people who suffer in this way.

The problem is mainly due to greed and corruption - greed on part of the builders who wish to make more out of a project than it is feasible by cutting corners, using sub-standard building materials and not adhering to the right concrete mix which makes structures weak; and corruption on part of the municipal authorities who either grant sanction to projects despite everything not being in place or turn a blind eye to deviations and structural flaws by taking their 'cut'. This has now become a pan-India problem and has to be fixed in a comprehensive manner.