Gurugram: Builders can't collect upkeep fee in affordable housing projects
Fri, Feb 2, 2024 9:03 AM

Gurugram: Builders can't collect upkeep fee in affordable housing projects

A Flip by Avya Verma
Get it on Google Play
The town and country planning department (DTCP) has clarified that under the Affordable Group Housing Policy, developers are responsible for providing free maintenance services and upkeep of common areas, lifts, and sewage treatment plants. The developer can charge allottees for power, water, and garbage collection, and any repairs done after taking possession of the flat.

More great flips

Buy Ipca Laboratories; target of Rs 1765: Sharekhan

Buy Ipca Laboratories; target of Rs 1765: Sharekhan

Sharekhan's research report on Ipca Laboratories: Quarterly revenues reached Rs. 2,355 crore, marking a 16% y-o-y increase and a 13% rise from the previous quarter. Profit after tax (PAT) came in strong at Rs. 245 crore, up 39% as compared to last year and 23%, sequentially. EBITDA stood at Rs. 441 crore, reflecting a 22% y-o-y growth and a 12% increase sequentially.

Open Flip
Bonus shares 2024: These multibagger stocks to trade ex-bonus this month

Bonus shares 2024: These multibagger stocks to trade ex-bonus this month

Shakti Pumps and Raghav Productivity Enhancers shares are set to trade ex-bonus this month, attracting investor attention after announcing bonus issues. Shakti Pumps will issue 5:1 bonus shares, while Raghav Productivity Enhancers will issue 1:1 bonus shares, with record dates set for November 25 and 29, respectively.

Open Flip
Hold Devyani International; target of Rs 180: Sharekhan

Hold Devyani International; target of Rs 180: Sharekhan

Sharekhan's research report on Devyani International: Quarterly revenues reached Rs. 2,355 crore, marking a 16% y-o-y increase and a 13% rise from the previous quarter. Profit after tax (PAT) came in strong at Rs. 245 crore, up 39% as compared to last year and 23%, sequentially. EBITDA stood at Rs. 441 crore, reflecting a 22% y-o-y growth and a 12% increase sequentially.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon