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VISAKHA VISION 2016 April-May, Issue- 1 6 Vol- Vol-
pg 20 VISAKHAPATNAM TOP TIER-2 CITY
pg 28 SINGLE WINDOW SYSTEM FOR APPROVALS
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EDITORIAL
Dear Readers greetings to you all, Let me start with some words of wise men: The Richest Wealth Is Wisdom The Strongest Weapon Is Patience The Best Security Is Faith The Greatest Tonic Is Laughter K. S. CHANDRAN And All These Are Free ! BULLETIN EDITOR
We are starting afresh after a tough summer marked by is manufactured sand. This alternative provides the bright sun shine. scope for use of technology. It is affordable and saves money and time. I would like to mention the enactment 2015-16 looks to be an year of achievements and ”Real Estate Regulatory Authority Bill that would apprehensions. To achieve the set goal, constant have a profound impact on real estate sector. It was a persuasion and dedication are essential. Credai has development that will spearhead the real estate industry followed these principles to achieve its goals. The live towards transparency, accountability and sustainability. example is supply of sand for construction industry. In Let us be in the right track of growth. Our responsibility this aspect, the relentless work done by Credai team lies in joining hands with the Government and the to achieve the goal is admirable. The apprehension support the system. was whether we can achieve that? But CREDAI-VSP had achieved the goal. The prolonged and pestering problem of availability of river sand also stressed the need for finding an alternative product. The alternative K. S. Chandran Bulletin Editor
CREDAI VISAKHAPATNAM (Regd. No : 231of 2010) EDITORIAL BOARD K.S. Chandran, LAYOUT & DESIGN ideafirst, #9-18-1, 1st Floor, Vinayagar Enclave, CBM Compound, Siripuram, Visakhapatnam, Ph: +91 891 2508150., PRINTED AT Sathyam Offset Imprints, Brindavan, #49-28-5, Madhuranagar, Visakhapatnam., PUBLISHED BY CREDAI VISAKHAPATNAM, #9-6-43, Flat No-2, Ground Floor, MVV Bhavan, Sivaji Park Road, Sivaji Palem, Visakhapatnam-530017, Ph: 0891-2739612, Mob: 98488 54448, 99120 54448 Email : [email protected], [email protected]. Website: www.credaivisakhapatnam.org
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CREDAI VISAKHA VISION APRIL-MAY' 2016 05 CHAIRMAN Chairman’s Message
Dear Members, at the outset please accept my hearty greetings,
wish to start this message by making mention of provisions of the RERA Act. ‘This Act makes customer the some recent developments with which CREDAI-VSP King’. This is how the Government and the media described I is concerned and which would have an impact on our the provisions in the Act. This is as it should be because, activities as realtors. The most important development ultimately it is the customers’ satisfaction which should that would have an ever lasting impact on our construction be the buzz word for any realtor. Let us take the provisions activity is the enactment of Real Estate Regulation Act- in the Act as opportunities and ensure quality product- 2016. Its actual implementation is yet to start since, -his dream house-- to the customer. The actual taste of some follow up steps, like establishment of Competent pudding is in its eating, that is the adage, and it is only as Authorities at the State level are yet to be completed. But it and when we implement the provisions of the Act that we is a matter of time before its implementation starts and all may encounter some problems. (A detailed report, throwing real estate activities would have to be followed as per the light on various expressions and phrases used in the RERA
06 CREDAI VISAKHA VISION APRIL-MAY' 2016 OFFICE BEARERS
Chairman Sri K. Rama Krishna Rao 9848037477 is provided in the Bulletin that is in that CREDAI-VSP will always be in the [email protected] your hands and I request you to go forefront in respect CSR activities. President through the articles and have a better Sri G.V.V.S. Narayana 9848130272 understanding of the provisions in Taking shelter under the adage ‘better [email protected] the Act). On behalf of CREDAI-VSP, I late than never’, I wish to mention Vice-Presidents assure you all help in overcoming any two important and memorable Sri P. Koteswara Rao 9908600005 difficulties that you may encounter events organised by CREDAI-VSP in [email protected] while implementing the provisions in the month of December 2015. The Sri P Rama krishna the Act. first was the Annual Family Picnic 9848414051 [email protected] for which there was overwhelming Hon. Secretary Two important events viz the response. Participants had enjoyed Sri B. Srinivasa Rao Partnership Summit and the the lovely ambience where the 9553356666 International Fleet Review that picnic was conducted and the [email protected] Joint Secretaries were organised here recently had umpteen skits for entertaining all Sri Ch. Govinda Raju greatly boosted the image of the the participants. The second was the 9848521789 ‘City of Destiny’ which is also being Property Show. These shows were [email protected] developed as a ‘Smart City”. This used to be the exclusive domains of Sri K.V.R. Raju (Ramesh) 9550633399 has opened up new vistas for many metros. But we proved that we could [email protected] entrepreneurs including persons also conduct such Property Shows Sri N. Sivaji in real estate sector. There is ever and conduct them in a better way. 9848197643 growing demand for houses from Property Show and CSR activities [email protected] Treasurer all sections in the society and it had greatly boosted the image of Sri K.S.R.K. Raju (Sai) is for us to take advantage of this the CREDAI-VSP. This could not 9848185679 demand and ensure quality product have been possible without the [email protected] and timely delivery. I may mention unflinching cooperation of CREDAI- Committee Members Sri A Shivanand here that Visakhapatnam is among VSP President, Sri G.V.V.S. Narayana, 9963322000 the top Tier 11 five cities in the Vice President and Property Show, [email protected] country in demand for houses. Convener, Sri P. Koteswara Rao, Co- Sri E. Ashok Kumar 9133188807 Vizag stood at No.3. Convener, Sri E. Ashok Kumar, Hon [email protected] Secretary Sri B. Srinivasa Rao and Sri N Srinivas Rao As is our tradition, we had Treasurer Sri K.S.R.K. Raju. 9246635839 [email protected] successfully conducted elections Sri D. Siva Govindam in the month of March and the new CREDAI-VSP could be justifiably 9866228662 Executive Body is in place. I sincerely proud of many of its achievements. [email protected] thank the Election Committee But let us not sit on the laurels Sri J. Bhoja Raju 9849841875 comprising senior members Sri. already achieved but explore new [email protected] K.S. Chandran, Sri V. Kanthi Sekhar vistas for further development and Sri N. Trinadha Rao and Sri M.V.S. Sarma, for conducting growth. In this respect I seek full 9848292848 election smoothly. I am confident cooperation from all members and [email protected] Sri C. Srinivas that CREDAI-VSP would have the on behalf of CREDAI-VSP and on my 9394218373 benefit of the experience and other own behalf I assure you all help and [email protected] skills of new members. I heartily promise that no stone would be left Sri K.Venu Gopal 9848125925 welcome them. unturned to solve your problems. [email protected] Sri V. Dharmender I would also like to state that CREDAI- I sincerely wish grand success in 9000387878 VSP had crossed some mile stones your day to day business, and peace [email protected] Sri M. Vijay Kumar in respect of CSR activities for the and happiness at your sweet homes. 9966877999 year 2015-16. It had contributed a [email protected] Bolero Van, costing about Rs.11 lakh Sri K. Nagendra to Akshaya Patra Foundation and 9666161616 [email protected] donated 3000 sft of space to the ZP V. Murali Krishna High School at Chandrampalem for K. Rama Krishna Rao 9393101811 development as model school. I assure Chairman [email protected] Immediate Past Chairman Sri B. Raja Srinivas 9849709999 [email protected] Authorised Distributors for
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CREDAI VISAKHA VISION APRIL-MAY' 2016 09 SECRETARY SECRETARY’S REPORT For the year 2015-2016
espected Members, In its initial stage, it has gained much experience by It is my pleasant duty to place my report before organizing seminars and state level builders meets Ryou all. In order to provide first hand information under the Chairmanship of Sri K. Subba Raju, and the to our members, I would like to give a brief account of our involvement of senior members like Sri Ravi Godey, Sri Association since its inception in the year 1989. K.S. Chandran, Sri G. Jagajeevan Babu, Sri G. Rama Rao, Sri P. Ananda Kumar, Sri N.V.S. Murthy and Sri M.V.S. Sharma. In the year 1989, with a small group of 20 members, an It is not out of place to mention that in its initial stage, it Association was formed and registered in the name has gained much experience by conducting meetings on and style: APARTMENT BUILDERS ASSOCIATION. Rtn B. various issues along with VCCI, Andhra University, IIA Prabhat Kumar--a pioneer in development of flat living (VSP CENTRE), BAI (VSP Centre) under the Chairmanship culture in the City of Destiny-- was its Founder/Chapter of Sri K. Ramabrahmam. Chairman. His team included Sri K. Rambrahmam - Vice Chairman, Sri Ravi Godey - Secretary, Anandkumar, Joint Our association is closely associated with other Secretary and Charted Accountant Sri Y. Apparao, as associations like Indian Institute of Architects, Vizag Treasurer. Centre BAI, CII, VCCI, Institution of Valuers and APREDA for mutual advantage. The Apartment Builders Association had served its Member Builders in Visakhapatnam in a very professional An in-house magazine, “VISAKHA VISION” under the manner, duly following all relevant rules and regulations. able guidance and Editorship of Sri K.S. Chandran was
10 CREDAI VISAKHA VISION APRIL-MAY' 2016 launched in 2001 with the aim of giving full information The Demand Draft has been handed over to the then Hon’ble to members regarding changes in building rules, Chief Minister Sri K. Rosayya. implementation, technical information and details about new products, as also to publish articles on construction, engineering and techniques, structural and architectural. This in-house journal “ CREDAI Visakha Vision” the brain child of late Sri B.R. Raju, is now being circulated to all officers concerned in the Govt., all chapters of CREDAI in the state and CREDAI National besides distributing to all members uninterruptedly.
Our Association did not lag behind in meeting the social responsibilities to the society under CSR activity. A few to name are:
Having realized that by joining hands with CREDAI National, our Association will have wider scope for our activities and have an opportunity to represent our problems at National Forum , it has been decided to join the national network of CREDAI National and to rename the Apartment Builders Association by registering the same as CREDAI VISAKHAPATNAM Chapter. Accordingly, CREDAI VISAKHAPATNAM Chapter has been registered with Registrar of Associations, Visakhapatnam on 21.04.2010 with the Registered No.231 of 2010.
Achievements : I would like to mention here that our association played a key role in the release of Master Plans, Building Rules & Regulations, in the form of GO MS.Nos.301, 302, 501, 502, 71, 72, 73, 423,678 for the benefit of builders in general and the city of destiny in particular . The last one, viz GO Ms.No.168, dt.7.4.12 is in force now.
Also the efforts of our Association during the years 2006- 2008, had resulted in solving major problems like getting power connection and introduction of B.P.S.
With a view to spreading our activities to the national During the flood havoc in the year 1990, an elementary level and representing our problems at the national fora school building was totally washed away in , it was decided to join national network of CREDAI, and Seethanagaram village Anakapalli and our Association accordingly, the name of Apartment Builders Association Constructed a new building in its place; A Bunker for was changed and registered as ‘CREDAI Visakhapatnam Cobalt Therapy unit for KGH’s Cancer Wing was donated by our Association; Contributed to PM’s Relief Fund during Earthquake disaster at Latur in the state of Maharashtra; In 1996, Association contributed to the CM’s Relief Fund to relieve the sufferings of flood victims;
Check posts were constructed for Government on Beach Road & National Highway to prevent the Sea Sand trading; Instituted an Award to the Meritorious students of Architecture in memory of Late Sri B.R. Raju, named “Sri B.R. Raju” Memorial Award in the year 2007 and being presented every year; Our Association has donated Rs.10.00 Lakhs to the Chief Minister’s Relief Fund to support the flood victims.
CREDAI VISAKHA VISION APRIL-MAY' 2016 11 Chapter’ on 21.04 2010. With the Registered No. 231 of 2010. other important activities conducted at the office premises include, Google Workshop, Skill Development A grand function was organized to mark this historic Training Programme and CREDAI Youth meetings were event. The “CREDAI VSP Chapter” was inaugurated by the conducted in the office premises. then Chairman of VUDA, sri. B. Sridhar, IAS, and President, CREDAI National, Sri. Santosh Kumar Rungtha, released A team of 35 members from Vizag chapter had inaugural edition of the Bulletin. It was a memorable participated in the 14th NATCON at Jakarta; event in the annals of CREDAI-VSP Chapter in which past Chairman, Sri M.V.V. Satyanarayana and the team of Relentlessly followed the issues of VLT, House Tax, Impact CREDAI VSP Chapter played an important role. fees etc;
Our relations with CREDAI National are very cordial ever Presented a cheque of Rs. 25 lakh to the Chief Minister for since its inception in the year 2010. A good number of our Hudhud Cyclone Relief fund; Association members participated in NATCON (National Convention of All India Builders) organized by CREDAI National at Mascow, China-Macau, Mumbai, Delhi, Dubai, Singapore, in Spain-Barcelona, and Jakarta –Indonesia
CREDAI VISAKHAPATNAM Chapter introduced I. D. Cards during 2011-12 for its members which is an honor for a member to wear on his person. This is being continued.
Under the dynamic leadership of our immediate past chairman and EC Member Credai National Sri B. Raja Srinivas we have achieved the following major achievements: Around Rs.10 lakh was spent for purchase of tree guards, Membership had increased from 335 (2013-14) to 371 (2014-15); saplings; organized Silver Jubilee Celebrations in big way; and Property Show was organized for the first time. Own office premises: The need for owning office premises with a good Conference Hall and other facilities, on ACTIVITIES DURING THE YEAR 2015-16. the lines of corporate office premises, has been felt The New Team of office bearers for the year 2015-2016 long back. This was a dream of all members which had under the efficient leadership of Sri K. Ramakrishna Rao, materialized when CREDAI-VSP purchased half part of took charge on 1st April, 2015. 1st floor in M.V.V Bhavan, Sivajipark Road and spent more than Rs.82 lakh for furniture and developing interiors. It During the year, 12 Executive committee meetings and 11 is kept spick and span. I am very fortunate to be a part Regular Meetings were conducted including one General the great achievement. This was possible because body cum Election Meeting. of liberal contributions from our members.This is being used for a variety of purposes by the members Sand Issue: Scarcity of sand had become a burning issue and the Association. Besides conducting regular in the recent past and CREDAI-Vizag had pursued the Executive Committee meetings at the office building, issue relentlessly. The Government had announced a new sand policy to solve the problem. It had constituted a committe on the issue of sand and sought suggestions from all stake holders. CREDAI-Vizag submitted several representations to the authorities concerned, including to the, Principal Secretary, Chief Secretary on 04.02.2015 as also to the Ministers Sri Ganta Srinivasa Rao, on 28.09.2014, Ms Peethala Sujatha, on 27.09.2014, MPs and MLAs. Media conferences were held and press notes issued to highlight the issue. Highlighting the serious nature of the problem and seeking an early solution, CREDAI-Vizag had also decided to strike work, but following assurances from authorities concerned, the idea of strike was postponed. The CREDAI members had a meeting with the Chief Minister Sri N. Chandrababu Naidu
12 CREDAI VISAKHA VISION APRIL-MAY' 2016 others to regularize unauthorized constructions and deviations in the sanctioned plan. The Municipal Commissioners and Vice Chairman of Urban Development Authorities and Commissioner, Capital Region Development Authority have been mandated to regulate and penalize the buildings constructed unauthorisedly as on 31.12.2014, as one time measure. Steps had been taken to educate and enlighten members about the mentioned issues and advising them to take required steps.
Impact Fee The Government had permitted payment of Impact Fees in six equal installments. This facility would be applicable to the applicants already submitted as also future applicants. It may be mentioned here that the Government had been collecting Impact Fees for buildings with a height of 15 mts and above. The last date for payment of Impact Fee was 19th January 2012. However in response to a representation from the CREDAI-Vizag, the Government suggested that Impact Fees could be paid in six equal installments. However it had stipulated that post-dated cheques should be deposited with the authorities for the remaining installments. Further it also stipulated mortgage of an additional five percent site or 50 percent of constructed area in the first or second floor—which ever is less—for Impact Fees. Issue of occupancy certificate on the issue of sand and gave a detailed representation was made subject to compliance of rules and payment of on the issue on 20.01.2015.Again a delegation of CREDAI Impact Fees. consisting of Sri K.Subba Raju, Chairman CREDAI-AP, Sri Are Siva Reddy, President CREDAI-AP, Sri K.Ramakrishna VLT (Vacant Land Tax) Rao Chairman CREDAI-VSP and Sri P.Koteswara Rao, Vice VLT was used to be levied for different periods by President CREDAI-VSP met the Honourable Chief Minister different Municipalities resulting in problems. On and submitted a representation on the issue of sand. Initial representations from various quarters including CREDAI- decisions of Government for supply of sand at different Vizag, the Government had constituted a Committee reaches of rivers, was the result of interactions between to suggest uniformity of levying VLT. In order to have officials concerned and members of CREDAI. DWCRA uniformity and to remove discretion at the level Municipal members were entrusted with the task of managing sand Commissioners, the Government instructed officials reaches at various rivers. But this had also run into rough concerned to collect VLT only for one year at the time whether because of the unhelpful attitude of the officials of issuing building permission. I wish to mention here concerned and lack of coordination among different that representations from CREDAI-Vizag and others, had departments. There had also been reports of large scale played important role in the Government issuing orders irregularities in transportation of sand. The issue had instructing authorities concerned to collect VLT for one become more acute in districts like Visakhapatnam which year at the time of issue of building permission. This had had no river beds and necessarily go to other districts solved a long pending problem. for sand. At one time, senior members of CREDAI-Vizag including Chairman Sri K. Ramakrishna Rao met Finance Release of Mortgage Deed by Builders Minister Sri Yanamala Ramakrishnudu in Visakhapatnam Release of mortgage deed used to be a vexatious issue, and submitted a representation, detailing problems faced requiring the builders to approach GVMC officials. Builders by all stake holders and suggesting possible solutions. were made to run from pillar to post to get the mortgage And finally, the Government had decided to supply sand deed released. They had to approach the officials of the free of cost and CREDAI had played an important role in GVMC to spare their time and do the needful for release Government formulating the final decision on sand supply of mortgage deed. More often than not, it had resulted in free of cost. wasting a lot of time and energy on the part of builders. But after continuous representations by the CREDAI-Vizag BPS (Building Penalization Scheme) Chapter, detailing difficulties in dealing with officials A GOs had been issued on BPS, enabling builders and concerned, the GVMC Commissioner, had issued orders,
CREDAI VISAKHA VISION APRIL-MAY' 2016 13 enabling builders themselves to submit the mortgage release order at the Sub-Registrar office, instead of GVMC authorities. This gave great relief to the building community. This was an achievement for which CREDAI- VIZAG could take legitimate credit.
GUEST LECTURES DURING THE YEAR 2015-16 For the benefit of our members, proficient and renowned the 15th NATCON from 13 – 15th August, 2015 at Istanbul, speakers in various fields have been regularly invited Turkey and Add-on tour of some important places. to address our members for updating their knowledge in their profession for the benefit of the members in NATCON meetings which are conducted in various particular and the builder community in general. countries are very useful in getting knowledge on Real Estate Sector & Modern Technology. It would be a great Guest Lecture on Service Tax and VAT by Sri V.S. opportunity to listen to speeches of legends like Dr. Sudheer, Chartered Accountant, from M/s Hiregange Arun Shourie, former Minister of Communication and Associates, Hyderabad on 05.10.2015. Information Technology, Govt. of India on Real Estate Sector in India, held at Istanbul, Turkey. The focus at the Guest lecture on ESI coverage of construction workers meeting was on extending services to the consumers by Sri Rajivnandan Ray, Assistant Director, Ministry of and how the builders community is giving services Labour and Employment, ESI Corporation, Sub-Regional to consumer. The issues of “Swatch Bharath” & “Smart Office, Visakhapatnam on 07.09.2015. Cities” and our role in implementation of the issues were also discussed. Guest lectures by experts from reputed institutions like GITAM University on issues concerning construction 2. A 17 member team from CREDAI-Vizag attended the had been arranged for the benefit of members of the CREDAI CONCLAVE held in New Delhi from 15th to Association on 01.06.2015. 17th December, 2015, with a slogan “CLEAN INDIA- STRONG INDIA”. Guest lecture was arranged on 04.05.2015 by Project Director DRDA, Dr. V. Satya Sai Srinivas for the benefit of A feature of Conclave at New Delhi was the importance members. The Project Director had explained various given to the youth wing. This was done with a view to aspects like supply of sand from various river beds, encouraging next generation entrepreneurs in real estate payment of money etc. sector. It was a matter of pride that as many as 11 members from VIZAG Chapter had attended the youth wing. Most of MEMBERSHIP: I am to inform you that with the them had high qualifications and had studied in foreign admission of 61 new firms, the total membership during countries. The youngsters were very enthusiastic. An the year 2015-16 stood at 304 for the year 2015-16. important feature of study tour this time was visits to multi storied apartments built some ten years back and PARTICIPATION OF MEMBERS AT THE CONVENTIONS how they had been maintained to keep them spic and CONDUCTED BY THE CREDAI NATIONAL span. The tour to old apartments was meant to stress the importance of maintenance. Senior Journalist Sri 1. A team of 24 members led by Chairman Sri K. Gurucharan Das gave a graphic account of developments Ramakrishna Rao from our chapter have participated in that had been taking place in the process of urbanization
14 CREDAI VISAKHA VISION APRIL-MAY' 2016 and the role of Governments in it. The Gujarat Chief Donation of Four Model Class Rooms & Buddha Statue Minister, spoke more like Chief Executive Officer of a The Government of AP, had decided to develop model company than the Chief Minister of a state. high schools in the state and as part of the proposal, ZP High School in Madhurawada is proposed to be developed Customers Grievances as model. On a request from the Human Resources Redressal Forum: Development Minister, Sri Ganta Srinivasa Rao, CREDAI- I am happy to inform you that no grievances are pending Vizag decided to take up the proposal and had donated during the year 2015-16. four model class rooms (3,200 Sft.) & Buddha Statue to Z.P. High School, Near Chandrampalem, Madhurawada. Letter from CMD APEPDCL on installation new electrical The four model class rooms constructed by the CREDAI- metres with boxes Vizag and stand as model for others, were inaugurated by In response to the letter of CMD APEPDCL on installation the Hon’ble Chief Minister Sri N. Chandrababu Naidu at a of new electrical meters, we had sent a letter explaining grand function on 05-02-2016 our practical difficulties in the implementation of instructions regarding new electrical meters. Donation of Bolero Van to The Akshaya Patra Foundation Our chapter had contributed Rs. 11 lakhs for the purchase Special membership drive of Mahindra Bolero Van to be donated to the Akshaya A meeting was organized in Gajuwaka on 27.04.2015 Patra Foundation to distribute food to 2,500 children every to enroll new members. It evoked good response and day at a time. The vehicle was formally handed over to the similar drives were proposed to be held in other areas like Akshaya Patra Foundation by the Hon’ble Chief Minister Madhurawada etc. Sri N. Chandrababu Naidu at a function in the ZP High School premises on 05-02-2016. CREDAI LOGO Branding CREDAI Logo branding which was introduced last year with a view to boosting the Brand Image of CREDAI-Vizag Chapter, is being continued.
CORPORATE SOCIAL RESPONSIBILITES I am glad to inform that our Association has always been in the forefront in meeting its social responsibilities to the society under CSR. This has been recognized by other chapters.
The following are the major CSR activities by the CREDAI- VSP Chapter during 2015-16
Distribution of Note Books & Stationery Kits
1. Distribution of Note Books and Stationery to the students of GVMC Primary School, Madhuranagar, by Hon’ble MLA Sri P.Vishnukumar Raju, (Vizag-North), on 25th June, 2015.
2. Distribution of Note Books and Stationery to the
CREDAI VISAKHA VISION APRIL-MAY' 2016 15 Instituted an Award to the meritorious students of architecture in memory of (late) Sri B.R. Raju in the year 2007. It was named “B.R. Raju Memorial Award”. It is being presented every year. This year it was presented to Ms. Sampurna (1st year) Ms. T. Lakshmi Mounika (2nd Year) and Ms. Ananya Chada (3rd Year) received this year’s B.R.Raju Memorial Awards from the Chief Guest, Hon’ble Minister for Panchayat Raj Sri Ch. Ayyanna Patrudu at the Valedictory function of CREDAI-Vizag Property Expo 2015-16.
students of Shelter Ministries (Children Home), near Madhurawada, by Sri Paruchuri Bhaskara Rao, TDP- Bheemili Constituency In-charge, on 5th July, 2015.
3. Distribution of note books and stationery to the students of GVMC Primary School, JR Nagar, by Hon’ble MLA Sri Velagapudi Ramakrishna Babu, (Vizag-East), on 9th July, 2015.
Blood Donation Camp: We have conducted Blood Donation Camp for Nepal Earthquake Victims under CSR Activity on Sunday 24th May 2015 at 10.30am at KSR Function Plaza Seethammadhara in association with INDIAN RED CORSS SOCIETY Visakhapatnam. VUDA Vice Chairman Sri T. Baburao Naidu was the chief guest.
16 CREDAI VISAKHA VISION APRIL-MAY' 2016 and more than 1800 had turned up for the annual event. The ambience was excellent and a number of programmes YOUTH WING were arranged keeping in view the expected presence of In order to develop second generation leadership, a a large number of children and ladies. All the members youth wing has been constituted with Sri KVR Raju who attended the Family Picnic had thoroughly enjoyed as coordinator and Sri G. Karthik as convener. They the picnic and had a sigh of relief from their routine have been advised to bring youngsters, who are in the business life. Prizes were given away to winners in various construction business, into this fold by convening regular sports and games events and gifts were distributed to all meetings and bringing their ideas/suggestions to the participants. Keeping in view the way events at the annual notice of Executive committee. They deserve appreciation picnic had unfolded this year, steps would be taken to for their outstanding contribution in designing a voice organize future annual picnics in a better way. over film and become part of Silver Jubilee Celebrations held on 25thDecember, 2014. A special thanks to Mr. G. Vizag Property Expo 2015-16: Karthik in this regard. In response to a letter from CREDAI- I am happy to inform that we have successfully National, the following youth wing members of CREDAI- conducted the Vizag Property Expo 2015-16 of CREDAI Vizag chapter, were nominated to attend training classes VISAKHAPATNAM, under the Chairmanship of Sri K. on modern technologies to be organized by CREDAI- Ramakrishna Rao. National.
1. Sri K.V.R. Raju (Ramesh)- Co-ordinator.
2. Sri G. Brahmaji - Secretary.
3. Sri G. Karthik - Treasurer.
EVENTS You all aware that this year we organized very memorable events. They are
Annual Family Picnic 2015-16: A Grand family picnic was organized on 13-12-2016 at SUNRAY Village Resorts at Savaravilli near Bhogapuram. A Curtain Raiser Function, followed by Inaugural Function There was overwhelming response to the annual event and Valedictory Function were held on 06-12-2015, 25-12- 2015 and 27-12-2015 respectively. Dignitaries who graced the functions included, Sri Ganta Srinivasa Rao, Minister for HRD, Sri Muthamsetty Srinivas, MP, Sri Bandaru Satyanarayna Murthy, Sri Panchakarla Ramesh Babu, all MLAs. Sri Ganta Srinivasa Rao, Hon’ble Minister for HRD, who was the Chief Guest at the valedictory, congratulated the CREDAI,VSP Chapter, for conducting the mega Property-Expo which had ensured information of various properties like individual houses, apartments, duplex houses, farm houses and villas to common man and millionaire under one roof.
This Expo 2015-16 is first of its kind after Visakhapatnam
CREDAI VISAKHA VISION APRIL-MAY' 2016 17 was conferred the ‘Smart City’ tag. The Minister hailed My report will remain incomplete, if I fail to mention the services of CREDAI VISAKHAPATNAM through the names of F&B Committee Sri P. Ramakrishna, Vice its CSR activities which boosted its brand image. He President and Sri N. Sivaji, Joint Secretary and Sri E. has congratulated Chairman Sri K. Ramakrishna Rao, Ashok Kumar, Committee Member who have organized President Sri G.V.V.S. Narayana, Hon. Secretary Sri B. the dinner during monthly regular meetings. Srinivasa Rao and CREDAI Visakhapatnam Chapter for the grand success of Vizag Property Expo 2015-16 and It is my privilege to express my gratitude to Sri K.S. suggested it to conduct such Expos every year in the city Chandran, Sri M.V.S. Sharma, Sri V. Kanthi Sekhar who have for which he has promised all his support. readily accepted our request to be the members of election committee and conducted the elections as per schedule. I express my special thank to Sri R. Jagadeeswara Rao, Manager, who had carried out all correspondence, and our hard working office staff, Sri B. Rama Rao, accountant, who has regularly filed statutory returns and managed accounts of the Assn., and Sri K. Sattibabu, who had helped in conducting meeting successfully.
I also thank M/s. Sri Devi Associates who have been providing meeting hall for our regular meetings without any problem.
The impeccable honesty and unmatched leadership qualities of our past members, Sri K. Subba Raju, Sri K.S. Sri Ch. Ayyanna Patrudu, Hon’ble Minister for Panchayat Chandran, Sri M.V.V. Satyanarayana, Past Chairman, Sri Raj who was the chief guest at the function, has presented B. Raja Srinivas, Immediate Past Chairman, Sri V. Kanti mementos to the participants. We are thankful to all Sekhar, Past-President and Present Chairman Sri K. persons who had given their unflinching support for the Ramakrishna Rao, proved to be a fountain of inspiration grand success of the Property Expo. for me and have helped to strengthen the foundation laid by them in serving the builder community. The Financial status: Association is unblemished throughout. We are doing I am happy to inform you that despite of huge expenses our best to keep the glorious and gracious flag of our incurred by our association in connection with Silver Association fly very high. Jubilee and Vizag Property Expo-2015, our Chapter is financialy sound. Once again I am thankful to Sri K.S.R.K. Thank you one and all, Raju (Sai) Treasurer and the Executive Committee members who are instrumental in maintaining such a sound financial status.
I am sure that the members would appreciate the efforts made by me I feel it a privilege to thank all of our senior (B. Srinivasa Rao) members namely Sri K. Subba Raju, Past Chairman, Sri Hon. Secretary. K.S. Chandran, Past Chairman, Sri MVV Satyanarayana, Past Chairman, Sri B. Raja Srinivas, Past Chairman, Sri V. Kanti Sekhar, Past President, my colleagues Chairman Sri K. Rama Krishna Rao; President, Sri G.V.V.S. Narayana (Nani); Vice- Presidents: Sri P. Koteswara Rao, Sri D. Srinivasa Rao, Joint- Secretaries: Sri Ch. Govinda Raju, Sri K.V.R. Raju (Ramesh); Committee Members: Sri A. Sivanand, Sri K.S.V. Sree Rama Murthy, Sri G. Vijaya Kumar, Sri C. Srinivas, Sri N. Trinadha Rao, Sri N. Srinivasa Rao, Sri D. Siva Govindam, Sri N. Satya Dev, Sri J. Bhoja Raju, Sri M. Ramana and CREDAI Youth Wing members and all other members, who have contributed their mite in making all my plans a success.
18 CREDAI VISAKHA VISION APRIL-MAY' 2016
CITY NEWS VISAKHAPATNAM AMONG THE TOP TIER-2 FIVE CITIES FROM SOUTH INDIA.
ochi has emerged as the top Tier-II city in India India. Only one city from north India, Jaipur, stood sixth. due to increased housing demand and project The 10 parameters on the basis of which the cities have Kexecution. Regionally, southern cities are at the top been selected include price, supply, absorption, inventory, followed by western and central cities. Jaipur in the north and new launch trends. The study looked at execution is at number six. The city, along with Indore, achieved the delays and the size of the market in value terms. highest sales in the year of project launches among all Tier II cities in the country, according to the annual report The study also found that the total market size of the 19 by PropEquity on the top 19 Tier- II cities in India. Tier II cities in terms of annual sales stood at R32,600 crore, which is 20% of the total market size of 14 Tier-I Kochi, proposed to be one of the smart cities, is fast cities. Overall, the new residential supply in the top 19 becoming home to emerging software companies. Kochi Tier-II cities has fallen by an overwhelming 64% in the last has also pipped the state capital Thiruvananthapuram, two years, as against a fall of 40% in top 14 Tier I cities, in which finished at number five in the PropEquity report. the same period. Kochi bagged the top positions because of its superior connectivity, economic activity, project delivery track Residential absorption in the 19 Tier-II cities has fallen by record and low inventory, the report said. The city also saw 17% in the last two years, as against a fall of 32 % in the top the highest absorption in new launches. 14 Tier-I cities, in the same period. The Tier-II markets are clearly end- user driven, says the report. The launch prices Overall, the top six cities have achieved very close of Tier-II cites increased at an annual rate of 9% over a cumulative numbers (in the range of 12.3 to 13.6), based period of two years compared to 10% for Tier-I cities. on which rankings have been calculated. On a regional level, it is not just Kochi, which has done well from the “Kochi has done relatively well on several parameters southern region. Vishakapatnam is at number three, including absorption in new launches, construction, Thiruvananthapuram at number five, Mangalore at committed to construction completed, and CAGR of number seven, Goa at number nine and Coimbatore at absorption. These reasons helped the city get the top number ten. Kochi is followed by Nashik at number two rank in our study. Although Tier-II and Tier-III cities and Vadodara at number four, both from western region. have performed well, they too have been affected by the slowdown,” says Samir Jasuja, MD and founder of The top 10 rankings consist of six cities from south India, PropEquity said. two from west India, and one each from central and north
20 CREDAI VISAKHA VISION APRIL-MAY' 2016 Authorised Distributor: Visakhapatnam - 0891-2505601 | Madhurawada - 0891-2528790 Naidu PVC Center Gajuwaka - 0891-2752122 | Vizianagaram - 08922-231919
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Sanitaryware | Faucets SSG TILE HOUSE #50-94-30, Gurudwara Junction, Seethammapeta Main Raod, Visakhapatnam-530016 Eamil: [email protected] Ph. 0891-6469299, Mobile. 98492 41683 THE REAL ESTATE (REGULATION AND DEVELOPMENT) ACT 2016
REAL ESTATE ACT
including one or more rooms or ut of the above chapters enclosed spaces, located on one or 3. Section 2(k):- “Carpet Area”: and its various provisions, more floors or any part thereof, in means and includes-the net Othe lists of words and its a building or on a plot of land, used usable floor area of an apartment, meaning and provisions under or intended to be used for residence, excluding the area covered by Chapter-I which are applicable office, shop, showroom or godown the external walls, areas under and required to be followed by or for carrying on any business, services shafts, exclusive balcony or Promoters are as follows industry, occupation, profession verandah area and exclusive open or trade or for any other type of terrace area, but includes the area 1. Sec 2(e) “Apartment” means and it independent use ancillary to the covered by the internal partition includes- block, chamber, dwelling purpose specified. walls of the apartment. unit, flat, office, show-room, shop, godown, premises, suite, tenement, 2. Sec 2(h):- Architect: means and 4. Section 2(m) Commencement unit or by any other name, means includes: a person registered as an certificate:- issued by Competent a separate and self-contained architect under the provisions of the authority to allow or permit the part of any immovable property, Architects Act, 1972. promoter to begin development works
22 CREDAI VISAKHA VISION APRIL-MAY' 2016 and common storage spaces; 9. Section 2(w) ‘‘external development works’’ includes roads (iv) the premises for the lodging and road systems, landscaping, of persons employed for the water supply, sewerage and management of the property drainage systems, electricity supply including accommodation for watch transformer, sub-station, solid waste and ward staffs or for the lodging of management and disposal or any community service personnel; other which may have to be executed in the periphery of, or outside, a (v) installations of central services project" for its benefit, as may be such as electricity, gas, water and specified under the rules or bye-laws sanitation, air-conditioning and of the competent authority; incinerating, system for water conservation and renewable energy; 10. Section 2(zb) ‘‘internal development works’’ means roads, (vi) the water tanks, sumps, footpaths, water supply, sewers, motors, fans, compressors, ducts drains, parks, tree planting, street and all apparatus connected with lighting, provision for community installations for common use; buildings and for treatment and disposal of sewage water, social waste "(vii) all community and commercial management and disposal, water facilities as provided in the real conservation, energy management, estate project;" fire protection and fire safety requirement and social infrastructure (viii) all other portion of the property such as educational, health and other THE REA necessary or convenient for its public amenities or any other work L ESTATE in a project for its benefit, as may be (REGUL maintenance, safety, etc., and in specified under the rules or bye-laws ATION AND common use; of the competent authority. DEVELOPMENT) ACT 2016 6. Section 2(q) Completion 11. Section 2(zf) Occupancy certificate: means the completion certificates: issued by competent certificate, or "the occupation authority permitting occupation certificate or such other certificate, of any building, as provided under by whatever name called, issued by local laws which has provisions for the competent authority permitting civic infrastructure such as water, occupation of any building under any sanitation and electricity. law for the time being in force; on the immovable property as per the 12. Section 2(zk) Promoters: means sanctioned plan. 7. Section 2(u) Engineer: who and includes possesses a bachelor's degree or 5. Section 2(n) Common area: equivalent from an institution (i) a person who constructs or causes i) the entire land for the real estate recognized by the "All India Council to be constructed an independent project or where the project is of Technical Education or any building or a building consisting of developed in phases and registration university or any such institution" apartments, or converts an existing under this Act is sought for a phase, or is registered as an engineer under building or a part thereof into the entire land for that phase any law for the time being in force. apartments, for the purpose of selling all or some of the apartments to other (ii) the stair cases, lifts, staircase and 8. Section 2(v) ‘‘estimated cost of persons and includes his assignees lift lobbies, fire escapes and common real estate project’’ means the total and also includes a buyer who entrances and exits of buildings; cost involved in "developing the real purchases in bulk for resale; estate project and includes the land (iii) the common basements, terraces, cost, taxes, cess, development and (ii) a person who develops land parks, play areas, open parking areas other charges etc.;". into a project, whether or not
CREDAI VISAKHA VISION APRIL-MAY' 2016 23 he also constructs structures on "apartments or the developments of Section: 4 any of the plots, for the purpose a land or the development of land of selling to other persons all into plots or apartments, as the case For registration of real estate or some of the plots in the said may be, for the purpose of selling project the following things/ project, whether with or without all or some of the said apartments documents/information are structures thereon; or". or plots or buildings, as the case required: may be, and includes the common (iii) Any development authority or areas, the development works, A brief details of his enterprise any other public body in respect of all improvements and structures including its name, registered allottees of- thereon, and all easement, rights and address, type of enterprise appurtenances belonging. (proprietorship, societies, (a) buildings or apartments, as the partnership, companies, competent case may be, constructed by such Under Chapter-II the following authority) and the particulars of authority or body on lands owned by things are required to be followed: registration; and the names and them or placed at their disposal by photographs of the promoter the Government; or Section: 3 A brief details of the projects (b) plots owned by such authority or 1. Registration of Real Estate launched by him, in the past five body or placed at their disposal by Project is compulsory in case of years, whether already completed the Government, for the purpose of development of land/plot which or being developed as the case may selling all or some of the apartments is more than 500 sq mts or the be including the current status or plots; or number of apartments/flats of the said projects any delay in proposed to be developed are more its completion details of cases (iv) an apex State level co-operative than 8 apartments inclusive of all pending, details of types of land housing finance society and a phases and without registration and payments pending. primary co-operative housing society of same, the promoter shall not which constructs apartments or advertise, market, book, sell or An authenticated copy of the buildings for its Members or in offer for sale, or invite persons to commencement certificate from respect of the allottees of such purchase in any manner any plot, the competent authority obtained apartments or buildings; or apartment or building, as the case in accordance with the laws as may may be, in any real estate project, be applicable for the real estate (v) any other person who acts himself or part of it, in any planning are. project mentioned in the application, as a builder, colonizer, contractor, and where the project is proposed developer, estate developer or by any 2. For ongoing projects where to be developed in phases, an other name or claims to be acting as buildings are not yet competed and authenticated copy of the approval the holder of a power of attorney from completion certificate is not yet and commencement certificate the owner of the land on which the issued by competent authority, said from the competent authority for building or apartment is constructed or project also requires registration. each of such phases; "plot" is developed for sale; or 3. Where projects are completed but The sanctioned plan, layout plan (vi) such other person who constructs beyond the planning area and is in and specification of the proposed any building or apartment for sale to violation and for regularization of project or the phase thereof and the the general public. Explanation.—For same the proceedings are pending whole project as sanctioned by the the purposes of this clause, where the with local authority, the Regulatory competent authority. person who constructs or converts a Authority may direct the promoter building into apartments or develops of such project to get it registered. The plan of development works a plot for sale and the persons who to be executed in the proposed sells apartments or plots are different 4. Where projects are completed project and the proposed facilities persons, both of them shall be and occupancy certificates and to be provided thereof including deemed to be the promoters; other necessary certificates have fire fighting facilities, drinking already been issued no need for any water facilities, emergency 13. Section 2(zn): Real Estate registration of said project. evacuation services and use of Project: means the development of a renewable energy. building or a building consisting of
24 CREDAI VISAKHA VISION APRIL-JUNE' 2015 Location details of the project with a scheduled bank to cover the cost of available to the allottee, the following clear demarcation of land with constructions and the land cost and information, namely:— boundaries. shall be used only for that purpose (a) Sanctioned site and layout plans Proforma of the allotment letter, Under Chapter III main function along with specifications, approved agreement of sale and the and duties of Promoters are as by the competent authority, by conveyance deed proposed to be follows: display at the site or such other signed with the allottees; place as may be specified by the Section: 11. regulations made by the Authority; The number, type and the carpet area of apartments for sale in the (1) The promoter shall, upon (b) The stage-wise time schedule of project along with area of exclusive receiving his Login Id and password completion of the project, including balcony or verandah area and under clause (a) of sub-section (1) of the provisions for civic infrastructure the exclusive open terrace areas section 5 or under sub-section (2) of like water, sanitation and apartment with apartment if any; section 5, as the case may be, create electricity, his web page on the website of the The names and addresses of his Authority and enter all details of the (4) The promoter shall real estate agents, if any, for the proposed project as provided under proposed project; sub-section (2) of section 4, in all the (a) Be responsible to obtain a fields as provided, including — completion certificate from the The names and addresses of the relevant competent authority as contractors, architect, structural (a) Details of the registration granted per local laws or other laws for the engineer, if any, and other persons by the Authority; time being in force and to make it concerned with the development of available to the allottees individually the proposed project; (c) Quarterly up-to-date status of the or to the association of allottees, as project; the case may be; however the time A declaration, supported by an line for obtaining such permission is affidavit, which shall be signed (d) Quarterly up to date the list of not in the hand of promoter by the promoter or any person number of garages booked. authorised by the promoter, stating, (b) Be responsible for providing and (e) Quarterly up to date list of maintaining the essential services, (A) That he has a legal title to the approvals taken and the approvals on reasonable charges, till the taking land on which the development is which are pending subsequent to over of the maintenance of the project proposed along with a legally valid commencement certificate by the association of the allottees; authentication "valid documents with authentication” of such title if such (f) Quarterly up to date status of the (c) Take steps for the formation of an land is owned by another person; project and association or society or co-operative society, as the case may be, of the (B) That the land is free from all (g) Such other information and allottees, or a federation of the same, encumbrances, or as the case may be, documents under the laws applicable and in the of the encumbrances on such land absence such laws, shall be formed including any rights, title, interest (2) The advertisement or prospectus within a period of three months of the or name of any party in or over such issued or published by the promoter majority of allottees having booked land along with details; shall mention prominently the their plot or apartment or building. website address of the Authority, (C) The time period within which he wherein all details of the registered (d) Take steps for the registration of undertakes to complete the project or project have been entered and conveyance deed of the apartment, phase thereof include the registration number plot or building, as the case may be, in obtained from the Authority and such favour of allottee (D) That seventy per cent (70%) of other matters incidental thereto. the amounts realised for the real (e) Pay all outgoing (land cost, ground estate project from the allottees, from (3) The promoter, upon entering rent , municipal or other local taxes, time to time, shall be deposited in a into an agreement of sale with the charges for water and electricity, separate account to be maintained in allottee shall be responsible to make maintenance charges and other
CREDAI VISAKHA VISION APRIL-MAY' 2016 25 charges payable in respect of project), (1) The proposed project shall be allottees shall be entitled to receive until he transfers the physical developed and completed by the appropriate compensation in the possession of the real estate project promoter in accordance with the manner as provided under this Act. to the allottee or the associations of plans and structural designs and allottee which he has collected from specifications as approved by the Section 15 the allottees. competent authorities. The promoter shall not transfer (5) The promoter may cancel the (2) the promoter shall not make – or assign his majority rights and allotment only in terms of the liabilities in respect of a real estate agreement of sale: Provided that the (i) any additions and alterations in project to a third party without allottee may approach the Authority the plans, structural designs and obtaining prior written consent from for relief, if he is aggrieved by such specifications and the nature of 2/3rd allottee and without the prior cancellation and such cancellation is fixtures, fittings and amenities written approval of the authority. not in accordance with the terms of described therein in respect of the the agreement of sale, unilateral and apartment, plot or building, as the Section 16 without any sufficient cause. case may be, which are agreed to be taken, without the previous consent The promoter shall obtain all such (6) The promoter shall prepare and of that person, insurances as may be notified by the maintain all such other details as appropriate government including but may be specified, from time to time, But the promoter may make such not limited to insurance in respect of by regulations made by the Authority. minor additions or alterations as may be required by the allottee, or 1. Title of the land and building as a Section: 13 such minor changes or alterations part of the real estate project and as may be necessary due to (1) A promoter shall not accept a sum architectural and structural reasons 2. Construction of the real estate project. more than ten per cent of the cost duly recommended and verified total sale price of the apartment, plot, by an authorized Architect or 3. shall be liable to pay the premium or building, as the case may be, as an Engineer after proper declaration and charges in respect of the insurance advance payment or an application and intimation to the allottee; specified and shall pay the same fee, from a person without first before transferring the insurance to entering into a written agreement (ii) any other alterations or additions the association of the allottee and of sale with such person and register in the plans, structural designs on formation of association, all the the said agreement of sale, under and specifications of the buildings insurance documents shall be hand any law for the time being in force. or the common areas within the over to them. project without the previous written (2) The agreement of sale referred to in consent of at-least two-thirds of the Section: 17 sub-section (1) shall be in such form allottees, other than the promoter, as may be prescribed and shall specify who have agreed to take apartments 1. The promoter shall take all the particulars of development or the in such building. necessary steps to execute a project including the construction registered conveyance deed in of building and apartments, along (3) In case any structural defect or any favour of the allottee along with the with specifications and internal and other defect in workmanship, quality undivided proportionate title in the external development works, the dates or provision of services or any common areas to the association and the manner by which payments other obligations of the promoter of the allottees or the competent towards the cost of the apartment, as per the agreement of sale in such authority, including the handing plot, or building, as the case may be, development is brought to the notice over of the possession of the plot, are to be made by the allottees and the of the promoter within a period of five apartment or building, as the case likely date on which the possession years by the allotee from the date of may be, in a real estate project, of the apartment, plot, or building is handing over possession, it shall be and the other title documents to be handed over and such other the duty of the promoter to rectify pertaining thereto within specified particulars, as may be prescribed. such defect without further charge, period as provided under local laws within thirty days and in the event of promoter’s failure to rectify such Provided that, in the absence of Section: 14 defects within such time, the aggrieved any local law, conveyance deed
26 CREDAI VISAKHA VISION APRIL-MAY' 2016 in favour of the allottee or the promoter for accessing the web site Consumer courts, state commission, association of the allottees or the of the authority and to create his national commission, with the competent authority, as the case web page within 7 days from the permission of said court/commission, may be under this section shall be expiry of said 30 days case can be withdrawn and filed carried out by the promoter within before Regulatory authority. three months from date of handing The registration granted is valid for over of physical possession. the period mentioned by promoter Case/complaint has to be disposed in the application for completion of within 60 days. 2. After obtaining the completion entire project in all respect. certificate and handing over physical Section:79 possession to the allottees in terms Extension of time can be granted of sub-section (1), it shall be the on the ground of force majeure No civil court shall have jurisdiction responsibility of the promoter to hand like war, flood, drought fir, cyclone, to entertain any case against the over the necessary documents and earthquake or any other calamity subject matter of this Act. plans, including common areas, to caused by nature affecting the the association of the allottees or the regular development of the project, on Punishment/fine/imprisonment: competent authority, as the case may payment of necessary fees be, as per the local laws. Section: 59 Extension of time can also Section: 18 be granted in reasonable If a promoter contravenes the circumstances, without default on provisions of the section 3 of Act (non If the promoters fails to complete the the part of promoters, for a period registration of real estate project) project and hand over the apartment not more than one year from the then he is liable to pay penalty up plot or building, then on the option original period of completion for to 10% of estimated cost of the real of allottee to withdraw from project, project. estate project. the promoter is liable to return the amount received with interest and in Filing of cases against promoter/ If promoter does not comply the order, case not to withdraw then promoter developer before Regulatory directions and continuously violates is liable to pay interest for delay in Authority and Appellate Tribunal: the provisions, then imprisonment handing over and also compensate if upto three years or with fine up to 10% any loss caused to allottee. And any Section: 31 of estimated cost of project. claim for compensation under this section is not barred by limitation. Any aggrieved person may file a If promoters give and submit false complaint with the Regulatory information and documents for Deemed registration of Project by Authority for any violation or registration of project (section 4 Real Estate Regulatory Authority: contravention of the provisions of the of the Act), then he is liable to pay Act or rules or regulation against the penalty up to 5% of estimated cost Section: 5 promoters. the project.
From the date of receipt of Section: 43(5) If promoters violate any other application for registration with provisions, then he is liable to pay all necessary documents and Any person can file appeal against penalty up to 5% of estimated cost of information, the authority within 30 the order/direction/decisions of the project. days, shall grant registration or reject Regulatory authority before Appellate it subject to the provisions of Act and Tribunal within a period of 60 days Even if promoters fails to comply rules etc., from the date of receipt of such the order or direction of Appellate order/direction etc and if promoters Tribunal, then imprisonment up If it fails to intimate the same, then files appeal then he has to deposit to three year or with fine for every said project is deemed to have been 30% penalty imposed on him by day till such default continues registered. Regulatory Authority or such higher which may extended up to 10% of percentage as may be determined by estimated cost of project. On such registration, the authority Appellate Tribunal. shall provide a registration number and login ID and password to the Any consumer case pending in
CREDAI VISAKHA VISION APRIL-MAY' 2016 27 CONSTRUCTIONS APPROVAL
SINGLE WINDOW CLEARANCE FOR LAYOUT APPROVALS BY NEXT YEAR VENKAIAH NAIDU. Minister of Urban Development of India.
28 CREDAI VISAKHA VISION APRIL-MAY' 2016 The housing sector is in dire need of a single window system for getting building approvals
I have held four rounds of meetings and streamline things and see to it with secretaries and ministers of that ease of doing business is made environment, defence, civil supplies, simple so that we get more and more civil aviation and others,” Naidu investments in our states,” he added. said while inaugurating a national summit on Housing for All-Catalyst He also said that real estate for development and inclusive sector needs to focus on green growth, organised by The Associated building technologies and adopt Chambers of Commerce and Industry appropriate, cost-effective building of India (ASSOCHAM). materials, reduce dependence on conventional energy intensive “The last meeting is on October 14 construction practices. Conceding after that we will submit the report that employment generation is a to cabinet and then we will go ahead major challenge, the union minister because we are getting permissions said, “If you can push the real estate from these departments and by the sector, if you really give credit to the beginning of the next year, I am sure infrastructure sector and also to the you will have this in place,” said the (IT) information technology sector union minister. then Indian youth will get better employment opportunities.” On Gujarat topping the World Bank’s ranking of states on the ease of He also said that India will surpass doing business in India, Naidu said, China in economic growth. “Going “It shows that Gujarat model is by the global economic crisis, seeing working.” “Some people in the recent what is happening in China and going past started saying Gujarat model by India’s large young population and is a failure, people of Gujarat are our commitment to reforms, India is not innocent to have three times growing to grow faster than China and continuously elected the same chief there is no competition as of now with minister, Gujarat is on top now even others also.” the World Bank has also recognised it,” he added. In her address, Nandita Chatterjee, he ministry of housing and secretary, ministry of housing and urban development is likely to He said that other states should urban poverty alleviation (HUPA), Tput in place a single window also improve their performance said that real estate players should time-bound clearance system and prepare for the next round of develop an app or a system whereby for layout approvals and building assessment. “We want every state people can locate the houses permissions by the beginning of next to be progressive, Uttar Pradesh available. “Is it possible when we do year, union minister M Venkaiah and Bihar should also participate in our dissemination to try it up with Naidu has said. this race as and there is no point in some kind of an app or a system criticising the Prime Minister Modi where the people also get to know “It is a long pending demand of the and Gujarat,” he said. where is the supply located,” said industry, on national level I am Chatterjee. working with six ministers and I “I am requesting all states to please have a group of ministers’ meeting, understand the present position
CREDAI VISAKHA VISION APRIL-MAY' 2015 29 ANNUAL FAMILY PICNIC @ SUNRAY VILLAGE RESORT
SWIMMING FOR PLEASURE Separate programmes were arranged for the participants IDEAL AMBIENCE-UNBRIDLED FUN at the Annual Family Picnic. Here children are thoroughly enjoying swimming session at the Annual Family Picnic. Annual Family Picnic is an important event for which members, specially children, very eagerly look forward. Special skits are always planned for the children. There was tons of unbridled fun and frolic.
MEMORABLE AND MOMENTOUS OVERWHELMING RESPONSE MEMENT-OUS EVENT : Sri M.V.V. Satyanarayana, past There was overwhelming response to this year’s Annual Chairman of CREDAI-VSP, Presenting a memento to Sri Family Picnic held on 13.12.2015. I.A.R.Varma (Rajababu), who had provided the for the Annual Family Picnic. Seen in the picture (standing from left) are : Sri K.S.V. Sreerama Murthy, Sri N. Srinivasa Rao, EC Members, Sri K.S.R.K. Raju, Treasurer, Sri N. Trinadha Rao, EC Member, Sri G.V.V.S. Narayana, President, Sri J. Bhoja Raju, EC Member, Sri K. Ramakrishna Rao, Chairman, Sri P .Koteswara Rao Vice President, Sri B. Srinivasa Rao, Hon Secretary, Sri Ch. Govinda Raju, EC Member, Sri P. Ramakrishna, Sri D. Srinivas Vice Presidents and Sri C. Srinivas, Sri A. Sivanand and Sri E. Ashok Kumar, all EC Members.
LUCKEY DIP AND BUMPER PRIZE LUCKY WINNER OF BUMPER PRIZE AT THE PICNIC : Past Chairman Sri M.V.V.Satyanarayana (in red T shirt) and SUNRAY VILLAGE RESORTS, MD, Sri I.A.R.Varma handing over the BUMPER PRIZE at the Annual Family Picnic to the winner Sri C. Srinivas. Standing from left in the picture are Sri P. Ramakrishna, Vice President, Sri K.S.V. Sreerama Murthy, EC Member, Sri N. Srinivasa Rao EC Member, Sri K.S.R.K. Raju Treasurer, Sri G.V.V.S. Narayana, President, Sri P. Koteswara Rao, Vice President, Sri Ch. Govinda Raju, EC Member, Sri B. Srinivasa Rao, Hon Secretary, Sri N.Trinadha Rao, EC Member, Sri J.Bhoja raju EC Member, Sri D. Srinivasa LADIES SPECIAL Rao Vice President, Sri E.Ashok Kumar, , Sri A. Sivanand and Musical Chairs for the ladies is a special and they enjoyed it D. Sivagovindam, EC members. thoroughly. 30 CREDAI VISAKHA VISION APRIL-MAY' 2016 PROPERTY SHOW - A BIG HIT
RELEASING OF BROCHURE The first step towards organizing Property Show-2015- 16 : Release of Brochure by Hon’ble MLA Sri Velagapudi Ramakrishnababu at the regular meeting of the association RAISING THE CUTAIN FOR SHOW on 02.11.2015. A grand curtain raiser function was organised for the (From left to right) Vice President Sri P. Koteswara Rao, Property Show 2015-16 at a local hotel where Hon’ble MP, immediate past Chairman Sri B.Raja Srinivasa, President Sri Sri K. Haribabu was the Chief Guest. Also seen at the G.V.V.S. Narayana, Chairman Sri K. Ramakrishna Rao and function are (from left) Hon Secretary Sri B. Srinivasa Rao, Hon. Secretary Sri B. Srinivasa Rao. Chairman Sri K. Ramakrishna Rao, Vice President Sri P. Koteswara Rao, Hon’ble MP, Sri Kambhampati Haribabu, Chairman CREDAI-AP, Sri K. Subba Raju, President Sri G.V.V.S. Narayana, SBI Dy.GM, Sri Ajoy Kumar Pandit and immediate past Chairman Sri B. Raja Srinivas.
INAUGURAL OF PROPERTY SHOW
Formal Inaugural Ceremony : Hon’ble Minister (HRD) Sri Ganta Srinivasa Rao formally inaugurating Property Show 2015-16 at Visakha Function Hall, Beach Road on 25.12.2015. Standing behind the Minister is Hon’ble MLA (Gajuwaka) Sri Palla Srinivas. Chairman Sri K. Ramakrishna Rao ( in suit) HONOURING HON'BLE MINISTER and Sri Mavuri Venkataramana MD CMR Group are also seen in the picture. Memento-ous event : Hon’ble Minister for Panchayat Raj, Sri Ch. Ayyanna Patrudu receiving a memento from CREDAI- VSP, on the closing day of the Property Show on 27.12.2015. (Standing from left) Sri D. Sivagovindam, Sri E Asok Kumar, both EC members, Sri P. Koteswara Rao Vice President, Sri G.V.V.S .Narayana, President, Sri Muttamsetti ( Avanthi) Srinivas, MP, Sri Mavuri Venkata Ramana, MD,CMR Group, Sri M.V.V. Satyanarayana past Chairman, Sri K. Ramakrishna Rao Chairman, Sri B. Srinivasa Rao, Hon Secretary, Sri P. Ramakrishna, Vice President, Sri K.S.R.K. Raju Treasurer and D. Srinivasa Rao, Vice President are seen in the picture. LISTENING ATTENTIVELY A section of the crowd at the Property Show 2015-16,attentively listening to a guest delivering a lecture about the importance of the Show. CREDAI VISAKHA VISION APRIL-MAY' 2016 31 RECORDING IMPORTANT EVENTS THROUGH PHOTOS
HAPPY CM, HAPPIER CHAIRMAN GOOGLE EXPERTS ON DIGITAL SOLUTIONS ALL SMILES ! A smiling Chief Minister Sri Nara DIGITAL SOLUTIONS : CREDAI-VSP Organised a workshop Chandrababu Naidu with a smiling Chairman CREDAI- on ‘ Real Estate Media Solutions’ with experts from Google VSP as the District Collector Sri N.Yuvaraj looks on at the at its office on 11.02.2016. Here Google experts are seen with function to hand over Bolero Van to the Akshaya Patra the CREDAI-VSP office bearers and members from the Youth Foundation on 05.02.2016. Wing who are in the forefront in conducting the programme.
HONOURING THE EXPERT
WELCOMING NEW EXCUTIVE BODY Chairman, Advisory Committee, CREDAI-AP, Sri K.S. Chandran presenting a memento to Prof P.Veerabhadra CREDAI-VSP, Chairman Sri K. Ramakrishna Rao (with mike Rao, who had delivered a lecture on Precast Construction in hand) addressing members of the new General Body. He in building industry. CREDAI-VSP president, Sri G.V.V.S. was flanked by President Sri G.V.V.V.S. Narayana and Hon Narayana, Chairman Sri K .Ramakrishna Rao and Hon Secretary Sri B. Srinivasa Rao. Secretary Sri B.Srinivasa Rao, look on appreciatingly.
INDUCTION OF NEW EXCUTIVE BODY
SECTION OF GATHERING Induction of new team : Chairman CREDAI-AP, Sri K. Subba Raju, introducing new executive body after Members of the CREDAI-VSP, attentively listening to a election at the regular meeting. He was flanked by Sri speaker after the election of the new Executive Body N.V.S. Murthy and Sri Y.Narasimha Rao The new team for the year 2016-17. members were standing behind.
32 CREDAI VISAKHA VISION APRIL-MAY' 2016
TECHNOLOGY WHERE MANY OF OUR ELECTRONIC GOODS GO TO DIE
t a vast dumpsite in the west "It's an instant job," said Sam Sandu, to be conducted, so there is little data of Ghana's capital Accra, small a scrap dealer who works on the site. on the numbers of people who have Afires burn among piles of old "Today you work on it, and you can get fallen ill or even died as a result of computers, television screens and your money the same day." working with e-waste. But exposure laptops, throwing plumes of thick to these toxins are known to cause black smoke into the air. But experts warn the toxins a whole range of illnesses from present in the waste are slowing cancers to heart disease to respiratory Around them workers pick out poisoning the workers, as well as illnesses. "The consequences are motherboards, valuable metals and spreading pollution into the soil and already quite apparent," says Atiemo copper wires, burning away the atmosphere. Sampson. "We are not waiting for plastic casings as they go - filling the 10 years or 20 years, the effects air with toxic fumes. "Mercury, lead, cadmium, arsenic are already happening within the - these are the four most toxic Ghanaian community." This is one of the biggest dumps for substances [in the world], and these electronic waste in the world, and are found in e-waste residues in Analysts estimate the world will among the most polluted places very large quantities," explains produce 93 million tonnes of e-waste on earth. Every year hundreds of Atiemo Sampson, an environmental this year alone - an ever-growing thousands of tonnes of e-waste find researcher at the Ghana Atomic volume that is the result of the built- their way here from Europe and North Energy Commission, who has in obsolescence of many high-end America, where they are stripped of conducted several studies of the electronic products. their valuable metals in the crudest Agbogbloshie site. form of recycling. For many it's a Much of it will find its way to a lucrative business in a country where Range of illnesses handful of e-waste dumps in Africa nearly a quarter of people live below According to the International Labour and Asia, rather than being recycled the poverty line. Organisation, long-term health in the country in which it was sold. studies on e-waste workers have yet
34 CREDAI VISAKHA VISION APRIL-MAY' 2016 Manufacturers' role "They should be investing in "Ultimately over the next 10 or 20 Campaigners in Ghana say some collections systems, in recycling years we'll see this thing go away. of these exports are simply illegal - systems in Africa. It is morally right infringing EU regulations that ban the and legally right." "Our primary responsibility as an export of broken electronic goods to industry is to produce products that developing countries for dumping. So why aren't the electronics are environmentally safe and do not manufacturers doing more? cause these problems down stream." However, the majority are believed to be legal imports of working second- Walter Alcorn is the vice president "Two billion mobile phones are hand goods, sent over to fuel the of environmental affairs at the manufactured every year - more than surging demand for cheap electronics Consumer Technology Association 15 billion manufactured since 1994, in developing economies like Ghana. - the trade body for tech firms in the and that's not counting cameras, Yet regardless of how it got here, US. He says "take-back" programmes laptops and televisions," he says. Atiemo Sampson believes electronics are in place to encourage consumers producers have a responsibility to to return their old gadgets for "We have an enormous problem and help clean up the mess their products recycling and prevent them from we're starting very late in the day to helped create. becoming waste or finding their fix it. Science and technology will get way to developing countries. But us there, but alongside consumer and "I agree that we have a technology he says the real difference will be human behaviour." gap that must be filled," he says. "But made as producers phase out the use across the world there is a growing of dangerous chemicals and heavy acceptance that the producer of the metals. "We're working through a equipment must bear responsibility legacy period, with legacy products for 'end of life' management. that are 10 or 20 years old," he says.
HUMOUR MOBILE HUMOUR. he arrival of mobile phones some two decades ago and the use of net in day to day transactions had completely changed life styles Tof people, especially in the urban areas. Humorous anecdotes concerning the use of cell phones and net are dime a dozen and make one laugh heartily. Take the following example.
A domestic connoisseur was busy in her kitchen, when a beggar knocked on the front door for alms. The good natured home maker was nice enough to come out of the kitchen and tell the alms seeker that the cooking is not yet complete and come sometime later. The mobile-savvy mendicant however replied to the home maker not to worry about status of cooking and give him a missed call as soon as the cooking is complete so that he would come back and collect the eatables in hot condition.
Initially shocked, the shrewd home maker, much more tech-savvy than the beggar, decided to give the latter a dose of his own medicine and said “ No need for missed call that requires you to come back and collect the food. As soon as the food is ready, I will upload the sumptuous lunch and you can happily download the same and have it at your leisure time”!!!.
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