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When contacted, RNA Corp's spokesperson said the group is not aware of any such FIR against the promoters.
The new fees will come into effect from September 1. Apart from plotted schemes, developers of housing schemes will have to pay Rs 20 per square metre as standard fee.
The developers and the property owners have been demanding a revision in FAR after the Haryana government recently allowed the construction of fourth floor and its registration as an independent dwelling unit.
The 'delay possession charges' are to be paid at the rate of 10.60% per annum from the committed date of possession to the actual date of delivery of the property.
The Authority has started checking the blueprints to see if shopkeepers are taking advantage of convenience store spaces, meant for the society’s residents, and carrying out commercial activities to cater to the general public.
This amount includes 8 per cent PMC (project management consultancy) margin for the NBCC which has been agreed and ordered by the Supreme Court, he said in an investor call after announcing financial results for the first quarter.
Any rating below BBB- is junk or below investment grade and the city's largest developer has already been having a junk rating by foreign rating agencies.
Developers that rely on refinancing from NBFIs, particularly those with weak financial profiles, will be affected the most if current conditions persist.
In Afghanistan’s protracted war, weddings have provided a rare respite from the violence. On Saturday, a bomber took away even that.
After days of violence and warnings from the Chinese government, organizers estimated at least 1.7 million people had turned out, making it the second- largest march of the protests.
Violence against women is driving an exodus of migrants from Central America, but the Trump administration is determined to deny them asylum.
Four million people in one state are at risk of being denied citizenship in a government campaign critics say is driven by a Hindu nationalist agenda.
With women far outnumbered by men in China, some Chinese men are importing wives from neighboring countries, and using force to do so.