Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Deals with foreign builders
12-14-2009, 12:21 PM
Post: #1
Deals with foreign builders
Saturday, December 12, 2009
Karachi

The Sindh High Court (SHC) on Friday directed the Administrator of the Defence Housing Authority to file till December 16, 2009, agreements authority signed with foreign builders regarding constructions of multi-billion rupees mega projects Creek Marina, Crescent Bay, initiated in DHA, Karachi.

Petitioner, Adil Gilani, approached the SHC against alleged frauds being committed by builders of Multi-billion rupees mega projects, EMAAR Project, Crescent Bay, and Meinhardt Project, Creek Marina being constructed in the DHA.

He stated that foreign builders were imposing heavy penalties on buyers who were unable to pay regular installments.

He contended building byelaws do not permit a penalty of more than 4 percent of paid installments in case of cancellation of unit from builder and buyer, but builders were deducting 30 percent of unit prices/total price.

In many cases, builders make a booking for the same unit in the names of multiple buyers thus leaving leeway for blackmailing the general public who invest with such builders. He prayed the court to order the DHA to eliminate fraudulent practices of builders/developers being committed in projects Crescent Bay & Creek Marina.

He also prayed to order builders to place before the court agreements signed with parties.

The SHC division bench directed the DHA to file such agreements as well as agreements with individuals who booked apartments in projects Creek Marina & Crescent Bay as also the agreements with Meinhardt on project Creek Marina which should be placed to show on what terms and conditions these were given to buyers of Creek Marina.

The Court also repeated notice to the Chief Executive Officer, Clifton Cantonment Board, and issued notices the to Chief Executives of EMAAR’s project Creek Crescent, & Meinhardt’s project, Creek Marina, to file comments on the next date of hearing.

Notice issued in petition questioning appointment: Notices were issued to Ministry of Law and Justice, Chief Secretary Sindh and Member Technical of Environment Protection Tribunal (EPT) by a division bench of High Court of Sindh (SHC) comprising Justice Musheer Alam and Justice Aqeel Ahmed Abbasi here on Friday.

The bench was hearing a constitution petition filed by Ghulam Qadir Mahar who retired from the Police department in Grade-21.

The petitioner referring to the advertisement appearing in local newspapers on 12-4-2008 submitted that he possessed all qualification and was domiciled from Sindh Rural area but one Sami-uz-Zaman was appointed while petitioner and other applicants to the post of Member Technical were even not called for interview.

The petitioner prayed to the court to declare inaction by the respondents for not filling the position impugned in the petition as illegal, direct respondent to interview applicants including petitioner and to appoint the petitioner if no other applicant is available from Rural Sindh.

The bench after hearing Barrister Zamir Ghumro, counsel for petitioner issued notices to the respondents for a date to be fixed later by the office of the court.
Visit this user's website Find all posts by this user
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  Pakistan and Kuwait to Agree on $10 Billion Investment Deals LRE-Azan 0 525 11-27-2023 02:15 PM
Last Post: LRE-Azan
  Initiatives taken to attract foreign investment: PM Salman 0 3,863 02-27-2014 06:47 PM
Last Post: Salman
  Punjab & China strike deals on energy Salman 0 6,140 12-06-2013 02:24 PM
Last Post: Salman
  Builders, developers upbeat after PM’s incentive package Salman 0 6,624 12-04-2013 01:39 PM
Last Post: Salman
  CDA, EOBI, others entangled too: FIA looks into DHA deals Salman 0 4,531 07-02-2013 12:42 PM
Last Post: Salman
  LDA warns developers and builders Salman 0 4,256 01-26-2013 01:51 PM
Last Post: Salman
  Punjab govt delegation leaves for Iran to sign deals Salman 0 4,549 04-10-2012 12:06 PM
Last Post: Salman
  Low-cost housing schemes necessary for big cities, say builders Salman 0 4,502 12-08-2011 12:07 PM
Last Post: Salman
  CDA serves builders two-week ultimatum to clear parking lot Lahore_Real_Estate 0 3,425 06-06-2011 02:35 PM
Last Post: Lahore_Real_Estate
  Foreign aid needs to be given up to become independent: CM Lahore_Real_Estate 0 3,082 05-17-2011 11:35 AM
Last Post: Lahore_Real_Estate
  Town Developers & Builders Association Appeal to CM LRE 0 3,412 02-05-2010 06:40 AM
Last Post: LRE
  Greedy builders using ‘Lahore Bachao’ to protest plazas’ demolition: LBT Lahore_Real_Estate 0 3,549 12-31-2009 01:23 PM
Last Post: Lahore_Real_Estate
  4% CVT on all immovable property deals: Law Ministry to vet draft notification LRE 0 6,387 12-21-2009 11:51 PM
Last Post: LRE
  Railways inks loan deals to buy locomotives, coaches LahoreEstate 0 3,139 12-16-2009 10:31 AM
Last Post: LahoreEstate
  KARACHI: DHA told to file pacts with foreign builders Lahore_Real_Estate 0 2,691 12-14-2009 12:22 PM
Last Post: Lahore_Real_Estate
  Punjab Assembly in uproar over Moonis’ corruption in land deals Naveed Yaseen 0 4,691 11-06-2009 06:01 AM
Last Post: Naveed Yaseen
  The addiction of foreign aid (by Dr Safdar Mehmood) Naveed Yaseen 0 3,015 10-03-2009 07:54 AM
Last Post: Naveed Yaseen
  Ethiopia signs windfarm, dam deals with China Naveed Yaseen 0 3,428 09-24-2009 05:10 AM
Last Post: Naveed Yaseen
  Highly questionable farmland deals selling 7 million acres farmland to foreigners Naveed Yaseen 0 3,583 09-10-2009 07:39 AM
Last Post: Naveed Yaseen
  NA committee on privatisation to examine privatisation deals by previous government Naveed Yaseen 0 3,040 09-03-2009 05:38 AM
Last Post: Naveed Yaseen

Forum Jump:


User(s) browsing this thread: 1 Guest(s)