Latest Answer: Hi Bhawna,
As per my opinion, for this situation, however, CAG discovered the colonizer had prelaunched the venture - Cosmos City 2 in Sector 103 - in April 2012, and issued receipts for booking of pads to around 400 financial specialists. It had effectively gathered Rs 55 crore from level bookings, however building arrangements were affirmed just after a year.
Q:I am hearing about some news which says many illegal buildings are present in Coimbatore, and some probe has led to discovery. I want to invest in the real estate market here. Please give me some more info about this issue.
Latest Answer: There is this body called DTCP (Directorate of Town and Country Planning). They have said that the defaulters in education sector cannot be punished. Because the students future is involved, you cannot seal the universities off. The LPA also has complained of being short of staff. But the illegal buildings need to be cleared. The realty sector will take a blow otherwise.
