Happy Homes plot owners elect new leadership team
Joining the new leadership is General Secretary V Narasimha Rao, who brings extensive experience from his tenure as Executive Director of ONGC, where he served at the corporate office prior to his retirement.
The association stated that the newly elected members represent a blend of experienced and new office bearers. The Managing Committee is further bolstered by dedicated joint secretaries, advisors, and venture coordinators, specifically tasked with addressing issues pertinent to each individual venture.
To enhance support for plot owners, two Vice Presidents have been appointed: Gordon Morris will oversee issues in ventures located in Somaram village, while P Srinivasa Prasad will manage those in Ravalkola village, Medchal. PN Srivatsa, a chartered accountant and a founding member of the Happy Homes Association, will continue for another term as Treasurer. Jayaprakash, a former DGM of BSNL, and Radha were elected as Joint Secretaries.
Narasimha Rao highlighted the association's persistent efforts over the past seven years to resolve challenges faced by plot owners who have invested their life savings. A significant ongoing issue stems from discrepancies between records held by the Revenue department and the Stamps and Registration department.
This mismatch forces plot owners to contend with farmers who have illegally had their names included in revenue records, despite having already sold their land to the developer.
These farmers have also reportedly benefited unlawfully from the government's Rythu Bandhu scheme.
The association has brought these critical issues to the attention of the Tahsildar, the Collector of Medchal-Malkajgiri district, and the Chief Commissioner of Land Administration for rectification of records. A recent representation has also been submitted to the Chief Minister.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Indian Express
an hour ago
- Indian Express
Yamuna inches closer to danger mark, Delhi set to approach Haryana for control of ITO barrage
With the water level of the Yamuna river in the Capital inching dangerously close to the official warning mark on Wednesday, the Delhi government has decided to approach Haryana again to seek control of the ITO barrage. 'The Delhi government will formally request the Haryana government to hand over the control of the ITO barrage on the Yamuna river to bolster the city's flood management,' read an official statement. Irrigation and Flood Control Minister (I&FC) Parvesh Sahib Singh has given a nod to the plan, said officials. 'The Minister is likely to take the matter up with Haryana,' said an official, adding, 'While repairs have been made, Delhi needs full control to act swiftly in emergencies…'. The statement also underlined that the matter is being taken up 'to ensure Delhi's safety is not compromised'. Around 6 pm on Wednesday, the water level of the Yamuna river reached 204.08 metres, close to the official warning mark of 204.5 m, sparking flooding concerns. The danger level mark is 205.33 m at the Old Railway Bridge, which is the water level monitoring site in Delhi, for flood forecasting. Of the three Yamuna barrages in the Capital, the Delhi government maintains the Wazirabad barrage, and the Okhla barrage is handled by the Uttar Pradesh government. The ITO barrage is managed by the Haryana government. The ITO barrage site was at the centre of controversy in 2023 as the water level breached the 208-metres mark and flooded the area, forcing more than 25,000 people living along the floodplains to be displaced. The key water treatment plants, including Wazirabad, Chandrawal and Okhla, were shut, leading to a drinking water crisis in the Capital. The jamming of the defunct barrage gates was among the concerns raised by the officials in the city. There were five jammed gates at the site, which were finally opened after a month-long operation by the Indian Navy and divers. Key areas in the city near the site, including Ring Road, Kashmere Gate, Old Delhi, Civil Lines and East Delhi, till the Supreme Court, got inundated within a day. Referring to this, an official in Wednesday's statement was quoted as saying, 'While the gates at the barrage have been repaired to prevent any flood-like situation like in 2023, we are monitoring the situation closely…' This is not the first time the government has appealed to Haryana to hand over the control of the ITO barrage to allow quicker on-ground response. Responding to the Delhi government's decision, the Aam Aadmi Party, in a statement, said, 'In 2023, it is a matter of record that the BJP-ruled Haryana government did not open the gates of the ITO barrage due to poor maintenance. That was the real cause of flooding in Delhi. When AAP's Delhi government raised this issue, the BJP defended its Haryana government. 'The then I&FC Minister, Saurabh Bharadwaj, had requested the Haryana CM to hand over the maintenance of the ITO barrage to the Delhi government. It is good to see that better sense is now prevailing, and the BJP is able to see the facts without political colouring,' it added. A probe panel set up by the Haryana government had attributed the 2023 flooding to the non-opening of four ITO gates and to the floodplain encroachments near the barrage, which slowed down drainage. A chief engineer of the Haryana Irrigation Department. who was posted in Delhi, was later suspended. Earlier, however, senior officials from the Haryana government had reasoned that the control of the barrage was key to get authentic data to resolve any water sharing disputes, adding that it plays 'a strategic role' to check available supplies in Yamuna.
Economic Times
20 hours ago
- Economic Times
Energy stocks unlikely to rally without crude surge: Anand Tandon
"In the near term, I don't expect any significant movement. The only change we might see is if crude prices rise sustainably—then ONGC might tick up slightly. On the power side, if we include that within the energy basket, most of the action is in solar. But I would actually prefer to look at grid-related investments. Companies involved in grid infrastructure and its expansion are more attractive from an investment perspective. Apart from that, the market appears to be priced to perfection," says Anand Tandon, Independent Analyst. ADVERTISEMENT You have a view across the entire market in terms of sectors. All the broad-based Nifty sectors have now tilted into the red, with Nifty PSU Banks, Realty, and Pharma among the biggest losers today. What is still managing to hold on—or rather, showing the least cuts—is the Nifty Metal and Energy space. What is your outlook on these two sectors? While we've just discussed metals, we haven't revisited energy as a theme in quite some time. What's your take there? Anand Tandon: On the geopolitical front, there was a small spike in prices based on expectations of further restrictions on Russian oil. But it now seems that such measures will only materialize much later, so there's no immediate impact on the market. We actually saw some respite because of the Indian market's perspective, there are very few companies you can meaningfully invest in within the energy space. This is largely because retail-level prices are controlled by the government. Every time crude prices rise, retail prices are adjusted upward, but when crude falls, retail prices rarely drop. So, a cushion has already been built in. In the near term, I don't expect any significant movement. The only change we might see is if crude prices rise sustainably—then ONGC might tick up slightly. On the power side, if we include that within the energy basket, most of the action is in solar. But I would actually prefer to look at grid-related investments. Companies involved in grid infrastructure and its expansion are more attractive from an investment perspective. Apart from that, the market appears to be priced to perfection. That's an interesting point about sanctions, especially the ones major countries are demanding on Russian oil. Do you believe such sanctions could materially impact global markets? Does this scenario carry a real probability of happening? As you mentioned, ONGC might benefit if it does—but what's your broader view? Can global sanctions on Russian oil escalate, and what might that mean? Anand Tandon: Sanctions on Russian oil already exist. What's currently happening is that there's an effort to lower the price cap at which Russian oil can be sold. That adjustment has now been postponed until January. Let's be honest—the West doesn't usually act against its own economic interests. While India may be criticised for increasing its oil purchases from Russia, the reality is that a large share of refined petroleum products from India is re-exported to Europe. So, in truth, Europe is benefiting from the current arrangement. Our refineries are doing well, which is beneficial, but it's not driven by domestic consumption. ADVERTISEMENT That said, there is a possibility of further tightening of Russian oil prices, which could marginally constrain supply. However, given the state of the global market, that's largely offset by weak demand, so we're not seeing any major this stage, rather than focusing on energy, I believe a more pressing issue is the rare earth metals sector, which remains under China's stronghold. While China has eased some pressure in the last month, I view this as a long-term strategic risk. They control a significant portion of this supply, and that leverage will likely persist for the foreseeable future. (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
20 hours ago
- Time of India
Energy stocks unlikely to rally without crude surge: Anand Tandon
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel "In the near term, I don't expect any significant movement. The only change we might see is if crude prices rise sustainably—then ONGC might tick up slightly. On the power side, if we include that within the energy basket, most of the action is in solar. But I would actually prefer to look at grid-related investments. Companies involved in grid infrastructure and its expansion are more attractive from an investment perspective. Apart from that, the market appears to be priced to perfection," says Anand Tandon , Independent the geopolitical front, there was a small spike in prices based on expectations of further restrictions on Russian oil. But it now seems that such measures will only materialize much later, so there's no immediate impact on the market. We actually saw some respite because of the Indian market's perspective, there are very few companies you can meaningfully invest in within the energy space. This is largely because retail-level prices are controlled by the government. Every time crude prices rise, retail prices are adjusted upward, but when crude falls, retail prices rarely drop. So, a cushion has already been built the near term, I don't expect any significant movement. The only change we might see is if crude prices rise sustainably—then ONGC might tick up slightly. On the power side, if we include that within the energy basket, most of the action is in solar. But I would actually prefer to look at grid-related investments. Companies involved in grid infrastructure and its expansion are more attractive from an investment perspective. Apart from that, the market appears to be priced to on Russian oil already exist. What's currently happening is that there's an effort to lower the price cap at which Russian oil can be sold. That adjustment has now been postponed until be honest—the West doesn't usually act against its own economic interests. While India may be criticised for increasing its oil purchases from Russia, the reality is that a large share of refined petroleum products from India is re-exported to Europe. So, in truth, Europe is benefiting from the current arrangement. Our refineries are doing well, which is beneficial, but it's not driven by domestic said, there is a possibility of further tightening of Russian oil prices, which could marginally constrain supply. However, given the state of the global market, that's largely offset by weak demand, so we're not seeing any major this stage, rather than focusing on energy, I believe a more pressing issue is the rare earth metals sector, which remains under China's stronghold. While China has eased some pressure in the last month, I view this as a long-term strategic risk. They control a significant portion of this supply, and that leverage will likely persist for the foreseeable future.
