Real Estate Forum on Urban Development Ministry

Latest Answer: Hi all, i want to know that which are the 23 cities that submitted their revised Smart City Plans under Fast Track Competition along with respective rank in the first round of competition?

Latest Answer: Not only this, the term carpet area has been clearly defined to eliminate any scope for wrongdoing. So far, most developers measured and sold homes based on so-called super area, which is conventionally at least 30% more than the carpet area that a buyer can use.

Latest Answer: Hi all, There are some major challenges for infrastructure development in the country and govt. should look into this matter. finance, land acquisition, inadequate regulatory framework, delays in clearance, uneven private sector participation and pricing of infra service, among others issues which are creating obstruction.

Latest Answer: Hi folks, Have you read the news in which Union Urban Development Minister M Venkaiah Naidu sent a message yesterday that money allotted for the smart city projects can not be used for other purposes. They also asked the 20 selected cities to get the projects off the ground by June 25, the day Smart City Mission completes one year of its launch

Latest Answer: Goa is a Tourism destination , and if yes it gets developed in a smart city it will be having scope for industries to flourish in Goa. But world class amenities and well constructed villas and apartments as vacation or holiday homes are already ready for possesion by Sun Estate developers. Know more Private Pool Villas in Goa

Latest Answer: But urban development secretory, Madhusudan Prasad sent reminder letter to all state chief secretaries last week saying that December 15 deadline would not be extended.

Latest Answer: Urban local bodies were requested to prepare smart city vision statements based on detailed analysis of strengths, weaknesses, opportunities and threats. Only those cities whose Smart City Plans come up to the expectations will be picked up and there will be no state-wise caps for selection of cities in the 2nd round of competition.

Latest Answer: Yes, and all Smart City Plans will be analyzed city-wise in the 2nd phase of the "City Challenge" competition for identifying the top ranking 20 cities for financing during the current financial year.

Latest Answer: Good evening Hitesh and Meghna!!! The decision to hike stamp duty is very important for Nagpur Metro Rail Corporation Limited (NMRCL) as it will get half the revenue generated by levy of the 1% surcharge. The remaining 50% will go to Nagpur Municipal Corporation (NMC) or Nagpur Improvement Trust (NIT) depending on whose land the property lies. And secondly, this revenue will help NMRCL in repaying the 500 million Euro loan it has taken from German government agency KfW and the under consideration 130 million Euro loan from Agence Francaise de Developpement (AFD), a French institution.