Cities
The Karnataka Govt plans to revisit existing affordable housing schemes that offer subsidies on home loans and replace them with interest-free home loans. This is part of the government’s mission to support PM Modi’s ‘Housing for All’ scheme. The government plans to build 19 lakh houses in 30 months. If everything goes as per the [...] Continue Reading »
NASHIK: Municipal commissioner Radhakrishna Game has directed the property tax department to proceed to issue permits against 439 property tax defaulters, who have exceptional dues of higher than Rs 50,000. The directions were provided by the Game through an up-to-date report meeting endured with the department concerned. Executives of the Nashik Municipal Corporation (NMC) [...] Continue Reading »
NEW DELHI: A bill that endeavors to implement and provide a legal framework to impart ownership rights to those residing in unauthorized localities in Delhi was included in the Lok Sabha on Tuesday. Urban Affairs Minister and Union Housing Hardeep Singh Puri presented the National Capital. The territory of Delhi (Recognition of Property Rights of Tenants in Unapproved [...] Continue Reading »
A city must complete 57 projects by 2024 under the Smart City mission. Out of these, only 3-projects have been completed until now by the assigned wing of Lucknow Municipal Corporation (LMC) while work is in progress for 36 others. The LMC is yet to start the leftover 18 projects. Lucknow had a target of [...] Continue Reading »
Uttar Pradesh’s capital Lucknow may have picked up four notches since the last estimation of projects fulfilled under the Smart City mission, but the current rank of 41 among 100 cities in the country is no less of a failure. The failure is a little too said when 3-other cities among the 10 in the [...] Continue Reading »
CHANDIGARH: As 84 units of both aspects of the Industrial Area in Chandigarh have arrears deserving Rs 32.18 lakh of commercial property tax, Chandigarh municipal corporation (MC) will be offering a program in the monthly prevailing house meeting to waive-off their interest money. Considering this is the most primary financial judgment associated with such [...] Continue Reading »
The Kolhapur Municipal Corporation (KMC) has decided to discontinue the water supply of housing societies which have no or non-functional sewage treatment plant in their bases. Recently, activists met officials of Maharashtra Pollution Control Board (MPCB) and registered a complaint about the absence of STPs and non-functional STPs in many housing projects. The activists had [...] Continue Reading »
Unauthorised colonies residents of Delhi will be able to apply for ownership rights starting 16th December 2019, said Union Housing and Urban Affairs Minister Hardeep Singh Puri on Saturday during the launch of a portal which will define and delineate the boundaries of 1,731 unauthorised colonies here using satellite imagery. The applicants will get the [...] Continue Reading »
State Bank of India (SBI) and Finance Ministry (MoF) are exploring for a legal frame where the suggested Alternative Investment Fund (AIF) for strengthening delayed housing projects will have the first charge on assets and cash flow of companies getting funding. That will finance 1,600 delayed housing projects carrying 4,58,000 housing units across the country. [...] Continue Reading »
BENGALURU: The high court has burned down as unconstitutional the allocation of houses/sites of the Karnataka Housing Board (KHB) under two sections of “persons in public life” engraved within the 10 percent discretionary quota. Beneath category A, 25 percent of the discretional quota sites were placed at the conclusion of KHB, to be administered to [...] Continue Reading »
