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Noida land scam: Court rejects bail to real estate director

Noida land scam: Court rejects bail to real estate director
Shivender Singh, the Director of a real estate firm, Sarveshwari Pvt Ltd was accused in a cheating case relating to a land scam in Noida. He has been denied bail by a Delhi court. The court said it is a matter of grave concern that land mafia with political support take over the agricultural land without any fear of law. [...] Continue Reading »

Andhra Pradesh sees a decline in Property registrations

Andhra Pradesh sees a decline in Property registrations
Hyderabad and the surrounding areas have seen a dip in the property registrations after the Centre gave enough hints that the creation of Telangana state. The numbers as disclosed by the official sources dipped by a staggering 20 percent compared to last year and revenue also dipped in the entire state. It is being claimed by the [...] Continue Reading »

Port-Maduravoyal elevated corridor’s work initiated by NHAI

Port-Maduravoyal elevated corridor’s work initiated by NHAI
The National Highways Authority of India (NHAI) has acted briskly after the Madras High Court’s verdict on Chennai Port-Maduravoyal elevated expressway. The officials have asked the State Highway Secretary to convene meeting at the earliest by inviting Public Works Department Secretary to take the project forward. The High Court had asked all the stakeholders to [...] Continue Reading »

Expressway row not over, SDMC seeks access of all 16 toll plazas

Expressway row not over, SDMC seeks access of all 16 toll plazas
Row over toll plazas on Delhi-Gurgaon Expressway seemed to be over, the next day South Delhi Municipal Corporation asserted in the Delhi High Court that four proposed toll lanes, out of 16, would be grossly inadequate to levy tax on commercial vehicles entering the national capital. The court had recorded a consent order in terms of a tripartite settlement yesterday, among [...] Continue Reading »

Flyover opening misses 3 deadlines in Kolkata

Flyover opening misses 3 deadlines in Kolkata
For the past six years of its construction, only 67 per cent of the work has been completed of the Vivekananda Road flyover and the Kolkata Metropolitan Development Authority (KMDA) is unsure about when the flyover will be opened to the public. The agency has already missed three deadlines. This, interesting news is coming at a [...] Continue Reading »

31,000 sq mt land re-alloted for IT habitat in Goa

31,000 sq mt land re-alloted for IT habitat in Goa
The Goa Government has re-allotted nearly 31,000 sq mt land at the Rajiv Gandhi IT Habitat at Dona Paula near Panaji. The project had been ridden with controversies since its inception and had been stalled twice, first in December 2007 due to violent protests by the locals led by local MLA Atanasio Monserrate and later [...] Continue Reading »

Over 5,000 DDA flats unallotted

Over 5,000 DDA flats unallotted
The Delhi Development Authority (DDA) has been sitting on more than 5000 flats lying vacant in the city. Residents of Delhi may be waiting for Delhi Development Authority (DDA) to offer new flats, but there are about 5,970 flats lying vacant in the city. These vacant flats are in various categories, including high income group [...] Continue Reading »

Ready reckoner painful for real estate buyers

Ready reckoner painful for real estate buyers
Ready reckoner (RR) rates, which are used to calculate market value of properties for payment of stamp duty and registration charges, must be reviewed by the state government to most recent. Undoubtedly, stamp duty collection is one of the biggest money spinners for the Maharashtra government. But for the people who want to buy or sell flats [...] Continue Reading »

Farmlands cornered by real estate groups

Farmlands cornered by real estate groups
Although, the state government has tightened policy for conversion of cultivable agricultural land for residential, industrial and infrastructural purposes, such lands are still used for non-agricultural needs.  Powerful real estate groups have been turning cultivable areas into residential plots ‘without obtaining permissions legally’, as declared by the farmers. District collectors have to personally visit the land [...] Continue Reading »

Complainant denies knowing Ambekar in latest case

Complainant denies knowing Ambekar in latest case
Gangster-turned-real estate agent Santosh Ambekar may escape being named in yet another case after complainant and builder Sanjay Dargan denied knowing him. On thursday a fresh case is registered at Sadar police station, several of Ambekar’s close aides including co-accused in two other cases Sanjay Fatode have been booked with charges of cheating and forgery. [...] Continue Reading »



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