Realty News
Realty developers are endeavoring more further support, in addition to the measures proclaimed, including the Rs 25,000-crore trial fund for fulfillment of abandoned and stuck housing projects, from the government to expand the requirement for housing and reducing liquidity pressure. Developers have stretched out to finance Minister Nirmala Sitharaman with approaches such as providing them adaptability on imposing GST [...] Continue Reading »
The government has revised the minimum land requirement and categorization of Special Economic Zones (SEZs). The new law will now permit the co-existence of any SEZ from any sector with others. From now onward, all existing and new SEZs would become multi-sector enclaves and help in the co-existence of such organizations from any other sector. [...] Continue Reading »
AHMEDABAD: The Gujarat high court on Friday directed the Centre, the Airports Authority of India (AAI), and the Surat Municipal Corporation (SMC) to catch the ultimate judgment on what they should do about unauthorized constructions that are near the Surat airport. The HC has rapped the authorities for being “insensitive towards such a serious issue”. The airport handles 260 flights [...] Continue Reading »
Pune: The central and state govt departments are expected to transfer land for proposed 23.3 km 2rd Metro Line from Hinjewadi-Shivajinagar by the first fortnight of January 2020. Approximately 2 hectares of land is required for the project in which 1.49 hectares will be acquired from the state govt and 0.96 hectares from the center. [...] Continue Reading »
Hyderabad: The Municipal Act 2019 which fell into disorder and came under judicial investigation will now be available in the Public domain. To bring transparency in giving building plan approval, Telangana govt would introduce for granting permission for the construction of a new building in the state soon said Minister for Municipal Administration KT Rama [...] Continue Reading »
Kolkata: In the past 6 months, the West Bengal Housing Industry Regulatory Authority (WBHIRA) has received the majority of complaints regarding delay in completion and possession of apartments/flats, keeping of possession despite the complete payment, refusal to pay when the customer asks refund on account of delay and dispute over common area and other terms [...] Continue Reading »
In 1985, BDA passed a notification to acquire survey number 75 in Nagawara for forming the HBR II Stage layout, and the related acquisition was done in 1988. Bangalore Development Authority (BDA) officials on Tuesday recovered four acres of prime land worth Rs 300 crore in Nagawara, North Bengaluru. A building and sheds were erected there illegally, said, officials. [...] Continue Reading »
Frustrated accomplished a three-year suspension of the handover of flats, homebuyers of ILD Grand in Sector 37C on December 18 addressed the Haryana Rera (H-Rera) office to oppose the developer. The buyers testified that the project was originated on a 5-acre land in 2011 and the builder had pledged to give dependency by 2016. But [...] Continue Reading »
CHANDIGARH: In an attempt to expand enduring businesses in the state, Punjab has determined to ‘liberalize’ its enduring municipal building bylaws by contributing recreations that would execute the bylaws for both commercial and domestic buildings at par with another state. After due examination, it was believed that the existing building bylaws in the state are a little harsh [...] Continue Reading »
The recent fire tragedy in New Delhi’s Anaj Mandi revealed the clear ignorance for fire safety laws across the country. Following the incident in which 43 people lost their lives, the state municipal administration department decided to take stock of the fire safety arrangements in place. In the process, it was reported that of the [...] Continue Reading »
