Realty News
According to a senior official of the State Pollution Control Board (SPCB), a crackdown on realty developers is being planned by the board to check whether developers have been violating regulations. Revealing that maps of buildings are being cleared by the Mussoorie Dehradun Development Authority (MDDA) without checking whether the SPCB has given ‘no-objection certificates’ [...] Continue Reading »
Last week, realty bigwig DLF got a Supreme Court breather over a Rs 630-crore penalty which the Competition Commission of India (CCI) had imposed on the company for allegedly abusing its leading realty-market position, with regard to a residential society in Gurgaon. During the course of Friday proceedings at the Supreme Court, a bench headed [...] Continue Reading »
The Kerala Monorail Corporation Ltd (KMCL) is apparently irked by the unwarranted delay in tender process. The KMCL has asked the Delhi Metro Rail Corporation (DMRC) about the reason behind the delay in filing the evaluation report of the technical bid, which was opened on May 30. The report – which should have been submitted [...] Continue Reading »
The agricultural land conversion process has been simplified by the Maharashtra government, in an apparent attempt to give the housing sector a boost. Hailing the government’s decision, the Kolhapur Municipal Corporation said that the simplification of the agricultural land conversion process has made it easier for property developers, as well as residents holding land, to [...] Continue Reading »
The NDMC has plans underway to give a facelift to the Super Bazar area in Connaught Place. The Super Bazaar building has been non-operational since 2002, when the bazaar was shut down because of monetary issues. The plans which the NDMC is working on, to give the Super Bazar area a facelift, include the construction [...] Continue Reading »
The debate on whether there should be special labour laws for special economic zones (SEZs) will be reopened by the Commerce Department this week. According to the information shared by unidentified sources, discussions on a special allowance for SEZs are scheduled to be held later this week. The issue has already been brought to the [...] Continue Reading »
During the first quarter of the current fiscal year, a 40 percent increase in revenue was reported by the stamps and registration department in the jurisdiction of Visakhapatnam urban district. According to the figures released by the stamps and registration department, the first-quarter revenue earned by the department increased from Rs 53.99 crore in the 2013 first-quarter to Rs 75.25 crore in [...] Continue Reading »
A demolition drive was carried out by the Noida Authority on Wednesday to remove encroachments in the way of the Faridabad-Noida-Ghaziabad (FNG) corridor, so that work on the corridor can be accelerated. The demolition drive was conducted by an anti-encroachment team from Noida’s Sector 139 area. The drive resulted in the flattening of approximately 8,000 [...] Continue Reading »
In a recent letter addressed to the Urban Development Ministry, DDA vice-chairperson Balvinder Kumar has sought an exemption from the new land acquisition act — the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. Kumar said in the letter that the new land acquisition act – which came into [...] Continue Reading »
On Wednesday, notices were issued by the Allahabad High Court to three senior Noida officials, on a contempt petition filed by Brahma Pal, a farmer of Patwari village whose land was acquired in 2008. The three Noida officials to whom notices have been issued include A V Rajamouli, district magistrate of Gautam Budh Nagar; Shishir [...] Continue Reading »
