Realty News
On Thursday the Minister of Urban Development M Venkaiah Naidu announced that The guidelines for the Government’s flagship scheme ‘100 smart cities‘ are in advanced stage of finalisation. Most of the state capitals will be included in this flagship program. All the states were directed to finalise a list of cities in their respective states [...] Continue Reading »
On Wednesday the Punjab and Haryana high court order cancelling the auction was not accepted well by the Haryana government. 350.7 acres of land was allotted to the real estate giant DLF, and cancelling the auction came as a big jolt to the Haryana government. On Thursday, the government rushed to defend its decision, saying the land [...] Continue Reading »
In an earlier-this-year move, a sub-regional plan was submitted by the Haryana Government to the NCR Planning Board (NCRPB), seeking the lifting of the ban on issuing fresh licences to builders. During the period between June and August 2014, a record number of 134 licenses were issued by the Department of Town and Country Planning [...] Continue Reading »
The previous MCD’s expenditure, running into crores of rupees, on the reconstruction of Pusa Road pavements – ahead of the 2010 Commonwealth Games in Delhi – has apparently gone down the drain. While the erstwhile MCD spent an exorbitant amount for rebuilding the pavements along the Pusa Road, the present scenario is quite deplorable — over [...] Continue Reading »
The NGT has finally, after a period of more than two years, given the green signal to the Public Works Department (PWD) to resume work on the expansion of the Andheria Mod-Mahipalpur road. The work on the road – which is used by hundreds of people every day to commute to Gurgaon and IGI Airport [...] Continue Reading »
The premises of the Begumpet Airport may be sealed by the Secunderabad Cantonment Board (SCB) due to non-payment of property tax arrears of a whopping amount of Rs 12.38 crore. Going by the general land records (GLR), the sprawling 700-acre Begumpet Airport is located in survey No. 777, which falls within the jurisdiction of the [...] Continue Reading »
The Kerala State Electricity Board (KSEB) and SmartCity authorities are at loggerheads again; the point of contention this time round also being ‘land.’ The dispute between KSEB and SmartCity roots in the fact that SmartCity has demanded nearly one acre of KSEB’s land at Brahmapuram; but the KSEB is not willing to part with the [...] Continue Reading »
Technical Assessment Committee (TAC) will examine construction of six-lane Kalpi Road from Vijay Nagar crossing to Zareeb Chowki. The divisional commissioner had passed orders in this regard on Thursday, following complaints from residents. An inquiry was also ordered on quality of material used in construction of road between Vijay Nagar and Rawatpur crossing and interlocking [...] Continue Reading »
Seeking an explanation from Haryana on the release of Gurgaon land which the state initially proposed to acquire for public purposes, the Supreme Court sought details last week of every sale deed between land owners and private builders for 1,400 acres in the district where urban residential and commercial sectors are coming up. But official [...] Continue Reading »
HDFC Property Fund may partly back Rs 1,020 crore transaction in which real estate firm Runwal Group is buying 24.7 acres of land in suburban Mumbai from Crompton Greaves Ltd, said three people familiar with the matter. HDFC Property Fund will put in up to Rs 200 crore to help Runwal part-finance the deal. In [...] Continue Reading »
