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Cooperative group housing societies (CGHS) in Noida were in for a shock when the Supreme Court ordered individual registration of flats as per circle rates prevailing on July 27. The court had given them six months to register properties individually. The registration amount will vary from area to area as circle rate of posh colonies [...] Continue Reading »
A notification for acquisition of the land (under Section 4 along with 17 (1) of the Land Acquisition Act) was issued on November 19, 2008, for planned industrial development of Dadri. Later, notification under Section 6 of the Act was issued on March 23, 2009. A division bench of the Allahabad High Court on Tuesday [...] Continue Reading »
Pimpri Chinchwad Municipal Corporation (PCMC) had invited applications for the economically-weaker sections (EWS) housing scheme in February 2008.It had extended the deadline for submission of documents four times. A total 17,044 people had applied for the scheme and 13,775 were found to be eligible. The housing project for the EWS is being completed jointly by [...] Continue Reading »
A survey for regularisation of 1,320 unauthorized colonies in Gurgaon has been conducted and the government has got reports on which it would take suitable action. A meeting has been convened on September 14 under the chairmanship of chief minister Bhupinder Singh Hooda, said Gopal Kanda, minister of state for urban local bodies, in reply [...] Continue Reading »
Most of the projects in Gurgaon village which are shown to be sanctioned on paper, either do not exist or had been completed years ago but were being shown as new so that payments could be made according to the inflated rates. Of a total of 23 projects in Ward 14, 21 projects have apparently [...] Continue Reading »
The critical issue for realtors over the next 12 months would be to ensure their debt load doesn’t enlarge, especially since fund availability is constrained and many loans are coming up for repayment in this fiscal. In the context, a good traction in sales becomes another crucial imperative. Developers are finding it tough to generate [...] Continue Reading »
The SBI had grabbed attention and market share in the competitive home loan space after it pioneered the teaser home loan scheme in February 2008 which offered a low, fixed interest rate at 8 per cent in the initial years of the loan. Later, it morphed into a floating rate at the prevailing market rate. [...] Continue Reading »
Two-wheeler riders, in an attempt to evade a pothole, may end up falling into roadside ditches which will again be filled with water. It’s not easy even for four-wheelers. In their eagerness to avoid driving over a pothole, many end up meeting with accidents. Else, the bumpy ride over potholes ends up hurting their backs [...] Continue Reading »
Residents have long been claiming health centers and considering the gravity of the problem, City and Industrial Development Corporation (CIDCO) is planning to open health centres at Kharghar, Kalamboli and New Panvel soon. We will open three dispensaries at Kharghar first and then will proceed to the other two nodes. Although, to give a deadline [...] Continue Reading »
Citizens living on NIBM-Undri Road did not have a garden previously; in absence of a walking path, they had to walk down the main road. This garden after being built would actually be dedicated to senior citizens, where they would have a dedicated place for them to sit and relax. Many have been complaining about [...] Continue Reading »
