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 [...]
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Realty developers seek more government’s help to boost demand
Monday, December 23rd, 2019The Govt relaxes the minimum land requirement for SEZs
Monday, December 23rd, 2019The 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. [...]
Gujarat HC orders action on illegal constructions near Surat airport
Monday, December 23rd, 2019AHMEDABAD: 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 [...]
PMRDA Expected to Get Land for Pune Metro on January 2020
Monday, December 23rd, 2019Pune: 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. [...]
Online Approval System To Be Introduced For Simplifying Building approvals in Telangana
Monday, December 23rd, 2019Hyderabad: 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 [...]
