Bihar
The 48th meeting of the Central Sanctioning and Monitoring Committee (CSMC) under Pradhan Mantri Awas Yojana (Urban) on Friday has approved 371 recommendations from participating states and Union Territories for construction of 2,31,532 lakh houses with an overall investment of Rs 7,322 crore including central help of Rs 3,473 Cr. A total of 7-states/UTs participated [...] Continue Reading »
Reliance Cement Company (RCC), a subsidiary of Anil Ambani—led Reliance Infrastructure, today entered into the cement market of Bihar where the demand for the building material is on the rise due to a realty boom. Describing Bihar as one of the most promising cement markets in India, the company said, that the cement market in [...] Continue Reading »
Chandigarh- Despite strong demand of imposing house Tax in Chandigarh, Municipal Corporation is not doing so. But recently Goa deputy CM and minister for urban development Francis D’souza spoke in favor of imposing house tax. During the seminar, “India Urban Development Vision 2020″, organised by the municipal corporation he added that this will help the civic body to [...] Continue Reading »
Land rates in Bihar continues to soar. However, the volume of revenue collected by the registration department from sale of land and apartments has registered a 50 per cent growth compared to corresponding period last year. According to the statistics of the registration department, the state has earned Rs. 653.51 crore as revenue from the [...] Continue Reading »
Altogether 192 beneficiaries were allotted newly-built houses at Isopur on the outskirts of Patna under the scheme for urban poor. These houses were being constructed for the BPL families in urban areas. The CM announced that over 50,000 houses will be built in 28 cities of the state and those would not be a part [...] Continue Reading »
Due to various issues from administration and delays, Confederation of Real Estate Developers’ Association of India (Credai) has decided to send a SOS to the Prime Minister. Real estate sector contributes around 7% of the revenue which comes upto Rs140,000 crore but still the people associated in the sector are facing problems and their appeals [...] Continue Reading »
Realty sector in Bangalore and other metros is facing a crisis as unskilled labourers are leaving the construction work mid way. Labourers hailing from Bihar who had come to metros in the intention of earning big money have no longer interest in the city life. This is all because, their own state has become a [...] Continue Reading »
The Bihar assembly has passed on Bihar Apartment Ownership (Amendment) Bill, 2011 in order to settle disputes between the builders and property buyers. This bill is expected to bring in more transparency in the property transactions. The Urban Development minister Prem Kumar presented the bill in the assembly house and all the members present there [...] Continue Reading »
Bihar Urban Infrastructure Development Corporation is doing some appreciable job finally! Good news to the residents of Bihar is that, there are four new sewage-treatment plants (STP) coming up to stop the sewage water getting diverted into Ganga river. A Chinese firm has been appointed to expertise the installation of customized sewage treatment plant at [...] Continue Reading »
Essar Energy group recently spread a word in concern with its long term power pact with Bihar State Electricity Board (BSEB). The duos have come forward with a new range of idea to avoid power supply issue, the boards have decided to supply 300 MW power from the Tori-I plant in Jharkhand. For the welfare [...] Continue Reading »
