Central government
The central government was likely to notify the new master plan – 2031 on the 30th of October. This new master plan will be notified after the Administrator’s Advisory Council (AAC) of the UT administration sends its draft to the ministry of home affairs and the ministry of urban development. Officials have said that no [...] Continue Reading »
The official said the detailed project report (DPR) for the extension will be ready in another six months, a senior official of the Haryana government said. Once the DPR is ready, the Haryana government will approach the Centre for project approval. It will run alongside the northern and the southern peripheral roads, which are around [...] Continue Reading »
Since property values are touching new highs in major localities of Mumbai, the suburb areas are coming up as promising investment options within affordable budgets. The plots in the area are of varying sizes, starting from 1,000 sq ft. The value quoted is Rs 450 per sq ft. Being a freehold plotted development, the buyer [...] Continue Reading »
The forest department of Gautam Budh Nagar has submitted a proposal to fell around 3,000 trees in the Dadri region to the UP government for infrastructure works related to the Delhi-Mumbai industrial corridor (DMIC) project. The proposal has been sent to the UP forest department in Lucknow. As the forest land in the district will [...] Continue Reading »
Financial assistance of Central government for the Jaipur Metro Phase-I project might not be taken by the state government. “The total project cost for Phase-I is Rs 3,149 crore said a senior official source. The previous state government had sanctioned Rs 1,802. More funds might not be required as recently, the BJP-led government, too, has [...] Continue Reading »
Location is everything, and when a new city is to be founded, getting in early on the action is a smart thing to do is a known fact to anyone who has ever dabbled in real estate. Therefore members of the committee of urban planners and urban policy experts were stunned to find their mailbox [...] Continue Reading »
The GMR has moved the AP High Court challenging the decision of the Airports Economic Regulatory Authority (AERA) in discontinuing collection of user Development Fee for the next two years. The GHIAL has concluded that the AERA has no jurisdiction to fix the UDF and it was the Central government of India who has power [...] Continue Reading »
After the new land acquisition law came into force, the Road Transport and Highways (RTH) Ministry is looking for options like real estate development along the Delhi-Jaipur Expressway to finance it as land cost alone has trebled. After the new law came into force the land cost has trebled, the cost of ~11,750 project that [...] Continue Reading »
The office space of government departments have started reducing because of increase in prices of real estate. In an austerity drive, the central government has ordered to minimize the area of office accommodation. Govt on Austerity drive An order given to government offices by the Ministry of Urban Development a few days ago calls for [...] Continue Reading »
The objection for construction of the apartment building in the vicinity of the Rashtrapati Bhawan has been withdrawn last year by the Central government. The change of land use, which was necessary for real estate major DLF to construct the building has also approved by the the Union urban development ministry. Earlier there were reservations [...] Continue Reading »
