Construction
The Delhi High Court has allowed the Archaeological Survey of India (ASI) and North Delhi Municipal Corporation (NDMC) to ‘implement’ their decision to remove the illegal construction at the site in Subhash Park. ASI has asked the civic agency to immediately remove unauthorized construction from public land in a letter, failing which the heritage body [...] Continue Reading »
Bangalore Development Authority (BDA) has been dysfunctional for some months now as appointment of the head still waits. The complaints being carried to the BDA headquarters on T Chowdaiah Road remain unanswered and even unheard as the newly appointed commissioner had been transferred as the principal secretary to the chief minister, leaving the civic agency [...] Continue Reading »
The country’s largest listed real estate company, DLF‘s shares increased by 1.2 percent of Rs 197 after a report that the company is selling its plot in Mumbai. The report said that the plot is being sold to Lodha group and a private equity company for Rs 2,800 crore. A report in Economic Times said [...] Continue Reading »
With about 1,400 property owners resisting the acquisition of land, the execution of Hyderabad Metro Rail project is facing delay, according to Greater Hyderabad Municipal Corporation. The GHMC has so far managed to acquire 2,000 properties, but the corporation has to acquire 1,400 more properties. The Additional Commissioner (Planning), Mr K. Dhananjaya Reddy said that [...] Continue Reading »
Two construction workers died in a building collapse incident and other three co-workers suffered injuries at the Kirti Nagar furniture market in West Delhi. Police said that the victims could not be identified. The injured were shifted to a Deen Dayal Upadhyay hospital for treatment. Preliminary investigation revealed that illegal construction was being carried out [...] Continue Reading »
The Archaeological Survey of India (ASI) has asked the Delhi High Court to stop any constructions at the site where remains of a mosque was discovered. The ASI also told the court that the Delhi Police is responsible for the site protection. High court has already stopped the construction work and directed the civic authority [...] Continue Reading »
Karnataka High Court rapped Bruhat Bangalore Mahanagara Palike, for its inaction against illegal constructions and saying that BBMP. A Division Bench headed by Justice D V Shylendra Kumar was hearing Public interest litigation (PIL) against former Chief Minister D V Sadananda Gowda accused of illegally constructing a commercial complex in a residential layout. The PIL [...] Continue Reading »
In the wake of rising urbanistaion, the state revenue department is planning a policy to regulate urbanization and create special squads to keep illegal construction under control. When asked question related to illegal constructions, revenue minister Balasaheb Thorat told that a comprehensive policy will be announced in the next three months. He said the proposal [...] Continue Reading »
The North Delhi Municipal Corporation is to appeal to Delhi High Court to remove the illegally constructed portion of the wall at the site believed to contain ruins of the Mughal-era Akbarabadi Masjid. The government had already decided that no new constructions would take place at the site where ruins of the structure were dug up. [...] Continue Reading »
Fitch Ratings has upgraded Ansal Housing and Construction Ltd’s long-term rating and declared it stable. The rating comes as a good sign to the real estate industry as Ansal has been one of the major and reliable players with over two-decade experience in the domestic real estate business. The rating reflects regular servicing of term [...] Continue Reading »
