Government order
Andhra Pradesh government has increased the development charges imposed on builders for construction of buildings in the extended areas of Hyderabad Metropolitan Development Authority (HMDA) by 50 per cent. On July 12, the municipal administration and urban development (MA&UD) department issued the Government Order (GO). Hereafter, builders will now have to pay 75 per cent [...] Continue Reading »
The Andhra Pradesh Government’s decision of relaxing building norms for large housing projects and levy shelter fee for housing of the poor is expected to boost up the state’s real estate business. The new Government Order passed last week has relaxed an earlier provision made in January 2011, in which builders should compulsorily reserve a [...] Continue Reading »
The Bruhat Bangalore Mahanagara Palike (BBMP) is expected to repair major roads in Bangalore city measuring a total of 73 km at a total cost of 200 crore. This project has come as a joint venture between BBMP and the state government Tender SURE (Specification for Urban Road Execution). The cost will be shared equally between [...] Continue Reading »
The deadline for installing rain water harvesting (RWH) systems in all buildings was over December 31st. Out of 55,000 buildings, 33,338 units have complied with the deadline. Does it mean the other 20000 units have to face water disconnections? As per reports, Bruhat Bangalore Mahanagara Palike (BBMP) had plans of extending the deadline to March [...] Continue Reading »
Now, none of the developers or builders are interested in utilizing the land in Hyderabad. Dozens of realty projects are kept pending this year. All these situations happened only because of the order passed by government. The government order say that 20 percent of the built-up area on this 200 acre land is reserved for [...] Continue Reading »
