Haryana
The environment ministry has suggested that Uttar Pradesh should increase its forest cover by 500% and Haryana by 400%, in a bid to increase the green cover in the National Capital Region. Over the years, the NCR has witnessed a vast increase in population and depletion of green areas. The ministry of environment and forest [...] Continue Reading »
An FDI asset management firm, US-based Brahma Management concentrated on domestic real estate, mentioned that after elections it is expected that prices of commercial realty will rise by 20-25 per cent. About 2,500 crore have been invested by a company in 3 upcoming projects, stated that the foreign investors were waiting for policy clarity and [...] Continue Reading »
In December, the foundation stone for the extension campus of IIT-Delhi at Kundli and Indian Institute of Information Technology (IIIT) at Kilhorad village in Sonipat was laid by Union minister Pallam Raju and Haryana chief minister Bhupinder Singh Hooda. IIT-Delhi’s extension campus at Rajiv Gandhi Education City in Kundli would have a science and technology [...] Continue Reading »
As per the report, the Competition Commission of India has imposed a penalty of Rs 2.4 crore on DLF due to failure to comply with the regulators’ directions to cease and desist from unfair trade practices. CCI says that the “continued non-compliance” would obtain a fine of Rs 1 lakh per day. It further added [...] Continue Reading »
IL&FS Engineering and Construction Company Limited have received a Letter of Intent (LoI) from Ireo Private Limited for construction of its luxury residential project ‘Gurgaon Hills’ located at Sec-02, Gurgaon, Haryana. The Rs 175.80-crore contract is to be completed in 39 months. The ‘Gurgoan Hills’ luxury residential project has Six Towers (20 to 26 Storey) [...] Continue Reading »
Mr. Jairam Ramesh, Rural Development Minister, says that the Supreme Court judgment upholding the retrospective clause of the new Land Acquisition Act has defines rules for the implementation of a significant clause in the law. He further says that the recent judgment was since last 5 years. He also added that the award was passed [...] Continue Reading »
The Punjab and Haryana High Court had asked the urban development authority to give the name of people that were allegedly granted multiple plots. As per the HUDA record, almost 8,000 people have multiple plots under the various categories. Justice Daya Chaudhary also advised HUDA authorities to declare the names of people who had taken [...] Continue Reading »
The Udyog Vihar’s industrial association has currently introduced a drive to get more plot owners to apply for official conveyance deeds on their purchase. According to the members of the Udyog Vihar Chamber of Industries, many businessmen do not have conveyance deeds because they have never applied for it even after making full payments. An association [...] Continue Reading »
The nine-member committee constituted by the cabinet secretary of the Punjab and Haryana High Court articulated displeasure with looking for shifting of the grenades dump at Gurgaon and Faridabad. As per the division bench of Chief Justice Sanjay Kishan Kaul and Justice Arun Palli the committee should be made in the name of Municipal Commissioner [...] Continue Reading »
The biggest advantage of purchasing a property on your wife’s name does not only impress the family, being seen as a trendsetter in a patriarchal society but the main strawberry part is that you might shear off 1-2 per cent of the property value. Women buyers get discount on stamp duty by some state governments [...] Continue Reading »
