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indian real estate updates

Gujarat HC orders action on illegal constructions near Surat airport

Gujarat HC orders action on illegal constructions near Surat airport
AHMEDABAD: The Gujarat high court on Friday directed the Centre, the Airports Authority of India (AAI), and the Surat Municipal Corporation (SMC) to catch the ultimate judgment on what they should do about unauthorized constructions that are near the Surat airport. The HC has rapped the authorities for being “insensitive towards such a serious issue”. The airport handles 260 flights [...] Continue Reading »

Bengaluru development body recovers four-acre land worth Rs 300 crore at Nagawara

Bengaluru development body recovers four-acre land worth Rs 300 crore at Nagawara
In 1985, BDA passed a notification to acquire survey number 75 in Nagawara for forming the HBR II Stage layout, and the related acquisition was done in 1988. Bangalore Development Authority (BDA) officials on Tuesday recovered four acres of prime land worth Rs 300 crore in Nagawara, North Bengaluru. A building and sheds were erected there illegally, said, officials. [...] Continue Reading »

Awaiting flats for three years, ILD Grand buyers approach Haryana-RERA

Awaiting flats for three years, ILD Grand buyers approach Haryana-RERA
Frustrated accomplished a three-year suspension of the handover of flats, homebuyers of ILD Grand in Sector 37C on December 18 addressed the Haryana Rera (H-Rera) office to oppose the developer. The buyers testified that the project was originated on a 5-acre land in 2011 and the builder had pledged to give dependency by 2016. But [...] Continue Reading »

Punjab to bring in ‘liberal’ municipal building bylaws

Punjab to bring in ‘liberal’ municipal building bylaws
CHANDIGARH: In an attempt to expand enduring businesses in the state, Punjab has determined to ‘liberalize’ its enduring municipal building bylaws by contributing recreations that would execute the bylaws for both commercial and domestic buildings at par with another state. After due examination, it was believed that the existing building bylaws in the state are a little harsh [...] Continue Reading »

Kochi civic body yet to implement construction waste bylaw

Kochi civic body yet to implement construction waste bylaw
KOCHI: Kochi Corporation had served a draft bylaw for assuring the individual requirement of building ruins in 2016. Though the city has experienced construction growth, the local body is however to execute it. The draft bylaw was assumed to be relevant to all materials employed for the construction of buildings and other structures. The bylaw addresses it [...] Continue Reading »

Aurangabad civic body may launch property tax recovery drive

Aurangabad civic body may launch property tax recovery drive
AURANGABAD: The civic body, supporting recently appointed municipal commissioner Astik Kumar Pandey is expected to originate an uncompromising tax recovery drive. Anticipating a statement to this conclusion, corporator and others have endeavored an amnesty scheme for tax defaulters. Several citizens also understand that huge defaulters should initial be demanded to clear their dues before the commoners are targeted. The [...] Continue Reading »

Jaipur development body to start to drive against lease money defaulters

Jaipur development body to start to drive against lease money defaulters
JAIPUR: Jaipur Development Authority (JDA) has determined to break the switch on lease money defaulters and has a subserved 15-day requirement. The civic body has served a record of 100 defaulters and programs to collect Rs 20 crore. In the notice, the civic body announced it would connect properties or seize bank accounts if delinquents do not pay the [...] Continue Reading »

Maradu municipality likely to demolish Jains Coral, Golden Kayaloram on Jan 11

Maradu municipality likely to demolish Jains Coral, Golden Kayaloram on Jan 11
KOCHI: Maradu municipality is expected to obliterate two illegitimate apartment associations – Jains Coral Cove and Golden Kayaloram – on January 11 as upon the more initial settlement to obliterate the two buildings on January 12. It was initially chosen to obliterate Holy Faith H2O and Alfa Serene on January 11 and the additional two buildings [...] Continue Reading »

Chennai development body to crack down on unauthorized construction

Chennai development body to crack down on unauthorized construction
CHENNAI: The Chennai Metropolitan Development Authority (CMDA) tasked to solve unlawful development in the city has clasped and sealed a maximum of 15 so buildings a year since 2017. This when there are objections about at least 1,000 such illegal buildings scattered over the Chennai Metropolitan Area (CMA), which holds the city proper and neighborhoods in Kanchipuram, [...] Continue Reading »

Pune civic body may waive property tax for specially abled citizens

Pune civic body may waive property tax for specially abled citizens
PUNE: The civic body will abandon tax on property maintained by unfavorably-abled residents. A recommendation for this consequence has been postponed before the standing representative committee of Pune Municipal Corporation. The move is aimed at making life easier for differently-abled people and also spreading awareness about the issues faced by them. The exemption will cover [...] Continue Reading »



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