land scarcity
Delhi: The Delhi Development Authority (DDA) has approved the proposed ‘land pooling’ policy, presenting a new hope that would speed up the process of development of the nation’s capital. Ever since the implementation of the first Master Plan of Delhi 1961, the DDA started acquiring large chunks of land, develop residential or commercial properties on [...] Continue Reading »
Kolkata- Developers believe that Kolkata is likely to see a large number of small residential projects in areas like Diamond Harbor, Rajarhat, E M Bypass, Garia and Kona Expressway over the next one or two years. They expect that, owing to land scarcity, though Kolkata may not get big housing projects, availability of small land [...] Continue Reading »
While the government of India forcing leading real estate developers to cater to the needs of buyers of economically weaker section (EWS) through developing affordable housing projects, the developers are concerned about the loss of incentives for being in the business of building affordable houses. Developers claim that there is no difference in the amount [...] Continue Reading »
The Secretariat Colony in Puppalguda has turned in to a hub of illegal apartments. A group of Secretariat employees have bought vacant plots and even independent homes in this area about two decades ago, are now redeveloped into commercially viable multi-storied projects which largely caters the middle-class buyers. Hyderabad Metropolitan Development Authority (HMDA) officials said [...] Continue Reading »
