M Venkaiah Naidu
Floor area ratio (FAR) norms have been increased for residential plots in Delhi by ministry of Urban development. In technical terms, Floor area ratio can be defined as the total floor area of the building to the area of the land on which this construction has been done. An expected move This move by the [...] Continue Reading »
Industrialist Prakash Hinduja commented on the process of India’s economic recovery saying that infrastructure is the key element and efforts must be taken by the government to fast track the various projects in this sector. This will send positive signals to investors for more projects in the future. India’s lumbering economy requires a much needed [...] Continue Reading »
With the fresh elections in Delhi emerging as a big possibility, the BJP legislators are eyeing unauthorised colonies as a potential vote bank. Last Monday, several numbers of BJP MLAs and councillors held a meeting with the officials of the urban development department and the municipal corporations. The delegation demanded that residents whose colony falls [...] Continue Reading »
The Real Estate (Development and Regulation) Bill will not seek to strangulate the sector, Minister of Housing & Urban Poverty Alleviation M. Venkaiah Naidu said on Friday. The proposed Bill, which aims to protect consumer interest and introduce standardisation in business practices and transactions in the sector, will be presented in the Winter Session of [...] Continue Reading »
Prime Minister Narendra Modi dreamt of it, housing for all by 2022. His cabinet colleague, union minister of urban development, housing and urban poverty alleviation, M Venkaiah Naidu, resolved to take it forward and developers have not just lapped up the idea but are positively bullish about it. But ask sector analysts and they could [...] Continue Reading »
Union Urban Development Minister M Venkaiah Naidu today said Vijayawada and Visakhapatnam in Andhra Pradesh would be developed as ‘smart cities’. He also said that Vijayawada, Guntur and Tenali would be provided Metro rail services. Notably, the state government had recently announced that the new capital of Andhra Pradesh would be located “around Vijayawada“. As [...] Continue Reading »
On Thursday the Minister of Urban Development M Venkaiah Naidu announced that The guidelines for the Government’s flagship scheme ‘100 smart cities‘ are in advanced stage of finalisation. Most of the state capitals will be included in this flagship program. All the states were directed to finalise a list of cities in their respective states [...] Continue Reading »
The Indian Chamber of Commerce and Industry, Coimbatore (ICCIC) has sought the help of the Union Minister of Urban Development in improving the transport infrastructure in Coimbatore. They stated that the transport infrastructure in Coimbatore plays a key role in the economy of the region. The Union Minister for Urban Development, Housing and Urban Poverty [...] Continue Reading »
The Union Government will introduce Real Estate Development Regulatory Bill in the winter session of the Parliament. This is aimed to reign-in the unscrupulous builders who escape the responsibility of providing promised facilities to the property buyers. The Union Minister for Urban Development and Parliamentary Affairs M. Venkaiah Naidu stated that a proper law was needed [...] Continue Reading »
The Government is keen on introducing the Real Estate Development Regulatory Bill in the winter session of the Parliament. This bill is expected to bring some relief to the home buyers who are taken for a ride by the real estate developers. The Government is set to crack the whip on unscrupulous builders who put [...] Continue Reading »
