Punjab
Assocham study reveals that the real estate industry is attracting substantial investments in seven of the 20 top well-performing states even as the property market is facing slowdown. Almost 50 percent of Haryana’s investment is being done in realty sector since December 2011. The services sector accounted for about 34 per cent of its total [...] Continue Reading »
The Punjab and Haryana high court has barred the state government and other agencies from issuing fresh licenses for any construction activity in Gurgaon unless builders gave an undertaking to not draw underground water. Raising concerns about the depleting groundwater level in Gurgaon, the bench asked the state officials to give details of how many [...] Continue Reading »
Punjab is all set to become the first state in the country to start online registration of property and land records. Pilot projects have been undertaken in two districts. The revenue department will soon implement online registration of property and land and Mohali would be the first district in which this project would be implemented [...] Continue Reading »
Yet another story of lack of political consensus coming in way of urban reform surfaces in Punjab when BJP opposes the imposition of property tax in Punjab as drafted by its political ally SAD. Punjab is aiming to generate more revenue to help out the fund starved finance department. As a consequence of BJP’s opposition, [...] Continue Reading »
Punjab realty is going to witness a downward demand for time being till the Assembly elections next month. The elections are going to start on January 30. The residential complexes will be the one to get more impacted by the upcoming elections. The houses are already getting delayed because of late approvals. There has already [...] Continue Reading »
Real estate investment in Punjab is showing a slow pace. DLF experts say that the realty investment may slow down with the upcoming Assembly elections. It all depends on the stability in the political scenarios. Election is the peak time when the real estate investors or buyer tend to get more and more cautious. The [...] Continue Reading »
Punjab government is in a mad rush regularizing all the illegal colonies only because of the upcoming elections. Also, the government is forced to arrange land for the slum dwellers. According to the recent study, the high cost of housing for the poor has become a major concern. Therefore real estate in Punjab has claimed [...] Continue Reading »
Lack of sewerage treatment plants in Punjab has lead residents illegally dump around 1,250 million litre of sewage. This 60 percent of sewage which is illegally dumped is being a threat to environment in the state. An academic study revealed a fact that untreated municipal sewerage is being disposed in rivers. Ludhiana and Chandigarh are [...] Continue Reading »
Punjab and Haryana high court has directed the Haryana state government to cancel around 1.6 lakh Below Poverty Line (BPL) cards. According to the data collected from the government authorities, these cards have apparently been issued to ineligible individuals in the city. High court has passed orders to take rigorous action against the officials responsible for [...] Continue Reading »
Chandigarh adds on to the lists of green cities in India. So has it enliven with green parks and gardens all around the city. Meanwhile the state government has witnessed illegal encroachment of these government owned parks and gardens. However the judges of the Punjab and Haryana high court have decided to bulldoze off these [...] Continue Reading »
