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rajya sabha

Union Govt plans to draft a new Rent Bill for Delhi

Union Govt plans to draft a new Rent Bill for Delhi
With the new Union Government having been asked by the Delhi High Court to clarify its stand on implementation of the amended Delhi Rent Act 1995, the Centre apparently has plans underway to draft a new Rent Bill for Delhi. The Union Government will proceed with the drafting of the new Rent Bill for Delhi [...] Continue Reading »

The government plans to bring property dealers, agents and developers under RERA

The government plans to bring property dealers, agents and developers under RERA
The Centre is planning to make it mandatory for real estate agents to get themselves registered with the proposed real estate regulatory authority (Rera). In the past few years there have been many incidents where property buyers have got duped by agents and brokers and have lost huge sums of money and in many cases [...] Continue Reading »

Vizag realty ready to soar high

Vizag realty ready to soar high
The realty of state may be slowly going down for the people of Seemandhra, but for the realtors there’s no time to be lost. In last 15 days, the sector has seen massive activity with realtors in the Port City stating that the number of enquiries for purchasing property has grown up by nearly 25-30% [...] Continue Reading »

Over 30% infra projects running late

Over 30% infra projects running late
Parliament was informed today that ,Over 30 per cent of the centrally monitored infrastructure projects as on December 1, 2013,have been delayed because of Law and order problems, land acquisition delay, fund constraints and environment clearances . The on-going central sector infrastructure projects costing 150 crore and above are monitored by Ministry of Statistics and Programme [...] Continue Reading »

Over 5,000 DDA flats unallotted

Over 5,000 DDA flats unallotted
The Delhi Development Authority (DDA) has been sitting on more than 5000 flats lying vacant in the city. Residents of Delhi may be waiting for Delhi Development Authority (DDA) to offer new flats, but there are about 5,970 flats lying vacant in the city. These vacant flats are in various categories, including high income group [...] Continue Reading »

Government trying to pass real estate bill, eyes of votes

Government trying to pass real estate bill, eyes of votes
The UPA government is trying hard to get the real estate bill passed in the current session of Parliament. With an eye on the Lok Sabha elections, this populist measure is likely to get a lot of attention from voters. Chairman of the standing committee of Parliament, Sharad Yadav, and Congress general secretary and former [...] Continue Reading »

CCI probes five realty bigwigs

CCI probes five realty bigwigs
New Delhi : The Competition Commission of India (CCI)  initiated an investigation against five prime real estate developers for alleged competitive practice. Around 23 cases were  filed against DLF, Larsen & Toubro, Tulip Infratech, Omaxe and JP Association, as reported to Rajya Sabha  by corporate affairs minister, Sachin Pilot. DLF is filed with 15 more cases and a [...] Continue Reading »

New Parliament building to be finalised soon

New Parliament building to be finalised soon
The government is to take final decision on whether a lookalike of the Parliament building to be constructed near it. The decision will be based on the recommendations of a top parliamentary panel comprising Urban development minister Kamal Nath, parliamentary affairs minister Pawan Bansal, some prominent parliamentarians and leaders of opposition. The move gathered momentum [...] Continue Reading »

‘Parliament might not be shifted to new building’

‘Parliament might not be shifted to new building’
Even as the Central Public Works Department (CPWD) has proposed plots for construction of new Parliament House, government sources said that there was no plan to shift the parliament to a new building. Several MPs, including those from Congress and BJP have also indicated their opposition to shift Parliament to a new building. In a [...] Continue Reading »



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