State government
The AP government has ordered to stop a suspected land grabbing attempt on the basis of a 200 year old gift deed. The land is said to be an ‘abadi’ land, a common property of the village. Anil Chandra Punetha, the principal secretary of registration, has stayed an order issued by former chief commissioner of [...] Continue Reading »
Local developers show mixed reactions as the revised government order (GO 245) on affordable housing issued by the Municipal Administration and Urban Development (MAUD) department on Saturday. While developers lauded the state government for exempting projects measuring up to 5 acres from the EWS/LIG clause, they rued its decision to lay separate guidelines for the [...] Continue Reading »
Realtors of India are pretty sure that the housing prices will not fall in the near future even after the economy’s downfall. It is a fact that due to the delay by the state government there is pressure on the developers but such delays affect the cost for developers. According to a research made by [...] Continue Reading »
The state government has issued a notification regarding nominating 16 persons to the Bruhat Bengaluru Mahanagara Palike (BBMP) council on Thursday. The nominations have been made on the basis of constituency. All the nominees are senior BJP workers and followers of MLAs and ministers, BBMP sources said. Most of the nominees did not succeed in [...] Continue Reading »
The Bruhat Bangalore Mahanagara Palike (BBMP) is expected to repair major roads in Bangalore city measuring a total of 73 km at a total cost of 200 crore. This project has come as a joint venture between BBMP and the state government Tender SURE (Specification for Urban Road Execution). The cost will be shared equally between [...] Continue Reading »
The Legislative Assembly of Andhra Pradesh had passed the Act for regulating promotion of construction and sale of apartments in multi-storied buildings in Hyderabad and other areas of the state on ownership basis. This regulation will provide transferability and heritability by the individual purchaser of not only the apartment concerned but also the fractional interest [...] Continue Reading »
The Madras High Court on Monday gave six weeks’ time to the State government to amend the Tamil Nadu Town and Country Planning Act for dealing with illegal constructions. The government has conveyed to the court its intention to amend various sections of the Act, relating to effective enforcement action and for providing solution to [...] Continue Reading »
The state government has proposed to give 2.5 floor space index (FSI) to dilapidated buildings in the Mumbai Metropolitan Region. With this decision the builders will get the chance to construct more apartments, which will definitely increase the supply of the properties in Mumbai region. The government officials have confirmed that the decision to give [...] Continue Reading »
As the state government of Maharashtra has proposed a hike in the stamp duty of the property transaction, the buyers of the residential and non-residential properties in Mumbai will have to pay a five per cent stamp duty on the market value of the property. Earlier, the stamp duty in Mumbai was charged at Rs [...] Continue Reading »
The residents of Orissa are asked to save water as the government has planned a new tariff for the water usage in the state. According to the bill, the tariff will be increased by 3 percent every year. The government has also decided that telescopic tariff will be levied on all categories of consumers. For [...] Continue Reading »
