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Transparency

Delhi and NCR: DDA all set to bring transparency, efficiency and accountability

Delhi and NCR: DDA all set to bring transparency, efficiency and accountability
Bringing transparency, efficiency and accountability in Delhi Development Authority (DDA) is the major focus for Lt Governor Najeeb Jung, the administrative head of the DDA. In a review meeting held today, the LG gave two weeks’ time to the DDA to finalise a restructuring plan in order to bring transparency, efficiency and accountability in the [...] Continue Reading »

DIPP advocates rejig of land acquisition law

DIPP advocates rejig of land acquisition law
The Department of Industrial Policy and Promotion (DIPP) will try redrafting the recently enacted Land Acquisition, Rehabilitation and Resettlement Act after the new government is formed. Amitabh Kant, secretary, DIPP points out that the new (land acquisition) Act is extremely bureaucratic, with the introduction of a social impact assessment. It has very time consuming processes. [...] Continue Reading »

DDA to go online

DDA to go online
In a move to improve transparency and efficiency, The Delhi Development Authority (DDA) is planning to make its payment and financial transactions online within this year. DDA has engaged the consultant Ernst and Young to study processes in all its departments and prepare a request for proposal document. A DDA official pointed out that the [...] Continue Reading »

New realty law to help buyers and builders: CREDAI

New realty law to help buyers and builders: CREDAI
Speaking recently at a workshop organized by Confederation of Real Estate Developers Associations of India (Credai) – National for builders in Pune, Satish Magar, vice-president of the agency said that The Maharashtra Regulatory & Development Act (MHRDA), 2012, is committed to bring more transparency and accountability, thus, helping both builders and property buyers. Magar said [...] Continue Reading »

Realty most visible source for black money in India

Realty most visible source for black money in India
Real estate has been the most visible source for black money as it has never been regulated in India. This is also a hot topic in the India Parliament which opened on November 29, 2012. Other than real estate, black money also involves owners and investors. Black money is present in every step of a real estate project, [...] Continue Reading »

Credai Bangalore aims at affordable pricing in residential sector

Credai Bangalore aims at affordable pricing in residential sector
Confederation of Real Estate Developers Association of India (CREDAI) Bangalore aims to concentrate in quality residential units at affordable pricing. While it offers to cater to a wide segment of customers  at competitive prices, the emphasis always is on reliable and quality products in the real estate sector. The developers’ apex body aims at greater [...] Continue Reading »

Buyers demand transparency from realtors, authority

Buyers demand transparency from realtors, authority
Buyers staged a protest in Greater Noida for lack of transparency in the system as developers were booking houses and plots without getting layout plans approved by Yamuna Expressway Authority. They demanded that the Authority has to upload the status of developers and their projects in their area on their official website. On Wednesday, buyers [...] Continue Reading »

Opposition challenges BBMP budget

Opposition challenges BBMP budget
The opposition leader MK Gunashekar  has said that the Bruhat Bangalore Mahanagara Palike (BBMP) budget for 2012-13 is highly unrealistic and many infrastructure projects planned for this year will not be executed in the BBMP council on Monday. Ruled by BJP, the BBMP has failed to maintain transparency in preparing the budget and the budget [...] Continue Reading »

CREDAI pulls down negatives of developers in Chennai

CREDAI pulls down negatives of developers in Chennai
The Confederation of Real Estate Developers’ Association of India (CREDAI) has recently learnt that the developers and builders in Chennai are hoarding huge posters of their residential projects which does not have approvals from Chennai Metropolitan Development Authority (CMDA). To pull down this negative attitude up kept by the developers, CREDAI has decided to promote [...] Continue Reading »

New real estate show by NDTV

New real estate show by NDTV
“The property show” offering real estate experts advice to all its customers. This property related show will be broad casted by a media biggie NDTV Profit. The show comprises of real estate segments featuring financial, legal and construction advice from well known architects and designers. For the first time in India, NDTV Profit in collaboration [...] Continue Reading »



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