Union Urban Development Minister Venkaiah Naidu
The Urban Development, Housing & Urban Poverty Alleviation Minister M. Venkaiah Naidu on Friday mentioned in New Delhi that the BJP Government is set to bring out a revised Bill to regulate the real estate sector. Naidu did not give details about the contours of the Bill, however mentioned that the earlier Bill has lapsed [...] Continue Reading »
In view of the increasing rate of building collapse incidents, Urban Development Minister M Venkaiah Naidu today spoke in favour of incorporating in the law certain provisions which would hold responsible officials concerned, when such accidents occurred due to negligence on their part. He spoke with reference to the cases in Delhi and Chennai. He [...] Continue Reading »
On Thursday the Urban development minister M. Venkaiah Naidu stated that the government will open a third party escrow account to fund affordable housing in the country. This account will be responsible for collecting taxes and other charges that are levied on materials such as cement and steel in the housing industry. This account will generate revenue [...] Continue Reading »
The government will now make decisions at a faster pace since the UPA term has come to an end. The Finance Minister will now take calls on the pricing of any of the public sector firm’s stake sale. The coal and power minister on the other hand, Piyush Goyal has decided to solve all those [...] Continue Reading »
The government is speculating over introduction of a fresh Bill to replace the Delhi Apartment Ownership Act, 1986. The Union Urban Development Minister Venkaiah Naidu discussed this issue of the concerns of apartment owners in the city with the Delhi Members of Parliament in a meeting and assured that the problems of the owners of apartments [...] Continue Reading »
