Urban development ministry
The real estate bill proposed many provisions, but provisions like penalty and even jail to builders for not fulfilling their promises, are opposed. Even builders are demanding to exclude commercial properties from Real Estate (Regulation and Development) Bill, 2012. Now with interference of Urban Development Ministry, the real estate bill may have these changes which [...] Continue Reading »
New-Delhi- Delhi will now go vertical by tripling the floor area ratio (FAR) from the present 200 to 600. The planning body of the city will now make the houses of the poor and the middle class go vertical due to the growing housing shortage. The urban development ministry administering the city’s civic urban planning [...] Continue Reading »
New-Delhi- In the light of the upcoming elections, the Delhi Government has decided to start developmental work on the 91 unauthorized colonies which had encroached the land belonging to the Archaeological Survey of India (ASI) and forest department. As per an official from the Urban Development Ministry, the government has given a nod to the [...] Continue Reading »
New Delhi- The upcoming budget session will have the real estate bill tabled without any changes. It is said that the ambit of the bill excludes the sale of space for commercial purposes like offices or shops. Due to a tug-of-war between Ajay Maken’s housing ministry who is piloting the bill and Kamal Nath’s urban development ministry who [...] Continue Reading »
East Delhi Municipal Corporation (EDMC) is to send property tax notices to over six lakh properties under its authority as it is having a financial crunch. The corporation did not have a database on the number of properties liable to pay taxes in East Delhi, therefore, it turned to power discoms and the data received was shocking. [...] Continue Reading »
The Urban Development ministry has sanctioned a major residential-cum-commercial complex project at Mehrauli in South Delhi. 500 luxurious apartments will be constructed in the project by the National Buildings Construction Corporation (NBCC). The projected cost of all the apartments will be from 4 crore onwards. All modern amenities will be made available in the project. [...] Continue Reading »
The Urban Development Ministry has proposed to increase the property taxes in Mumbai Municipal area. The ministry planned to increase the funds for the development of Urban infrastructure. Though the idea of investing more in urban infrastructure is appreciable, the outcome of increasing tax will make the houses unaffordable for the residents of metro cities. [...] Continue Reading »
The Commonwealth Games flats will soon be allotted to state and central government departments. The Delhi Development Authority with the approval of urban development ministry will be heading this project. In total there are 1168 flats at Commonwealth Games village (CWG) in which around 711 belongs to Delhi Development Authority (DDA). The DDA flats are [...] Continue Reading »
The Urban Development Ministry in Delhi has been asked to recheck the regularization fee for all the residential buildings. Municipal Corporation of Delhi (MCD) has passed these orders, as it recently learnt that around 80 percent of the residential buildings in the state are illegally constructed. The maximum Floor Area Ratio (FAR) of a building [...] Continue Reading »
Delhi, one of the most populous and urban cities in India is in shortage of spaces for residential and commercial purpose. Keeping the living spaces need in mind, urban development ministry has affirmed that agricultural land has to be used for the developing projects. This realisation came into picture while framing the Delhi’s Master Plan [...] Continue Reading »
