KDA to develop residential townships
Each township would be developed on 25 acres of land. In each township, 10% houses would be for economically weaker sections and 10% for low income groups. The cost of those houses would be between Rs 5 lakhs to Rs 10 lakhs
Sep 06, 2014
Source : The Times of India
Kanpur Development Authority


KANPUR: Integrated townships would be developed on outskirts of the city soon. This decision was taken in a meeting which was attended by the divisional commissioner and KDA vice-chairman.

Each township would be developed on 25 acres of land. In each township, 10% houses would be for economically weaker sections and 10% for low income groups. The cost of those houses would be between Rs 5 lakhs to Rs 10 lakhs.

Meanwhile, KDA had floated tenders for building construction in Shatabdi Nagar phase-IV. The authority would construct 2,256 EWS, 736 LIG and 1,216 MIG buildings. According to executive engineer S K Srivastava, KDA had floated tenders for construction of EWS and LIG flats at Jawharpuram Extension, Gangaganj and Shatabdi Nagar Phase III. Tenders would be finalized by the end of this month and thereafter work would begin at sites.

KDA would make available around 10,000 plots for residents. KDA would develop more than 1,000 residential plots at Chakeri and Rooma. After correspondence with state officials, KDA had sent a proposal to the state government for land conversion at Chakeri and Rooma. KDA had identified around 31 hectares of land in two villages.

Latest Realty News

MoEF Pushes States to Set up Land Banks to Expedite Green Clearances
Sep 06, 2014
To minimise the delay in granting clearance to forest diversion proposals for infrastructure projects, the Ministry of Environment and Forests (MoEF) has issued an advisory to all the states asking them to set up a land bank of degraded, non-degraded and non-forest land so that projects are not held up on account of the search for non-forest land to carry out compensatory afforestation
Builder, aide involved in flesh trade arrested
Sep 06, 2014
A businessman dealing in real estate and his associate, who were reportedly using the sample flat of their own apartment for some 'fun' were nabbed by the police on Thursday evening along with a girl
Reverberations in Goa from China’s property market collapse
Sep 06, 2014
Bankers and investors around the world are extremely nervous these days—the latest data from China indicates an increasingly bleak scenario is rapidly accelerating into focus.China's property market is teetering on the brink of disaster.
Tata Value Homes sells 85 flats on Snapdeal within a week
Sep 05, 2014
E-commerce is no longer limited to apparels, gadgets and white goods — consumers are even buying houses over the internet. Tata Value Homes, a subsidiary of Tata Housing Development Company, for instance, sold about 85 flats on Snapdeal within a week of putting some of its projects online
Indian real estate market saw significant change during 2005-14: Report
Sep 05, 2014
Indian real estate market witnessed a significant change in the last decade mainly backed by opening up of FDI in the sector and shift in preference to high-rises over traditional low-rise structures, according to a report
Fixed-rate home loans back
Sep 05, 2014
ICICI Bank has brought back fixed-rate mortgages. The bank is offering home loans up to 10 years at a fixed rate of up to 10.25%, which is close to 10.15% it charges its floating-rate customers
Now, textile major Arvind aims to be real estate brand too
Sep 05, 2014
From being synonymous with the words like ‘denim’ and ‘textiles’, brand Arvind is on its way to establish itself as a formidable real estate brand too
Chief Ministers' Conclave on Housing on Sep 12
Sep 04, 2014
A special comclave of chief ministers is to be held in the national capital Sep 12 to push the agenda of housing for all by 2022, said the National Real Estate Developers' Council (NAREDCO) here
Luxury homes in Pune beat affordable ones in demand
Sep 04, 2014
The city's high-end residential segment has shown a smart 39% rise in capital value in the 2011-14 period — the highest any market has shown in the country, a report by real estate advisory company Cushman & Wakefield has said
134 licences issued to builders in three months before polls
Sep 04, 2014
With the model code of conduct set to kick in anytime, the Haryana state government seems to be in a hurry to issue licences to builders

Latest Realty News Of State

Realty Talk's