Latest Realty News

BMC to lease out spaces in markets
Oct 31, 2014
Bhubaneswar: The municipal corporation has decided to lease out its share of space to traders and business houses after it failed to sell them
Committee searches for encroached plots
Oct 16, 2014
Six squads under the newly formed Central Enforcement Monitoring Committee have identified 55 encroached government plots in and around the city within two weeks
Govt Issues Order on Land for Industrial Estate, 2nd Airport
Oct 01, 2014
The State Government has asked Khurda district administration to identify 10,000 acres of land for establishment of an industrial estate
Demolition drive for bigger highway
Sep 26, 2014
An eviction drive was carried out between Jayadev Vihar and Vani Vihar on the NH-5 to recover government land for laying sewer lines and expansion of the national highway
Land hurdle for BMC office
Sep 24, 2014
The municipal corporation’s plan to build a multi-storeyed office complex at Madhusudan Nagar has hit a hurdle with the office of the accountant general (AG) claiming that the 1.95 acre land had earlier been allotted to them
HC: Tenancy row cannot halt razing of shaky buildings
Sep 19, 2014
A tenancy dispute cannot be a reason to halt the demolition of a dangerously dilapidated building, the Bombay high court has ruled
BDA whip on truant builders
Sep 11, 2014
Real-estate developers engaging in unethical practices and making false promises will find themselves in trouble as the development authority has decided to stop the practice of conditional approval of building plans
City Encroachments Razed Amid Protest
Sep 11, 2014
Amid fierce protest by the locals, civic authorities demolished about 60 permanent structures encroaching on a stretch of road in GGP Colony here on Wednesday
Pay 1% of project cost to get building plan approved: BMC
Sep 09, 2014
Real estate developers have to deposit one per cent of the project cost to Bhubaneswar Municipal Corporation (BMC) in advance so that the civic body may build infrastructure such as drains, streetlights and roads
State govt renames holding tax, changes valuation method
Sep 09, 2014
Bhubaneswar: With a view to augmenting the tax base, the state government on Monday decided to replace levy of holding tax with property tax in urban areas and also change the manner in which such tax is calculated
Govt to compensate evicted slum folk
Sep 04, 2014
The state government will provide Rs 2,000 compensation a month to slum dwellers, who will be evicted to make way for houses to be constructed under Rajiv Awas Yojana (RAY). These houses will be handed over to them
'Builders lobby halting abattoir project'
Sep 02, 2014
Mayor Anant Narayan Jena on Monday said some builders were behind the opposition to a proposed abattoir at Gadkana here, two days after some groups demolished the boundary at the project site
BMC Launches Eight Projects on Self Government Day Eve
Aug 31, 2014
Housing and Urban Development (H&UD) Minister Pushpendra Singhdeo on Saturday inaugurated eight projects in the Capital on the eve of Local Self Government (LSG) Day of Bhubaneswar Municipal Corporation (BMC)
Civic Bodies Directed to Ensure Friendly Buildings
Aug 21, 2014
Promoting accessibility for all, State Government has directed the civic authorities to incorporate barrier-free facilities in all the public buildings on a priority basis
BMC to Take Possession of Project Land
Aug 16, 2014
The Housing and Urban Development Department has authorised Bhubaneswar Municipal Corporation (BMC) to take physical possession of land required for several projects
Misuse of residential plots under scanner
Jun 24, 2014
BHUBANESWAR: The state government has asked Bhubaneswar Development Authority (BDA) and Bhubaneswar Municipal Corporation (BMC) to probe alleged misuse of residential plots for commercial purposes.
1-4% rebate on property tax for early birds
May 08, 2014
MUMBAI: The Brihanmumbai Municipal Corporation (BMC) has decided to give rebate in the property tax bills of people who pay early.
Four weeks to study Campa Cola documents
Mar 11, 2014
MUMBAI: Attorney general Goolam Vahanvati appearing for the BMC sought four weeks from the SC to study the land title and conveyance documents submitted by Campa Cola residents who have filed a review against their eviction order.
Residents of Campa Cola resubmit documents to the BMC
Feb 25, 2014
MUMBAI: Residents of Campa Cola compound on February 20 submitted all relevant documents to Brihanmumbai Municipal Corporation (BMC) to find a solution to the ongoing issue arising out of orders to demolish their homes.
Building block
Feb 11, 2014
MUMBAI: Over the last two months, Mumbai’s municipal commissioner Sitaram Kunte has sent back file after file because the buildings they propose do not meet a specification for open spaces ruled mandatory by a recent Supreme Court order.
Buildings rise, facilities wait
Jan 15, 2014
Bhubaneswar, Jan. 15: Lodged on the outskirts of the city and along NH-5, the sleepy village of Pahala — famous for its mouthwatering rasgullas — has turned into a mega business centre.
‘Include slum population in DP’
Jan 14, 2014
MUMBAI: More than a dozen social welfare groups and slum representatives demanded a more inclusive process for slums in the city’s Development Plan (DP) in a public meeting with BMC Saturday.
BDA Moots Joint Site Inspection Team
Dec 16, 2013
BHUBANESWAR: Getting building approval will become more stringent as Bhubaneswar Development Authority (BDA) moots establishment of a joint site inspection team.
BMC wants evidence to register complaints about illegal buildings
Nov 28, 2013
MUMBAI: If you want to complain to the BMC about illegal constructions, you’ll now have to submit evidence too.
Apex court stay on demolition gives temporary relief
Nov 14, 2013
MUMBAI: Dozens of packed boxes scattered around and two corners full of toys of their three-year old grand-daughter Sanvi left untouched arewhat greets you when you first enter the home of Dr Pramod D Potdar on the 8th floor of the midtown building in the Campa Cola building complex.

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