Many hurdles to dedicated capital corridor project
Sep 07, 2012
Source : The New Indian Express


Even as the Tourism and Culture Department is contemplating to create a heritage corridor comprising tourism sites between the Temple City of Bhubaneswar and Pilgrim City of Puri, work on a dedicated corridor project for tourism development within Bhubaneswar is moving at a snail’s pace.
This tourism corridor project is a part of the mega-tourist circuit for which the Centre had sanctioned ` 8.14 crore.
In 2010, the State Government had sanctioned the proposal of building a dedicated tourism corridor to link all the tourist sites in Bhubaneswar having religious and architectural significance. However, full-fledged work on it is yet to be taken up. The Capital city has 600 temples, including Buddhist and Jain shrines. The proposed corridor aimed at linking all important sites with Old Town is at the heart of this corridor.
It was proposed that the Old Town area will have a 40-foot road near the Lingaraj temple connecting Kotitirtheswar Lane and a proposed three-acre parking site. Later, the same road will be extended up to Kedar Gouri temple to facilitate smooth movement of tourist vehicles. Similarly, a ‘parikrama’ was planned around the Lingaraj temple. Sources in the Tourism Department said while work on ‘parikrama’ is on, construction of these roads has not started due to encroachments. “Until and unless the encroachments are removed, no work can be initiated,” said an official. As a part of infrastructure development to connect Buddhist and Jain sites, an amphitheatre was planned opposite Madhusudan Park in Pokhariput and a flyover at the railway level-crossing in the area.
“The plan for amphitheatre is ready and the State Government has asked Bhubaneswar Development Authority to implement the project. We have approached the government to lay the foundation stone of the project this month. Similar is the case with the railway level-crossing flyover at Pokhariput. Once the flyover is commissioned, the road from Dhauli to Khandagiri will become a vital link to various religious centres,”  said Ashok Panda, MLA.

Latest Realty News

Housing in Gujarat may become costlier'
Sep 07, 2012
Ahmedabad: Housing projects in Gujarat may become costlier by 10-15 per cent if rising input costs of material and labour are not reined in in time, the Gujarat Institute of Housing & Estate Developers (GIHED) which represents the construction fraternity said today. The GIHED has sought government's intervention to check the spiralling prices of cement, which they say have risen by Rs 70-85 pe
Land survey to get tech edge
Sep 06, 2012
BHUBANESWAR: Land survey and settlement in the state is going to become hi-tech. The Assembly passed the Odisha Special Survey and Settlement Bill, 2012, on Tuesday after debating it for four days. The Bill states that it shall be deemed to come into force on July 12, 2012. According to the proposed legislation, "survey of a revenue village may be carried out by applying modern technology inclus
Housing projects in Hyderabad decline 75 per cent
Sep 06, 2012
Hyderabad: New residential project launches in the city declined by nearly 75 per cent to 1,500 units in the first half of 2012 over the year-ago period, according to a report by real estate consultant Cushman & Wakefield (C&W). "The total number of new residential units launched was approximately 1,500 units in first half of 2012 compared to over 6,000 new project launches during the same period
Panic among flat buyers as builders send VAT payment notices
Sep 04, 2012
Even as confusion prevails over Value Added Tax (VAT) on property purchased between June 20, 2006 and March 31, 2010, there is panic among flat buyers who have, over the last few days, received notices from developers asking them to pay arrears. While most are not sure about the quantum of payment, others are wondering where they will arrange funds from. A section of flat buyers is also contempla
Developers don't find affordable homes 'affordable'
Sep 02, 2012
Developers could not find the model of affordable housing viable as they used same resources for premium projects and due to rise in cement and steel prices During the slowdown of 2008 and 2009, many big and not-so-big property developers had caught on to the ‘affordable’ phenomenon like never before. Realtors including DLF, Unitech, Tata Housing, Omaxe, Puravankara and Usha Martin, had all ru
Real estate slump hits Punjab stamp duty revenue
Sep 02, 2012
Slowdown in the real estate sector is casting its shadow over Punjab’s revenue collection from stamp duty and registration fee. In the first five months (April-August ) of the current financial year, the state witnessed a decline of 15 per cent in receipts, compared to the same period in the previous financial year. State government data reveal that revenue collected from stamp duty and regist
Regularised, but a lot remains irregular
Sep 01, 2012
In a matter of days, over 40 lakh residents in the Capital are set to acquire a cartographic and legal footprint of their existence with the Delhi government’s decision to regularise over 900 unauthorised colonies in the city. A primary campaign promise in the run up to the assembly elections in 2008, Chief Minister Sheila Dikshit had sworn to regularise more then 1, 600 unauthorised colonies.
Andhra Pradesh gets new land allotment policy
Sep 01, 2012
Hyderabad: After months of delay, Andhra Pradesh government this evening approved the new `Land Allotment Policy-2011' that is expected to put an end to indiscriminate allocation of land. The government was forced to frame the new policy as the allotments made during the tenure of former Chief Minister Y S Rajasekhara Reddy were caught up in scandals. There were allegations that lands were
Revisit SEZ policy to prevent misuse: Parliamentary panel
Aug 31, 2012
NEW DELHI: A Parliamentary panel today suggested the government should revisit the special economic zone (SEZ) scheme to plug loopholes and prevent its misuse. The report of the Public Accounts Committee (PAC), tabled by its chairman Murli Manohar Joshi in the Lok Sabha, said absence of mandatory exports in the SEZ Act has led to misuse of the scheme. The Committee, however, said there is
HUDCO re-enters home loan business
Aug 31, 2012
State-run Housing and Urban Development Corporation (HUDCO) today said it has restarted lending for home purchases by launching a "competitively" priced product. The corporation, mandated with affordable housing and urban development, will be offering home loans at a floating rate of 10.20% for loans up to Rs 25 lakh, its regional office in the city said in a statement today. The interest r

Latest Realty News Of State

Realty Talk's