Latest Realty News

New Law Will Land a Blow on Grabbers: Jail up to 7 Years
Sep 29, 2014
Land sharks beware! For, grabbing government land will soon attract a prison term ranging between one and seven years along with a penalty
Land Records to be Digitised
Sep 29, 2014
Land records would be computerised and all the land related cases digitised in 10 Southern Odisha districts
Builder Held
Sep 29, 2014
A City-based builder was arrested by Nayapalli police here on charges of duping one of his customers of Rs 12.5 lakh
Idco scraps land deal with Lanco Solar
Sep 27, 2014
The state’s nodal agency for land acquisition Odisha Industrial Infrastructure Development Corporation (Idco) has scrapped the land allotted to Lanco Solar Pvt Ltd for setting up of a solar power plant
Odisha sets ball rolling for land bank creation
Sep 26, 2014
The state government has set in motion the task to create land bank of 50,000 acres for industrial and public purposes
Odisha mulls anti-land grabbing law with 10 years jail term
Sep 26, 2014
The Odisha government plans to introduce a stringent law soon to prevent government land encroachment which will have provision of rigorous imprisonment for offenders of such crimes
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
More Land for Infra Corridor Sought
Sep 26, 2014
IDCO has sought administrative approval for acquisition of 476.51 acres of private land in 11 villages of Angul district for extension of the main corridor as part of the common infrastructure corridor project in Talcher coalfields
Woman alleges land grab with fake deed
Sep 25, 2014
A 45-year-old woman and her family members lodged a complaint with the economic offences wing, alleging usurping of 45 acres located at Mahura Mouza in Khurda district
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
Probe into Land Scam Begins
Sep 23, 2014
Additional Chief Secretary of Revenue Taradatt reached Dharmasala tehsil in the district to probe the land scam and verified several documents in this regard
Scams hit real estate prospects in Bhubaneswar
Sep 23, 2014
Recent developments in land and chit fund scams have worsened miseries of the real estate industry in the city
Stock broker, realtor held by CBI in AT chit fund scam
Sep 22, 2014
The Central Bureau of Investigation (CBI) today arrested a real estate developer and a stock broker in connection with the Artha Tatwa (AT) Group chit fund case
More land grabbing cases under Odisha govt lens
Sep 22, 2014
The land grab at Ghangapatna, on the outskirts of the city, may not be an isolated case. The state government has started preliminary inquiry into suspected encroachment on government plots at nearby Malipada and Gothapatna villages
Govt attaches chit fund cos land
Sep 21, 2014
The state government took possession of over 12 acre in Ganjam district belonging to two chit fund companies, Artha Tatwa (AT) and Golden Land Private Limited
Government relaxes patta norms for flat sale
Sep 20, 2014
Ending the six-month deadlock over transaction of flats, the state government on Friday relaxed registration norms for apartments during purchase. From now on, record of rights (ROR), called patta in local parlance, would not be a prerequisite
KV daughter loses Ghangapatna land
Sep 19, 2014
The BJP state unit is facing embarrassment after the state government has taken back the land, owned by its president K.V. Singh Deo’s daughter, at Ghangapatna, claiming that the land belonged to the government
Artha Tatwa Group scam: CBI on lookout for land sharks
Sep 19, 2014
CBI is hot on the trail of some land sharks, owing allegiance to influential politicians in Khurda and Ganjam districts, for facilitating Artha Tatwa (AT) Group chief Pradeep Sethy to buy land at inflated prices
Legal hurdle to recover government land
Sep 19, 2014
It may become a longdrawn legal process before the state government could retrieve land grabbed by influential persons at Ghangapatna, on the outskirts of the city
'Idco spent 20L to defend industrial plot worth 8L'
Sep 17, 2014
The state-owned Odisha Industrial Infrastructure Development Corporation (Idco) has spent over Rs 20 lakh towards legal expenses to defend its decision to allot a plot for Rs 8 lakh to a small-scale industry in Rourkela
BDA flouts building norms: Audit
Sep 13, 2014
The Bhubaneswar Development Authority (BDA) flouted its own building norms and showed undue favours to developers for construction of eight high-rises in the city, a latest draft audit note by accountant general (general and social sector) said
Law to take on land grab soon - Govt move follows string of scams
Sep 12, 2014
A string of land related scandals has rocked the state and continues to give its chief minister, Naveen Patnaik, sleepless nights
Odisha's Idco trashes CAG report on land mortgage
Sep 11, 2014
The state’s nodal land acquisition agency Odisha Industrial Infrastructure Development Corporation (Idco) has hit back at the Comptroller & Auditor General of India (CAG), trashing its report on irregular land allotment to industries
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
Lens on Artha flat ‘owners’
Sep 11, 2014
The Central Bureau of Investigation (CBI) is now trying to identify influential people, who have taken flats from the Artha Tatwa (AT) group

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