Latest Realty News

Land pooling: AP advised to involve private firms
Oct 06, 2014
The Andhra Pradesh government, which is exploring various systems of land pooling for building its new capital city, has been advised to assign the task of holding negotiations with farmers to private agencies
City's new development plan to be transport-centric
Sep 30, 2014
Surat Urban Development Authority (SUDA) will adopt a transport-oriented pattern for its new development plan and promote taller buildings
PMC seeks legal aid to save land reserved for timber market
Sep 30, 2014
Despite inordinate delay on part of the Pune Municipal Corporation (PMC) to implement all the land reservations earmarked in the 1987 development plan, the standing committee has decided to deploy a battery of lawyers to protect a 57-acre reserved plot on Satara Road from getting converted into a residential zone
Committee constituted for change of land use
Sep 30, 2014
The Municipal Administration and Urban Development (MA&UD) department has constituted a committee for considering change of land use cases
Stop-work notice to green belt building with 718 flats
Sep 25, 2014
The Noida Authority served a notice to developer Horizon Concept Group for building a 14-storey housing project on a green belt in Sector 86, asking it to immediately stop construction work
Sector 86 building on green belt, sealed
Sep 24, 2014
Future of hundreds of homebuyers in Sector 86 hangs in the balance after Noida Authority and UP police sealed an under-construction 14-storey building
Buyers cry foul as promoter plots close to HT lines unusable
Sep 24, 2014
Buyers of plots at Vatika India Next project in Sector 83 alleged the developer is promoting the project on the basis of an outdated layout plan
DDA hikes FAR for plots over 750 sq m
Sep 20, 2014
The Delhi Development Authority (DDA) is planning to go to court to allow for an increase in dwelling units in plots of 750 sq m and above
DDA relaxes conversion norms
Sep 19, 2014
In a major relief to property owners in the city, DDA has further liberalized the conversion norms. As per the new rules, even properties without a sanctioned building plan can be converted from leasehold to freehold
MCG chief in panel to approve building plans
Sep 19, 2014
Building plans for plots will now be sanctioned by a new committee formed by the Urban Local Bodies department. The committee includes the chief town planner, senior town planner and MCG chief engineer among others
Draft Proposal to Make Delhi Buildings 'Green'
Sep 18, 2014
The developers in the national capital will henceforth be required to ensure the setting up of ground water recharge system through rain water harvesting, recycling waste water, sewage treatment plant and solar heating systems in buildings constructed on plots measuring 3,000 sq m or more, according to the guidelines for ‘green’ buildings proposed in Master Plan of Delhi-2021
Green houses may soon get incentives
Sep 17, 2014
Green buildings in Delhi can soon expect incentives for incorporating eco-friendly design features
State tables demand for 20 smart cities
Sep 13, 2014
Bihar today urged the Centre to include its 20 towns in Prime Minister Narendra Modi’s flagship scheme of developing 100 smart cities
No space for feet on Safdarjung Development Area footpaths
Sep 12, 2014
Their roads and pavements are wide, but the residents of Safdarjung Development Area avoid walking on them due to the widespread encroachment
City Masterplan to Focus on Inclusive Growth
Sep 12, 2014
A vital city of the state with strong economic base and excellent quality of life, offering outstanding competency in residing, investing and holidaying”, reads the concept statement of the master plan (Development Plan for Kozhikode 2011-2031) being prepared for the city and its neighbouring areas
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
BDA to set up four divisional offices in Bhubaneswar
Sep 10, 2014
The Bhubaneswar Development Authority (BDA) on Tuesday decided to set up four divisional offices for faster delivery of services such as building plan approval
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
NMC preparing new development plan for Nagpur
Sep 09, 2014
Nagpur Municipal Corporation (NMC) has begun preparing a new development plan (DP) for the city. It will replace the existing DP five years before it is due owing to large scale changes that have taken place
Building, layout permissions to be given online
Sep 08, 2014
Permissions for construction of buildings and layouts would be given online in Andhra Pradesh, Municipal Administration Minister P.Narayana announced
BDA Show-cause to over 400 Architects
Sep 08, 2014
Bhubaneswar Development Authority (BDA) recently issued a show-cause notice to all its empanelled architects for failing to submit periodic progress reports of building plans of high-rise structures in the City
Draft Patna Master Plan Lacks Teeth: Narendra Kumar
Sep 08, 2014
Patna: Bihar’s real estate sector is plagued by many loopholes. Absence of clear-cut EWS housing policy with lack of visibility from the government’s end to provide affordable housing mars the already beleaguered sector in the state. Even the Draft Master Plan got recently released is not up-to-mark, says Narendra Kumar, President, CREDAI-Patna.
130% increase in cost of new development plan for Mumbai, thanks to delays
Sep 06, 2014
An over 130% cost escalation for the preparation of the new development plan (DP) for the city was disclosed on Friday, with the burden on the exchequer rising to Rs 12.83 crore from Rs 5.48 crore
Patna Municipal Corporation orders demolition of illegal parts of 3 buildings
Sep 05, 2014
The Patna Municipal Corporation (PMC) has decided to demolish illegal parts of three buildings within a month. PMC commissioner Kuldip Narayan pronounced the order on Thursday after hearing vigilance cases against illegal highrise buildings in the city
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

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