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MP-2031: Gurgaon-Manesar to house 21 lakh more people
Aug 23, 2013
DELHI: Gurgaon-Manesar is one of the fastest growing cities in the country. The new Master Plan-2031, which merged Gurgaon and Manesar, expands the existing city to create more residential property units, social infrastructure like schools, hospitals, playgrounds, and physical infrastructure.
CREDAI chief appeals for high power realty committee for major projects
Aug 21, 2013
MUMBAI: Citing the inordinate delay in obtaining approvals for projects that is stalling growth of the real estate sector and also the economy of the country, Lalit Kumar Jain, Chairman CREDAI and CMD, Kumar Urban development Ltd, urged the Union Government to form a high power realty committee to accelerate big ticket realty projects worth between Rs.200 Cr and Rs.1000 Cr.
JNNURM period extended for two more years
Aug 21, 2013
DELHI: The Government (Ministry of Urban Development, Government of India) has extended the period of JNNURM for 2 more years for completion of ongoing projects/ reforms. It has further approved sanctioning of new projects upto 31.03.2014 as a transitional phase. JNNURM completed its normal tenure of 7 years on 31st March, 2012.
Green-rated housing on Golf Course Extension Road in Gurgaon
Aug 14, 2013
DELHI: Developers and builders are coming up with green-rated housing projects on one of the most posh localities of Gurgaon — Golf Course Extension Road. This process has been aided by factors like easy approach to the area from NH-8, and South Delhi via Gurgaon-Faridabad Expressway, improving infrastructure, and demand for premier lifestyle housing.
Rethink on zoning paralyzes realty projects in AUDA areas
Aug 06, 2013
AHMEDABAD: Developers are seeing a downhill slide in the realty market in Ahmedabad as the urban development department has put on hold clearances to nearly Rs 24,000 crore worth of township, residential and commercial projects that were signed during Vibrant Gujarat summit in January 2013.
AUDA promises 5k houses in two years
Aug 05, 2013
AHMADABAD: In what is being seen as an adrenaline shot in affodabule houses sector, Ahmedabad Urban development Authority (Auda) has promised 5,000 houses in two years in the newly demarcated ‘affordable housing’ zone in the city.
Land pooling policy to usher in development in Delhi
Aug 01, 2013
DELHI: DDA's new land pooling policy can go a long way in ensuring that real estate development is integrated with economic activity for sustained growth, Urban Development Secretary Sudhir Krishna said today.
VUDA plot auctions on Sept 14, 15
Jul 31, 2013
VISAKHAPATNAM: The Visakhapatnam Urban Development Authority (VUDA) issued a notification for the allotment of 152 plots in its 15 own and joint venture layouts in Visakhapatnam and Vizianagaram towns, according to a press release.
Real estate's share in GDP estimated at 6.3%: Report
Jul 28, 2013
NEW DELHI/MOSCOW: The contribution of the real estate sector to India's GDP has been estimated at 6.3 per cent in 2013, and the segment is expected to generate 7.6 million jobs in the same period, according to a report.
Won’t allow high-rises in Delhi as long as I’m alive: Sheila
Jun 29, 2013
DELHI: Delhi Chief Minister Sheila Dikshit on Friday continued to oppose Urban Development Minister Kamal Nath’s push for vertical growth in the city, saying she will not allow construction of high-rise buildings as long as she is alive.
BUDA to distribute 1700 sites
Jun 26, 2013
BELGAUM: If all goes according to plan, the Belgaum urban development authority (BUDA) will distribute 1700 sites at Kanbargi by June next year. Already the government has approved the project and a survey is also been conducted for the same. The 1700 plots of five various dimension will be coming in 148 acre land.
Real Estate Regulatory Bill may become breeding ground of corruption, says CREDAI chairman
Jun 06, 2013
MUMBAI: Stating that the Real Estate Regulatory Bill approved by the Union Cabinet seeks to whip only errant developers, realtors apex body CREDAI Chairman Mr. Lalit Kumar Jain has expressed fear that it could encourage corruption instead of curtailing the social menace.
Development plan for Bharuch, Ankleshwar discussed
May 31, 2013
Bharuch Ankleshwar Urban Development Authority (BAUDA) has started consultations with stakeholders from the twin cities on a new development plan. People from various sections of the society participated in the first such meeting held on Wednesday.
Govt acts on land allotment irregularities in Bhubaneswar
May 29, 2013
The state government has swung into damage control mode after Comptroller and Auditor General (CAG) recently pointed out gross irregularities in land allotment in the city. It has decided to recover money from the allotees, who got land at concession without justification, and verify all discretionary quota allotments made between 1983 and 1999.
Delhi to get tout-free, seamless property registration system
May 20, 2013
DELHI : In a major revamp of existing property registration system, Delhi Government will put in place a transparent mechanism by end of the year under which people will be able to access hassle-free services in all 13 sub-registrar offices without any jurisdictional issue.
Odisha plans satellite township for Bhubaneswar
Dec 09, 2012
BHUBANESWAR: How about a modern integrated township with zero government investment and no land acquisition! The state government is planning to develop the proposed satellite township called South City on a 1200-acre land in the south-west corridor of the state capital under such a town planning scheme.
Bhubaneswar on top 10 city list
Nov 17, 2012
BHUBANESWAR: Cushman and Wakefield, a leading global real estate services firm, and Global Initiative for Restructuring Environment and Management (Girem), an industry body focussing on urbanisation, have identified Bhubaneswar as one of the 'top 10' emerging cities in India, said a state government release on Friday.
Final report on realty approvals to be submitted by month-end
Nov 02, 2012
MUMBAI: The committee appointed by the Ministry of Urban Development to streamline approval procedures for real estate projects is expected to submit its report by the month-end, a senior official said here today.
Govt looking at transit oriented development option
Oct 08, 2012
New Delhi: Lamenting the poor state of urban planning in India where 40 million people are living in unplanned areas in the capital itself, Urban Development minister Kamal Nath today said government was looking at Transit Oriented Development as an option. "Just in Delhi, we have 40 million people living in unauthorised colonies....40 million people...Over 1600 unauthorised colonies, that was
No alternative to developing high-rise buildings in Delhi: Kamal Nath
Oct 01, 2012
NEW DELHI: Urban Development Minister Kamal Nath today hit back at those critical of his suggestion that Delhi should choose vertical growth through high rise buildings by saying that some people were raising doubts but had no alternative solution to offer. "Now Delhi can't expand with Haryana on one side and you've got UP on the other side. Where does Delhi expand? What is the kind of urban p
Inauguration spree by BMC on eve of Self Govt Day
Aug 31, 2012
BHUBANESWAR: The Bhubaneswar Municipal Corporation (BMC) on Thursday went on an inauguration spree of various completed and proposed projects on the eve of Local Self Government Day, which would be observed on Friday. State housing and urban development minister Raghunath Mohanty laid the foundation stone of proposed night shelter project in Bhimpur. The project would be commissioned at a cos
Bhubaneswar Municipal Corporation draws boos from rural bodies
Aug 14, 2012
BHUBANESWAR: The Bhubaneswar Municipal Corporation's decision to include 21 gram panchayats (GP) in its jurisdiction has not gone down well with people of five of those GPs. Nearly 40,000 people in 28 villages in Barimunda, Kalyanpur, Dadha, Raghunathpur and Kalarahanga panchayat areas in Bhubaneswar North assembly constituency do not want the BMC to look after them, as they feel the civic bod

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