When should a housing society in Mumbai start considering re...
From GST on JDAs to SEBI’s REIT reclassification and the S...
Stay ahead in the world of real estate with our daily podcas...
Stay ahead in the world of real estate with our daily podcas...
11 Jan 2023
In line with the larger goal of providing ‘housing for all’ the Andhra Pradesh state government undertook the task of setting up Jagananna colonies across the state. Under the YSR Jagananna housing scheme, the government plans to construct nearly 18000 colonies to provide housing for 30.3 lakh beneficiaries from low-income groups. However, more than 5000 plots allotted have been returned with the request for an alternate. The allottees returning their plots claim that plots allotted to them were either located too close to burial grounds or were too far from their present habitations. The Chief Minister of the state, YS Jagan Mohan Reddy has directed officials to provide alternate sites to the affected beneficiaries.Read more
11 Jan 2023
Earlier this month, the Noida Authority launched a housing scheme for individuals eligible for Low Income Group (LIG), Mid Income Group (MIG) and High-Income Group (HIG) housing. The flats will be made available in Sectors 52, 62, 71, 99, 118, and 135. Interested individuals can submit their application latest by 31st January 2023. The cost of these residential apartments ranges from Rs 45 lacs to Rs 1.79 crores. In another decision, the Noida Authority vowed to resolve the property parcel assignment issue that has been pending for 12 years. These individuals have been given time until March 2023 to procure the requisite approvals and begin construction.Read more
10 Jan 2023
In exchange for expenses incurred while developing one-cent layouts, the Visakhapatnam Metropolitan Region Development Authority (VMRDA) has requested the state government to give them 500acres of land in the region rather than a 15% stake in the 'Jagananna housing complexes’ as earlier decided. The civic body has already incurred as expense of Rs 150 crores in development and intends to invest a further Rs 50 crore to build infrastructure. Therefore, it believes pooled land parcels would be a more equitable exchange for their services rendered and will help in maintaining their financial health.Read more
06 Jan 2023
Three days after the Centre announced a ban on all non-essential construction and demolition activities in Delhi-NCR on account of rising air pollution levels, the authorities are now said to have lifted all cubs imposed in the city under stage III of the Graded Response Action Plan (GRAP). As of Tuesday, Delhi’s 24-average air quality index (AQI) was around 385, down by 14 points since the week before.Read more
30 Dec 2022
The Housing and Urban Development Department is gearing up to redevelop housing societies across the state via joint development agreements with private builders. So far, twelve locations within the state have been identified as potential development sites. The homes are to be constructed using Mivan technology which is an aluminium formwork system over a span of two years. For construction of these units, the private developer will be awarded with a fixed number of free for sale apartments in exchange. The agreement will be entered into for a period of 80 years.Read more
26 Dec 2022
The Central Government recently issued a directive to all states to take a call on self-declaration which would allow construction workers to self-register, in a bid to speed up the process and ensure maximum individuals are able to receive their benefits. According to the Building and Other Construction Workers’ (Regulation of Employment and Conditions of Service) Act 1996, a 90-day work period is needed for a construction worker to become eligible for registration. The state of Maharashtra has approximately 14 lac active registered workers. However, the state has a back log of more than 40,000 pending applications to clear.Read more
23 Dec 2022
Last week the Haryana Forest Department in Gwalpahari sized four acres of land by destroying five farmhouses that were illegally constructed. The demolished structures were built on land falling under sections 4 and 5 of the Punjab Land Protection Act (PLPA) where non-forest activities cannot be carried out on land categorised as ‘gair mumkin pahar’, i.e., uncultivable land. The land in questions is situated in the Aravali Forest area. The razzing was conducted in accordance with the directive issued by the National Green Tribunal in September this year.Read more
14 Dec 2022
According to a statement released by the State Forest Department last week, the Sohna Municipal Committee will begin demolishing 179 unlawfully constructed farmhouses in the Raisina Aravalis from 12 December 2022, Conferring to Section 4 of the Punjab Land Preservation Act (PLPA), which protects land as "gair mumkin pahar (uncultivable hill)," 424 farmhouses in Sohna were found to have been built unlawfully. So far, 80 structures have already been demolished and 165 have received court-ordered stays. The demolition work was delayed due to GRAP (Graded Response Action Plan against Air Pollution).Read more
18 Nov 2022
The Dharavi Redevelopment Authority (DRA) has received three bids for the mammoth Dharavi redevelopment project in Mumbai. Eight builders including entities from South Korea and UAE, along eleven PMC companies attended the pre-bid meeting. The three bids are from Mumbai based Adani Realty and Shree Naman Group and Delhi based housing construction company DLF. Adani Infrastructure has bid for the project in 2018 but lost out to Dubai based SecLink Group.Read more
14 Nov 2022
In a proposal submitted to the Union Ministry for Environment, Forests and Climate Change (MoEFCC), the state government has request that draft coastal zone management plans for Palghar, Sindhudurg, Raigad, Ratnagiri and Thane be revised to allow individuals to build houses up to 3,000 sqft up to 50 meters fro the tideline for creeks, rivers and streams. The proposal has been accepted by CM Eknath Shinde and are in their final stages of approval. The state hopes that this decision will boost tourism.Read more