PNT Reporter

31 May 2023

Maharashtra's property registration department is on the brink of adopting blockchain technology to secure online property registration. This initiative aims to prevent document duplication and allow safe data sharing with property buyers, government authorities, and financial institutions. The blockchain-based system will assign a unique identification number to each registered document, enhancing security and reliability. With blockchain's integration, Maharashtra paves the way for other regions to adopt this digital transformation in public services.Read more

PNT Reporter

31 May 2023

The Greater Chennai Corporation (GCC) has identified more than 1,300 sites with illicitly dumped construction debris. Small construction sites remain the biggest culprits, continuing to dispose of waste near water bodies, streets, and garbage bins. Despite levying hefty fines, collecting 12.4 lakh in April and 1 lakh in May, the problem persists. To combat the issue, GCC Commissioner, Dr. J Radhakrishnan, has ordered midnight inspections and confiscation of offenders' equipment and vehicles.Read more

PNT Reporter

31 May 2023

Telangana's thriving real estate market has encountered a slowdown, marked by a drop in property registrations over the past year. Industry insiders attribute this to escalating land prices, increased property expenses, and upcoming assembly elections. However, despite the dip in transactions, the state government's revenue from registrations saw an uptick due to a surge in land values. Although this presents a contrasting picture, officials are optimistic about a revival in the sector, buoyed by the completion of several large-scale projects. The sector's trajectory in the coming months will be pivotal.Read more

PNT Reporter

30 May 2023

In a bid to professionalise the real estate sector, the Maharashtra Real Estate Regulatory Authority (MahaRERA) conducted its inaugural certification examination, attended by 423 brokers. This mandatory certification aims to ensure all agents are well-versed with MahaRERA rules, promoting accountability and transparency. With a 92% turnout in the first round, the MahaRERA anticipates a similar response in the upcoming exams. This landmark examination marks the onset of a significant structural transformation, paving the way for an improved real estate market in Maharashtra.Read more

PNT Reporter

30 May 2023

Hyderabad's real estate sector is grappling with a mounting crisis of illegal constructions, revealed by a GHMC survey stating 7,000 to 8,000 unauthorized structures sprout annually. The city, still reeling from last month's demolition of 200 illegal homes in Bandlaguda's Crystal Township, faces the looming spectre of similar incidents. Homebuyers express shock and frustration, while experts advise due diligence. Amid an influx of 300 to 400 monthly complaints, GHMC's town planning department struggles with severe understaffing. This surge in illicit townships calls for a more rigorous regulatory framework and vigilant purchasing decisions by prospective homeowners.Read more

PNT Reporter

30 May 2023

The Noida Authority has identified 1,097 registries in 21 residential projects awaiting execution, stalled due to builders' inaction. The properties, scattered across nine sectors in Noida, are approved for registry, yet developers lag in delivering to homebuyers. The Authority warned of potential penalties if developers continue to delay. It encouraged buyers to directly contact builders, ensuring the execution of their home registries. Developers who fail to comply risk punitive action in line with land allotment rules and the Real Estate Regulatory Authority (RERA).Read more

PNT Reporter

30 May 2023

Despite a five-fold surge in rainwater harvesting installations over the past year, only 1,123 buildings in Nagpur have complied with the 14-year-old mandate. This equates to just 0.18% of all structures, according to the Nagpur Municipal Corporation (NMC). Critics attribute this sluggish progress to poor enforcement by the town planning department. Former Water Works Committee Chairman Vijay Zalke urges for a more earnest approach towards such critical ecological practices, emphasizing the significant potential of rainwater harvesting for groundwater replenishment.Read more

PNT Reporter

30 May 2023

The BJP government in Madhya Pradesh has announced the regularization of all unauthorized colonies constructed up to December 31, 2022. This landmark decision, made before the upcoming Assembly elections, will alleviate development costs for residents and open access to necessary utilities, bank loans, and MP/MLA Local Area Development funds. Urban administration officials are warned to prevent the development of illegal colonies beyond the stated deadline. The process is expected to conclude by June 30, 2023.Read more

PNT Reporter

30 May 2023

In a significant move towards public safety, the Navi Mumbai Municipal Corporation (NMMC) has ordered the immediate evacuation of 524 hazardous buildings within the city. These buildings, identified after a comprehensive survey, fall under various categories of disrepair. Sixty-one are deemed highly dangerous and need instant demolition, while others require varying levels of structural repair. The NMMC has urged residents to vacate these premises promptly to prevent potential accidents and loss of life.Read more

PNT Reporter

29 May 2023

Documents from the New Delhi Municipal Corporation (NDMC) reveal that the collection of construction and demolition waste in New Delhi experienced a decrease of more than 27% in the previous financial year. The NDMC collected 19,819.87 metric tons of waste in 2022-23, compared to 27,272.76 metric tons in the previous year. The decline is attributed to a reduced number of construction activities in the area. The NDMC relies on a private firm for waste disposal and has designated 15 specific sites for dumping the waste to ensure proper disposal and maintain a clean environment.Read more