Chennai Metro Rail scraps six stations in phase-2, saves over 1,200cr
Author : PNT Bureau
Chennai Metro Rail Limited (CMRL) has decided to scrap six metro stations from its phase-2 project, which is expected to save nearly 1,200 crore. The plan was to construct six stations underground at Doveton Junction, Foreshore Estate, Natesan Park, Meenakshi College and Thapal Petti, and one elevated station at St Joseph's College. The decision to scrap these stations was taken on account of the fact that they were located less than 750m from the next stop....
Prime Minister inaugurates Hubballi-Dharwad Smart City projects
Author : PNT Bureau
Over the weekend, Prime Minister of India, Narendra Modi inaugurated over ten projects by Hubballi-Dharwad Smart City Limited (HDSCL) at the Indian Institute of Technology (IIT) campus in Dharwad. The HDSCL has completed fifty-three projects out of the sixty-two it has carried out in Hubballi. Nine projects are still under construction. The inauguration of sixteen new projects by Prime Minister Modi marked the completion of works worth Rs 520 crore under the Smart City project....
EV charging points now mandatory for all buildings in Uttarakhand
Author : PNT Bureau
The state of Uttarakhand in India has taken steps to promote the use of electric vehicles (EVs) by approving a proposal to amend the Building Construction and Development By-Laws/Regulations, 2011. Under the new regulations, all non-residential buildings with an area greater than 1,500 square meters, including group housing, hotels, multiplexes, and lodges, except for single residential buildings, must install EV charging infrastructure. The ratio of charging facilities for two-wheelers and four-wheelers will be 60:40....
Maharashtra government to consider rehabilitation and development of salt pan lands
Author : PNT Bureau
The state of Maharashtra in India has come up with a new plan to use buildable salt pan lands for rehabilitation and redevelopment purposes. The plan aims to provide affordable housing to the poor and middle-class sections of society, who are currently struggling with a lack of housing options. The Maharashtra government has identified 101 salt pan lands across Mumbai, Thane, and Raigad districts, covering a total area of 5,189 hectares, which can be developed for housing purposes....
Debris removal from the site of the Supertech twin towers to begin shortly
Author : PNT Bureau
According to recent reports, Noida Authority officials have confirmed that work to clear debris from the Supertech Twin Towers demolition site is likely to resume soon. Edifice Engineering, the company commissioned to undertake the work, has been given a revised deadline of 15th March 2023 to complete the pending work. The removal of debris on the site of the Supertech Twin Towers has been fraught with delays. Due to the construction prohibition implemented in the latter half of the year, the High Court's deadline of three months to remove the rubble was not met. Subsequently, work was once again stopped in January this year because of concerns about noise pollution....
NGT pushes for clarification on green violation in Mumbai’s SRA project
Author : PNT Bureau
The Slum Rehabilitation Authority (SRA) and State Environment Impact Assessment Authority (SEIAA) were instructed by the National Green Tribunal (NGT) to explain if a joint committee had investigated alleged environmental infractions in a Worli SRA project. Skylark Buildcon and Oberoi Realty had been prohibited from selling apartments under the project's free sale component by an order issued by the NGT last year until it had supplied 500 parking spaces for the slum rehabilitation structures....
Madras High Court orders demolition of Olympia InfraTech compound wall
Author : PNT Bureau
The Madras High court has ordered for the demolition of a compound wall constructed by Olympia Infra Tech Pvt Limited for its residential project Opaline. The order was passed after the court found that the structure had encroached upon a public road in Navalur, Chennai....
The National Capital Region (NCR) in India has long been a popular destination for developers seeking to acquire land. In 2022, 23 transactions totalling nearly 745 acres of land were transacted, valued at INR 7,000 crores (USD 875 million) in the area. Gurgaon recorded the most transactions, with 12 deals, followed by Noida with six major land deals. Residential development was the primary use, with 15 out of 23 transactions, totalling nearly 665 acres, acquired for proposed residential developments....
Big surge in real estate to come via NTC mills in Central Mumbai
Author : PNT Bureau
The redevelopment of 11 chawls in nine defunct National Textiles Corporation (NTC) mills is set to create 18 lakh sq ft of new construction in central Mumbai. Of this, approximately 6 lakh sq ft will be used to rehouse free of cost the 2,062 tenants currently residing in NTC chawls. The remaining 12 lakh sq ft will be given to the successful bidder of the chawls' redevelopment, with the free sale portion expected to be worth more than Rs 5,000 crore....
NGT slaps Rs 113.25 crore fine on Uppal Chadha Hi Tech Developers
Author : PNT Bureau
The National Green Tribunal (NGT) has imposed a fine of more than 113 crore rupees on Uppal Chadha Hi Tech Developers Pvt. Ltd. for violating environmental norms in its Hi-Tech Township across 14 villages in Ghaziabad and Gautam Buddha Nagar districts of Uttar Pradesh. The environmental compensation was calculated at 0.75% of the total project cost, and the NGT ordered the PP deposit the money with the Uttar Pradesh Pollution Control Board (UPPCB) within three months. The NGT expressed disappointment with the ED's lack of action in the matter and criticized the Central Pollution Control Board (CPCB) for being "very lenient" towards violators....
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