21 Nov 2024

The Madhya Pradesh Industrial Development Corporation (MPIDC) is actively identifying land parcels across the state to establish new industrial zones and clusters. This initiative aims to attract local investors to set up manufacturing facilities. MPIDC is focusing on enhancing infrastructure, with plans to build an effluent treatment plant, improve road connectivity, and ensure a reliable water supply at these zones. The state government is prioritising these developments to create a favourable environment for local industries, particularly in sectors like food processing, fabrication, and chemicals.Read more

21 Nov 2024

Residents of Malabar Hill, supported by activists, are opposing the Brihanmumbai Municipal Corporation's (BMC) decision to lease a 2,432-square-metre plot near Ramabai Ambedkar Marg for private development. The plot, originally allocated for a public garden, currently hosts a disused BEST substation. Activists argue that converting the land for commercial use violates its green and heritage designation. BMC has issued a tender with a base price of INR 545 crore to fund infrastructure projects. Residents, led by activist Zoru Bathena, have submitted a letter urging BMC to restore the garden, emphasising the area's environmental and heritage significance over commercial interests.Read more

21 Nov 2024

The Telangana government plans to merge 24 municipalities within the Outer Ring Road (ORR) into the Greater Hyderabad Municipal Corporation (GHMC) in January 2025 as part of its effort to establish the Greater City Corporation (GCC). This merger will expand GHMC's jurisdiction from 650 square kilometres to 1,800-2,000 square kilometres. To balance infrastructure and revenue resources, officials propose creating three separate corporations, each covering 600-650 square kilometres. The integration aims to avoid jurisdictional issues and ensure financial viability by combining developed and underdeveloped areas. With a study underway to evaluate infrastructure, the GCC formation is expected to conclude by December 2025.Read more

20 Nov 2024

The Haryana government, under Chief Minister Nayab Singh Saini, is finalizing a scheme to provide 100 square yard plots to low-income individuals in rural areas, helping them build homes. Through the Mukhyamantri Gramin Awas Yojna, two lakh beneficiaries will soon receive plots, with 500,000 applications already submitted. Essential amenities like roads, electricity, water, and parks will accompany the plots. Financial aid for construction will be available via the Pradhan Mantri Awas Yojana (Rural). Additionally, 6,618 flats for Economically Weaker Sections (EWS) will be allocated in the first phase of a related urban housing initiative. This scheme aims to uplift rural families by ensuring safe, dignified housing and improved living standards.Read more

20 Nov 2024

The Insolvency and Bankruptcy Board of India (IBBI) proposed a set of reforms aimed at improving the insolvency resolution process for real estate companies. Key proposals include the inclusion of land authorities in the Committee of Creditors (CoC), enhanced transparency through secure online access to CoC meeting minutes, and improvements to the possession handover process for homebuyers. The IBBI also addressed issues such as cancelled land allotments and creditor representation, with the aim of making the insolvency process more efficient, transparent, and inclusive. Stakeholders have been invited to submit feedback on the proposed reforms by the end of November.Read more

20 Nov 2024

The National Green Tribunal (NGT) is reviewing the Uttar Pradesh government's plan to cut 33,776 trees for the Kanwar route project from Muradnagar to Purkaji. Initially approved for 112,722 trees, the revised figure followed an investigation by a joint committee formed in August. An interim report revealed that 17,607 trees had already been removed. The NGT has directed the state to confirm compliance with the UP Protection of Trees Act, 1976, and clarify the status of plants and bushes excluded from the count. The Tribunal also demanded an affidavit from the Additional Chief Secretary of Environment to ensure transparency and adherence to legal standards.Read more

20 Nov 2024

The district registrar had instructed registered societies and RWAs in the city to submit their audit returns on time, warning that failure to do so could result in deactivation or cancellation of registration. This was in response to widespread non-compliance with the HRRS Act, 2012, which mandates financial statements, audit reports, and AGM minutes be submitted within six months after the financial year's end. Many societies had failed to meet these requirements, causing internal disputes. The move was welcomed by RWAs, who saw it as a step toward eliminating defunct societies and promoting transparency in governance.Read more

20 Nov 2024

The Rajasthan High Court has directed the state government to respond to a PIL challenging unregulated multi-storey construction in previously inhabited colonies, focusing on a 17,000 sq. m. plot at Old Malviya Nagar in Jaipur. The petitioner, Badal Verma, alleged misuse of government land near Gandhinagar Judges' Residence under the guise of redevelopment, claiming a potential revenue loss of INR 1,400 crore. Plans for six 18-19 floor towers include commercial activities along a prime road valued at INR 73,000 per sq. m. The case highlights concerns over urban redevelopment practices and government accountability, with the court's intervention signaling heightened scrutiny of high-value land use and public resource management.Read more

19 Nov 2024

The UPSIDA board has approved measures to annul residential land allotments in Tronica City if lease deeds are not executed within two years. Additionally, it plans to impose extension fees on allottees who fail to start construction within two years. The extension fees will increase annually and, after five years, will be based on 4% of the prevailing land rate. The Trans-Delhi Signature City, which spans 1,700 acres, has over 5,000 allottees, with some still pending execution of their lease deeds. Failure to meet deadlines will result in automatic cancellation of the allotment.Read more

19 Nov 2024

The Bangalore Development Authority (BDA) received a significant relief from the High Court, which allowed a review petition filed after a 12-year delay and stayed a 2012 order concerning a five-acre property in Kengeri, Bengaluru. The BDA argued that the original petitioner, R Arunachalam, had misrepresented his ownership and concealed the sale of part of the land before filing the petition. The court acknowledged that the BDA's delayed review petition could be excused, given the circumstances. Additionally, the BDA presented evidence of sale deeds from 2004-2006, showing the land's division before the original petition was filed in 2011.Read more