PNT Reporter

21 Apr 2023

A court in Cuttack, Odisha has granted permission to the state government to confiscate properties worth Rs 6.5 crore owned by the Rose Valley chit fund company under the Odisha Protection of Interests of Depositors (in Financial Establishments) Act (OPID), 2011. With this latest attachment, the government has confiscated assets worth Rs 101 crore of the chit fund company in the state. The Rose Valley Group is accused of cheating investors of about Rs 17,000 crore in the country, with nearly Rs 450 crore in Odisha alone.Read more

PNT Reporter

20 Apr 2023

The Tamil Nadu Urban Habitat Development Board has opened a new residential complex in Irungalur near Manachanallur in Trichy. The complex has 240 housing units built at 21.1 crores, designed for the low-income group (LIG) and economically weaker section (EWS). The district collector M Pradeep Kumar planted native tree saplings in the housing complex. Phase II of the residential complex was proposed as an expansion project, after the phase I residential complex with 540 dwelling units in the same area was entirely occupied.Read more

PNT Reporter

20 Apr 2023

Last week, the Haryana Urban Local Bodies (ULB) department launched a property verification portal to help individuals verify and authenticate their property deals. The department took this step after receiving several complaints from residents about difficulties in correcting their property IDs and experiencing unreasonable behaviour from the authorities. The ULB minister Kamal Gupta inaugurated the portal from his office. The portal will provide residents with easy access to their property information and allow them to apply for any necessary corrections.Read more

PNT Reporter

20 Apr 2023

The Madras High Court has ordered the Trichy district collector to appoint verification officers to check the legitimacy of houses provided under the Pradhan Mantri Awas Yojana (Gramin) scheme in Trichy district. The court also directed the Trichy superintendent of police to take legal action against officials of Lalgudi panchayat union who misappropriated funds for the allotment of houses under the scheme. The decision was taken after a public interest litigation alleged malpractices in the allotment of houses to PMAY-G beneficiaries.Read more

PNT Reporter

19 Apr 2023

Punjab Local Bodies Minister Dr. Inderbir Singh Nijjar handed over allotment letters to 487 successful applicants of the Atal Apartment Scheme in Ludhiana, which includes the construction of 336 HIG and 240 MIG flats. The flats will be built on an 8.80-acre land with facilities such as a swimming pool, gymnasium, green parks, clubhouse, CCTVs, 24-hour water supply, and more. The construction will be completed in three years, with possession given to allottees within three months. The state government is committed to providing affordable housing and boosting infrastructure across the city.Read more

PNT Reporter

19 Apr 2023

The Delhi Development Authority (DDA) is considering dynamic pricing to enhance sales of unsold and upcoming flats, primarily targeting Economically Weaker Section (EWS) and Low Income Group (LIG) housing. The strategy involves reducing EWS flat prices in distant sub-cities while slightly raising prices for premium flats in prominent locations. With over 16,000 unsold flats and an additional 23,000 EWS and LIG flats set to launch under the 2023 housing scheme, the DDA aims to balance overall revenues and make housing more accessible for lower-income buyers.Read more

PNT Reporter

19 Apr 2023

Himachal Pradesh's Chief Minister announced the launch of 'Mukhyamantri Vidhwa Evam Ekal Nari Awas Yojana,' a housing scheme for eligible widows and single women. The initiative will provide Rs 1.5 lakh in financial assistance to around 7,000 women with an annual income below Rs 2 lakh. The scheme aims to empower these women by offering support for constructing homes with essential amenities. As part of the government's focus on the welfare of underprivileged communities, this initiative aligns with their commitment to promote inclusive growth and enhance living standards for marginalized populations in the state.Read more

PNT Reporter

19 Apr 2023

The state housing department in India has relaxed planning permission norms for residential, commercial, and institutional buildings outside Chennai Metropolitan Area. Builders and realtors who wish to build in the area can now apply for permission online through Licenced Building Surveyors, who are authorised engineers. Once the application has been submitted, officials from the Directorate of Town and Country Planning (DTCP) will inspect the site and examine the documents that have been submitted.Read more

PNT Reporter

18 Apr 2023

The Noida Authority has been asked by the Allahabad High Court to explain why it took legal action against the developer for failing to finish Sports City on schedule while it was still waiting for all of the land required to complete the project. The court also requested information from the Authority CEO regarding the efforts the Authority was taking to make the remaining land accessible for the project. The court was deliberating a plea submitted by ATS Homes, the principal developer chosen to build the Sports City and an international-calibre cricket facility in Sector 52. The project is meant to be built on 125 acres, but the developer has only received roughly 25 acres so far.Read more

PNT Reporter

18 Apr 2023

The Tamil Nadu Urban Habitat Development Board (TNUHDB) plans to construct affordable high-rise housing towers for economically weaker sections and low-income groups near the upcoming Integrated Bus Terminus in Panjapur, Trichy. The board has requested 15 acres of land for the project and has completed a comprehensive design plan for basic amenities. The housing project will be the third high-rise project for TNUHDB in Trichy. Two other high-rise projects in Srirangam and Jailpettai are almost complete. The project is under consideration by the district administration.Read more