Category: Latest Stories

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IndustryLatest Stories

Ludhiana body warns defaulters: Pay dues or lose plots

LUDHIANA: Defaulting allottees of residential and commercial plots within Glada’s jurisdiction are being urged to settle their dues promptly, or risk losing their properties. In a statement released on Saturday, a Glada superintendent confirmed that notices are being dispatched to defaulters. Failure to pay dues will initiate the cancellation of property allotments. The Glada district office has already revoked the allotments of SCO 104 Dugri Phase-1 and SCO 03 Dugri Phase-1 and 2. Allottees facing cancellation will have a month to appeal to the relevant authority for the restoration of their allotment. Should they miss this deadline, the process to…

IndustryLatest Stories

Ludhiana body warns defaulters: Pay dues or lose plots

LUDHIANA: Allottees of residential and commercial plots in urban estates under the jurisdiction of GLADA are urged to settle their dues promptly, or they risk losing their properties. In a press release issued on Saturday, a GLADA superintendent announced that notices are being sent to defaulters. Failure to pay these dues will trigger the cancellation process for the concerned properties. So far, the allotments for SCO 104 in Dugri Phase-1 and SCO 03 in Dugri Phase-1 and 2 have already been canceled. Those whose allotments are being or have been canceled have a month to appeal to the competent authority…

InfrastructureLatest Stories

Ghaziabad: 300 More Hectares for Potential Illegal Colonies

Sure! Here’s a rewritten version of the content: — GHAZIABAD: The city is currently facing a concerning trend, with non-conforming land usage expanding by 301 hectares according to the latest Master Plan 2031. This alarming growth indicates a rise in unregulated development, potentially leading to the spread of illegal colonies. Non-conforming land refers to areas without clearly defined uses as per city planning regulations. Unlike designated residential, commercial, industrial, or green zones, which each have specified guidelines, non-conforming land is vulnerable to unauthorized construction and chaotic expansion. “A clearly defined land use is crucial for a city’s systematic development, subdivided…

IndustryLatest Stories

PWD Chooses 7 Sites for Delhi Redevelopment Project

NEW DELHI: The Public Works Department (PWD) has identified seven residential land areas for a redevelopment and commercialization initiative through a public-private partnership (PPP) model, officials confirmed on Friday. Officials have selected seven sites – Vikas Bhawan-1 (ITO), Timarpur, Gulabi Bagh, Kalyanvas, Probyn Road, Sindhora Khurd, and Sindhora Kalan, as part of this redevelopment project aimed at addressing future housing needs and optimizing public land usage. “The information regarding land sizes and existing structures at these sites has been provided to the National Buildings Construction Corporation (NBCC). After receiving their PPP proposal, we will proceed with the project,” stated a…

Latest StoriesRera

Over 200 Projects Registered with UP-RERA in Early 2025

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has seen the registration of 208 projects from January to August 2025. In comparison, 259 projects were registered in 2024, with Lucknow and Gautambuddha Nagar leading in project registrations. Sanjay Bhoosreddy, the chairman of UP-RERA, stated, “Our commitment at UP-RERA is to safeguard consumer interests while fostering trust and transparency in the real estate market. The rise in project registrations indicates positive investor sentiment, proactive policies by the state government, and enhanced infrastructure in both metropolitan and tier-II cities.” Enhanced monitoring by RERA has resulted in timely project completions, increased…

IndustryLatest Stories

Delhi to Launch Portal for Investors to Find Land Parcels

NEW DELHI: In a bid to enhance the ease of doing business and simplify land allocation in the national capital, the Delhi government plans to establish a centralized portal to assist investors in identifying suitable land parcels, officials stated. This decision emerged from a recent review meeting led by the Ministry of Home Affairs focused on reducing compliance barriers and streamlining regulations in Union Territories, they mentioned. The portal will be created by the Delhi State Industrial and Infrastructure Development Corporation (DSIIDC), which will receive map-based data support from Geospatial Delhi Limited (GSDL). The IT Division of DSIIDC has been…

IndustryLatest Stories

K Raheja Targets 1.5-Acre Famous Studios in ₹650 Crore Deal

Representational AI Image. Famous Studios, a landmark in South Mumbai renowned for film, television, and advertising shoots since 1946, is on the verge of a change in ownership with a transaction valued at approximately ₹650 crore, according to sources familiar with the matter. Real estate developer K Raheja Corp is in advanced negotiations to purchase the 1.5-acre site located on Dr E Moses Road, which overlooks the Mahalaxmi Racecourse and has hosted numerous generations of Bollywood and advertising luminaries. “The company is expected to finalize the deal as a joint development agreement, involving the sharing of developed space with the…

IndustryLatest Stories

Lack of Access Roads? OCs Denied for Projects, Says Haryana Minister

GURUGRAM: Following complaints from homebuyers about misleading promises from developers regarding wide roads and easy access to housing societies, the Haryana government is taking steps to tighten its approval system. On Saturday, Industries and Commerce Minister Rao Narbir Singh announced forthcoming policy changes aimed at ensuring builders adhere to established norms. Occupancy certificates will be withheld if 24- or 30-metre-wide roads shown in maps are not actually built. During a meeting with officials from HSVP, GMDA, and the Town and Country Planning Department, Singh emphasized that this issue has become increasingly common in Gurgaon’s newer sectors. The meeting was attended…

InfrastructureLatest Stories

140+ illegal structures in Vasai-Virar to be demolished after Ganpati

PALGHAR: Maharashtra minister Ganesh Naik announced on Friday that a total of 141 unauthorized buildings in the Vasai-Virar region of Palghar district will be demolished following the 10-day Ganpati festival. Naik made the remarks after visiting victims of a building collapse in Virar East on Wednesday, which resulted in 17 fatalities. The incident occurred when a building collapsed onto an adjacent vacant tenement at Vijay Nagar at 12:05 am on that day. “This incident is extremely unfortunate. People often resort to living in illegal structures due to circumstances. We are facing the consequences of years of negligence that allowed such…

InfrastructureLatest Stories

Telangana to Conduct Forensic Audit of Land Records

HYDERABAD: The preparations are underway for a forensic audit of land records in Telangana, with the Telangana Technology Services Limited (TGTS) set to finalize an agreement with a security audit agency from Kerala within a week. Following the state government’s approval of this initiative about a month ago, the revenue department has instructed TGTS to enter into a memorandum of understanding (MoU) with the selected agency. Sources from the revenue department disclosed that the law department had approved the necessary terms a week ago, paving the way for the agreement’s signing with the Kerala-based agency shortly. The initial phase of…