Category: Latest Stories

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IndustryLatest Stories

New Noida Project Land Acquisition to Start Soon

Representative image NOIDA: The process of land acquisition for New Noida, set to be the upcoming industrial township, is about to commence. Officials report that the Noida Authority is finalizing the compensation plan for farmers in the Dadri–Noida–Ghaziabad Investment Region (DNGIR). The Authority will appoint officials to manage acquisition efforts across 80 identified villages in Gautam Budh Nagar and Bulandshahr districts. As one official explained, “The land acquisition will utilize a hybrid model that includes direct purchase, mutual consent, and land pooling to promote farmer involvement and ensure transparency throughout the process.” New Noida will cover approximately 209 square kilometers…

InfrastructureLatest Stories

Ghaziabad: GDA to Invite Objections for Indirapuram Land Acquisition

GHAZIABAD: Following a directive from the Allahabad High Court, the Ghaziabad Development Authority (GDA) is set to seek public objections next week regarding the acquisition of land for its Indirapuram Extension scheme. The court’s ruling highlighted irregularities in the land acquisition process, prompting the GDA to notify the public. “The land acquisition process involves multiple steps, including issuing notifications, inviting public objections, determining rates, disbursing payments, and ultimately taking physical possession of the land. In this instance, the court determined that the GDA neglected to invite public objections,” a GDA official noted. The GDA’s order dated October 17 mandates, “The…

IndustryLatest Stories

HMDA to Auction 44 Acres in Kokapet, Moosapet for ₹5,000 Cr

HYDERABAD: Following the Telangana State Industrial Infrastructure Corporation’s (TSIIC) record land auctions in Raidurg, the Hyderabad Metropolitan Development Authority (HMDA) has announced plans for e-auctions of 44 acres of government land in Kokapet and Moosapet, aiming to generate approximately ₹5,000 crore in revenue. The HMDA has set the minimum bid price at ₹99 crore per acre for the Neopolis layout in Kokapet, ₹70 crore per acre for the Golden Mile layout also in Kokapet, and ₹75 crore per acre in Moosapet. This will be the third phase of auctions in Neopolis and the second phase in Golden Mile. Auctions for…

IndustryLatest Stories

Notices Sent to 170 Trichy Site Owners for Poor Upkeep

Representative Image TRICHY: The Trichy corporation has initiated a campaign to identify neglected vacant plots in residential areas and locate property owners to issue notices according to the Tamil Nadu Public Health Act of 1939. So far, the local authority has sent out 170 notices, urging property owners to remove overgrown weeds and level their land to prevent water stagnation during the monsoon. Due to a lack of regular maintenance, shrubs often conceal these properties, and neighbors frequently use the abandoned sites as dumping grounds. Residents and large waste generators are also reported to use vacant lots along major roads…

Latest StoriesResidential

Citizens Demand End to Pune’s Tax Defaulter Amnesty Scheme

PUNE: Various citizen groups are calling for the cancellation of the proposed amnesty scheme designed for property tax defaulters, arguing that earlier implementations have proven ineffective. The Pune Municipal Corporation (PMC) initiated this amnesty scheme for the 2020-2021 fiscal year, intending to offer tax defaulters discounts upon settling their dues. The scheme was later reintroduced for the 2021-2022 fiscal year. Vivek Velankar from Sajag Nagrik Manch, a citizens’ organization, stated, “The recurring launch of such schemes sends the wrong message to responsible taxpayers. Many who utilized the benefits ended up defaulting on taxes again, resulting in a revenue loss for…

Latest StoriesResidential

Delhi: Signature View Residents to Start Receiving Rent in July 2023

NEW DELHI: The Delhi Development Authority (DDA) has greenlit facilitation fees for residents of Signature View Apartments, who vacated their homes due to significant structural damage. The compensation will assist with rent payments, set at ₹50,000 monthly for High-Income Group (HIG) flats and ₹38,000 for Medium-Income Group (MIG) apartments starting July 1, 2023, or from their vacating date, whichever is later. The compensation amount will increase by 10% annually, with the first revision on July 1, 2024, followed by adjustments in July 2025 and July 2026. In 2024, residents will receive ₹55,000 (HIG) and ₹41,800 (MIG); in 2025, this will…

CommercialLatest Stories

Chennai Body to Build Co-Working Spaces in George Town

CHENNAI: In response to the increasing workforce in lower-income neighborhoods, the CMDA plans to establish a co-working space for the Chief Minister on Wall Tax Road in George Town. The CMDA has issued tenders for the construction of a three-storey building that will provide at least 150 workstations across its first two floors. The third floor will feature a canteen and designated dining area. As per the tender details, the ground floor will include a lobby spanning 770 square feet. The first floor will accommodate a work terminal for 75 users within a 1,334-square-foot area, alongside a special lobby for…

IndustryLatest Stories

Noida & Ghaziabad Stamp Services Paused Nov 8-11 for Migration

NOIDA: Property registrations in Noida and Ghaziabad will be halted for four days next week as the Stamp and Registration Department’s online portal undergoes a significant server migration. The department’s operations will transition from the NIC-operated Meghraj cloud to the National Govt Cloud (NGC) from November 8 to 11, as directed by the inspector general of registration in Uttar Pradesh. Assistant Inspector General of Registration-II, Brijesh Kumar, stated that this temporary suspension is essential for enhancing efficiency and data security. He noted that the migration aims to bolster system reliability and facilitate quicker, safer online transactions in the future. “We…

InfrastructureLatest Stories

Nagpur’s Satellite Towns Tackle Urban Challenges

NAGPUR: Municipal council towns around Nagpur, including Butibori, Digdoh, Kamptee, Katol, Wadi, and Saoner, are preparing for elections alongside other local bodies. While smaller than the Nagpur Municipal Corporation (NMC) in scale, these areas grapple with urban challenges similar to those within city limits—congested roads, unplanned housing, strained water supply, and overloaded civic infrastructure. “These areas are fully urbanized, so their issues align directly with those of the Nagpur Municipal Corporation (NMC). We aren’t addressing farm-related concerns here,” stated Sameer Meghe, MLA from Hingna, which includes several of these councils like Butibori, Wanadongri, and Wadi. He emphasized that voters are…

Latest StoriesRera

Odisha REAT Affirms Homebuyers’ Rights in Landmark Ruling

BHUBANESWAR: In a significant ruling that supports homebuyers’ rights, the Odisha Real Estate Appellate Tribunal (OREAT) has dismissed an appeal from a local promoter, affirming the allotment of a flat to a buyer and deeming its cancellation as arbitrary and unlawful. The case involved a flat in a multi-storey residential development in Brahmeswarpatna. The buyer had already paid over Rs 60 lakh of the total Rs 70.68 lakh but was denied possession after the promoter unilaterally canceled the allotment, citing delayed payments. However, the tribunal determined that the buyer had adhered to the payment schedule outlined in the registered sale…