Category: Latest Stories

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InfrastructureLatest Stories

Chandigarh Administration Hits Hurdles for ₹1.5 Crore Projects

Sure! Here’s a rewritten version of the provided content: — CHANDIGARH: The Chandigarh administration has yet to consult the Ministry of Home Affairs (MHA) regarding the approval of new projects or tenders exceeding Rs 1.5 crore. However, the UT engineering department has compiled a list of priority projects that will be forwarded to the MHA for financial approval. A UT official stated that projects such as new school constructions, a new DC office, the PU-PGI underpass, additional government housing, a railway under bridge (RUB), and a new police station have already passed the administrative approval stage and now require financial…

Latest StoriesResidential

CM of Uttar Pradesh Delivers Keys to 160 EWS Homes in Gorakhpur

GORAKHPUR: In a move to spread festive joy ahead of Diwali, Chief Minister Yogi Adityanath on Friday distributed keys to 160 families under the EWS/LIG housing scheme at Palm Paradise, Deoria Bypass, Gorakhpur. The project, initiated by the Gorakhpur Development Authority (GDA), offers 80 flats for the economically weaker section (EWS) and another 80 for the lower-income group (LIG). The CM inaugurated and laid the foundation for 50 development projects worth ₹118 crore and also planted saplings. Yogi mentioned that for many families, owning a home is a cherished dream, and for 160 families, this Diwali signifies the realization of…

InfrastructureLatest Stories

Pune’s PCMC-Nigdi Metro Stretch Hits 50% Completion

PUNE: The civil work on the Nigdi elevated Metro line within the PCMC area has achieved a significant milestone, having reached the halfway point. Launched in August 2024, Maha Metro anticipates completing the remaining 50% of the project within the next 14 months, targeting a finish by December 2026. This 4.5 km Metro extension complements the Swargate to PCMC route, featuring four stations: Chinchwad, Akurdi, Nigdi, and Bhakti-Shakti Chowk. Initially projected for completion in three years (36 months), the goal has been adjusted to finish within 30 months. Officials expressed optimism about meeting this timeline, citing no major land acquisition…

IndustryLatest Stories

Urban Growth Surges with Land Changes in North Goa

PANAJI: This week, the town and country planning (TCP) board tentatively approved a new set of zoning change proposals, highlighting an increasing trend of urban expansion in North Goa’s valued villages. The 19 proposals announced by the TCP are primarily focused on areas like Salvador do Mundo, Assagao, Taleigao, Mandrem, and Parcem, all of which are under significant real estate pressure. Notably, several developers, including Rajlaxmi Dealcom Pvt Ltd, Adwalpalkar Construction & Resorts Pvt Ltd, and Priority Constructions, have sought zone changes specifically in Salvador do Mundo. This concentration indicates a definite push towards urbanization in Bardez, Pernem, and Tiswadi,…

Latest StoriesResidential

Delhi Residents Leave Signature View Apartments as Deadline Passes

NEW DELHI: Several residents of Signature View Apartments vacated the premises on Sunday, the final day of the court-mandated deadline. The Resident Welfare Association (RWA) of Signature View in Mukherjee Nagar stated that with the deadline passed, residents must leave the buildings. “As the MCD has previously indicated that water and power services will be cut off after October 12, many residents are departing today. We will have the final count by tonight,” said RWA president Amrendra Singh Rakesh in a statement to PTI. Located in North Delhi’s Mukherjee Nagar, the housing complex was constructed between 2007 and 2009 and…

InfrastructureLatest Stories

Noida Residents Protest Concrete Plant Blocking Road

NOIDA: Residents of Jaypee Greens Kensington Park Apartments in Sector 133 have been protesting against a nearby ready-mix concrete (RMC) plant. They claim the plant, set up by Jaypee Infratech Limited, poses health risks. Additionally, they assert that it lacks approval from relevant authorities, including the pollution department and Noida Authority, and has obstructed the two-way road in front of their complex. Vinay Dwivedi, a resident, expressed, “The establishment of this RMC plant has led to increased pollution in our area, adversely affecting residents’ health. Despite multiple requests to the Noida Authority, we have not received any response or action…

IndustryLatest Stories

Bengaluru Realty Firms Question NOC for Jakkur Flying School

The Bengaluru chapter of the Confederation of Real Estate Developers’ Associations of India (Credai) has raised alarms regarding the city’s municipal corporation mandating a no-objection certificate (NOC) from the Government Flying Training School (GFTS) at Jakkur. This certificate is essential for granting approvals like commencement and occupancy certificates for residential projects. Credai argues that this requirement could significantly delay and complicate the residential real estate sector in Bengaluru, which is vital for the city’s ongoing housing development efforts. In a communication directed to Karnataka’s urban development department’s additional chief secretary, Credai Bengaluru questioned the necessity of the NOC, noting the…

Latest StoriesResidential

Infrastructure Issues Impact Pune’s Affordable Housing Demand

PUNE: A decrease in the availability of affordable housing and challenges related to commuting and access to basic amenities is affecting demand in the city, as reported by industry experts and residents on Tuesday. Many affordable housing projects are situated on the city’s outskirts, including areas like Wagholi, Phursungi, Katraj, Dhanori, Lohegaon, and locations beyond Wakad and Balewadi, extending to Urali Kanchan. Industry experts noted that these locations often experience issues such as power outages, water supply shortages, and poor road conditions. “Many affordable housing projects fail to launch due to these challenges. On the supply side, the government should…

Latest StoriesResidential

Uttarakhand Halts Construction in 900 Illegal Colonies

RUDRAPUR: To address unauthorized urban sprawl, the District Development Authority (DDA) has enacted a comprehensive ban on construction activities in approximately 900 illegal colonies throughout Udham Singh Nagar district as of Saturday night. This decision follows an order from District Magistrate Nitin Singh Bhadauria due to rampant encroachments on Nazul land and unregulated building activities. Areas like Rudrapur, Kashipur, Bajpur, Khatima, Nanakmatta, Gadarpur, Dineshpur, and Jaspur have been flagged for violations, with numerous colonies being developed without adherence to legal regulations or development standards. DDA Secretary Pankaj Upadhyay stated, “There are nearly 900 colonies in the district that have been…

Latest StoriesRegulatory

HC rejects UP govt’s order to cancel builder’s ‘zero-period’ waiver

NOIDA: The Allahabad High Court has overturned a state government order that withdrew a lease rent waiver granted to a realtor under the “zero period” policy. On October 8, Justice Subhash Vidyarthi from the Lucknow bench invalidated the January 9, 2024 directive from the Infrastructure and Industrial Development Commissioner (IIDC). This directive had rescinded the lease rent waiver initially granted to Express Builders and Promoters. This ruling follows two previous decisions where the high court also set aside the same January 2024 order concerning Great Value Projects India (April 23) and Pan Realtors Pvt Ltd (May 29). The court noted…