Category: Latest Stories

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InfrastructureLatest Stories

Pune Residents Demand Action Against Officials for Floodline Builds

Certainly! Here’s a rewritten version of the content: PUNE: Recent flooding along the banks of the Mula and Mutha rivers, particularly in areas like Ekta Nagari and the Rajput slums in Bopodi, has once again underscored the urgent need to clearly define the flood zones. Homeowners who invested in properties decades ago are now anxious about their investments, seeking accountability for permits issued for construction in flood-prone areas. Local inhabitants expressed frustration over conflicting views between local authorities, the irrigation department, and district administration regarding the proper delineation of flood risk areas. Residents argue, “If the flood zones had been…

InfrastructureLatest Stories

Chandigarh Admin Orders Firefighting System in Dhanas Colony

CHANDIGARH: Concerned about the lack of a firefighting system at the Dhanas Rehabilitation Colony, Punjab Governor and UT Administrator Gulab Chand Kataria has urged the Chandigarh Housing Board (CHB) to expedite its installation. The administrator expressed frustration over the delays and has instructed the CHB to take immediate action and report back within a month. Over 45,000 lives are at risk in the city’s largest rehabilitation colony, which has been without a firefighting system for 13 years. The colony contains 8,448 flats allocated to slum dwellers as part of a Government of India scheme, with residents moved in since 2013.…

IndustryLatest Stories

PAC: Punjab Building Rules Inferior to Land Pooling

LUDHIANA: Members of a public action committee have voiced strong opposition to the draft Punjab Unified Building Rules 2025. They argue that the proposed regulations are even more detrimental than the land pooling scheme previously withdrawn by the state government due to public pressure, claiming it will exacerbate traffic congestion and other issues, undermining its intended purpose. The objections were presented by PAC (Mattewara) representatives—Jaskirat Singh, Kapil Arora, Kuldeep Singh Khaira, and Amandeep Bains—before the director of town and country planning on Thursday. The housing and urban development department had solicited public feedback on the Draft Punjab Unified Building Rules…

Latest StoriesRegulatory

MP HC summons Bhopal collector in contempt matter

BHOPAL | JABALPUR: The Madhya Pradesh High Court has summoned Bhopal collector Kaushlendra Vikram Singh to appear on August 25 regarding a contempt petition. This petition concerns non-compliance with a court order issuing a revenue recovery certificate (RRC) for the recovery of ₹70 lakh from a builder, as decreed by the Real Estate Regulatory Authority (RERA). Bhanu Pratap Singh from Gwalior submitted the contempt petition after RERA ruled in his favor, issuing a RRC for ₹70 lakh against a Bhopal builder. The RRC was to be executed by the Bhopal collector, yet there has been no action taken. This prompted…

Latest StoriesRegulatory

DLF Ordered to Compensate Buyer for Flat Delay in Kakkanad

KOCHI: The Ernakulam district consumer disputes redressal commission has mandated DLF, a real estate developer, to provide compensation for the delayed handover of a flat by nearly four years, along with additional charges imposed. This order was issued following a complaint lodged by Seena Susan Kuruvilla and her son, Mithun Kuruvilla, regarding the DLF New Town Heights project located in Kakkanad. In May 2010, the complainants reserved an apartment at DLF New Town Heights for Rs 34.29 lakh, with an agreement stating the flat would be delivered by January 19, 2013. Despite having paid 95% of the total, the flat…

IndustryLatest Stories

Brigade Group Leases 9-Acre Plot on Chennai’s OMR

Representative image created by AI BENGALURU: Brigade Group, a prominent real estate developer, has secured a long-term lease for nine acres of land in Perungudi along the Old Mahabalipuram Road (OMR) in Chennai from YMCA. This acquisition stands out as one of the most significant transactions in the city’s IT corridor in recent years. The site, leased for 55 years, is situated in a strategically important area where large land parcels are rare. It has the potential for development of approximately 1.6 million sq ft, according to an insider. Though financial specifics are not disclosed, experts estimate that land at…

Latest StoriesResidential

PM to Inaugurate PMAY Homes in Gujarat

AHMEDABAD: Prime Minister Narendra Modi will embark on a two-day visit to Gujarat starting August 25, during which he will inaugurate 1,449 houses and 130 shops constructed under the Pradhan Mantri Awas Yojana (Urban), with a total investment of Rs 133.42 crore, according to officials. The inauguration of these houses is a key event during his visit, as per an official statement. “As part of the in-situ slum redevelopment initiative under the PMAY (Urban), the Prime Minister will inaugurate rehabilitation efforts encompassing 1,449 houses and 130 shops at a cost of Rs 133.42 crore, located in sector-3 of the slum…

Latest StoriesResidential

Andhra CM: Speed Up Welfare Housing for Poorer Sections

AMARAVATI: Andhra Pradesh Chief Minister N Chandrababu Naidu announced on Wednesday plans to expedite welfare housing initiatives for economically disadvantaged groups. His target is to complete 10 lakh houses by March 2026. Naidu envisions that three lakh houses should have their housewarming ceremonies next month, while two lakh additional homes should be allocated to beneficiaries by the Sankranti festival. “Every poor family in the state should have their own home. The welfare housing initiatives must be realized swiftly. We aim to reach one million houses by March 2026,” Naidu stated in a press release. In a review of the housing…

CommercialLatest Stories

Fit-Outs: The New Revenue Engine for Flexible Offices

Office fit-outs are increasingly becoming a significant revenue source for operators of flexible workspaces. In the first half of 2025, India saw a steady 3% rise in fit-out costs across its top eight cities. According to Cushman & Wakefield, India remains one of the most cost-effective locations for office fit-outs in the Asia-Pacific region, making it an appealing market for businesses looking to expand their workspaces. With a gross leasing of 42 million square feet during this timeframe, the sector is poised to exceed 90 million sqft of leasing activity annually for the first time. “The increasing need for customized…

IndustryLatest Stories

Gurugram RWAs demand GST cut on maintenance bills to 5%

GURUGRAM: Resident welfare associations (RWAs) have urged Haryana CM Nayab Singh Saini that essential services like security, water supply, and sanitation should not be subjected to luxury taxes. They are calling for a rationalization of the GST applied on monthly maintenance fees. In their appeal, they have asked Saini, who also oversees finance, to reduce the GST rate from 18% to 5% and to raise the exemption limit from Rs 7,500 to Rs 10,000 per flat per month. This request arises in light of PM Modi’s announcement on Independence Day, which stated that the GST framework would be revamped into…