Category: Latest Stories

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Latest StoriesResidential

PMAY-Urban Deadline Extended to September End in Odisha

BHUBANESWAR: The central government has announced an extension of the Pradhan Mantri Awas Yojana-Urban (PMAY-U) until September 30, 2026. This extension is deemed the final deadline for completing pending housing units, with a clear statement that no financial support will be granted for projects not initiated by December 31, 2025. An official update from the Ministry of Housing and Urban Affairs states that future central assistance will only apply to houses sanctioned before March 31, 2024, and those either completed or under construction by December 31, 2025. Any projects that do not commence before this deadline will be ineligible for…

InfrastructureLatest Stories

New Buildings Found on Protected Forest Land in Anangpur

GURUGRAM: New construction activities have emerged in the protected forest area of Anangpur village. Observations during a site visit revealed recently erected structures, extensive boundary walls, and indications of ongoing development within a region governed by the Punjab Land Preservation Act (PLPA), which has been the focal point of numerous legal disputes regarding encroachments in the Aravalis. During an inspection, TOI discovered a substantial multi-story building nearing completion, along with newly plastered compound walls surrounding significant land parcels and signs of ongoing masonry work. The land records confirm that these constructions are within a PLPA-designated area. This new development occurs…

IndustryLatest Stories

Jaipur Development Body Shifts to Direct Plot Auctions for Revenue

Representative AI image JAIPUR: In response to the ongoing real estate slowdown, the Jaipur Development Authority (JDA) has initiated the auctioning of residential plots directly to end buyers, moving away from its prior focus on investor-centric land sales. “The JDA has shifted its emphasis from investors to end users and has commenced e-auctioning vacant plots within residential schemes. Our aim is to encourage direct buyer participation to enhance auction responses and boost revenue,” remarked a JDA official. Previously, the authority allocated commercial, institutional, and group housing plots through various projects. However, due to failure by earlier buyers to pay the…

Latest StoriesResidential

Bhubaneswar: BDA Directs Allotees’ Group to Hold New Executive Polls

BHUBANESWAR: The Bhubaneswar Development Authority (BDA) has mandated the allottees’ association of a significant residential project in Kalinga Nagar to hold new elections for its executive committee. This decision follows complaints regarding serious procedural violations since the Odisha Apartment (Ownership and Management) Act, 2023, took effect. Acting as the relevant authority under the Act, the BDA issued this order after considering complaints from several allottees of the Kalinga Nagar apartment project. The plaintiffs alleged that the last election held in October 2024 contravened statutory requirements and model bye-laws. The BDA, after reviewing arguments from both parties and conducting a conclusive…

Latest StoriesResidential

Indore to Seek Tenders for 8,100 PMAY 2.0 Flats

INDORE: The Indore Municipal Corporation (IMC) is set to build 8,100 new flats as part of the Pradhan Mantri Awas Yojana (PMAY) to help those impacted by road widening projects and provide affordable housing options. “The Mayor-in-Council (MIC) has approved the tender invitation for constructing 8,100 new high-rise residential flats under PMAY 2.0,” stated additional commissioner Arth Jain to TOI. He emphasized that the initiative aims to support families displaced by various infrastructure projects while contributing to the local affordable housing market. The estimated financial outlay for this extensive housing project is about Rs 1,200 crore. This preliminary cost includes…

IndustryLatest Stories

Legal Disputes Shadow Telangana’s High-Value Land Auctions

Representative image HYDERABAD: Land auctions in Telangana are increasingly becoming battlegrounds in court, with disputes arising just before or after the sale of valuable plots. From record bids in Raidurg to extensive legal disputes in Kokapet, government agencies are grappling with legal obstacles that threaten their revenue-generating efforts. The Hyderabad Metropolitan Development Authority (HMDA) and the Telangana Industrial Infrastructure Corporation (TGIIC), responsible for managing these auctions, acknowledge that the challenges are intensifying. The recent Raidurg auction, which saw TGIIC achieve an unprecedented ₹237 crore per acre, faced an immediate setback when the State Bank of India petitioned the high court…

IndustryLatest Stories

Maharashtra to Revise Leasehold Land Records in Three Months

PUNE: Revenue Minister Chandrashekhar Bawankule has initiated a statewide effort to correct revenue records for government leasehold land. This action follows the identification of numerous cases where leaseholders have been improperly categorized as “occupants,” enabling them to make illegal claims on valuable public land. District collectors have been instructed to review these entries and update the records within three months. This directive comes in the wake of findings by the Vikas Kharge committee, which investigated land irregularities in Pune’s Mundhwa area. The committee highlighted widespread record manipulation and recommended significant reforms to protect public property. These findings were presented to…

IndustryLatest Stories

Gurugram: 181 PG Rooms, 29 Commercial Units Sealed in DLF III

GURUGRAM: On Saturday, the extensive enforcement initiative to seal illegal constructions and restore rightful use of public spaces continued into its third day in DLF Phase-3. Teams sealed 181 rooms in four paying guest (PG) buildings, along with 29 commercial establishments operating unlawfully within residential properties. This operation was carried out by the district town planning (enforcement) department, following directives from the Punjab and Haryana High Court. The police and district administration provided support throughout the enforcement activities in S Block and neighboring areas of DLF Phase 3. The campaign aims to return residential buildings to their original plans and…

IndustryLatest Stories

CREDAI Supports CRZ Reclassification for Visakhapatnam Coast

VISAKHAPATNAM: A proposal to reclassify segments of the Visakhapatnam coastline from Coastal Regulation Zone (CRZ)-III B to CRZ-II is currently under consideration. Stakeholders are discussing its potential impact on urban development, environmental protection, and real estate growth. The Andhra Pradesh Coastal Zone Management Authority (APCZMA) is reviewing a request to change nearly 499 hectares of coastal land between Madhurawada and Bheemunipatnam to CRZ-II status. Official documents indicate that over 64% of the identified area is already developed, supported by infrastructure such as roads, drainage systems, and water supply networks. Officials believe that this reclassification would enable significant infrastructure projects, including…

Latest StoriesRera

Odisha RERA Seeks More Autonomy from Government

BHUBANESWAR: The Odisha Real Estate Regulatory Authority (ORERA) has called on the state government to provide it with financial and administrative autonomy due to operational challenges that hinder its effectiveness. This request follows a recent advisory from the Union Ministry of Housing and Urban Affairs, encouraging states to enhance the capacity and independence of their real estate regulatory bodies. In a letter sent to the state government earlier this month, ORERA highlighted that its lack of independent financial powers leads to reliance on government approvals for crucial decisions such as staff recruitment and salary disbursement. Officials have indicated that, although…