Tag: Bihar

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Bihar RERA Orders Refund for 18 PK Villa Project Homebuyers

PATNA: On Monday, homebuyers invested in the PK Villa Project by Agrani Homes received some good news, as the Real Estate Regulatory Authority (RERA) of Bihar announced that 18 individuals who had lodged complaints against the builder will be eligible for partial refunds of their total payments. The RERA official stated, “These 18 homebuyers will receive a cumulative refund of ₹1 crore, distributed proportionally based on their contributions. Additionally, RERA Bihar is working to auction off seized lands from Agrani Homes and other developers to provide further compensation to homebuyers.” The landowner of the PK Villa Project has complied with…

IndustryLatest Stories

Bihar Offers Free Land and ₹40 Crore Interest Support to Investors

PATNA: On Tuesday, the Bihar government unveiled a new policy that offers free land and interest subsidies of up to Rs 40 crore to investors in the industrial sector. Chief Minister Nitish Kumar stated that the ‘Bihar Industrial Investment Promotion Package 2025 (BIPPP-2025)’ aims to enhance industrial development in the agrarian state, generating approximately 1 crore jobs over the next five years. “To encourage industry in Bihar, the government has introduced the Bihar Industrial Investment Promotion Package 2025 (BIPPP-2025) following the BIADA Amnesty Policy 2025. This includes interest subsidies of up to Rs 40 crore for investors,” he shared in…

InfrastructureLatest Stories

Bihar CM Reviews Patna Metro Rail Project Construction

File Photo PATNA: On Tuesday, Bihar Chief Minister Nitish Kumar visited the construction site of the Patna Metro Rail Project. He instructed officials to speed up the construction process. According to a statement from the Chief Minister’s Office, “During the visit, the CM assessed the Metro Terminal at Bariyarpur and reviewed the metro rail coaches, tracks, yard, power grid, and associated infrastructure.” The CM emphasized the need to expedite the project’s construction. Regular inspections are being conducted to ensure efficient progress on the construction work. During the inspection, the CM engaged with officials to discuss the current status of the…