Tag: Rishi Raj

IndustryLatest Stories

100+ Builders Target Housing Projects in Prayagraj: 2,000 Flats

PRAYAGRAJ: The city’s real estate market is set for significant development, with over 100 builders nationwide showing interest in launching residential projects as part of the Prayagraj Development Authority’s (PDA) group housing initiative. The robust interest signals an expansion in housing options for locals in the coming two to three years. The PDA has called for applications from private developers to build group housing on unused land in its residential schemes. Despite the application deadline being June 22, 104 builders from Noida, Gurugram, Delhi, Haryana, Bihar, Madhya Pradesh, and various districts in Uttar Pradesh, including Lucknow, Kanpur, Bhadohi, Azamgarh, Chitrakoot,…

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Prayagraj: PDA Reviews 10-Year Property Notices for Regularization

Representative AI image PRAYAGRAJ: The Prayagraj Development Authority (PDA) has initiated a significant review of notices issued over the past decade regarding properties in violation of building bylaws, approved maps, land-use norms, and other development regulations. This exercise, directed by PDA Vice-Chairman Rishi Raj, involves a thorough examination of old records to identify buildings that may now qualify for regularization under the relaxed provisions of Master Plan-2031. As part of this process, the PDA is reassessing notices issued to over 30,000 property owners. Many of these properties were previously deemed in violation of construction regulations and could not be regularized…

Latest StoriesResidential

Prayagraj: PDA Permits Family Members to Buy Flats Together

PRAYAGRAJ: In a pivotal move aimed at enhancing housing accessibility and encouraging the sale of unsold properties, the Prayagraj Development Authority (PDA) has introduced the long-anticipated Model Costing Guidelines. This new policy permits multiple family members to buy separate flats or houses under its residential schemes. This change represents a significant shift from prior regulations that restricted allotments in PDA housing projects to just one family member. Officials pointed out that no significant guidelines governing property transactions in development authority schemes have been introduced since 1999. This reform is thus considered a landmark decision after 26 years, having been officially…