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Andhra Pradesh CM’s advisor urges officials to fast track land survey, Real Estate News, ET RealEstate

AMARAVATI: Principal advisor to chief minister, Ajeya Kallam, has directed officials to expedite comprehensive land survey in the state.Kallam, chairman of the state-level steering and implementation committee for the comprehensive survey, said that chief minister Y S Jagan Mohan Reddy is closely monitoring its progress.He said any delay in completing the mission would not be […]

Andhra Pradesh CM’s advisor urges officials to fast track land survey, Real Estate News, ET RealEstate Read More »

Mumbai cops to own BDD service quarters under new rule, Real Estate News, ET RealEstate

MUMBAI: In a city where police housing has historically been in short supply, BDD chawl redevelopment in central Mumbai now threatens to reduce the number of service quarters available in the scheme to constables by more than half.The Mumbai police commissionerate that owns 2,900 tenements in the BDD chawls stands to lose 1,800 of them

Mumbai cops to own BDD service quarters under new rule, Real Estate News, ET RealEstate Read More »

Panchkula civic body plan to replace 18,500 street lights delayed by two months, Real Estate News, ET RealEstate

PANCHKULA: The plan of the municipal corporation (MC) to replace 18,500 street lights with LED smart street lights having a single control room for messages to enable repairs in quick time has been delayed by two months.The work was supposed to start from June but only technical bids have been opened so far. Once started,

Panchkula civic body plan to replace 18,500 street lights delayed by two months, Real Estate News, ET RealEstate Read More »

Aurangabad civic body initiates steps to regularise Gunthewari properties, Real Estate News, ET RealEstate

AURANGABAD: The local civic body has decided to prepare proposals for regularising Gunthewari properties within municipal limits of Aurangabad. A group of 25 architects and engineers will be hired on a contract basis for this.While the demand for regularizing Gunthewari properties is quite old, the latest amendment to Maharashtra Gunthewari Developments (Regulation, up-gradation and Control)

Aurangabad civic body initiates steps to regularise Gunthewari properties, Real Estate News, ET RealEstate Read More »

Chandigarh civic body notice to 200 houses in Sarangpur, Khuda Lahora, Real Estate News, ET RealEstate

CHANDIGARH: The municipal corporation has served notices on around 200 residences of Sarangpur village and Khuda Lahora for draining out their wastewater from kitchen and bathroom to storm line instead of sewage line, which further took it to Patiala ki Rao choe, polluting the natural rivulet. Sarangpur has been adopted by city MP Kirron Kher,

Chandigarh civic body notice to 200 houses in Sarangpur, Khuda Lahora, Real Estate News, ET RealEstate Read More »

Kolkata civic body lens on construction debris dumped in ponds, Real Estate News, ET RealEstate

KOLKATA: A sizeable portion of construction waste and debris generated in added areas like Garden Reach, Metiabruz, Behala, Jadavpur or areas located off EM Bypass are being used to fill up ponds by land sharks. This issue featured prominently in a meeting between the KMC board of administrators and senior Lalbazar cops.The meeting was convened

Kolkata civic body lens on construction debris dumped in ponds, Real Estate News, ET RealEstate Read More »

Karnataka government sets deadline of Sept 30 for UDAs to develop CDPs, Real Estate News, ET RealEstate

BENGALURU: The Karnataka government has set a deadline of September 30 for the Urban Development Authorities (UDA) to prepare Comprehensive Development Plans (CDP).In a meeting held on Thursday, the Urban Development Minister B A Basavaraja gave the directions to the commissioner of urban development authorities to submit the CDP within the stipulated time, a statement

Karnataka government sets deadline of Sept 30 for UDAs to develop CDPs, Real Estate News, ET RealEstate Read More »

Civic body to issue Rs 24 crore property tax notice to six Chandigarh department divisions, Real Estate News, ET RealEstate

CHANDIGARH: With Rs 24 crore property tax outstanding against the UT administration, the tax department of the municipal corporation (MC) is ready to send separate tax notices to all six divisions of the engineering department of the UT instead of just one, which was the practice earlier.Though all these divisions are of the engineering department

Civic body to issue Rs 24 crore property tax notice to six Chandigarh department divisions, Real Estate News, ET RealEstate Read More »

Sebi revises minimum application value, trading lot for REITs, InvITs, Real Estate News, ET RealEstate

NEW DELHI: Markets regulator Sebi has reduced the minimum application value of REITs and InvITs, and revised trading lot to one unit for these emerging investment instruments to make them attractive for retail investors. The minimum application value has been cut down to the range of Rs 10,000-15,000 for both REITs and InvITs, compared to

Sebi revises minimum application value, trading lot for REITs, InvITs, Real Estate News, ET RealEstate Read More »

Ajmera Realty posts net profit of Rs 10 crore in Q1 FY22, Real Estate News, ET RealEstate

NEW DELHI: Ajmera Realty & Infra reported five-fold jump in consolidated net profit at Rs 10.26 crore for the first quarter of the financial year 2021-22, the company said in a BSE filing. It had recorded a net profit of Rs 2.10 crore in the corresponding quarter previous year. The company’s total income rose to

Ajmera Realty posts net profit of Rs 10 crore in Q1 FY22, Real Estate News, ET RealEstate Read More »

Over 3.6 million Americans at risk of evictions as President Congress fail to extend ban, Real Estate News, ET RealEstate

File photo WASHINGTON: A nationwide eviction moratorium is set to expire Saturday night after President Joe Biden and Democrats in Congress worked furiously but ultimately failed to align on a long-shot strategy to prevent millions of Americans from being forced from their homes during a COVID-19 surge. More than 3.6 million Americans are at risk

Over 3.6 million Americans at risk of evictions as President Congress fail to extend ban, Real Estate News, ET RealEstate Read More »

Centre in talks with West Bengal government on new tenancy law, Real Estate News

KOLKATA: The Centre is in constant touch with West Bengal government for implementation of the new tenancy act, which could change the real estate landscape, feels Durga Shanker Mishra, the secretary of Union ministry of housing and urban affairs. Addressing the members of the Bharat Chamber of Commerce at an exclusive e-Session on ‘Transformation in

Centre in talks with West Bengal government on new tenancy law, Real Estate News Read More »

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