Shirdi airport to become operational in May 2017
April 15, 2017

The new airport at Shirdi in Maharashtra is expected to become operational from May 2017. The Shirdi Airport in Ahmednagar district will be the first airfield developed and managed by the Maharashtra Airport Development Company Limited (MADC) since its formation in 2002. As confirmed by MADC officials, the airport worth Rs 320.54 crore will initially cater to domestic flights and will later be upgraded to host international flights. While the airport is expected to operate… Read More

Kolhapur authority offers conditional rebate of 4% in property tax
April 14, 2017

The Kolhapur Development Authority (KDA) has recently announced a scheme offering four percent concession in property tax for citizens who have set up facilities such as rain water harvesting, waste water recycling plant, garbage composting plant, and solar power units. This move is aimed at encouraging property owners to set up environment-friendly systems that reduce the burden on the civic body. Property owners in Kolhapur will get a concession of one percent in property tax… Read More

Mangalore corporation hikes property tax by 15%
April 9, 2017

With effect from April 1, 2017, the Mangalore City Corporation has hiked the property tax rates in the city by 15 percent. Acting under section 109 of the Karnataka Municipal Corporations Act, 1976, the civic body has hiked the property tax by 45 as against the base enhancement year of 2008-09 percent for commercial and residential as well as non-commercial/residential properties. Meanwhile, MCC has not made any changes in the property rates for non-residential/non-commercial and industrial users. This is expected… Read More

Rajasthan government amends Chief Minister Jan Awas Yojana 2015
April 5, 2017

Rajasthan’s urban development and housing department has decided to amend the state housing scheme, Chief Minister Jan Awas Yojana 2015. This decision has been taken after reviewing the provisions of the scheme and considering feedback from stakeholders, such as development authorities, urban local bodies, and developers. The amended provisions state that developers will have to reserve 10 percent and 7.5 percent of the saleable area in their residential projects for Economically Weaker Sections (EWS) and Low Income… Read More

Nashik to soon have 70 m high, 24 storied buildings
March 27, 2017

Nashik’s skyline is expected to soon witness a drastic change with the height limitations of buildings eased. Authorities have ruled in favour of allowing buildings as high as 70 m in a city where buildings are of a maximum height of 40 m. The new Development Control Promotions and Regulations (DCPR) will allow buildings to have up to 24 floors as against the existing permission for 14 floors. The construction norms in Nashik limited the… Read More

Rajkot civic body seals 350 properties of tax defaulters
March 25, 2017

In a drive to recover tax dues for the current financial year, the Rajkot Municipal Corporation (RMC) has sealed 350 properties in the city. Various RMC teams sealed properties for the combined recovery of around Rs 9 crore. Many of these properties, mostly commercial, were located in Maruti Nandan Complex, Arjun Park, Brahmni Motors, Tirupati Balaji Park, Akshardham Complex, Vindonagar, Sardar Complex, Panchratna Society, Ramnagar, Meghaninagar, Jangleshwar, Karanpara, Bangdi Bazaar, GIDC, Gundavadi, Kothariya, Bapunagar, Kevdavadi… Read More

Nagpur to have uniform water rates for all residential properties
March 22, 2017

Nagpur Municipal Corporation (NMC) has announced that henceforth, uniform rates will be charged for water supplied to residential properties in the city, irrespective of the status of occupancy certificates (OC). The decision was taken at the general body meeting, chaired by mayor Nanda Jichkar. Until now, residential properties without occupancy certificates were supplied water at much higher commercial rates. A proposal by the water department stated that occupancy certificates be made mandatory for providing new… Read More

Delhi and Jaipur to be linked through a 195 km super expressway
March 21, 2017

The National Highways Authority of India (NHAI) has initiated the land acquisition process for a new 'super expressway', which will reduce the distance between Delhi and Jaipur by around 40 km. The 195-km long speedway will start near the Kherki Daula toll plaza in Gurgaon (acting like an extension of the Delhi-Gurgaon expressway) and pass through seven districts of Rajasthan before terminating at Jaipur. The Union Road Transport and Highways Ministry had earlier planned for… Read More

Proposed hike in registration fee in Bhopal to make apartments costlier
March 19, 2017

Owning an apartment in Bhopal might become more expensive than plots if the proposed changes in the collector rate guidelines are approved. Registration fee for flats might witness a greater hike than the fee for registering plots in the city. The district evaluation committee has raised the registration fee for apartments to 20 percent. This hike of five percent is the steepest rise in registration values in three years. Experts share that the collector rate… Read More

Aluva-Palarivattom Kochi Metro line to be operational by April 2017
March 18, 2017

Kochi Metro will start operating from Aluva to Palarivattom in April this year. The decision to make the long-awaited route operational was taken at a meeting convened by Pinarayi Vijayan, Chief Minister, Kerala. As confirmed by officials, the date of inauguration would be revealed after obtaining clearance from the Commissioner of Metro Rail Safety (CMRS). The CMRS representatives are expected to come down for inspection soon and issue a safety certificate as they have been… Read More

Indore realtors offer free commute for homebuyers in Super Corridor
March 12, 2017

Developers with residential projects in Indore’s Super Corridor area are planning to offer free transportation facilities to the main city. Upcoming townships will also have entertainment facilities such as food zones and shopping complexes. These are aimed at attracting prospective homebuyers, particularly young professionals and Information Technology (IT) employees, to the projects in the Super Corridor. Local experts state that residential properties in the Super Corridor area are expected to remain popular since offices of… Read More

Kozhikode authorities to dispense funds to 900 beneficiaries under PMAY
March 7, 2017

The Kozhikode Corporation will soon disburse the first instalment of Rs 30,000 each to 900 beneficiaries under the Pradhan Mantri Awas Yojana (PMAY). The beneficiaries have been shortlisted on the basis of proper land holding documents and subsequent verification of documents. It must be noted that only the people who own land and have been residing in the corporation limit for the past three years will be eligible for the loan disbursement. Officials share that… Read More

Bhubaneshwar to get additional EWS housing stock
March 6, 2017

The housing stock for Economically Weaker Sections (EWS) in Bhubaneshwar is set to get a boost as the Bhubaneswar Development Authority (BDA) and the Bhubaneswar Municipal Corporation (BMC) plan to execute 10 slum development projects in the city. This will create 5,000 new residential units for the EWS category. Meanwhile, authorities have already commenced works to develop 5,000 EWS units under Public Private Partnership (PPP) projects and the new announcement will put the total EWS housing stock at 10,000.… Read More

Bhopal receives Rs 700 crore for Smart City project
March 2, 2017

Jayant Malaiya, Finance Minister, Madhya Pradesh, recently allocated Rs 700 crore to Bhopal under the Centre’s Smart Cities Mission. The minister confirmed that no provision has been made for metro rail in the city as the proposed development is awaiting clearance from the Union government. Giving the smart city development a strong push, 354 acre at North TT Nagar in Bhopal is expected to take shape soon. Bhopal is one of the seven cities in… Read More

State cabinet approves Odisha RERA rules
February 26, 2017

Pushpendra Singhdeo, Housing and Urban Development Minister, Odisha, announced that the state cabinet has given its nod to the Real Estate (Regulation and Development) rules for the state. Singhdeo expressed confidence that this will bring transparency in the real estate transactions in the state. The minister shared that a Real Estate Appellate Tribunal will be constituted as per the Real Estate Act. This tribunal would be headed by a retired Chief Justice, assisted by two… Read More

Haryana to have Science City in Sonepat
February 23, 2017

Much to the delight of the citizens, Haryana will soon have a Science City in Sonepat. The finance department of Haryana government has approved the project, which will be set up at a tentative cost of Rs 200 crore. The state government has also approached the Union Ministry of Culture to seek Centre-State cost-sharing sanction for the ambitious project. Since the National Capital Region (NCR) does not have any Science City in its vicinity, the… Read More

Coimbatore Corporation buildings aim for 40% reduction in energy consumption
February 20, 2017

The Coimbatore City Corporation (CCC) intends to reduce the energy consumption of its buildings by 40 percent in an attempt to turn them into green structures. K Vijayakarthikeyan, Commissioner, CCC, explained that a green building does not just mean setting up a rain water harvesting system and solar panels. It is important to follow the standards set by the Indian Green Building Council (IGBC) and integrate technology in order to reduce energy consumption. He added that even… Read More

Jaipur authority revises green corridor in Master Plan
February 20, 2017

The Jaipur Development Authority (JDA) has decided to revise the green corridor marked in the city’s Master Development Plan (MDP) 2025. The Master Plan 2025 had mentioned the stretch between Todi Mod and the JDA region on either side of the national highway as the green corridor. This was in contradiction with the 2011 master plan, where the green corridor was proposed between Harmara Mod and the JDA region. The Building Planning Committee (BPC) has decided to… Read More

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