Kolkata commuters approve of trams as eco-friendly and cost-effective
February 21, 2019

According to a study conducted in Kolkata, 1,226 commuters approved trams as a safe, eco-friendly and economical mode of transport. However, some felt that it entails immediate infrastructure and technological upgrade and a wider transport nexus to cover more people. The survey was conducted for two months to gauge commuters’ outlook towards trams and electric streetcars, factors propelling tram travel and scope of improvement to attract more passengers. The study showcased that trams are the only mode of travel that comply with the four feature safety, being environment-friendly, aids in conservation of fossil fuel and have a minimum land requirement.…

India’s Smart Cities Mission gains momentum
February 21, 2019

Post the clearance of the decks for infrastructure development work of the Area Based Development (ABD) component, construction on the Rs 10,500 crore Ranchi Smart City Project is likely to begin soon. The infrastructure development of ABD includes roads and transport system, water waste management, storm water drainage, plantation, smart street lightings, power infrastructure, and water supply covering the entire ABD area of 656.30 acres. Jharkhand Urban Infrastructure Development Company Limited (JUIDCO) is the executing agency of the project which will undertake the development work in Dhurwa-Jagannathpur. Ashish Singhmar, CEO, Ranchi Smart City Corporation Ltd, informs that, “The estimated cost…

Government to decide GST rate cut in next meeting: Finance Minister
February 21, 2019

The recent Goods and Services Tax (GST) Council meeting headed by Finance Minister, Arun Jaitley has postponed the decision on reducing the tax on under-construction properties to Feb 24, 2019. At an earlier event organised by Confederation of Real Estate Developers Association of India (CREDAI), Railways Minister, Piyush Goyal, had said that the government could take some measures regarding GST on real estate in the next Goods and Services Tax (GST) Council meeting to provide relief to the sector. This came after the Minister recently requested the banks to meet stakeholders from the sector on halted projects within two weeks. Further,…

Karnataka govt launches affidavit-based online land-use conversion
February 20, 2019

The Karnataka government has recently launched a simplified affidavit-based online land-use conversion process. The move has been taken to address the escalating complaints from the landowners, and look after the undue delay caused by the authorities in the process of land-conversion. The new process will not only expedite the process of land conversion by reducing the redundant delays and paperwork but would also help curb the prevalent corruption in the entire process. At present, land-conversion is known to command huge bribes, especially in and around Bangalore. The online process will protect the genuine landowners from exploitation at the hands of…

Nagpur civic body levies tax on open land parcels
February 19, 2019

Consequent to the revaluation and assessment drive of new and leftover properties, Nagpur Municipal Corporation (NMC) has started to levy property tax on big open spaces across the city. This includes gardens, abandoned open lands, agricultural lands, and private open lands where no layouts have been laid. The property tax department has already initiated the process of obtaining Geographical Information System (GIS) mapping of these spaces. As revealed, the assessment of these lands has already begun. NMC gardens will also be included under the purview of property tax, shares Milind Meshram, Assistant Commissioner, NMC property tax. As reported further, the…

Lower tax collections to impact civic projects in Lucknow
February 19, 2019

The reduced tax collection by Lucknow Municipal Corporation (LMC) in 2018-19 is likely to impact infrastructure development, mainly road and drain construction, in the city in 2019-20. Against the set target of Rs 260 crores, the body could collect only Rs 172 crore from house tax, resulting in a deficit of Rs 88 crore. Ideally, LMC’s tax collection from the entire city should be Rs 600 crore; however, since the Corporation is unable to cover all the houses in a fiscal, the tax collection target was decreased to Rs 260 crore in 2018-19. As per the LMC officials, the reduced…

Warehousing and logistics to attract $10 billion investment in the next 4-5 years
February 18, 2019

On account of structured reforms including infrastructure status and Goods and Services Tax (GST), the Indian warehousing and logistics sector is projected to attract $10 billion investment in the next 4-5 years. The total warehousing space is expected to double to 200 million sq ft by 2022. Taking note of the rapid e-commerce expansion across the country, demand for warehousing spaces has recorded an uptrend in both Tier I and Tier II cities and is touted to trigger realty growth, particularly in the markets of Delhi NCR, Mumbai, Bangalore, Pune and Chennai. Tier II markets such as Lucknow, Ludhiana, Guhawati,…

Navi Mumbai development body announces amnesty scheme
February 18, 2019

The City and Industrial Development Corporation (CIDCO) has come up with an amnesty scheme to govern the use of plots allotted for commercial, residential, warehouse and social facilities in Navi Mumbai. It has been noticed that several plots allotted by the development body are being misused and let out for other purposes. The development body has to spend a large amount on clearing encroachments on open plots. Giving one last chance to leaseholders of non-developed lands, the agency has directed them to execute a lease agreement within six months. Further, it has asked them to undertake development on these lands…

Government launches PMAY-U mobile application
February 15, 2019

The Union Housing and Urban Affairs Minister, Hardeep Singh Puri, has launched a mobile application through which the beneficiaries of Pradhan Mantri Awas Yojana (Urban) can avail subsidy under the scheme. The move will allow the government to prepare a digital database of all the beneficiaries of the scheme. Existing beneficiaries can also upload pictures and videos of their completed homes and share testimonials on the mobile application. Secretary, Durga Shanker Mishra, also said that provision to permit applicants to apply for subsidy under the scheme through the mobile application would also be made. The State, as well as the…

Raipur to expedite Smart City projects: Commissioner
February 15, 2019

Smart City projects in Raipur, that are pending since 2018, are set to be accelerated. The news comes after the city saw a fall in the smart city ranking announced by Housing Ministry in February 2019. Raipur scored 39.47 marks in the ‘execution of smart city projects’ based on which, it was ranked 57th in the list. According to Shiv Anant Tayal, Commissioner and Managing Director of Raipur Smart City Limited, the city will soon carry out development work and ascertain that no heritage sites are damaged. He further added that the government would introduce music, sports and culture related…

Indore witnesses 15 percent growth in use of fly ash bricks
February 15, 2019

Indore has witnessed a 15 percent growth in the use of fly ash bricks in 2018 as compared to 2017. The surge can be attributed to the increase in construction activities in the city. According to Fly Ash Bricks Manufacturers Co-Operative Society, fly ash bricks, blocks and tiles will witness robust demand in the near future. However, its availability is limited due to restricted supply and high transportation cost. Abhishek Purohit, Vice-President, Fly Ash Bricks Manufacturers Co-Operative Society said that although government agencies and private developers have initiated the use of fly ash products, they have not yet completely substituted…

NCLT must inform regulators before attending RERA-registered cases: MahaRERA
February 15, 2019

Speaking on the issue of forum shopping at an event, the Maharashtra Real Estate Regulatory Authority (MahaRERA) Chairman, Gautam Chatterjee recommended that before taking up a real estate case, the National Company Law Tribunal (NCLT) should refer it to the respective State regulator, rather than trying to resolve it. He added that filing a case against a project with the NCLT will temporarily put a halt on the same for six to nine months. He further said that if a project is registered under Insolvency and Bankruptcy Code (IBC), it means that it has become insolvent and according to past…

Tamil Nadu appoints RERA Chairman
February 15, 2019

The Tamil Nadu Real Estate Regulatory Authority (TNRERA) has appointed the former Additional Chief Secretary to the Industries department, K Gnanadesikan as the Chairman of the State regulator. Gnanadesikan is the first Chairman of the regulatory authority ever since the Real Estate (Regulation and Development) Act (RERA) came into force in the State in June 2017. In addition to this, the State, through an order appointed Madurai-based advocate, V Jeyakumar and S Manohar, Engineer in Chief, Buildings, Public Works Department (PWD) as members of the regulatory authority. In another directive issued by the State, retired District Judge, N Balasubramaniam and former…

Land pooling scheme moves ahead in Visakhapatnam
February 14, 2019

The Visakhapatnam Metropolitan Region Development Authority (VMRDA), which initiated the activity to pool nearly 2,300 acres of land across the district, has pooled 900 acres of till February 2019. Of the total pooled land, 209 acres of land has been pooled in Tri-Junction, an intersecting point in of five villages in Sabbavaram, Gajuwaka and Parawada mandals. The civic body has also pooled 80 acres of land in Dabbanda of Anandapuram mandal while 94 acres of land is pooled in Kothavalasa village in Bheemunipatnam Mandal. Another 88 acres of land have been pooled in SR Puram in Pendurthi mandal while 430…

Government approves Patna Metro Rail Project
February 14, 2019

The Union government has given the nod to the Patna Metro Rail Project comprising of two corridors - Patna Railway Station to New Inter State Bus Terminal (ISBT) and Danapur to Mithapur. The metro project will be implemented in five years and is estimated to cost Rs 13,365.77 crore. Corridor 1 between Danapur Cantt and Mithapur will intersect the heart of city and link areas such as the Raza Bazar, the High Court, the Secretariat and the Law University Railway Station. Majority portion of the 16.94 km-long corridor will be underground, and a part of it will be elevated. It…

Centre to reward best-performing States/UTs for PMAY (U)
February 14, 2019

The Union Housing and Urban Affairs Ministry revealed that the States and Union Territories that have performed the best in implementing the Pradhan Mantri Awas Yojana (Urban) would be rewarded. The Ministry added that the purpose of these awards is to motivate other States and UTs to perform better and fulfil the government’s mission of providing Housing for All within the specified time-frame. As of date, around 15 lakh houses have been constructed as against the one crore target set by the government. The government has set 2022 as the deadline to achieve the same. There will be some special…

Andhra Pradesh issues land pattas to 1.15 lakh families
February 13, 2019

The Andhra Pradesh government has recently issued land pattas to nearly 1.15 lakh families living in hilly regions of Vijayawada. Chief minister, N Chandrababu Naidu granted pattas worth Rs 7,500 crore to the identified beneficiaries. With this development, people living in hilly areas would get better infrastructure and civic amenities. Officials have shared that nearly two lakh families residing on the government lands have been demanding to get land pattas issued for the past 30 years. Considering the demand, the State government had conducted a survey and identified 1.15 lakh genuine beneficiaries residing in unauthorised properties in hilly areas.  Citizens are…

Meerut Expressway and Faridabad to have a direct road link
February 13, 2019

The National Highways Authority of India (NHAI) is preparing a Detailed Project Report (DPR) for a new corridor to ease traffic congestion on the Ring Road near Sarai Kale Khan in Delhi. The decision was made to provide hassle-free traffic movement between Delhi-Meerut Expressway (NH-9) and Faridabad in Haryana. Last year, the NHAI took over the Kalindi Kunj bypass project from the Public Works Department (PWD). To commence the construction work on the Kalindi Kunj project, the Ministry of Road Transport and Highways had notified the corridor between NH-9 near Sarai Kale Khan in Delhi and Kail Gaon, Ballabhgarh and…

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