AAI directs demolition of 70 buildings near Surat Airport
August 20, 2018

The Airport Authority of India (AAI) has served notices to 70 buildings in Surat. While surveying these buildings, the authority found that these buildings in 17 residential projects were intruding the runway 22 on Vesu side of the Surat airport. The issued notice has asked the realtors and housing society presidents of the respective societies to demolish the structures within two months. The builders have been asked to trim their building height within the permissible top elevation, failing which the issue will be handed over to the Directorate General of Civil Aviation (DGCA). Sanjay Kumar Panigrahi, Airport Director, explained that…

Property tax collection goes up in Visakhapatnam
August 17, 2018

The Greater Visakhapatnam Municipal Corporation (GVMC) has recovered around Rs 120 crore in property tax collection, including vacant land tax. This is 23 percent higher in comparison to the 2016-17 fiscal when the tax collected amounted to Rs 97 crore. After thorough analysis and alteration in tax structure, a target of Rs 300 crore property tax was set by the civic body, as against the last year’s demand of Rs 260 crore. The GVMC now wants to collect as much property tax as possible through regular collection process instead of launching special tax collection initiatives at the September and March…

Andhra Pradesh completes 17 Smart City projects
August 16, 2018

Out of the 51 Smart City projects that were proposed to be implemented in Andhra Pradesh, nearly 17 have been completed. M Hari Narayanan, Municipal Commissioner, reported that the projects were projected to be implemented at the cost of Rs 1,610.9 crore, and nearly Rs 111.58 crore have been spent to complete these 17 projects.  He further shared, that ten projects worth Rs 314.55 crore are under progress. Among the 51 projects that were to be executed in five years, 25 projects were pan-city and 26 under area-based development (ADB). The various smart city works include proper water supply, sewerage, smart…

Govt offers 3 times of circle rate for Jewar Airport land
August 16, 2018

The Uttar Pradesh government has decided to acquire land for the proposed Jewar International Airport by offering three times the prevailing circle rate to the farmers. The farmers have been offered a price of Rs 2,300 per sq m, which is almost three times the current circle rate of Rs 900 per sq m. The farmers have sought a four times circle rate in response to which the government shared that the given rates are not final and can be revised after further discussion with the farmers. Prabhat Kumar, Chairman of the Yamuna Expressway Industrial Development Authority (YEIDA), had announced…

Ahmedabad civic body to open cashless payment facility
August 16, 2018

The Ahmedabad Municipal Corporation (AMC) has decided to go cashless for all the transactions at civic centres and BRT travel from September 1, 2018. The decision is aimed at helping citizens who used to rush to the civic centre for making the payments. In addition to having the option to pay online, citizens can also pay the property tax by visiting private banks. Vijay Nehra, Municipal Commissioner, shared that the two services will go cashless soon and in addition to accepting the AMC Janmitra card, the provision of using credit or debit card for payment will also be initiated. There…

Pune tops the list of most liveable cities in India
August 15, 2018

According to a report released by the Union Housing and Urban Affairs Minister, Hardeep Singh Puri, titled ‘Ease of Living Index’, Pune, Navi Mumbai and Greater Mumbai have emerged as the top three most liveable cities in India, while Rampur in Uttar Pradesh, Kohima in Nagaland and Patna in Bihar were at the bottom of the list. The survey was conducted in 111 cities across the country on four different metrics — governance and physical, social and economic infrastructure. Other cities that made it to the list of the 10 most liveable cities in India are Tirupati (Andhra Pradesh), Chandigarh,…

UPRERA appoints its full-time Chairman
August 12, 2018

Uttar Pradesh has appointed the former Chief Secretary, Rajive Kumar, as the new full-time Chairman of the Uttar Pradesh Real Estate Regulatory Authority (UPRERA). Kumar, who retired on June 30, 2018, has replaced Nitin Ramesh Gokarn, Principal Secretary – Housing, who was an interim Chairman to the authority. Besides Kumar, the State has also appointed the former bureaucrats Bhanu Pratap Singh, Kalpana Mishra and Balvinder Kumar as members of the State regulator. Singh is an erstwhile IPS officer, while Mishra is from the judiciary. Retired IAS officer, Balvinder Kumar, has also served as the Vice-Chairman of the Lucknow Development Authority.…

Nearly 4.65 lakh homes delayed across India: Report
August 11, 2018

According to a report by a leading research firm, there is an inventory overhang of 4.65 lakh units in housing projects facing construction delays across the country. The total cost of projects facing delays is estimated to be Rs 3.3 lakh crore. The elongated delay has posed a threat to the revival of the real estate sector in some select markets. Industry bodies such as the National Real Estate Development Council (NAREDCO) and Confederation of Real Estate Developers Association (CREDAI), however, do not seem to agree with these figures. According to them, in the last two quarters, the sector has…

Pimpri Chinchwad receives revised proposals for PMAY homes
August 9, 2018

The Pimpri Chinchwad Municipal Commissioner, Shravan Hardikar, has forwarded a revised proposal for the construction of 1288 tenements planned under the Pradhan Mantri Awas Yojana (PMAY). The apartments are a part of both PCMC (Pimpri Chinchwad municipal corporation) and PCNTDA (Pimpri Chinchwad New Town Development Authority). While the homes developed under PCMC are planned to have aluminium windows, for the extended life of walls a gypsum plaster, smooth finishing, and oil paint, the tenements under PCNTDA have been proposed to have MS windows and a wall care putty. The authority has hired a contractor to construct the planned 1288 homes…

Chandigarh government pulls the plug on property tax defaulters
August 9, 2018

The Chandigarh Municipal Corporation has tightened the guidelines for property tax defaulters in both the commercial and residential categories. There has been a significant increase in the tax amount collected in the first four months of the current financial year as compared to the corresponding period in 2017-18. The civic body has received an increased tax amount of around Rs 9 crore. As per the records from April 1 to July 31, the civic body had collected a revenue of Rs 31.14 crore in property tax, whereas the revenue from property tax during the same time last year was Rs…

Affordable housing inventory across top metro cities touches 2.37 lakh
August 8, 2018

A report by property consultants, ANAROCK, has revealed that around 2.37 lakh homes priced under Rs 40 lakh across top seven cities has remained unsold as of Q2 2018. Factors such as lack of basic infrastructure, flaws in design and construction, pre-RERA launches and the refusal of home loans due to legal defects led to the inventory buildup. Cities such as Mumbai Metropolitan Region (MMR), Bangalore, National Capital Region (NCR), Pune, Kolkata and Hyderabad hold the maximum unsold inventory of affordable homes. It is to be noted that the inventory in consideration is that constructed by private developers and not…

Nagpur Improvement Trust delays relief to 60,000 lease holders
August 7, 2018

Almost 60,000 leaseholders are awaiting the benefit under the one-time settlement (OTS) scheme under the Nagpur Improvement Trust (NIT) for ground rent. Though the move was approved by Chief Minister Devendra Fadnavis two years ago, the citizens are still paying the NIT’s ground rent and property tax to Nagpur Municipal Corporation (NMC). An official from the NIT department shared that since many officials have moved to Metro Rail or Nagpur Metropolitan Region Development Authority (NMRDA), they have no idea about employees looking after ground rent scheme. Some officials told that the scheme was yet to be approved by the government,…

Damaged buildings in Agra served renovation notices
August 7, 2018

The Agra Municipal Corporation has served notices to 150 dilapidated buildings in the city. While surveying these buildings, the authority found that these structures are weak and can collapse during excessive rainfall or gusty winds leading to loss of life and property. The authority is further continuing its survey in another 100 wards to identify more such buildings. The 100 municipal wards in Agra are divided into four zones. Most of these buildings are present in Chatta zone followed by Lohamandi, Tajganj and Hariparwat. Owners and caretakers of these buildings are issued notices and are asked to undergo repair and renovation work at the earliest. A letter has been issued by the civic body to the SHO's of police stations to follow proper compliance with the notices. Engineers from AMC have also been instructed to vacate these buildings.AMC has issued few notices under Section 33(1) of the UP Municipal Corporation Act. As per these notices,…

MHADA homes worth Rs 869 crore find no takers
August 7, 2018

The affordable homes developed by the Maharashtra Housing and Area Development Authority (MHADA), at the cost of Rs 869 crore, has not found any takers. The situation has landed the authority in trouble as the plots and houses are lying unsold and garnering little to no demand from the potential buyers. High cost in comparison to the average market prices has resulted in weak demand and uptake. Milind Mhaiskar, Managing Director, MHADA and Sanjay Kumar, Additional Chief Secretary reviewed the housing projects across the State and found that there were no takers for the properties. The project was planned to provide low-cost housing for economically weaker sections and low, middle and higher income groups.  A senior bureaucrat shared that…

Goa receives over 4,000 applications for property regularisation
August 5, 2018

Goa has received over 4,000 applications for the regularisation of houses. Rohan Khaunte, Revenue Minister, shared that the district collector office in North Goa has received 1,984 applications, and the collector’s office in South Goa has received 2,291 applications. The process of preliminary scrutiny has been completed, and a team constituted by the government is carrying out inspections of the received applications. A specific time has been fixed by Goa (Right of Citizens to Time-Bound Delivery of Public Services) Act, 2013 for the disposition of partition and mutation cases. A court case monitoring system will also be implemented, through which messages (SMSs) will be sent to the advocates and the parties concerned with the notable case. The system will help the advocates and other related parties of the case by updating them of the status of the cases, and also about the next dates of hearing.  In another incident, the Patiala Municipal Corporation (MC) also began the regularisation of various houses after the Punjab…

Karnataka to develop road infrastructure inside Bandipur
August 3, 2018

Despite pressure from the opposition, the Karnataka government has decided to give a nod to the Centre’s proposal to construct flyovers and barricades through Bandipur Tiger Reserve. According to the PWD Minister, H D Revanna, the State is contemplating the proposal to construct road infrastructure including flyovers at every two km. The Kerala government has moved to the Supreme Court (SC) in this regard and a decision will be taken keeping it in mind. He further added that construction would be undertaken in such a way that it does not disrupt the ecology or natural habitat of wild animals. As…

Nearly 12.6 mn sq ft office space absorbed in Q2 2018: Report
July 31, 2018

According to a Colliers International report, the commercial segment of Indian real estate market has observed a strong growth with total office space absorption recorded at 12.6 million sq ft in the Apr-Jun 2018. With 34 percent share of office space absorption, Bangalore topped the list followed by the National Capital Region (28 percent), Mumbai (14 percent), Hyderabad and Chennai (eight percent each), Pune (six percent), and Kolkata (two percent). According to Ritesh Sachdev, Senior Executive Director, Occupier Services at Colliers International India, the Indian GDP is predicted to grow at over seven percent annually between 2018-2022. This is anticipated…

Projects worth Rs 7,000 crore finished under Smart City mission
July 31, 2018

On the occasion of the third anniversary of the three key government policies - Pradhan Mantri Awas Yojana (Urban); Atal Mission for Rejuvenation of Urban Transformation (AMRUT); and the Smart Cities Mission, Prime Minister Narendra Modi had a word with 35 beneficiaries of PMAY (U) – one from every State/union territory. He even visited an exhibition on the government’s flagship missions of urban development and received feedback from several PMAY beneficiaries, via video conferencing from different cities of Uttar Pradesh. Further, the foundation stone for several other projects under the flagship mission was also laid in the State. The PM…

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