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	← Older posts Games Village flats a puzzle for buyers Posted on May 19, 2012 by Deepti If you are buying a house that will cost you anything between R2.5 and R6 crore, it is understandable you’d expect the developer to answer all your questions and doubts. But expect no such luck if you are coveting a flat at the Commonwealth Games Village (CWG), 110 of which are being auctioned by the Delhi Development Authority (DDA). The CWG Village, built under public-private partnership between DDA and developer Emaar MGF, is spread over 27 acres and comprise 34 towers with 1,168 flats. DDA, which has more than 700 flats in its share, is auctioning 110 flats first to get an idea about the Continue reading → Posted in Latest News \| Tagged Commonwealth Games Village, Delhi Development Authority, Emaar MGF, Games Village flats, puzzle for buyers \| Leave a comment Mayawati’s rural housing schemes to return as Lohia Awas Yojna Posted on May 18, 2012 by Deepti Lucknow: After scrapping the Mahamaya Awas Yojna and Mahamaya Sarvajan Awas Yojna of the previous BSP government, the Akhilesh Yadav government has decided to launch a single housing scheme for the rural poor, named Lohia Awas Yojna. Both abolished schemes were launched by former chief minister Mayawati in 2008-09 on the lines of the Centre’s Indira Awas Yojna. Under both schemes, a beneficiary had been given Rs 45,000 as financial assistance to build a pucca shelter. The Mahamaya Awas Yojna was meant for Dalits who lived in kaccha shelters but could Continue reading → Posted in Latest News \| Tagged Lohia Awas Yojna, Lucknow, Mayawati’s rural housing schemes, Rural Development Department., single housing scheme \| Leave a comment Govt should stay off land acquisition for pvt projects: Panel Posted on May 18, 2012 by Deepti New Delhi: A parliamentary panel has sought to put strict safeguards on the government’s powers to acquire land and recommended that no plot under cultivation be taken away unless as a last resort. The recommendation — one of many on the Land Acquisition, Rehabilitation and Resettlement Bill, 2011 — seeks to give a legup to food security, but if accepted, could pose a challenge to the expansion of industries. “The concept of food security in the (existing) bill totally rests on multi-cropped Continue reading → Posted in Latest News \| Tagged Hospitals, Land acquisition, multi-cropped irrigated land, New Delhi, Panel, pvt projects, Rehabilitation and Resettlement Bill, schools \| Leave a comment Noida-based Supertech launches first housing project in Gurgaon Posted on May 17, 2012 by Deepti New Delhi: Noida-based developer Supertech has signed a joint development agreement with land aggregation company GTL for 11 acres of land in Gurgaon’s sector 79. The land has all permissions required for building a residential group housing project for which a minimum of 10 acres is required in under Gurgaon rules. Supertech has now launched a housing project, called Araville – Premium homes at the location, which will have a total of 610 apartments with a total saleable area of around 1 Continue reading → Posted in Latest News \| Tagged Araville – Premium homes, Earth Infrastructure, housing project in Gurgaon, land in Gurgaon’s, New Delhi, Noida-based Supertech launches, Noida’s real estate developers, Orris Infrastructure, residential group housing project \| Leave a comment Govt mulls denotification of land in NW Delhi villages Posted on May 17, 2012 by Deepti New Delhi: The Delhi government is planning to denotify 500 acres of land,which it had acquired from 1000-odd farmers to develop a housing project. The land was notified in 2006 and a portion of the first phase of the Narela project was supposed to come up there. However, the government failed to award the special rehabilitation package of nearly Rs 100 crore to the farmers, forcing them to rise up in protest. Now, with the denotification,the farmers might get back their land. Last October, Delhi high court had asked the government to award the package money Continue reading → Posted in Latest News \| Tagged 500 acres of land, Alipur, Bakholi, Delhi Development Authority, housing project, Land acquisition, land in NW Delhi villages, land rates, Mamoorpur, Narela project, New Delhi, Singhu, Tikri Khurd, Urban Development \| Leave a comment Coming soon: Affordable housing policy for all Posted on May 16, 2012 by Deepti In two months, India could have a brand new affordable housing policy, an effort to give some boost to a weakening real estate sector. The Union Ministry of Housing and Urban Poverty Alleviation (Mhupa) is in the process of finalising such a policy in two months, reports Business Standard. The government had already allowed external commercial borrowing (ECB) for low cost houses in India in the annual Budget. But the real estate companies are not too keen on this segment because of the low margins. Hence the government is now trying to make Continue reading → Posted in Latest News \| Tagged affordable homes in Mumbai, affordable housing, Affordable housing policy, Coming soon, external commercial borrowing, high cost of land, housing projects, low-cost houses, Real Estate Companies, Real Estate Developers \| Leave a comment Land Scam: I-T dept attaches chhole vendor’s properties Posted on May 16, 2012 by Deepti New Delhi: Almost after five years since the multi-crore land scam involving MCD and DDA officials came to light, the Income Tax (I-T) department has attached five properties of the scam’s alleged kingpin — the chhole-bhature vendor-turnedmillionaire Ashok Malhotra. The department seized five of his properties at Mukherjee Nagar and Jahangirpuri after having pasted recovery notices. The owners of the said properties are prohibited and restrained from either transferring or changing ownership. The properties belong Continue reading → Posted in Uncategorized \| Tagged I-T dept attaches, income-tax, Jahangirpuri, land scam, Mukherjee Nagar, multi-crore land scam, New Delhi, Plots allotted, vendor’s properties \| Leave a comment DDA taking measures to repair cracks in Dwarka flats Posted on May 16, 2012 by Deepti New Delhi: The Delhi Development Authority is taking measures to repair the cracks that have developed in several of its flats in Dwarka’s sector 13. “Keeping in view the site condition of the flats, NCCBM (National Council for Cement and Building Material) has been appointed as consultant to inspect the flats and suggest remedial measures,” Minister of State in the Urban Development Ministry Saugata Roy said. “DDA has informed that the repair work in dangerous roofs slab as per consultant’s Continue reading → Posted in Latest News \| Tagged cracks in top floors, Delhi Development Authority, flats in Dwarka's, Metro View Apartment, New Delhi, repair cracks in Dwarka flats \| Leave a comment Noida farmhouse scheme under UP govt scanner Posted on May 16, 2012 by Deepti Noida: Following allegations of a major farmhouse scam in Noida, the Uttar Pradesh chief minister, Akhilesh Yadav, has ordered an investigation into the scheme launched by the Noida Authority in 2009. In a letter addressed to the Noida Authority chairman Rakesh Bahadur, the government has directed him to submit a report within a week.The report will deal mainly on three important points land acquisition, allotment rate and the procedure of allotment of the farms. The scheme allegedly led to a loss of nearly Rs 300 crore to the state exchequer. Continue reading → Posted in Latest News \| Tagged allotment rate, detailed information, industrial development, Land acquisition, Lucknow, Noida, Noida Authority, Noida farmhouse scheme, scheme launched, UP govt scanner \| Leave a comment Noida authority stops Ponty’s City Center project Posted on May 16, 2012 by Deepti The firm was found to have been carrying out massive digging work in a large area, resulting in soil being piled up. NOIDA AUTHORITY Noida: The change of guard in Uttar Pradesh has dealt a severe blow to businessman Ponty Chadha. The Noida Authority has issued a showcause notice and asked Chadha’s realty arm Wave Mega City Center Pvt Ltd to immediately stop his ambitious City Center project spread in 162 hectares of prime land in sectors 32 and 25A. Continue reading → Posted in Latest News \| Tagged City Center plot, Noida, Noida Authority, Noida authority stops, Ponty’s City Center project, Wave Infratech \| Leave a comment ← Older posts

Games Village flats a puzzle for buyers

Mayawati’s rural housing schemes to return as Lohia Awas Yojna

Govt should stay off land acquisition for pvt projects: Panel

Noida-based Supertech launches first housing project in Gurgaon

Govt mulls denotification of land in NW Delhi villages

Coming soon: Affordable housing policy for all

Land Scam: I-T dept attaches chhole vendor’s properties

DDA taking measures to repair cracks in Dwarka flats

Noida farmhouse scheme under UP govt scanner

Noida authority stops Ponty’s City Center project

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