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Propjini CRM

Daily interesting real estate news

Lucknow development body seeks expansion of jurisdiction

The Lucknow Development Authority will submit a proposal to the government requesting expansion of its jurisdiction in rural areas of the state capital to check unplanned development. The proposal will be first presented in the board meeting of the housing and urban planning department and then to the government for approval.

Delhi: Covid, construction ban delay Nehru Palace's redevelopment

Delhiites will have to wait for the New Year to get a glimpse of a new-look Nehru Place due to several reasons, including the construction ban due to Covid-19. The work for the redevelopment of the Nehru Place District Centre was started in 2019 by the Delhi Development Authority (DDA) and was expected to be completed by mid-2022, but due to delays, the target deadline has now shifted to January next year.

Goa's IT department takes step towards drawing up policy for co-working spaces

With the state keen on promoting marketing Goa as a co-working destination for digital nomads, the department for information and technology (DoIT) has asked international consultant EY to work on a co-working policy. Khaunte said that DoIT has already identified land at Morjim, Caranzalem and Benaulim where the three co-working spaces will come up on the beach.

Birla Corporation to expand cement production capacity to 30 MTPA by 2030

MP Birla Group firm Birla Corporation plans to increase its cement production capacity by 50 per cent to 30 million tonnes per annum by 2030. ​The company, which has commissioned a greenfield unit at Mukutban, Maharashtra with an investment of Rs 2,744 crore, has plans to set up some new units and expand the production capacity of the existing units. Current production capacity stands at 20 million tonnes.

Lodha Group repays offshore bonds worth $55 million ahead of scheduled maturity

Realty Developer Lodha Group, listed as Macrotech Developers, has repaid its US dollar bonds worth $55 million or over Rs 438 crore in full ahead of six months of its scheduled redemption of this debt in March 2023. The Lodha Group has repaid the bonds worth Rs 438 crore listed on the Singapore Exchange Securities Trading through its wholly owned subsidiary Lodha Developers International Ltd, Mauritius.

Nagpur development body collects Rs 1 crore from EWS for PMAY registration

The Nagpur Metropolitan Region Development Authority (NMRDA) has recovered non-refundable registration fees of Rs2,000 from over 5,000 people of economic weaker section (EWS) under Central government’s Pradhan Mantri Awas Yojana (PMAY) even as a private bank — IndusInd Bank — had conducted the entire process free of cost. Alleging injustice towards poor people, former mayor Dayashankar Tiwari has pointed out this yet another major flaw in auction of flats by NMRDA.

Base map for third master plan for Chennai yet to be prepared

The Chennai Metropolitan Development Authority, which is preparing the third master plan for the city with 2026 as the deadline. The map, which will include information about the various zones, water bodies, roads, residential colonies, commercial establishments and other infrastructure, will help prepare the land-use plan and formulate strategies for the Chennai Metropolitan Area (CMA) area for the next few decades.

Lucknow, nearby areas to be developed as Uttar Pradesh state capital region

Chief minister Yogi Adityanath giving directions to authorities to prepare a proposal on this at the earliest. In a meeting with senior officials of the housing and urban planning department, Awas Vikas Parishad and all urban development authorities, the CM said that this area should include places like Unnao, Sitapur, Rae Bareli, Barabanki, Kanpur Nagar and Kanpur Dehat.

Many IT buildings stand on stormwater drains: Karnataka minister

Urban development minister Byrathi Basavaraj said several buildings housing IT companies are built on stormwater drains. The problem of flooding is more in areas where many IT companies are located. This is because these buildings are built on SWDs, which obstruct free flow of rainwater. The irony is owners of these buildings are venting their ire against the government.

Nagpur civic body's operator starts collecting construction waste

Nagpur Municipal Corporation’s (NMC) private operator has started to collect and transport construction and demolition (C&D) waste dumped across the city to Bhandewadi dumping yard. The operator — Hyderabad C&D Waste Pvt Ltd — has conducted a survey and started to lift C&D waste from areas in Laxmi Nagar Zone. The NMC has provided 5 acre land to the operator for setting up the recycling plant, storage etc.