2022-08-24
The villagers have decided not to take the compensation that is being offered by the government and vowed to protest any attempt to displace them from their land. For the second phase of the Noida airport, about 1,185 hectares of private land will have to be acquired across Karauli Bangar, Dayanatpur, Kureb, Ranhera, Mundrah and Birampur villages. Besides, there are 124 hectares of government land.
2022-08-24
The draft master plan-2040 for Thiruvananthapuram city has included a proposal for a new airport. The plan, set to be presented in the corporation council, pitches the new airport near the outer ring road in city’s border and suggests land acquisition through land pooling. It also proposes an integrated terminal for domestic and international services as part of the development of the existing airport.
2022-08-24
Nexus Malls, the Indian retail portfolio arm of the investment firm Blackstone group, is in talks to acquire Delhi's premium mall Select Citywalk which generates the highest sales per square foot in the country. The promoter of Select group has not added any mall to the portfolio in the 15 years of operation of Select Citywalk and with no plan for expansion, the owners want it to be part of REIT (Real estate investment trust).
2022-08-24
The inhabitants of slums near Kalupur Darwaza rushed to the Gujarat high court opposing the attempt of the Ahmedabad Municipal Corporation (AMC) to demolish their hutments in order to implement an old town planning scheme in the area. The AMC filed an application on July 7 and urged the HC for an early hearing on the petition filed by the slum dwellers, who have been demanding alternative accommodation if the civic body and government want to implement TP Scheme No. 5 (City Wall Improvement) Section-3.
2022-08-24
Cash-strapped Chinese developer Shimao Group has proposed a two-class restructuring plan to offshore creditors to repay $11.8 billion over a period of three to eight years. Shanghai-based Shimao, which first missed a public offshore bond obligation last month, is the first major Chinese developer to kick off negotiations on restructuring terms with creditors.
2022-08-24
PANAJI: A senior officer of the special investigation team (SIT) — which is probing 40 land-grab cases involving over 100 properties in the state — said that in a majority of the cases being investigated, the real owners have not come forward to claim their properties. The team will identify these owners, the officer said, and submit a report to the state government. The SIT itself has registered 12 first information reports (FIRs) pertaining to land-grab, while 28 FIRs were transferred to it.
2022-08-24
Cidco has added Rs 298 crore to its earnings from the e-auction sale of four plots in Nerul near Palm Beach Road. The sale of the fifth plot, with the biggest area of over 25,000sqm (over six acres), has been stayed by the National Green Tribunal (NGT) following protests by environmentalists as it partially falls within the CRZ. The rates ranged from Rs 3.2 lakh to 3.9 lakh per sqm.
2022-08-23
LUCKNOW: Around 40,000 people living in 15 apartments in Gomtinagar Extension are under serious risk of fire as the hydrant system of these apartments are lying dysfunctional for years. Many occupants of these flats complain that systems were faulty since the beginning and despite incidents of fire in the past the agency has not learnt its lesson.
2022-08-23
The Nagpur Metropolitan Region Development Authority (NMRDA) has considered applicants from general category for various quotas, like physically handicapped (PH), Schedule Tribe (ST), Schedule Caste (SC) and state government officials, for allotment of subsidized flats under the Pradhan Mantri Awas Yojana (PMAY). In another violation of state government norms, NMRDA has engaged a private bank to make the software and conduct the entire process of allotment of flat under PMAY, allegedly without mandatory tendering process.
2022-08-23
According to a report shared in a recent meeting by the Works department of the corporation, 2,261 buildings among the 4,224 were issued lock and seal notices in the last fortnight, and 242 were given notices this fortnight. The corporation has also locked and sealed 39 constructions in the last month, while stop work notices have been issued to 2,665 new constructions.
