Realty Bill may open new doors to transparent, secure home buying
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Tue, 6/12/11 – 15:41 | No Comment

For many, buying a residential property is the biggest investment they make in their lifetime. Last week, the government released for public comments a draft Real Estate Regulation Bill, which is said to be on …

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Centre lets pvt players redevelop old CRZ buildings
Tuesday, 27 Jul, 2010 – 18:00 | No Comment
Centre lets pvt players redevelop old CRZ buildings

Mumbai
In a major concession, the Centre on July 6 agreed to allow private participation in the redevelopment of old, dilapidated buildings and slums falling within the Coastal Regulation Zone in the city. According to some …

16 years on, builder gets final chance to redevelop Juhu plot
Tuesday, 27 Jul, 2010 – 15:00 | No Comment
16 years on, builder gets final chance to redevelop Juhu plot

Mumbai
The Bombay high court may have given 160 families of Chand Co-operative Housing society in Juhu a ray of hope in ensuring that their 16-yearold redevelopment agreement finally gets complied with. The court gave the …

Delay in land acquisition hits subway work in Chromepet
Tuesday, 27 Jul, 2010 – 12:00 | No Comment
Delay in land acquisition hits subway work in Chromepet

Chennai
More than 16 months after the work on the limited use subway (LUS) replacing the existing railway line in Chromepet began, the Rs 7.55-crore project has hit a roadblock as the state highways department is …

Kolkata’s heritage sold for Rs 12 cr
Tuesday, 27 Jul, 2010 – 9:00 | No Comment
Kolkata’s heritage sold for Rs 12 cr

Kolkata
Kolkata Municipal Corporation (KMC) has quietly removed around 40 buildings from the heritage list after being allegedly paid nearly Rs 12 crore by different builders who have acquired the properties and even demolished some of …

KMC heritage panel exists only on paper
Monday, 26 Jul, 2010 – 21:00 | No Comment
KMC heritage panel exists only on paper

Kolkata
The Kolkata Municipal Corporation (KMC) heritage conservation committee no longer exists. Even though the 11-member committee remains on paper, it has no legal status at present since a proposal for reconstruction of the committee has …

Navi Mumbai to lose green cover for industrial zone
Monday, 26 Jul, 2010 – 18:00 | 2 Comments
Navi Mumbai to lose green cover for industrial zone

Mumbai
After Mumbai, it is the turn of Navi Mumbai to lose its designated green spaces. The state recently dereserved 78 hectares of a Regional Park Zone (RPZ) for an industrial zone. The City and Industrial …

No CWG stadium to be ready in time for handover
Monday, 26 Jul, 2010 – 12:00 | No Comment
No CWG stadium to be ready in time for handover

New Delhi
On August 1, the agencies constructing Commonwealth Games venues are supposed to hand over the finished stadia, Games Village and other sites to the Organizing Committee, which will then start crucial overlay work to …

Redevelopment plans in Mumbai await hike in FSI
Wednesday, 14 Jul, 2010 – 9:00 | No Comment
Redevelopment plans in Mumbai await hike in FSI

The dilemma faced by Maharashtra government on whether to grant FSI of 3 for reconstruction of old and dilapidated buildings has virtually stalled the redevelopment of these buildings in Mumbai.
In 2009, former CM Vilasrao Deshmukh …

PCMC to spend Rs. 30 crore on developing eight nullahs
Monday, 12 Jul, 2010 – 9:00 | No Comment
PCMC to spend Rs. 30 crore on developing eight nullahs

Pune
The cleaning up and improvement of eight nullahs in the Pimpri-Chinchwad Municipal Corporation (PCMC) area has begun at a cost of Rs. 30 crore. This is part of a larger project to improve 19 nullahs …

PCMC fudges on industrial plot
Sunday, 11 Jul, 2010 – 21:00 | One Comment
PCMC fudges on industrial plot

Pune
The Pimpri Chinchwad Municipal Corporation (PCMC) seems to thrive on controversy. After the floodline issue, irregularities involving government land has now surfaced. The building permission department (BPD) of PCMC has allegedly given its nod to …