25th November, 2024 :
Chennai | Panaji | Lucknow | Agra | Bhubaneswar | Shimla | Kolkata | Ahmedabad | Guwahati | Jalandhar | more...
|
News Home Delhi Development Authority to triple floor area ratio, city to go vertical Date : Jan 23, 2013 NEW DELHI: Delhi's planning body may allow houses that are built for the poor and middle-class to go vertical by tripling the floor area ratio (FAR) from 200 to 600, as the city copes with growing housing shortage, government officials said. The officials, who asked not to be named, said the union urban development ministry, which administers Delhi's civic and urban planning bodies, has asked theDelhi Development Authority (DDA) to increase the FAR, and include the revised figure in the Delhi Master Plan 2021, an updated version of which is likely to be released by March this year. FAR is the ratio of the total floor area of a building to the plot area. The concept underlying FAR is utilisat Increase in circle rates good or a huge dampener to the realty sector Date : Jan 19, 2013 Real estate properties are registered at circle rates. Circle rates were introduced in July 2007 only and the capital was divided into eight categories. This is the minimum valuation at which properties are registered with the government. Eldeco Housing & Industries Ltd. BSE 215.40 5.40 (2.57%) Vol:2790 shares traded Prices|Financials|Company Info|Reports Govt plans to set up Land Authority of India to monetise unutilised land Date : Jan 18, 2013 The government is pushing a plan to set up a Land Authority of India that will take over all under-utilised and unused government land. NEW DELHI: The government is pushing a plan to set up a Land Authority of India that will take over all under-utilised and unused government land and monetise them, leading to a windfall of an estimated Rs 1 lakh crore that can give succour to the country's burgeoning fiscal deficit. The ambitious proposal for a national body, which has to pass muster with a lot of government bodies that have occupied prime land but have put them to little use was put fo CCI rejects plea for sanctions against DLF's new project Date : Jan 17, 2013 DLF Ltd. BSE 255.80 7.20 (2.90%) Vol:234556 shares traded NSE 255.25 6.70 (2.70%) Vol:1527027 shares traded Prices|Financials|Company Info|Reports NEW DELHI: Competition Commission of India (CC Global brakes on vertical growth but real estate boom in Asia Date : Jan 16, 2013 For the first time in six years, the number of tall buildings completed annually around the world shrank in 2012, according to a year-in-review study by the Council on Tall Buildings and Urban Habitat (CTBUH). MUMBAI: For the first time in six years, the number oftall buildings completed annually around the world shrank in 2012, according to a year-in-review study by the Council on Tall Buildings and Urban Habitat (CTBUH). Sixty-six buildings taller than 200 metres were completed in 2012 — the third most in history — but down from the 82 finished in 2011. On an average, a seven-stor Residential market defies all economic indicators-IV Date : Jan 15, 2013 Some analysts believe the economy of the scale in the business is helping the developers to hold the stock. They maintain the developer does not put in his own money in financing a project. Even though the cost of land in cities like Mumbai and Delhi accounts for 70-80 percent of the construction cost, at least 50 per cent of the projects are in joint venture with the land owner. “Have the developers paid for the land? The answer is no – or very partially. Now when you have not paid for the land, and land constitutes almost 70 per cent of the sale price, your ability to hold on is infinite,” says Pranay Vakil, former Chairman of Knight Frank. This implies that if the builder has not paid for Maharashtra SEZ exit policy will be a flop: CREDAI Date : Jan 11, 2013 Strongly opposing the country's first ever SEZ exit policy formulated by the Maharashtra Government, realty developers Apex body CREDAI has expressed fear that the move will cause urban chaos rather than solving any. CREDAI National President Mr. Lalit Kumar Jain has wondered as to how the integrated industrial township policy will be successful where the SEZ concept to promote industries with a plethora of concessions has failed. "It is for the centre and state together that facilitated SEZ, to ponder over the failure of SEZ and take corrective measures to ensure that its aims and objectives are met" said Mr. Jain. He welcomed the Maharashtra Government's endeav Things to consider before investing in land Date : Jan 9, 2013 To begin with, there might be (and usually are) any number of legal requirements to meet and procedures to follow before a piece of land becomes a marketable item. By, Santhosh Kumar BANGALORE: Where flats are traditionally the most sought-after type of investment property, the attractiveness of buying land for longterm and potentially higher gains has never lost its sheen. Flats are an inflexible format of property and this fences in the maximum value they can attain. Flats are snapped up in most cases, but at fixed residential prices dictated by prevailing market Nod to property sale in 312 private colonies soon Date : Jan 8, 2013 NEW DELHI: Delhi Government's revenue department is all set to open sale and purchase in around 312 colonies built on private land. The proposal, which was recently cleared by the Lieutenant Governor's office, is expected to be notified by next week. As per the proposal revenue department had sought permission for allowing sale and purchase on the basis ofkhasra number on colonies that existed on private land. The decision to allow sale and purchase will bring relief to lakhs of residents of the colonies as the government had restricted sale and purchase in the settlements after issuance of provisional regularization certificates in 2008. It will also cause real estate prices in the city to shoot.&n Ansal API sales booking up 4.5 per cent at Rs 2,037 crore in April-December FY'13 Date : Jan 7, 2013 Ansal Properties & Infrastructure Ltd. BSE 39.50 0.40 (1.02%) Vol:359565 shares traded NSE 39.50 0.55 (1.41%) Vol:1550669 shares traded Prices|Financials|Company Info|Reports NEW DELHI: Realty firm Ansal PropertiesBSE 1.02 %& Infrastructure's Regularisation of 200 unauthorised colonies gets go ahead Date : Jan 6, 2013 NEW DELHI: With an eye on assembly polls later this year, Delhi Government today gave an in principle approval for regularisation of over 200 unauthorised colonies in the city to pave the way for their development on par with other areas in the city. A meeting of the Delhi Cabinet presided over by Chief Minister Sheila Dikshit approved the long-pending proposal to regularise the settlements which were given provisional regularisation certificates in 2008. "The Cabinet has given in principle approval for regularisation of 205 unauthorised colonies," Urban Development Minister Arvinder Singh Lovely told reporters after the meeting. Out of the Delhi Government likely to approve regularisation of 100 more colonies Date : Jan 5, 2013 NEW DELHI: Delhi Government is likely to approve regularisation of around 100 unauthorised colonies soon to pave the way for their development on par with other areas in the city. A meeting of the Delhi cabinet is likely to discuss the issue tomorrow as Centre has already given clearence to the proposal, officials said. The Government in September had regularised 895 such settlements, which are home to around 35 lakh people. "The government is likely to announce a roadmap for development of all unauthorised colonies," the officials said. The government has already asked all the three municipal corporations to take the help of professiona |
  
    |
|||||||||
© Copyright 2010 - 2012, All Rights Reserved - Reality Infomedia Private Limited.
www.69acres.in | Privacy Policy | Terms & Conditions | Disclaimer
All trademarks, logos and names etc are properties of their respective owners. No part of this website may be reproduced without our written permission.
