Tag: Urban Development

PMO Finally Speeds Up Real Estate Regulatory Bill

Finally PMO decided to step in to speed up the Real Estate Regulatory Bill.  PMO ordered both the warring ministries to solve the issues and implement the bill soon. PMO asked both; – the Ministry for Housing and Urban Poverty Alleviation (MHUPA) And the Ministry for Urban Development; to pace up the implementation of the […]

Realty Prices To Further Shoot Up

nIt is very likely that the Real Estate prices in the country will shoot up further with the Finance Ministry’s decision of not withdrawing 2.5% service tax. This move was proposed by the Urban Development Ministry in the budget of FY10-11. The budget had earlier proposed this tax on all under-construction projects. And it is […]

DLF Is Increasing Pressure On Government For Dankuni Township Project

Singur may be grabbing headlines, but it isn’t the only project where the West Bengal government has ‘landed’ itself in a mess. Another storm is developing just 20 km away from Singur, where DLF is growing annoyed with its proposed Dankuni township. The real estate giant has threatened to pull out of the thirty three […]

DLF Housing For Poors

India’s largest real estate developer DLF has given a new definition to housing for economically weaker sections (EWS). A senior company executive recently proposed to urban development minister Jaipal Reddy—and was promptly snubbed—that servant quarters attached to highend apartments be counted as the developer’s contribution towards EWS, according to a source in the government. As […]

DLF Township At Dankuni Fate Uncertain

The fate of the prestigious Rs 33,000-crore DLF township at Dankuni has become uncertain. “The project will not be implemented if the Opposition party and landowners are not ready for it,” urban development minister Asok Bhattacharya said on Tuesday as Trinamool Congress chairperson Mamata Banerjee demanded that the state withdraw the acquisition notice. The proposed […]