The Bhubaneswar Development Authority (BDA) is shifting its focus to provide affordable housing options for economically weaker sections (EWS) and lower-income groups (LIG). Private real estate developers undertaking projects on government-owned land will now be required to allocate 10% of housing units for EWS and LIG beneficiaries at a subsidized rate of Rs 1,780 per square foot. The BDA has already allocated land for this purpose and plans to expand this initiative. Additionally, the BDA is working on housing projects for the middle-income group and comprehensive development plans for newly added villages. Their vision includes creating a New City on government-owned land for economic development.Read more

The Telangana Real Estate Regulatory Authority (TS-RERA) has taken a significant step forward by introducing virtual hearings for complaints against builders and developers. This initiative aims to expedite the resolution process and provide convenience to complainants, regardless of their location. Within just 40 days of its establishment, TS-RERA has implemented this technology-driven approach, making it easier for individuals from around the world or those facing accessibility challenges to participate in hearings. The move emphasizes TS-RERA's commitment to leveraging technology for the benefit of the public, increasing transparency, and holding unscrupulous developers accountable.Read more

Nashik Municipal Corporation (NMC) has reversed its previous ban on building projects exceeding 70 meters in height. The decision, which had stirred controversy among builders, was initially made due to the unavailability of a 90-meter ladder for the fire department. With the inability of a company to fulfil the ladder order, the town planning department imposed a two-year moratorium on high-rise projects. However, NMC Commissioner Ashok Karanjkar has now directed the withdrawal of this restriction. Over the past two years, more than 100 projects over 70 meters have received approval.Read more

Uttar Pradesh Chief Minister Yogi Adityanath has announced plans to establish colonies for flood-affected residents in embankment areas who wish to relocate to safer regions. He conducted surveys in Barabanki and Gonda districts, assuring government support and relief efforts for those affected. Additionally, he emphasized the need for a permanent solution to address recurring floods and pledged compensation for farmers whose crops were damaged.Read more

The Bombay High Court has issued a notice to the Central government regarding objections raised against a residential project in Kandivali. The dispute revolves around the requirement for a No Objection Certificate (NOC) from officers at the Central Ordnance Depot (COD) for the project's approval. The petitioner argues that their project is almost 80 meters away from the defence establishment, well beyond the 10-meter restriction mentioned in the Centre's 2016 circular. They allege unequal treatment compared to other developers and claim that this violates the right to equality. The HC has set a date for a response from relevant parties, including the Defence Ministry and SRA.Read more

The Yamuna Expressway Industrial Development Authority (YEIDA) has witnessed an overwhelming response to its residential plot scheme near the upcoming Noida International Airport. The scheme, launched on August 8, offers 1,184 plots in various sizes, and it has garnered massive interest with 1.73 lakh users registering and 1.1 lakh applications submitted. The plots are situated in Sectors 16, 17, and 20, with prices set at Rs 24,600 per square meter. YEIDA plans to allocate the plots through a draw of lots on October 18, giving preference to those who have paid the 10% earnest money deposit. This surge in interest is attributed to the rapid development of the Noida International Airport and associated infrastructure projects.Read more

Authorities in Gandhinagar face complications as errors in the beneficiary list have emerged during the planned relocation of P&T Colony residents to a new apartment complex. At least five renters were mistakenly included among the 83 beneficiaries, prompting the need for a fresh list and potential investigations into property dynamics. Despite these challenges, the Greater Cochin Development Authority remains committed to completing the relocation within a fortnight, with substantial government funding supporting the project.Read more

The Chief Minister of West Bengal, Mamata Banerjee, has invited the Confederation of Real Estate Developers' Associations of India (CREDAI) to take advantage of the state's new land policy, which now focuses on freehold land. She aims to facilitate property development and streamline clearance processes. Banerjee emphasized that the state has a substantial land bank, encouraging CREDAI to participate in logistics and manufacturing cluster projects, as well as affordable housing for economically weaker sections. She also urged CREDAI to take action against developers who fail to deliver on promises and suggested the possibility of blacklisting such developers.Read more

The Bombay High Court has issued a directive to the Maharashtra Housing and Area Development Authority (MHADA) to bypass the requirement of obtaining a No Objection Certificate (NOC) from any prior developer or architect for a collapsed building in Kherwadi Bandra (East). The building, known as "Govinda Tower," collapsed 25 years ago, claiming 33 lives. Justices Gautam Patel and Kamal Khata expressed their dismay over the extended delay in addressing the matter and instructed MHADA to determine a new developer and present a proposal for reconstruction. The court emphasized the importance of the society itself selecting the developer and directed the society to be joined as a respondent. The case will reconvene on October 3 to address other related petitions seeking an investigation into the building's collapse, liability assignment, and compensation.Read more

Jarnail Singh Bajwa, the managing director of Bajwa Developers, has been arrested by the Crime Investigating Agency (CIA) of Mohali police on charges of allegedly cheating customers. This arrest follows a complaint by a customer who accused Bajwa of engaging in fraudulent activities related to the sale of a plot in Kharar, Punjab. The customer alleged that despite making full payment, Bajwa failed to deliver the promised plot and engaged in misleading practices. Bajwa had faced legal troubles in the past, including arrests and being declared a proclaimed offender in cheque bounce cases. Customers who have invested in Bajwa Developers' projects will be closely watching the legal proceedings.Read more