#RealtyNewsRoundup: Haryana Announces Urban Group Housing Scheme

Realty News Roundup is PropGuide's selection of top stories from the real estate sector.

The Haryana Urban Development Authority (Huda) has announced its urban group housing scheme for various income groups in the state. Under the policy, the members should not own any house, flat, plot in their own name or in the name of their spouses or dependent children in the same urban estate. The group housing sites in various urban estates of Huda would be sold via e-auction.

The Delhi government constituted a committee to review "discrepancies" in the circle rates in certain areas of the national capital. In this regard, the Revenue Department has sought public suggestions on the review of circle rates by August 16. The government's move comes after it received several complaints against the existing rates.

The Lok Sabha passed the comprehensive Benami Transactions Amendment Bill recently. Adding that it was predominately an anti-black money measure and its purpose is to seize benami property, Union Finance Minister Arun Jaitley assured that genuine religious trusts will be kept out of the purview of the legislation.

The National Green Tribunal has refused to order demolition of iconic Siri Fort Sports Complex, including its squash and badminton courts, and held that the entire complex and its various constructed portions would not be put to commercial use or non-sport activities. Stressing that green areas should not be constructed in a 'casual' manner, the court directed the Delhi Development Authority to pay Rs 1 crore for rehabilitation and restoration of the area.

Source: Media reports