#WeeklyNewsRoundup: Govt To Build Over 75,000 Homes Under Pradhan Mantri Awas Yojana

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The central government has approved the construction of additional 78,703 affordable houses for urban poor under the Pradhan Mantri Awas Yojna (PMAY) in Tamil Nadu, Kerala and West Bengal, taking the total homes approved under the scheme to over 15 lakh homes.

The deadline for Delhi’s Dilshad Garden to Ghaziabad’s New Bus Stand Metro line project covering 9.41km has been extended by a year from June 2017 to June 2018. Announcing the new deadline, Delhi Metro Rail Corporation (DMRC) said of the total budget of Rs 2,210 crore, an estimated Rs 900 crore has been received while Rs 1,310 crore is still pending.

India will roll out the goods and services tax (GST) from July 1 following a breakthrough over tax administration issues after the Centre accommodated states' concerns. Union Finance Minister Arun Jaitley said under the proposed tax regime, 90 per cent of all assessees with a turnover of Rs 1.5 crore or less will be assessed for scrutiny and audit by state authorities while the remaining 10 per cent by the Centre. Above that limit, Centre and states will assess in a 50:50 ratio.

In a bid to map property in Mumbai, the 110 sq km of the Panvel City Municipal Corporation has decided to use drones, light detection and ranging cameras, and cell phones to be placed on Geographic Information System platform. This will help capture the carpet area of each property and the same will be used for calculation of property tax.

Facebook CEO Mark Zuckerberg has sued hundreds of Hawaiians to compel them to sell him their small plots of land they own which lie within the 700-acre property that Zuckerberg purchased on the island of Kauai two years ago for $100 million. His lawyer filed eight so-called "title lawsuits" requesting the forced sales at public auction to the highest bidder, which would allow him to make his secluded beach-front land on the island's north shore even more private.

Tags: DMRC, Facebook, Video, GST, propguide


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