PROPGUIDE − A Complete Property Guide
#happyhome

#WeeklyRealtyNewsRoundup: DDA To Develop Integrated Townships At Rohini, Narela And Dwarka

Loading video...

Description

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

The Delhi Development Authority (DDA) will develop integrated townships at Dwarka, Rohini and Narela. The agency will develop these areas as high-density mixed-use areas which will have residential, commercial and economic hubs. In this regard, the agency passed a proposal to hire consultants as land in these areas is scattered. According to the DDA, 154 hectares will be developed in Dwarka, 259 hectares in Rohini while 218 hectares of land will be developed in Narela.

Cash-strapped Haryana Urban Development Authority (Huda) plans to launch 15 new urban sectors across the state and hopes to tide over financial crisis by selling these units. More than 6,200 residential and hundreds of commercial plots will be up for grabs in Mahendragarh, Sirsa, Hisar, Kurukshetra, Yamuna Nagar, Bahadurgarh (Jhajjar), Pihowa, Hathin, Rohtak, Dalvali, Bhiwani, Gohana and Pinjore.

The Supreme Court has asked developers in the buffer zones of Bengaluru's famed lakes and wetlands to push back their projects 75 metres from the edge of these water bodies. While refusing to halt demolitions initiated by the local authority to open up drains discharging excess water from lakes, the apex court said no construction activity should be carried out for now.

The Brihanmumbai Municipal Corporation plans to start work on the Goregaon-Mulund Link Road by October. The project, which is expected to be rolled out in three phases at the cost of Rs 1,300 crore, will help reduce traffic congestion in the area.

The Bombay high court has directed the Brihanmumbai Municipal Corporation (BMC) to demolish the illegal floors of a residential building in Santacruz (West) that falls on the flight path of the Mumbai airport runway. The Airports Authority of India (AAI) had permitted construction up to13.19 metres but the developer had built up to 24.7 metres. The court order implies that the three top floors will have to be lopped off.

For regular updates on real estate, click here

Tags: Delhi Development Authority, Brihanmumbai Municipal Corporation, Video, Bengaluru, supreme court, Airports Authority of India, Haryana Urban Development Authority, propguide, Santacruz, Mahendragarh, Sirsa, Kurukshetra, Yamuna Nagar, Bahadurgarh (Jhajjar), Pihowa, Mulund Link Road, Mumbai airport runway


#RealtyNewsRoundup: Public Property Cannot Be Distributed Like Largesse, SC Tells Maharashtra Govt

Here are today's top news stories from the real estate sector.

August 08 2016

+ Click Here To Read This Article

Is NCR Losing Out To Mumbai, Bengaluru, Pune?

The National Capital Region, for very long, has been the largest residential real estate market in India. But, is NCR losing out to Mumbai, Bengaluru and Pune?

November 10 2015

+ Click Here To Read This Article

DDA To Auction Vacant Land Parcels. Why This Matters

The Delhi Development Authority has decided to auction land parcels in densely populated areas of the city to protect its vacant land parcels from encroachment. PropGuide on why is this important.

October 12 2015

+ Click Here To Read This Article

#RealtyNewsRoundup: Patanjali Buys 230 Acres In Nagpur From Govt For Rs 60 crore

Here are today's top news stories from the real estate sector.

August 12 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: Sebi Relaxes Norms For REITs And InvITs

Here are today's top news stories from the real estate sector.

December 01 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: Huda To Hold Auction Of Panchkula Plots On October 27

Here are today's top news stories from the real estate sector.

October 18 2016

+ Click Here To Read This Article

#WeeklyNewsRoundup: Foreign Property Should Be In The Name Of All Remitters, Says RBI

Here are the week's top news stories from the real estate sector.

September 10 2016

+ Click Here To Read This Article

Here are the week’s top news stories from the real estate sector.

Here are today’s top news stories from the real estate sector.

Data show Bengaluru has seen the highest net office space absorption in the past nine years. This...

In the recently released World Happiness Report 2017, India is ranked 121 in a list of 155 nations....

The Goods And Services Taxes has clearned a proposal to charge a cess of 15 per cent on luxury cars...

The Centre recently gave its go-ahead to the construction of the national capital region’s second...

PropGuide tells you how a better metro connectivity will raise real estate prices in Noida.

The first phase of a Metro network is already changing the way people commute in Bengaluru. Upon...

A building code is a set of norms that govern construction of buildings by stipulating minimum...

PropGuide simplifies complex real estate jargons for you.

Proptiger has released it's quarterly review report on India's real estate sector. Ankur Dhawan,...

Prime lending rate is the interest rate at which banks lend to its most credit worthy...

Subscribe Now

To stay tuned with real estate updates

Pick:

x +

Drop Your Query here


Top