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| Articles by Jitender Gupta |
61. Real Estate Regulatory Bill Raises a Storm
June 11, 2013
The draft Real Estate Regulatory Bill specifies that carpet area should be the basis for sale of housing property and that all housing projects have to be registered with a real estate regulator in each state. Further, a developer becomes ...
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62. Kolkata High Court Orders State Government to Maintain Status Quo of Mullarbaer
June 11, 2013
In a major win for environmentalists and public activist groups, the Kolkata High Court bench comprising of CJ Arun Kumar Mishra and Justice Joymalya Bagchi ordered the state government to make sure that the essenti...
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63. Chennai's First Metro Line To Be Operational By Mid 2014
June 11, 2013
Major part of the metro rail project covering the St Thomas Mount-Koyambedu section is complete and trial runs will start soon on this elevated section before regular services start by the middle of 2014 according to a government announcement. Mr O Pannerselvam, Finance Minister a...
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64. 365 Families Face Eviction as PCNTDA All Set to Reclaim Flats for Non-Payment of Lease
June 11, 2013
The Pimpri Chinchwad New Township Development Authority (PCNTDA) is all set to reclaim about 364 flats from families after a lapse of 30 years. The flats in question are part of the Rajwade scheme constitituing the Low Income Group Colony in Indrayaninagar. The reason for the prop...
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65. Maharashtra Government to Reconsider 1% Additional Local Body Cess on Deemed Conveyance
June 11, 2013
Chief Minister of Maharashtra, Prithviraj Chavan, issued a statement that the government will examine the matter of 1% additional local body cess on deemed conveyance. This comes as good news for flat owners in housing...
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66. Gaursons In a Rs. 1500 Crores Deal with Jaypee for a 300 acre Plot in Greater NOIDA
June 11, 2013
Gaursons entered into an agreement with Jaypee Group for purchase of a 300 acre plot on the Yamuna Expressway in Greater NOIDA area at a cost of Rs. 1500 crores. Gaursons’ Managing Director Manoj Gaur told press report...
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67. Reliance Property Gains a Foothold in Kerala through Dewa Group
June 11, 2013
Reliance Property Solutions, a division of Reliance Home Finance Ltd, entered into an MoU with the Thiruvananthapuram based Dewa Group to develop and market Dewa Pier 20 comprising of 605 apartments in seven towers along Marine Drive Area of Kochi. The Dewa Group is promoted by NR...
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68. Purportedly High Risk Mumbai Eastern Freeway all Set for Traffic
June 11, 2013
Constructed at a high cost, the Eastern Freeway connecting South Mumbai to Eastern Suburbs surprisingly lacks cameras and other equipments on the signal and toll-free stretch to detect and track traffic violations. Th...
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69. Residents House Tax Issue In High Court
June 11, 2013
The Gurgaon Citizens’ Council (GCC) moved the High Court of Punjab and the High Court of Haryana in an effort to get the Haryana government to provide water, drainage and road as well as power supply facilities to...
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70. Malls go Bust with Low Vacancy Across India
May 27, 2013
Only a few years ago malls were all the rage and it was predicted they would grow faster in tier 2 and tier 3 towns. Reality has reared its face and proved the prediction wrong with a vengeance. A lot of new malls set up in top tier and other cities are now half empty and have ver...
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Author: Jitender Gupta
