MUMBAI: Piyush Goyal said he will enlist the help of experts and advanced technology to find solutions for in-situ rehabilitation of slums, including those that have encroached on mangroves and areas of Sanjay Gandhi National Park (SGNP), while addressing a press conference at Dahisar on Saturday. Goyal said, “In ‘Modi Ki Guarantee’, the very first chapter talks about the welfare of the poor, including slum redevelopment and rehabilitation. Under Pradhan Mantri Awas Yojana (PMAY), we provided houses to four crore people, and three crore more will receive houses. Similarly, we will provide in ..read more

THIRUVANANTHAPURAM: The city corporation has requested permission from the Airport Authority of India (AAI) to build a residential complex aimed at rehabilitating the families of Vikalanga colony at Muttathara and providing housing to beneficiaries listed under the LIFE Mission. As the two-acre plot falls within the airport’s ‘red zone’, where there are limitations on construction activities due to its close proximity to aircraft landing, the civic body had to approach the AAI for a No Objection Certificate (NOC). The Uralungal Labour Construction Co-operative Society (ULCCS) has been awarde ..read more

Representative Image BENGALURU: A business establishment in the Malleshwaram area recently closed its doors to the public, after which the building was demolished to make way for a new enterprise. According to the Solid Waste Management Rule 2016 by the Union Ministry of Environment, Forests and Climate Change (MoEF&CC), the new enterprise was supposed to transport all Construction and Demolition (C&D) waste generated in the process to C&D processing plants in Chikkajala and Kannur. However, the guidelines for C&D waste processing were ignored by the generator. Upon receiving ..read more

​The commission has ordered the LIT to pay the compensation within 30 days from the date of receipt of copy of order to Hem Raj Kapila of Gill road, failing which they shall be further held liable to pay interest on the said amount at the rate 8% per annum from the date of order till actual payment. Source link ..read more

Between beautiful streets, stunning road trips, and mesmerizing train rides, there’s something to be said for taking the scenic route. Not only do these experiences make for an exciting journey, but they remind us that good, beautiful things are all around us—so long as we take the time to find them. When it comes to streets, it goes without saying that not all are created equal. Take your basic grass-lined passageway and compare it to the colorful Caminito that anchors the La Boca neighborhood in Buenos Aires: The latter not only provides visitors with a vibrant photo op, but also serves as ..read more

NEW DELHI: Indiabulls Real Estate Ltd (IBREL) has posted widening of consolidated net loss at Rs 1,038.65 crore for the last fiscal year. Its net loss stood at Rs 608.38 crore in 2022-23. Total income also fell to Rs 468.75 crore during 2023-24 from Rs 648.47 crore in the preceding year, according to a regulatory filing on Friday. IBREL’s ness loss in March quarter FY24 narrowed to Rs 302 crore from Rs 375.99 crore in the year-ago period. Total income fell to Rs 39.54 crore in the quarter from Rs 132.91 crore in the year-ago period. Mumbai-based IBREL is one of the leading real estate develo ..read more

HYDERABAD: The Telangana high court on Friday pulled up the state for its lackadaisical response towards a PIL accusing Vasavi Infra of building residential towers within the full tank level/buffer zone of Komatikunta, a lake in Bachupally. The HC also questioned the state’s sincerity and said the official machinery appeared to be on the realtor’s side instead of working towards protecting the lake by assisting the court with relevant information. A bench of Chief Justice Alok Aradhe and Justice J Anil Kumar has now directed the revenue, irrigation and HMDA wings to submit the lake records b ..read more

NEW DELHI: Mahindra Lifespace Developers (MLDL) has reported net consolidated profit after tax stood of Rs 71.48 crore during the quarter ended March 31, 2024. It registered profit after tax of Rs 54 lakh in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company’s net consolidated total income stood at Rs 54.60 crore, a dip of 79.80 per cent from Rs 270.26 crore it recorded in the similar quarter last year. Amit Sinha, managing director & CEO of the company said, “We closed the year with over Rs. 4,400 crore of GDV in our business development and ..read more

BENGALURU: Many homebuyers are often eager to have the builder register the sale deed at a sub-registrar office promptly. They typically prioritise this step over ensuring that the builder has submitted the occupancy certificate and khata certificate of the respective flat to the sub-registrar. Their primary concern is to expedite the registration process and take possession of the flat as soon as possible. The builder must submit the occupancy certificate and khata certificate to the sub-registrar while registering the sale deed. Without a khata certificate, homebuyers may encounter numerou ..read more

NEW DELHI: A court here has summoned realtor Pranav Ansal in a case regarding the alleged offences of criminal intimidation, furnishing false information and giving false evidence read with criminal conspiracy. Pranav Ansal is the vice chairman and managing director at Ansal Properties and Infrastructure Ltd. He is the son of real estate tycoon Sushil Ansal. Metropolitan Magistrate Devanshi Janmeja noted the complaint, according to which Pranav and others had pressurised the complainant, Suneal Mangal, to resign from his position in the company and also threatened him and his wife with “dire ..read more