Don’t acquire land for pvt biz: Parl panel
New Delhi: Setting tough conditions for land acquisition, a Parliamentary panel today said the government should not acquire land for private businesses and stressed on a clearer definition of “public purpose” in this regard.
“Public purpose” in Land Acquisition, Rehabilitation… Continue reading
Govt officials suspended for aiding land grab
New Delhi: Three government officials have been suspended following an internal inquiry which found they helped land mafia register ownership papers of huge government land in East Delhi in the names of private parties.
Revenue secretary Vijay Dev said,
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173 cases of irregularities in DDA
New Delhi: Over 170 cases of alleged corruption and irregularities have been reported in the Delhi Development Authority (DDA) in the last three years, Urban Development Minister Kamal Nath said today.
In reply to a question in Lok Sabha, he… Continue reading
DDA land scam: I-T attaches Ashok Malhotra’s properties
New Delhi: More than a year after slapping a tax demand of over Rs six crore, the Income Tax department has attached five properties belonging to a Delhi-based businessman accused in the DDA multi-crore land scam.
The action came recently… Continue reading
‘Stamp duty on property deals can rise’
New Delhi: The state can fix higher stamp duty on property transactions done through power of attorney vested in an outsider, as against such power executed through one’s blood relatives like father, mother and wife, the Supreme Court has ruled.… Continue reading
Petitions rejected, Noida, Greater Noida to move SC
Noida: The officials of Noida and Greater Noida authorities on Tuesday said they would approach the Supreme Court after the Allahabad High Court on Monday rejected their demand to nullify its direction to give 10 per cent developed plots to… Continue reading
Section of building that was once home to Musharraf is torn down
New Delhi: A section of the Neharwali Haveli in Daryaganj, the ancestral home of former Pakistan President Pervez Musharraf, has been demolished, kicking off a row with local MLA Shoaib Iqbal claiming that the city has lost a landmark.
Musharraf… Continue reading
Unitech profit plunges 98% as sales hit
Mumbai: Unitech Ltd, India’s No.3 real estate developer by market value, said its quarterly profit slumped 98 percent because of high borrowing costs and a slowdown in house sales.
Thirteen interest rate increases by the central bank between March 2010… Continue reading
Residential prices fell 9.1 pc in a year: Knight Frank report
s property market may not have seen any significant price correction, a recent report by property consultants Knight Frank shows that of 23 cities across the world, Mumbai has registered the maximum decrease in prices over the last one year.… Continue reading
Warning to housing society residents
: Residents of housing societies in the southern sectors have been warned that they should allow water to fill up in the underground reservoirs within the housing societies and then pump water from there to the houses. MC officials state… Continue reading