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Tuesday, March 26, 2013

Realtor’s claim false residents

Realtor’s claim false: residents


The apartment owner association (AOA) of Close North Apartments, Nirvana Country, has refuted their developer Unitech’s claim that the association is not registered.

On Sunday, AOA had decided to take over management of the complex due to alleged lapses in maintenance and security.

Following this, the developer’s spokesperson claimed that the Close North AOA was not registered and that “they have to follow the norms under the Haryana Apartments Ownership Act, 1983 to get maintenance and security of the condominium”.

The developer has misled people, AOA said. The body has documents to prove that the body was registered in 2007.

On March 12 this year, a new registration number was also allotted to AOA under the Haryana Regulation and Registration of the Societies Act, 2012.

http://www.hindustantimes.com/India-news/gurgaon/Realtor-s-claim-false-residents/Article1-1029627.aspx

Friday, March 22, 2013

Use eco-friendly means to line water bodies, greens urge water resources department



Use eco-friendly means to line water bodies, greens urge water resources department


MARGAO: The measures undertaken by the water resources department (WRD) of providing concrete lining to water bodies have come under the scanner of environmentalists who have demanded eco-friendly measures be adopted as an alternative.

At a meeting of representatives of various village groups and other concerned citizens in Margao recently, the participants pointed out that the use of concrete had destroyed the ecological balance of water bodies throughout the world, “causing great alarm” among environmentalists and the general public.

They took serious note of the fact that in the last twenty years or so, Goa’s river banks, ponds, traditional nullahs and other natural courses for water have been ‘strengthened’ with concrete, supposedly to prevent erosion and, in some cases ‘beautify’ the area.

“Tonnes of concrete continue to be poured into our sensitive water bodies and nullahs every day, choking all forms of life therein, and further polluting our precious water resources,” the participants at the meeting rued.

Environment lovers are of the view that the government should look at more environmentally-conscious ways of restoring water bodies, preserving and enhancing the prevailing environment, and more importantly, creating jobs for local craftsmen using readily available natural material.

“Just recently the department has launched lining of a nullah at a cost of 11 crore. Often tenders are out for huge sums of money. We all know that Goa is a high rainfall region and often there are intense spell of rains. The soil is well drained and hence water immediately percolates in the soil and slowly seeps in the gutters, nullahs and rivers. By concrete lining we are hampering the natural process. Secondly, concrete lining will not help any aquatic flora and fauna thrive which otherwise play an important role in keeping the water clean and unpolluted. Who benefits in this entire exercise is the contractor and maybe someone who gives the contract,” says Sachin Tendulkar, a farmer from Dabhal, near Sanvordem.

Tendulkar suggests the involvement of local farmers to carry out this work using traditional method, knowledge and techniques. “The best method is to use concepts of bio-engineering and line these embankment with laterite and rubble stone so that, over a period of time, the plants and vegetation grow on this embankment and make it strong, provide habitation for crabs, frogs, fishes, turtles, reptiles,” Tendulkar said.

http://timesofindia.indiatimes.com/city/goa/Use-eco-friendly-means-to-line-water-bodies-greens-urge-water-resources-department/articleshow/19027598.cms

Use eco-friendly means to line water bodies, greens urge water resources department



Use eco-friendly means to line water bodies, greens urge water resources department


MARGAO: The measures undertaken by the water resources department (WRD) of providing concrete lining to water bodies have come under the scanner of environmentalists who have demanded eco-friendly measures be adopted as an alternative.

At a meeting of representatives of various village groups and other concerned citizens in Margao recently, the participants pointed out that the use of concrete had destroyed the ecological balance of water bodies throughout the world, “causing great alarm” among environmentalists and the general public.

They took serious note of the fact that in the last twenty years or so, Goa’s river banks, ponds, traditional nullahs and other natural courses for water have been ‘strengthened’ with concrete, supposedly to prevent erosion and, in some cases ‘beautify’ the area.

“Tonnes of concrete continue to be poured into our sensitive water bodies and nullahs every day, choking all forms of life therein, and further polluting our precious water resources,” the participants at the meeting rued.

Environment lovers are of the view that the government should look at more environmentally-conscious ways of restoring water bodies, preserving and enhancing the prevailing environment, and more importantly, creating jobs for local craftsmen using readily available natural material.

“Just recently the department has launched lining of a nullah at a cost of 11 crore. Often tenders are out for huge sums of money. We all know that Goa is a high rainfall region and often there are intense spell of rains. The soil is well drained and hence water immediately percolates in the soil and slowly seeps in the gutters, nullahs and rivers. By concrete lining we are hampering the natural process. Secondly, concrete lining will not help any aquatic flora and fauna thrive which otherwise play an important role in keeping the water clean and unpolluted. Who benefits in this entire exercise is the contractor and maybe someone who gives the contract,” says Sachin Tendulkar, a farmer from Dabhal, near Sanvordem.

Tendulkar suggests the involvement of local farmers to carry out this work using traditional method, knowledge and techniques. “The best method is to use concepts of bio-engineering and line these embankment with laterite and rubble stone so that, over a period of time, the plants and vegetation grow on this embankment and make it strong, provide habitation for crabs, frogs, fishes, turtles, reptiles,” Tendulkar said.

http://timesofindia.indiatimes.com/city/goa/Use-eco-friendly-means-to-line-water-bodies-greens-urge-water-resources-department/articleshow/19027598.cms

Friday, March 8, 2013

EWS, infrastructure upgrade focus of DDA budget

The Delhi Development Authority passed its budget for the year 2013-14 on Tuesday. The budget concentrates on constructing housing for the economically weaker sections and upgrading infrastructure in the city.

Lieutenant-Governor Tejendra Khanna has asked the land agency to come up with a full monitoring chart giving targets, time lines and date of completion for all projects before its next meeting.

According to the budget, during the year 2013-14, a sum of Rs 3,029.41 crore is expected to be received from disposal of land and Rs 2,847.44 crore from the disposal of houses and shops.

Meanwhile, in the revised budget estimates for 2012-13, only a sum of Rs 715.06 crore will be received from disposal of residential, industrial, institutional and commercial land as against a budget estimate of Rs 2,211.83 crore.

“To meet the demand for residential, commercial and institutional land, development works have been taken up at Rohini, Dwarka, Narela, Jasola, Bakkarwala, Maidangarhi, Kirti Nagar, Paschim Viha and Alaknanda.

Expenditure in revised estimate 2012-13 has been assessed at Rs 2,156.37 crore, against provision of Rs 1,974.53 crore made in budget estimate 2012-13. During the next year in budget estimate 2013-14 a provision of Rs 2,543.05 crore has been made+        
 under this head,’’ a DDA official said.

DDA claimed that while at the beginning of the financial year 2012-13, 30,813 houses were in progress and 4,321 houses had already been put up for allotment by the housing wing. Around 4,855 EWS and 24,660 LIG flats were taken up for construction in Dwarka, Narela and Rohini and it is likely that these houses shall be awarded during the year 2013-14.

“Another 3,000 EWS houses in A-4 Kalkaji Extension, under in-situ development housing scheme, have been awarded and its construction is likely to commence in the year 2013-14,’’ a non-official DDA member Subhash Chopra said.

http://www.financialexpress.com/news/ews-infrastructure-upgrade-focus-of-dda-budget/1083593/0

EWS, infrastructure upgrade focus of DDA budget

The Delhi Development Authority passed its budget for the year 2013-14 on Tuesday. The budget concentrates on constructing housing for the economically weaker sections and upgrading infrastructure in the city.

Lieutenant-Governor Tejendra Khanna has asked the land agency to come up with a full monitoring chart giving targets, time lines and date of completion for all projects before its next meeting.

According to the budget, during the year 2013-14, a sum of Rs 3,029.41 crore is expected to be received from disposal of land and Rs 2,847.44 crore from the disposal of houses and shops.

Meanwhile, in the revised budget estimates for 2012-13, only a sum of Rs 715.06 crore will be received from disposal of residential, industrial, institutional and commercial land as against a budget estimate of Rs 2,211.83 crore.

“To meet the demand for residential, commercial and institutional land, development works have been taken up at Rohini, Dwarka, Narela, Jasola, Bakkarwala, Maidangarhi, Kirti Nagar, Paschim Viha and Alaknanda.

Expenditure in revised estimate 2012-13 has been assessed at Rs 2,156.37 crore, against provision of Rs 1,974.53 crore made in budget estimate 2012-13. During the next year in budget estimate 2013-14 a provision of Rs 2,543.05 crore has been made under this head,’’ a DDA official said.

DDA claimed that while at the beginning of the financial year 2012-13, 30,813 houses were in progress and 4,321 houses had already been put up for allotment by the housing wing. Around 4,855 EWS and 24,660 LIG flats were taken up for construction in Dwarka, Narela and Rohini and it is likely that these houses shall be awarded during the year 2013-14.

“Another 3,000 EWS houses in A-4 Kalkaji Extension, under in-situ development housing scheme, have been awarded and its construction is likely to commence in the year 2013-14,’’ a non-official DDA member Subhash Chopra said.

http://www.financialexpress.com/news/ews-infrastructure-upgrade-focus-of-dda-budget/1083593/0

EWS, infrastructure upgrade focus of DDA budget

The Delhi Development Authority passed its budget for the year 2013-14 on Tuesday. The budget concentrates on constructing housing for the economically weaker sections and upgrading infrastructure in the city.

Lieutenant-Governor Tejendra Khanna has asked the land agency to come up with a full monitoring chart giving targets, time lines and date of completion for all projects before its next meeting.

According to the budget, during the year 2013-14, a sum of Rs 3,029.41 crore is expected to be received from disposal of land and Rs 2,847.44 crore from the disposal of houses and shops.

Meanwhile, in the revised budget estimates for 2012-13, only a sum of Rs 715.06 crore will be received from disposal of residential, industrial, institutional and commercial land as against a budget estimate of Rs 2,211.83 crore.

“To meet the demand for residential, commercial and institutional land, development works have been taken up at Rohini, Dwarka, Narela, Jasola, Bakkarwala, Maidangarhi, Kirti Nagar, Paschim Viha and Alaknanda.

Expenditure in revised estimate 2012-13 has been assessed at Rs 2,156.37 crore, against provision of Rs 1,974.53 crore made in budget estimate 2012-13. During the next year in budget estimate 2013-14 a provision of Rs 2,543.05 crore has been made under this head,’’ a DDA official said.

DDA claimed that while at the beginning of the financial year 2012-13, 30,813 houses were in progress and 4,321 houses had already been put up for allotment by the housing wing. Around 4,855 EWS and 24,660 LIG flats were taken up for construction in Dwarka, Narela and Rohini and it is likely that these houses shall be awarded during the year 2013-14.

“Another 3,000 EWS houses in A-4 Kalkaji Extension, under in-situ development housing scheme, have been awarded and its construction is likely to commence in the year 2013-14,’’ a non-official DDA member Subhash Chopra said.

http://www.financialexpress.com/news/ews-infrastructure-upgrade-focus-of-dda-budget/1083593/0

EWS, infrastructure upgrade focus of DDA budget

The Delhi Development Authority passed its budget for the year 2013-14 on Tuesday. The budget concentrates on constructing housing for the economically weaker sections and upgrading infrastructure in the city.

Lieutenant-Governor Tejendra Khanna has asked the land agency to come up with a full monitoring chart giving targets, time lines and date of completion for all projects before its next meeting.

According to the budget, during the year 2013-14, a sum of Rs 3,029.41 crore is expected to be received from disposal of land and Rs 2,847.44 crore from the disposal of houses and shops.

Meanwhile, in the revised budget estimates for 2012-13, only a sum of Rs 715.06 crore will be received from disposal of residential, industrial, institutional and commercial land as against a budget estimate of Rs 2,211.83 crore.

“To meet the demand for residential, commercial and institutional land, development works have been taken up at Rohini, Dwarka, Narela, Jasola, Bakkarwala, Maidangarhi, Kirti Nagar, Paschim Viha and Alaknanda.

Expenditure in revised estimate 2012-13 has been assessed at Rs 2,156.37 crore, against provision of Rs 1,974.53 crore made in budget estimate 2012-13. During the next year in budget estimate 2013-14 a provision of Rs 2,543.05 crore has been made under this head,’’ a DDA official said.

DDA claimed that while at the beginning of the financial year 2012-13, 30,813 houses were in progress and 4,321 houses had already been put up for allotment by the housing wing. Around 4,855 EWS and 24,660 LIG flats were taken up for construction in Dwarka, Narela and Rohini and it is likely that these houses shall be awarded during the year 2013-14.

“Another 3,000 EWS houses in A-4 Kalkaji Extension, under in-situ development housing scheme, have been awarded and its construction is likely to commence in the year 2013-14,’’ a non-official DDA member Subhash Chopra said.

http://www.financialexpress.com/news/ews-infrastructure-upgrade-focus-of-dda-budget/1083593/0

Friday, March 1, 2013

Four - lane road - cum - metro track may be delayed

JAIPUR: As the Delhi Metro Rail Corporation’s (DMRC) focus shifts to only run the Metro train by the deadline of June 30, the construction of proposed four-lane elevated road-cum-metro track project on Ajmer Road might miss the deadline.

The DMRC is constructing double-storey elevated road and Metro track project for the first time in the country. The construction of elevated road was proposed to ease traffic flow from Ajmer to Jaipur and vice-versa as the scope for widening the roads in the area is less. Similarly, the Bus Rapid Transit System (BRTS) project on the route is expected to be 10 months late.

An official explained that on ground, normal traffic will flow; on the first level, four-lane elevated road is being constructed for smooth flow of traffic on the highway to Ajmer; and on second, Metro track will be built.

Sources in the department claimed, “On Ajmer Road it was expected that the train and traffic will be open for public together. However, as the civil construction of Metro corridor is delayed by six months the focus is just to run the train first and elevated road will be constructed afterwards. “He added, “Majority of four-lane elevated track has been completed, it will be operational three months after the train.”

However, a JDA official explained that the BRTS project will take at least 10 months to start after the Jaipur Metro is operational. “The work of dedicated BRTS corridor can only be started in June as both the projects cannot be carried out simultaneously. The work is done at height and possibilities of accidents arise if work is initiated beneath it.”

The length of elevated road towards Ajmer will be 2.95 km and 4.63 km from Ajmer side to Jaipur. The Metro will run from Sodala to Civil Lines on the second level and it will have a length of 1.6 km, explained the official.

The civil construction work of 9.25 km of Jaipur Metro corridor (Mansarovar to Chandpole) remains a challenge for DMRC as it has to complete the entire civil construction by June 2013, the deadline for the project.

Sources in the department claimed that the DMRC now plans to complete the civil construction work of the elevated track from Mansarovar to the railway station. The decision has been taken as the state government is eyeing the Metro project to secure vote in the next state assembly elections.

On the other hand, in another step closer to completion of Jaipur Metro project, the DMRC has applied to the Research Designs and Standards Organisation (RDSO), a research body of the ministry of railways, to carry out inspections (trial runs) of the project in April or May this year.

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Jaipur: As the Delhi Metro Rail Corporation (DMRC) focus shifts only to run the Metro train on deadline, June 30 the construction of proposed four-lane elevated road-cum-metro track project on Ajmer road might miss the deadline.

The DMRC is constructing double-storied elevated road and metro track project for the first time in the country. The construction of elevated road was proposed to ease traffic flow from Ajmer to Jaipur and vice-versa as the scope for widening the roads in the area is less. Similarly, the Bus Rapid Transit System (BRTS) project on the route is expected to be 10 months late.

An official explained, on ground, normal traffic will flow; on the first level, four-lane elevated road is being constructed for smooth flow of traffic on the highway to Ajmer; and on second, metro track will be built.

Sources in the department claimed, “On Ajmer road it was expected that the train and traffic will be open for public together. However, as the civil construction of Metro corridor is delayed by six months the focus is just to run the train first and elevated road will be constructed afterwards. “He added, “Majority of four-lane elevated track has been completed, it will operational three months after the train.”

However, a JDA official explained, the BRTS project will take atleast 10 months to be started after the Jaipur metro is operational. “The work of dedicated BRTS corridor can only be started in June as both the project cannot be carried out simultaneously. The work is done at height and possibilities of accidents arise if work is initiated beneath it.”

The length of elevated road towards Ajmer will be 2.95 kilometres (km) and 4.63 km from Ajmer side to Jaipur. Metro will run from Sodala to Civil lines on the second level and it will have a length of 1.6 km, explained official

The civil construction work of 9.25 km Jaipur Metro corridor (Mansarovar to Chandpole) remains a challenge for DMRC to complete the entire civil construction by June 2013, the deadline for the project.

Sources in the department claimed that the DMRC now plans to complete the civil construction work of the elevated track from Mansarovar to the railway station. The decision has been taken as the state government is eyeing at the Metro project to secure vote in next state assembly elections

On the other hand, in another step closer to completion of Jaipur Metro project, the Delhi Metro Rail Corporation (DMRC) has applied with the Research Designs and Standards Organisation (RDSO), a research body of the ministry of railways, to carry out inspections (trial runs) of the project in April or May this year.

http://timesofindia.indiatimes.com/city/jaipur/Four-lane-road-cum-metro-track-may-be-delayed/articleshow/18702246.cms

Mixed reaction to budget from realtors,home buyers

From ‘encouraging’ to ‘could have been better’ to ‘nothing for us’, Thursday’s Union Budget evoked varying responses from home buyers, realtors and builders in Hyderabad.

Since home buying has started picking up in the city after a prolonged lull, builders feel that impetus in form of more relief could have helped. But the provision of an additional deduction of interest of up to Rs.1 lakh for home loans has been welcomed by many. This is offered for first time home loans up to Rs.25 lakh.

“Increasing the deduction from Rs.1.50 lakh to Rs.2.50 lakh is definitely a welcome move. Though not a big amount, it will act as a psychological spur for the middle class aspiring to acquire a home,” opines P. Prem Kumar, president, A.P. Real Estate Developers Association (APREDA).

For the real estate in Hyderabad, even such smaller incentives could add up. Some in the construction industry feel that with property prices being lowest here in the city, this small incremental advantage could come to help them.

Mitesh Surendra Kulkarni, vice-president & business head, Mantri Developers, describes the additional deduction as a positive step. “It will lead to a multiplier effect and I am sure will enthuse prospective buyers,” he says.

The enhanced deduction of interest is also seen as a welcome step by some prospective home buyers. “When applying for home loan, each rupee counts. Today’s announcement of an additional Rs.1 lakh exemption is a good development,” says P. Sai Kumar Goud, a travel agent.

M. Muralidhar Rao, a private employee who is planning to apply for a home loan, shares the sentiment. “I am dreading the financial burden and this additional deduction surely offers some relief to me,” he says.

Bankers on their part feel that the exemption could encourage people to apply for housing loans. “Many people take loans to claim tax exemption and this increased limit could translate into more loan-seekers,” points out a senior executive form a leading private sector bank.

However, there are voices that sound disappointed with the budget. “It could have been much better. I wished for some real incentives for the real estate, but can understand the constraints that the Finance Minister had on his side of the table,” says S. Pochender, CEO of Lanco Hills.

D.S. Prasad, Director, Aparna Constructions, feels that the present offering does help buyers a bit though much more was expected. “The end-user would have been more benefited if the issue of high taxation was addressed,” he quips.

Real estate was given a cold shoulder yet again, argues D. Sreedhar Reddy, immediate past-president, National Association of Realtors-India. “There is nothing for the real estate sector in the budget. It has been neglected and the demand for an industry status has been ignored,” he argues.

For C. Sekhar Reddy, vice-president, Confederation of Real Estate Developers’ Association of India (CREDAI), the budget has been a big letdown. Even the recommendations of Housing Ministry on affordable housing were ignored, he says and adds, “We were expecting a lot, including infrastructure status for affordable housing projects and exemptions in taxation for them. But none has happened”.

Source: The Hindu Publish: 28-February-2013

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