real estate news

Prime Minister sets March 2019 as deadline for online permission of Buildings

Indian Prime Minister Narendra Modi has set a deadline for all municipalities to get online to grant consent for the development of buildings. This deadline has been set up as March 2019. To review the progress of urban projects being built under the Urban Rejuvenation Mission, AMRUT, the PM has asked all the agencies to complete the geo-tagging of the projects by the end of this month.

Modi issued these directives amid the monthly PRAGATI meet during his online interactions various ministers, secretaries and chief secretaries of the states. As indicated by the Urban Affairs Ministry, 370 municipal bodies out of 500 mission cities have gone online for granting building permission. This method allows the people to get the required permission by putting an online application instead of going to the municipal offices. This is one of the major push by the government under its ‘ease of doing business’ initiative.

To initiative of geo-tagging of under-construction projects has been taken up to monitor the progress in order to assure no delays in the construction of the projects.

The UPA had launched AMRUT in the form of JNNURM, but the monitoring of the scheme was not up to the mark.

June 4, 2018 / by / in , , ,
‘Advisory Committees’ to sort out problems of Homebuyers and Builders

On Friday, at the Global Investment Summit 2018, Gurugram the Union Minister of State in the Ministry of Housing and Urban Affairs, Hardeep Singh Puri said that ‘Advisory Committees’ have been set up by the government in the southern, eastern and western region to fix the existing issues of real estate.

The committees will counsel with homebuyers and builders and look to solve problems for the same so that the deliveries of affordable houses are not postponed further and developers are also ready to deal with their beaurocratic problems.

The assigned work of the committees will begin in June 2018.

The government was advised by Mr Rajeev Talwar, chairman NAREDCO (National Real Estate Development Council) to take care of those real estate builders and developers whose land parcels have been mortgaged by different states in pretext as it would postpone the venture’s completion date and put a stop to the country’s real estate development.

The minister put the blame on some selected real estate developers who have defamed this sector noting that proper action will be taken against them as per the law. He also assured that the Union government – in counsel with the state of Haryana and UP, would be able to fix and solve the problems of NCR developers and builders.

Hardeep Singh Puri also said that the members of the Advisory Committee will also address the issues of builders related to RERA.

June 2, 2018 / by / in , , , , , ,