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economy
Central government forms committee for ‘effective’ implementation of RERA

The government has constituted a committee to suggest recommendations to strengthen the real estate law RERA and to remove difficulties in its implementation, an official said on Monday.The decision to form the committee, to be headed by Union Housing and Urban Affairs Joint Secretary Shiv Das Meena, comes months after the ministry organised four workshops…

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economy
HC clears roadblock for MRTS project in Chennai

File photoCHENNAI: Clearing an eight-year-old road block obstructing the completion of the final 500m of Velachery-St Thomas Mount extension of the Mass Rapid Transit System (MRTS), the Madras high court has dismissed a batch of 40 pleas challenging acquisition of land for the project.The project, which covers 5km, would provide a link to suburban services…

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economy
Tirupur: Villagers seeks free housing plots after facing eviction from district collectorate

TIRUPUR: A group of villagers from Uthukuli taluk laid siege to the district collectorate here on Wednesday, demanding free housing plots, which the district administration had earlier promised them.Pointing out that more than 150 families residing on neer (waterbody) and natham poramboke lands at A Periyapalayam, Morattupalayam and S Periyapalayam could be evicted at any…

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economy
Mahindra Lifespaces, Maharashtra govt ink pact to develop tourist destination in Murud, Raigad

MUMBAI: Mahindra Lifespace Developers, the real estate and infrastructure development arm of the Mahindra Group, has entered into an agreement with the government of Maharashtra for the development of a tourist destination at Murud in district Raigad.The company’s wholly-owned subsidiary Deep Mangal Developers will develop this project under the aegis of the Maharashtra government’s tourism…

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economy
Nagpur civic body wants Rs 800 crore to take over NIT layouts

NAGPUR: Even though chief minister Devendra Fadnavis is for accelerating the dissolution of Nagpur Improvement Trust (NIT), standing committee chairman Virendra Kukreja said the civic body won’t takeover 3,000 non-developed layouts unless the agency gives Rs 800 crore for development works.Most layouts fall under Gunthewari Act and without basic amenities like sewer lines, water networks…

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