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economy
Gurugram: Civic work to start in 32 illegal colonies

GURUGRAM: As the regularisation of 628 unauthorised colonies across Haryana is underway, the urban local bodies department has decided to start development work in 32 unregularised colonies in Gurgaon, before they are officially regularised on paper. According to the officials, the civic infrastructure to be provided to these colonies will include water, sewer, street lights,…

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economy
LIFE Mission centres soon in flood-hit areas of Kochi

File photoKOCHI: The district LIFE (Livelihood Inclusion and Financial Empowerment) Mission will soon start facilitation centres in block panchayats which have been hit by the flood. “The project aims at assisting people who are rebuilding their houses which have been destroyed in the flood. With the help of engineers and experts from various NGOs, people…

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gurugram-master-plan-changes-sought-to-rev-up-global-city-project
economy
Gurugram: Master plan changes sought to rev up Global City project

GURUGRAM: The Gurugram Metropolitan Development Authority (GMDA) has sought some revisions in the Gurugram-Manesar Urban Complex Plan 2031 to fast-track the Global City project. Of the three revisions, two are to facilitate the development of the much-delayed project, while the third one is for changing the land use of 161 acres in Manesar.In the first…

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economy
Civic body sends reminder to Chandigarh’s LAO over IT Park land records

CHANDIGARH: In its latest move, the civic body here has sent a reminder to the land acquisition office (LAO) of the UT administration to provide all land records of Rajiv Gandhi Chandigarh Technology Park (RGCTP). The municipal corporation is already in the process of collecting land records as it needs to produce them before the…

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rbi-cancels-registration-of-31-nbfcs
economy
RBI cancels registration of 31 NBFCs

File photo MUMBAI: The Reserve Bank Friday cancelled the certificate of registrations of as many as 31 non-banking finance companies (NBFCs) for unspecified reasons. It also cancelled the certificate of registrations of 17 NBFCs following a request by them for the same. The action comes amid difficulties faced by the NBFCs sector. A majority 27…

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economy
Relaxed FSI will give more room to Tamil Nadu housing board settlements

File photoCHENNAI: The relaxed floor space index norms (FSI is the development potential of a property prescribed by the regulatory agency and is the ratio of land area to built-up area) could usher in the concept of cluster redevelopment in residential colonies and apartment complexes promoted by the Tamil Nadu Housing Board in Chennai in…

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