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economy
New CRZ rules give us clarity: Developers

File photoPANAJI: Relaxation of norms governing development of India’s coastline has brought some year-end cheer as the new Coastal Regulation Zone (CRZ) 2018 rules could open up development potential along Goa’s 105 km long coastline.Prime Minister Narendra Modi approved the CRZ 2018 notification which among other changes, de-freezes the floor space index (FSI) and permits…

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economy
Gurugram: Eight years on, Mantra home buyers clueless about delivery date

GURGAON: Around 1,200 buyers of the Mantra project, which was launched by Shree Vardhman Developers in 2010, are uncertain about getting possession of their dream homes.As many as eight years have passed since they booked their flats and the developer had promised delivery in 2014 but till date, nobody has got possession. Spread across 10…

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economy
BMC cannot give green nod for constructions

MUMBAI: For the second time in two years, the Centre’s attempts to empower Brihanmumbai Municipal Corporation and other local planning authorities to grant environment clearance for construction projects has been struck down. On December 27, environment secretary Anil Diggikar issued a circular stating that the Delhi high court in November and the National Green Tribunal…

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economy
Rajkot urban development body okays 36 new town planning schemes

RAJKOT: The Rajkot Urban Development Authority (RUDA) in it’s budgetary meeting on Monday approved 36 new town planning (TP) scheme which will be proved boost for the real estate sector in developing areas where the city is expanding currently.Currently the city is developing on western side which is Kalavad Road. But the villages in RUDA…

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