To end the issue of unauthorized colonies, the Delhi government has started conducting a survey to have the data on forest land and then approve the remaining unauthorized colonies.

As the State had performed appreciably along various fiscal parameters amid a slowdown at the national level, Haryana Finance Minister Harmohinder Singh Chattha did not levy any fresh taxes while presenting the Budget for 2013-14 in the Assembly on Friday.

To achieve the objective of “Faster, Inclusive and Sustainable Growth” in the 12th Five Year Plan, Mr. Chattha proposed an outlay of Rs.27,071.32 crore, which included an Annual Plan of Rs.18,000 crore, which was 24 per cent higher than in the previous fiscal. An additional outlay of Rs.2,352.65 crore through Centrally-sponsored schemes is expected to raise the composite Plan outlay to Rs.20,352.65 crore.

Sri Lanka Supreme Court Wednesday withdrew an order preventing the re-development of Colombo's crowded residential Slave Island area.

The ruling Bharatiya Janata Party in Gujarat had promised in its 2012 election manifesto that it will build 50 lakh low-cost houses at a cost of Rs.33,000 crore during the next five years, but the very first Budget of the newly-elected Narendra Modi Government has found just about Rs.4,000 crore for the purpose. By common arithmetic, at an average of Rs.4,000 crore a year the estimated allocation for the much-touted project has been slashed to Rs.20,000 crore in five years – as much as Rs.13,000 crore less.

“Though even Rs.33,000 crore is less to build that kind of housing infrastructure, the allocation of Rs.4,000 crore this financial year is peanuts,” points out Jayanti Dave, known Gujarat economist and veteran business journalist.

Lucknow: In what may bring relief to real estate developers, UP government has hinted at revising the policy in favour of developers for reserving certain percentage of units for weaker sections of

Itanagar: The Sulung (Puroik) community residing in East Kameng district of Arunachal Pradesh at last got a reason to smile with Union Rural Development Minister Jairam Ramesh announcing to provide them roofs and hearths for survival.

“The 400 odd Sulung families, which earlier worked as bonded labourers for the Nyishis of the district and other areas, will be provided houses under Indira Awas Yojana (IAY),” the minister announced here today.

It will be sent to the Union Cabinet for approval soon

Property developers will no longer be able to lure buyers with advertisements making tall claims and with blown-up pictures of fancy living spaces. In fact they will no longer be able to publicise their projects unless they have all the requisite permissions for construction, the Real Estate (Regulation & Development) Bill-2011 has proposed. The Bill, which will be sent to the Union Cabinet for approval soon by the Union Ministry of Housing & Poverty Alleviation, has spelt out the specifics that will have to be followed by the construction industry.

Govt asks bankers to pitch in with Rs 1,000 crore for scheme

Over 3.5 lakh families below the poverty line (BPL) and, or, from the economically weaker sections (EWS) in Haryana are likely to avail the state government’s assistance for construction of houses under its new housing policy — Priyadarshini Awaas Yojna, stated a top state official.

On the line of ‘ Indira Awaas Yojna’, the policy details would be sent to the state Cabinet for approval and is likely to be launched from April 1.This was stated by Ram Niwas, principal secretary, rural development & panchayat, Haryana, while addressing the state level banker’s committee meet here on Thursday.