The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …
Builders Pay No Tax For 300 Sq Ft Flats In Metros, 600 Sq Ft In Non-Metros It's a mixed bag for the real estate sector. The biggest bonanza is for Real Estate Investment Trusts (REITS), which are now exempt from paying the 17% dividend distribution tax (DDT) when they hand …
The realization that areas near Muttar do not come under coastal regulation zone (CRZ) has rekindled the hopes of Cheranellore residents. The regulations have prevented them from construction activities including renovation works on buildings. Muttar that flows on one side of the panchayat has zero salinity. The residents have decided …
Officials asked to take stern action against illegal transportation of sand. Kakinada: The Andhra Pradesh government has shelved e-auctions for sand mining in the state, saying that it was not able to get proper price in these auctions. The government felt that the guidelines for e-auctions and tenders for sand …
To achieve the goal of houses for all and curtail the menace of mushrooming of unauthorised colonies, the government today approved the Deen Dayal Jan Awas Yojana, and revised the area norms of licensed colonies of medium and low-potential zones. It also approved the Policy for Innovative Financing of the …
The cutting of Dindoshi and Yeoor hills, in Goregaon and Thane, respectively, has been stayed in an interim order by the Pune bench of the National Green Tribunal. The ruling comes two months after NGO Vanashakti sought that they be declared no-development zones as they lie on the periphery of …
Real estate companies in top metros have said that local government bodies approve building plans only after the project has been granted environment clearance. This follows the Supreme Court's Friday observation that housing projects must get environment clearance before work can start. In July last year, the National Green Tribunal …
The lakes in Koramangala-Challaghatta (KC) valley are the most polluted than the ones in Vrishabavathi and Hebbal valleys, says an IISc study. The study , Wetlands: Treasure of Bangalore (abused, polluted, encroached and vanishing), released on Wednesday by Prof TV Ramachandra and his team, reveals the KC valley receives more …
KOCHI: Despite all the hype over the future ‘Smart City’, Kochi - a ‘Metro-in-the-making’ - hides an invisible population. They are the landless and the homeless who are living a life of their own on the fringes, away from the glitz and glamour and vanities of the city. The city …
Industry experts say this will facilitate clear titles, transparency and delivery Even though there is very little progress on creating affordable housing, the sector is likely to witness a new generation of serious developers who will give priority to clear titles, transparency and delivery, industry experts believe. Paranjape Schemes chairman …
Authority can impose fine of up to Rs 1 crore and prison terms up to three years Maharashtra Chief Minister Devendra Fadnavis has said the Housing Regulatory Authority would be established within a month. The housing regulator will be a quasi-judicial body and delegated with the powers to safeguard the …
Order of the National Green Tribunal in the matter of Niraj Naik Vs. Palacio Property Developers Pvt. Ltd. & Ors. dated 19/11/2015 regarding construction in CRZ area by M/s Palacio Property Developers Pvt. Ltd. in Tiswadi taluka of North Goa district. The Tribunal directed the Goa Coastal Zone Management Authority …
The National Green Tribunal on Thursday virtually barred construction of buildings 200 metres along the banks of the Ganga in Uttarakhand till further orders to protect pollutants from being discharged into the river. “We direct that no corporation, authority or panchayat shall grant permission for construction of building, houses, hotels …
With no Indian standards and code of practice available in the country for most of the new technologies developed indigenously as also those sourced from other countries, the Housing and Urban Alleviation Ministry is commissioning a study to evolve testing protocol to promote their implementation. The IIT-Kanpur will conduct the …
Voicing concern over rapid construction activity in Shimla and its adverse affect on the ecology, the National Green Tribunal has constituted an expert committee to study forests, sewage system, water supply and carrying capacity strength of the hills. "The committee shall submit its report giving utmost priority to environment, ecology, …
The Jammu and Kashmir High Court has directed attachment of all the structures and buildings constructed in violation of Srinagar Master Plan and court orders in and around Dal Lake here. A Division Bench comprising Chief Justice N. Paul Vasanthakumar and Justice Hasnain Masoodi on Saturday gave the direction to …
The National Green Tribunal (NGT) on Monday issued bailable warrants against seven builders for not responding to notices by the Agra Municipal Corp and file documents before the NGT to prove they were not releasing untreated sewage into river Yamuna. The NGT order, on a petition by environmentalist D.K. Joshi, …
PUNE: The new Development Control (DC) rules currently being drafted for Pune will make it mandatory for all development works to comply with green construction norms proposed by the central government. The committee headed by Pune divisional commissioner S Chockalingam that submitted the draft Development Plan (DP) for the old …
Agartala: Tripura government will construct 8000 houses to rehabilitate shifting cultivators, who are mainly living in the tree-top houses (Tong ghar) in the Tripura Tribal Areas Autonomus District Council Areas constituting two-thirds of the state territory. Chief Minister Manik Sarkar announced that state government would provide houses to hardcore Jhumia …
BHUBANESWAR: The uncertainty over Central assistance for rural housing scheme under Indira Awas Yojana (IAY) for the current fiscal is finally over with the Ministry of Rural Development sanctioning Rs 591.44 crore for the State. The financial allocation has been made as per the guideline giving 75 per cent weight …
Green construction norms include 1% total energy needs to be met from renewable sources States have broadly agreed to ensure compliance with the proposed Environmental Guidelines for construction projects in urban areas stating that the stipulations are feasible for implementation. A broad consensus in this regard emerged at a four …
