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Industrial plots not for houses
These can’t be converted into residential plots, rules apex court; Punjab govt to get back 100 acres allotted for the purpose The Punjab government is set to get back about 100 acres of land in Phase VIII- A and VIII-B of Industrial Area here with the Supreme Court ruling that industrial plots can- not be converted [...]
Continue reading...Extension for Nayagaon probe
6. March 2010
STATUS REPORT `Info inadequate’, no action against violators The Punjab and Haryana High Court on Friday granted three months’ extension sought by Punjab ADGP Chander Shekhar to complete the inquiry into the acquisition of land at Nayagaon, near here, by influential people. The extension was granted on Chander Shekhar’s plea that the ambit of the inquiry was [...]
Continue reading...Dabbling in property anybody’s business
6. March 2010
LICENSED TO CHEAT Faceless agents in every nook and corner, authorities look the other way FROM 1996 TO 2009, ONLY 90 OBTAINED LICENCE IN HOSHIARPUR, JALANDHAR, NAWANSHAHR, KAPURTHALA. ONLY 39 VALID TODAY Given the huge potential, dealing in property has become a favoured profession with people who may have no qualification and yet want to make [...]
Continue reading...BUILDING BYLAWS Punjab ends restriction on height of commercial structures
6. March 2010
Aiming to make optimum use of costly and scarce land in view of rapid urbanisation, Punjab government on Friday announced a major shift in the building bylaws by allowing the construction of highrise buildings. Local Government Minister Manoranjan Kalia said at present the height of commercial buildings, multiplexes and group housing projects was restricted in accordance [...]
Continue reading...IT township coming up at SAS Nagar
25. February 2010
Sukhm Infrastructures Pvt Ltd on Wednesday launched the newly integrated IT Township at SAS Nagar. On the verge of start up, the IT Township, Yellowstone Landmark Info City, is strategically located close to the upcoming International Airport. It is also in the vicinity of the already developed sectors of SAS Nagar and Chandigarh like Sectors [...]
Continue reading...Year ends, so do housing hopes
25. February 2010
FOR A ROOF Money received from Centre, yet thousands left out of Indira Awas Yojana All its noise about the Centre being biased against Punjab notwithstanding, the state government itself has helped only 44 per cent of the targeted beneficiaries under the Indira Awas Yojana (IAY) this financial year, despite 75 per cent of the funds [...]
Continue reading...Badal Encourages NRIs to Invest in Punjab
9. February 2010
While urging the NRI Punjabis to undertake development projects in villages and the cities of the state, Chief Minister Parkash Singh Badal today said that the state government would bear 70% of the cost of such projects. The Chief Minster said this while inaugurating the state’s biggest senior citizens home, which has been built on [...]
Continue reading...Panchkula and Mohali: Plots versus flats
6. February 2010
Growth trends in the realty sector have been more or less similar in the twin cities of Panchkula and Mohali, but the future might have a different story to tell, Chandigarh’s satellite towns, Mohali and Panchkula, have had similar growth rates where realty is concerned. In both Panchkula in Haryana, and Mohali in Punjab, the plot [...]
Continue reading...Metro project to cost Rs 16,716 crore: RITES
5. February 2010
CHANDIGARH WOULD CONTRIBUTE RS 12,178 CR, WHILE PUNJAB AND HARYANA WOULD CONTRIBUTE RS 3,007 CR AND RS 1,531 CRORE, RESPECTIVELY In its final report submitted to the UT Administration, Rail India Technical and Economic Services (RITES) said building of Rapid Transport System in Panchkula, S.A.S. Nagar and Chandigarh will cost Rs 16,716 crore. The entire project, [...]
Continue reading...Master plans for Kharar, Banur approved
5. February 2010
The Punjab government, on Thursday, approved the master plans prepared by Jurong Consultants, Singapore, for the local planning area of Kharar and Banur. A decision to this effect was taken at the 17th meeting of the Punjab Regional Town Planning and Development Board under the chairmanship of Punjab Chief Minister Parkash Singh Badal at his [...]
Continue reading...Parsvnath seeks Rs 100 Crore Refund from Cancelled and Stalled Projects
23. January 2010
New-Delhi-based Parsvnath Developers is in the process of raising Rs 100 crore by way of refunds from various state governments due to canceled or stalled projects. The developer wants to monetise the delayed projects since it sees no possibility of going through with them. It is thus seeking refunds on projects where clear titles have [...]
Continue reading...Ludhiana :FIRs lodged against illegal colonisers
6. January 2010
GLADA HAS GOT TWO FIRS REGISTERED AGAINST 11 PERSONS Acting tough against illegal colonisers, the Greater Ludhiana Area Development Authority (GLADA) has got registered FIRs against 11 persons, including two women, for indulging in the practice of carving illegal colonies. On the complaint of the GLADA officials, the district police have registered two cases in this regard. In [...]
Continue reading...Real estate on the rise in Amritsar
3. January 2010
The holy city of Amritsar is no more just a religious destination . After the Punjab government started developing it as a tourist destination, real estate developers saw the opportunity and jumped in. Even though the city is just 25 km from the Indo-Pak border, Amritsar has drawn more than a dozen real estate developers who are [...]
Continue reading...RTI effect: SIC seeks action against Executive Officer
2. January 2010
Officer of Jalandhar Improvement Trust had refused to give information under RTI State Information Commission (SIC) has directed to Local Bodies Department to take action against a former Executive Officer of Jalandhar Improvement Trust (JIT) for not implementing the Right to Information Act properly in 2008. In his orders, State Information Commissioner Lt. Gen P.K. Grover (retd) has [...]
Continue reading...Govt to set up 1,276-acre IT park at Rajpura
29. December 2009
BIG TICKET State to float global tender for consultants The Punjab government has decided to set up a self-contained “Integrated Information Technology and Knowledge Industry Park” spread over 1,276 acres at Rajpura. The decision was taken at a meeting chaired by Chief Minister Parkash Singh Badal here on Monday. Badal also gave approval for acquisition of contiguous common [...]
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11. March 2010
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