NEW DELHI: Realty major DLF has sold 32 acre of land in Hyderabad for about Rs 650 crore to Suvarnabhoomi Developers as part of its strategy to exit from the non-core assets and reduce debt. The company has signed an agreement with local builder Suvarnabhoomi Developers to sell this plot, sources said. DLF has been divesting its non-core assets such as hotel plots, IT parks and SEZs since 2010 and had raised about Rs 8,000 crore till December last year. Recently, the company has been able to divest its three big-ticket assets — prime land parcel in Mumbai, hospitality chain Amanresorts and wind energy projects. DLF sold a 17-acre land
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Tribune News Service Srinagar, May 11 Furnishing details to the Jammu and Kashmir High Court, the Deputy Commissioner, Ganderbal, has stated that all the illegal structures and constructions raised along the banks of the Sindh river in he district have been demolished. The high court, which is hearing a PIL on the Sindh river, in its previous orders passed on March 4, 2013, had directed the Deputy Commissioner, Ganderbal, to file a supplementary report in which he was asked to indicate as to who were the encroachers and what type of encroachments had been removed. Giving out individual details of the illegal structures and constructions along the river banks, it
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New Noida is a developing area that is emerging as a good residential and work destination due to expansion of the footprint of Noida city towards its peripheral areas. This area lies north-east of Noida. New Noida is bound by NH-24 and Dadri Road to the North, Faridabad-Noida-Gurgaon Expressway to the South and Hindon River to the East. This region comprises Sectors 63-79 and Sectors 112-122. These sectors are just at a distance of 20 minutes from Sector 18 (retail / commercial hub of Noida), adjacent to Sector 62 (Electronic City) which has emerged as a major business hub. This area is also between 5-15 minutes drive from the Noida
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Addressing the shortage of housing in the country poses a significant challenge owing to the sheer numbers involved in enabling a sizeable population own a home. The Union housing ministry’s technical group on the estimation of housing shortage has projected the total shortage of dwelling units in urban areas to be around 1.87 crore and the shortfall in rural housing at 4.36 crore. The huge population dwelling in the slums, characterised by sub-standard housing amid squalor, stands at 9.49 crore, a disturbing statistic. The biggest challenge facing the planners, institutions and the government is availability of funds at reasonable interest rates for the construction of housing, with the necessary safeguards
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VISAKHAPATNAM: The Greater Visakhapatnam Municipal Corporation (GVMC) has flouted the norms of the Rajiv Aawas Yojana in preparing detailed project reports (DPR) and identifying beneficiaries, alleged many residents of the 13 slums in the city that the GVMC officials visited, including Suryateja Nagar. The residents claimed that the officials concerned entered some benami names as beneficiaries of the centrally sponsored housing project, which aims at providing a house worth Rs 5 lakh to families living in slums. Alluri Sitarama Raju Slum Dwellers Association president A Ramulu said that nearly 220 names out of total 278 dwellers of their slum have not been included in the report of beneficiaries being prepared
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NEW DELHI: A new eight-lane road connecting south Delhi commuters to Gurgaon and Faridabad is expected to come up soon, with the lieutenant governor on Friday giving approval. The 9.05 kilometre long corridor is expected to help commuters from Mehrauli, Greater Kailash, Chhattarpur, Saket etc to avoid jams at NH-8 and NH-2. The decision to undertake the Rs 597-crore project was taken by the urban development ministry, which will also provide the funds for the project, said officials. “The state public works department (PWD) is undertaking the construction of the double carriageway road from Mehrauli-Gurgaon road to Gurgaon-Faridabad road. The road, called Mandi Road, presently exists as a two-lane road
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THANE: Two accused in the building collapse at Shilphata on April 4 were granted bail by the Thane sessions court on Saturday. Afroz Alam Ansari, who supplied construction material to the builder, and Ramdas Burud, driver of the suspended deputy municipal commissioner Deepak Chavan, were granted bail by special judge K Warrier. The two were arrested on April 7 and have been booked on charges of culpable homicide not amounting to murder and causing hurt to others. The seven-storey Adarsh-2, which was built in a record three months, came down like a pack of cards killing 74 persons, including women and children. http://timesofindia.indiatimes.com/city/thane/Mumbra-crash-2-get-bail/articleshow/20129195.cms
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CUTTACK: A new outfit, Dharamanusthan Surakhya Samiti, came into existence on Saturday. The outfit said it would move the Supreme Court against the Orissa high court order of demolition of religious structures in Cuttack. President of the samiti Arun Panda said demolition is being carried out in violation of Supreme Court’s order. The apex court had ordered that religious structures, constructed illegally on government land after September, 2009, shall be demolished. However, the Orissa high court advanced the cut-off date to 1987, he said. The Supreme Court had further said unauthorised religious structures shall be reviewed on case to case basis before demolition but no such step was taken by
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With water shortage worsening with each passing day in the Millennium City, the Haryana Urban Development Authority (Huda) has roped in an NGO to find a permanent solution. At present the city is struggling to meet water shortage, fast depletion of groundwater level and conventional mode of sewage treatment. The authority is all set to tie up with the Centre for Science and Environment (CSE), a Delhi-based research organisation, which lobbies for and communicates the urgency of sustainable and equitable development. A crucial meeting between Huda officials and CSE executives was held on Saturday. In the meeting, scarcity of water and fast depletion of the groundwater level were discussed. “We
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SURAT: If people in Saurashtra and other parts of the state are facing acute water shortage, those in the Diamond City have abundant water to feel a sense of leading fulfilled lives. Residents in the city have broken the past record of water consumption this summer. Against the average supply of 800 million litres per day (MLD) during the summer season, this time around Surat Municipal Corporation (SMC) is supplying around 916 MLD to the residents on a daily basis. If the record of the hydraulic department is anything to go by, then the supply of water from May 5 till May 10 is between 900 and 916 MLD. Official
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