Properties for Sale in KMB La Palazzo

From its previous ranking of 143 on The Heritage Foundation’s Index of Economic Freedom in 2017, India is placed at the 130th spot this year, a jump of 13 positions. However, reforms undertaken by the government to improve the state of affairs have yet to make the desired impact. Unclear land titles are one of the major challenges India faces today, the report indicates.

To fight the rising air pollution levels across the country, ahead of the Earth Day on April 22, the Centre has launched the National Clean Air Programme. Under the project, state-level committees will be formed that would include scientists and trained professionals who would collect authentic data, form action plan and implement it. All of this will be monitored by an apex committee formed under the environment ministry.

Now land owners can apply for change in land use online on GMDA website. Applicants can upload all the documents online and pay the required fee to submit the form. Once submitted, applicants can track the status of their application. However, applicants need to ensure before applying for the permission if the land lies under the jurisdiction of GMDA or municipal corporation of Gurgaon.

In a move that would further tighten the noose around unscrupulous builders who promise assured returns to buyers and stop payments midway, the National Company Law Appellate Tribunal has ruled that assured returns promised by a developer to a buyer through a proper agreement is financial debt. Buyers can file for an insolvency resolution under the Insolvency and Bankruptcy Code in case the builder fails to honour the agreement.

In a major demolition drive by the Ghaziabad Development Authority, 25 acre of land along the floodplain has been freed. The land on which these construction activities had been going on is designated as floodplains in the GDA Master Plan 2021. No construction activity is permitted in this area. The total value of the land, say officials, could be between Rs 70-75 crore.