Karia Developers

Following a fire in Deonar dumping ground in 2016, the Mumbai High Court had banned new constructions and asked the Brihanmumbai Municipal Corporation (BMC) to devise a debris management plan. The BMC has now asked the developers to submit a debris dumping plan before the authority for seeking No-Objection Certificate (NOC) for construction. The developers will be required to identify a dumping site before starting the construction which will be inspected by the BMC and mentioned in the Intimation of Disapproval Certificate (IOD). Builders who generate small quantities of debris are exempted from this new rule.

After a meeting which was attended by real estate developers active in the City of Malls on April 12 in Chandigarh, Haryana Chief Minister Manohar Lal Khattar said his government had divided the city into four zones to carry out the development work to achieve that specific target.  The move, the CM claims, has benefited the city -- various projects are under the final stages of completion.

Real estate developers who have not been able to deliver their residential projects in Ghaziabad are staring at touch action. On April 23, Uttar Pradesh Urban Development Minister Suresh Khanna said that legal action would be taken against builders who had failed to deliver while stating that the state government was committed to guard the interest of homebuyers. Khanna is a part of a three-member team that was appointed by Chief Minister Yogi Adityanath last year to resolve the issues of homebuyers in the twin cities of Noida and Ghaziabad.

To fasten the process of cleaning of sewers and better dumping facility of silt, the Delhi Development Authority (DDA) has picked up a 7.5-acre land in Narela to be used as silt dumping site. Although the area falls under the jurisdiction of the North Delhi Municipal Corporation, the site will be managed by the east Delhi municipal authority.

In a record of sorts, the Brihanmumbai Municipal Corporation (BMC) has collected Rs 5,150 crore as property tax in the financial year 2017-18. While the civic body has earned Rs 300 crore more when compared to the last fiscal, this is the highest amount it has recovered as property tax ever. However, against its target to earn ₹5,402 crore, the BMC has fallen short. After development charges that real estate developers pay to the BMC, property tax is the highest source of income for the civic body.