Shakti Nagar Property

The Ministry of Urban Development (MoUD) and the National Buildings Construction Corporation Limited will be redeveloping seven government colonies in Delhi, including popular shopping destination of Sarojini Nagar. The project will be undertaken in a phased manner and completed in five years.

According to the Greater Hyderabad Municipal Corporation, of the 22 lakh houses under its jurisdiction, over 50 per cent have building-plan deviation. These irregularities are choking the city resources and are causing a risk to the lives of those occupying and those living in the vicinity.

The Centre has given its approval for the Metro projects, worth Rs 14,000 crore, to be built in these two cities. The projects will be ready to roll in the next four years.

The Ghaziabad Municipal Corporation is planning to levy 12 per cent interest on defaulted payments of house, water and drainage taxes.

Diya Green City is an under-construction housing project, approved under Uttar Pradesh Affordable Housing Policy, offering around 1600 units in various categories. The EWS and LIG units will be allotted through lucky draw while MIG and HIG units will be allotted directly.