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State-Run NBCC to Build Affordable HomesWhile plans are underway to get on-board the National Building Construction Corporation to efficiently manage seized properties of defaulters, the state-run firm has also unveiled its plan to lend a helping hand to the government in meeting its housing-for-all-by-2022 target. Media reports say the NBCC plans to build over one lakh affordable housing units across major states of the country in the next five years. The total cost of carrying out the project is pegged at Rs 10,000 crore. The company might start work on such projects this year itself.
Delhi Grapples Amid Redevelopment, Pollution; EnviroA recent decision by the Delhi government, where the Forest Department had allowed the felling of about 17,000 full-grown trees as part of the redevelopment of central government housing projects in south Delhi, has sparked protests from citizens, activists and environmentalists. Although the Ministry of Housing and Urban Affairs (MoHUA) has stated that ‘compensatory plantation’ of trees is being carried out in a ratio of 1:10, many environmentalists are not convinced as the saplings planted at a different location cannot substitute the huge tree cover which would be cleared away.
Follow Construction Norms or Face Action: Noida TellAs concerns on rising pollution levels in the periphery deepened, the Union environment ministry asked authorities in the NCR to follow construction norms. However, it is found that government agencies themselves are failing to do that.
Festive Season Begins; Realty May Bounce Back With AHere are some of special offers you can avail of this festive season.
5 Model Initiatives Delhi Is Looking Forward ToFrom redevelopment programmes to improving connectivity, the national capital is becoming the hotbed of many a development work.