Property in Nalgonda

A recent report published by Greenpeace India listed 280 Indian cities ranked according to their particulate matter (PM10) levels. Among many cities in north India which have dangerously high PM10 levels, the national capital was at the top spot. Hassan in Karnataka has consistently appeared among the least polluted cities in India with a PM10 level of 26 microgram per cubic metre (µg/m3). Few cities in Kerala, Telangana, Tamil Nadu, Odisha, West Bengal, Meghalaya and Chhattisgarh managed to scrape through with PM10 levels lower than the annual permissible concentration of 60 µg/m3 set under the National Ambient Air Quality Standards (NAAQS).

The state government plans to construct 2.60 lakh homes for the underprivileged.

Through an order in 2011, the Supreme Court held that transferring property title through a general power of attorney was not valid. The top court directed municipal bodies not to register/mutate properties based on these documents. Following the order, states banned the registration of properties sold through GPA. The SC, however, said that genuine transactions carried out through GPA would be valid. In light of this, should you be entering property transactions that involve sale through power of attorney? Let us find out.

National Building Construction Company (NBCC) is now planning to buy insolvency-hit Jaypee Infratech, a move that would help the public company to acquire land parcels in tony localities, Taj Expressway and Japyee Hospitals. NBCC will be competing with other construction majors, including L&T, Suraksha Asset Restructuring Company, Kotak group and ICUBE, which have shown interest in buying Jaypee Infratech, the sister concern of Jaiprakash Associates Limited (JAL). This is the second time process is on to acquire the insolvency-hit realtor.

In a report by global consultancy and research firm Centre for Asia Pacific Aviation (CAPA), India's aviation industry will become the third-largest market in the world with regards to departures by 2019, and job creation by 2027. The report also focuses on the apparent saturation likely in existing airports in metro cities and the need to deploy more capacity in Tier-II cities. To welcome the new flyers, the government is developing 100 airports across various locations in the country.