+
Himachal Pradesh Development Corporation plans land-pool policy
Real Estate

Himachal Pradesh Development Corporation plans land-pool policy

Himachal Pradesh Urban Development Authority (Himuda) is considering implementing a land-pooling policy. It has purchased 1,731 bigha of land in the state for Rs.1.56 bn and will now develop it to generate revenue rather than purchasing more. It proposes to develop and market projects on the la...

Himachal Pradesh Urban Development Authority (Himuda) is considering implementing a land-pooling policy. It has purchased 1,731 bigha of land in the state for Rs.1.56 bn and will now develop it to generate revenue rather than purchasing more. It proposes to develop and market projects on the land of willing private owners without actually acquiring the land. According to the minister, Himuda will follow new procedures in the future when purchasing land. It has approached industries and the horticulture department about leasing large swaths of land, as well as planning a one-stop shop for allottees and other stakeholders.

Related Stories

Gold Stories

Next Story
Real Estate

We engineer the way architecture gets built

DALBIR SINGH, Founder, HAACE, on the company’s bespoke approach to translating ambitious architecture into precisely engineered and executed structures.What does bespoke construction mean to HAACE, and how is it different from conventional contracting?For HAACE, bespoke construction means choosing the construction methodology around the design rather than forcing the design into a standard template. Every project is studied around its architectural intent, structural requirements and execution challenges. We deliberately take on a limited number of projects because this approach demands atte..

Next Story
Real Estate

Kamdhenu Realities acquires 4-acre Navi Mumbai land parcel

Kamdhenu Realities has acquired a 4-acre land parcel from RPG Life Sciences on Thane-Belapur Road for approximately Rs 1.5 billion, expanding its commercial real estate portfolio in Navi Mumbai.The parcel has a total developable potential of 1.8 million sq ft, on which Kamdhenu plans to develop a destination-scale commercial and lifestyle ecosystem. The proposed development will combine corporate office suites with high-street retail, F&B outlets, double-height lobbies, business infrastructure and lifestyle amenities.Located close to IKEA and opposite the upcoming Pawane Railway Station, t..

Next Story
Infrastructure Transport

97 Per Cent Of Rongjeng-Mangsang-Adokgre Road Nears Completion

Deputy Chief Minister in-charge of public works Prestone Tynsong said in Shillong on 26 August that 97 per cent physical progress had been achieved on the ongoing Rongjeng-Mangsang-Adokgre road being constructed under the Non-Lapsable Central Pool of Resources (NLCPR). He noted the project was sanctioned in 2017 and that the stipulated time for completion had been 24 months from issue of the final work order. The deputy chief minister informed the assembly that the government had decided to include the remaining work under a World Bank project. In reply to a query from Rongjeng MLA Jim M Sangm..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code