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The Government of India has commenced ground work for the construction of the new parliament building and central secretariat in Phase-1 of the project to redevelop New Delhi’s central vista. The Centre is expected to finalise the tender documents for all three projects in the next few days, following which the tenders will be floated for bidding
Rajya Sabha passing the Goods and Services Tax (GST) Bill has brought good news for the real estate sector. While one is yet to see if GST will be a game changer for the sector, CW has recorded different reactions from industry experts on the same.
The Central Government has managed to push through an amended Land Acquisition Bill in Lok Sabha.This Bill is an amended version of the original Bill that was passed by the UPA government.
"We welcome the passage of the Real Estate (Regulation and Development) Bill in Rajya Sabha that aims to bring in transparency and protect the interest of the consumers.
The Real Estate (Regulation and Development) Bill has been passed by the Rajya Sabha. The Bill had been introduced by the earlier government in 2013. The first draft had been rejected last year by the Rajya Sabha, with Opposition leaders saying it favoured developers and did not serve the interests of consumers.
Every state will get to develop at least one Smart City under the central government’s initiative of developing 100 smart cities, assured Urban Development Minister M.Venkaiah Naidu in Rajya Sabha.
Union Minister of State for Civil Aviation, KC Venugopal told the Rajya Sabha on December 10 that the government has constantly been responding to changing scenario and undertaking sector-specific measures to facilitate and enable growth of the civil aviation sector.
Under the Urban Infrastructure and Governance (UIG) of the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), Gujarat was given Rs 2,578.81 crore between 2005 and 2012, This was over 8 per cent of the total allocation of Rs 31,500 crore, said the Union Minister of State for Urban Development Deepa Dasmunshi in the Rajya Sabha recently.
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