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Real Estate Forum on Development Authority

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: The situation is not good enough in bigger cities like Lucknow and Agra where the land bank has reduced to 35 and 80 hectares, respectively.
Latest Answer: Records also showing that many development authorities were given a target varying between 250 to 5 hectares of land abd except for Ghaziabad which acquired 7.78 hectares Allahabad - 0.06 hectares, Faizabad -1.45 hectares, Hapur-Pilkhua - 0.66 hectares and Orai - 1.37 hectares none of the other DAs could get a dot of land.
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Q: According to Noida Authority , several developers and development authority of UP have become defaulters owing 20,000Cr in dues to authority.
Latest Answer: Hey Guys, Agra Development Authority had taken a loan of Rs 100 crore from Noida at an interest rate of 6%/annum, it has officially paid back Rs 75 crore. Yet, both the GNIDA and the UPSIDC have neglected to pay any installments, so they will be issued notification. YEIDA has been paying its interest on time, so no notification will be served to it.
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Q: The Millennium City frequently is by all accounts at loggerheads with itself, always tormented by an absence of administration as offices advantageously pass the buck.
Latest Answer: Hi Nithin, As per sources, according to Col. Prithvi Nath, secretary, Real Estate Development Council (REDCO) of Haryana, the conclave's organisers, this meeting will be held following three months to survey the advancement. All great developers ought to altogether remain against the manufacturers who are doing incorrectly and blacklist them by making associate weight. Today, a large portion of the developers are not wrong yet few wrongdoers have insulted the picture of the great work of the manufacturers.
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Q: DDA is set for a revamp from its present role as a developer to that of a regulator or facilitator.
Latest Answer: Hi All, The board will hold examinations with all the partners in order to propose the best conceivable urban planning and development methods to empower the national capital rise as a world class city through improved speculations, the discharge said. The panel will present its draft report in three months.
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Q: can anyone share detailed information about DDA Housing Scheme 2014
Latest Answer: Hi Raj, According to me, DDA is about to this e-auction for first time. As per DDA officials , sufficient time will be given to the bidders to register for this e-auction. In year 2009, CWG flats were around 11,000/sq-ft. But authority sold these for 22,000/sq-ft. So it is expected that as the reserve price is around 7crore, the final price will be much more.
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Q: What are the areas identified by Bhubaneswar Development Authority under mixed land use policy?

Latest Answer: According to sources, The areas identified by the civic body officials are Bapujinagar, Ashok Nagar, Satya Nagar, Saheed Nagar, Jaydev Vihar to Ekamrakanan and Cuttack Road.
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