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Civic Issues

Cf 18

No Compulsion to Pay Full Stamp Duty on Gujarat Jantri Rates

The Gujarat High Court (HC) gave an important judgement a few days back that registration of property cannot be made mandatory only on payment of the complete stamp duty according to Jantri rates. As per the ruling, paying 5% stamp duty on ready reckoner prices will no longer be a deterrent for registering a property. […]

karthik.k

FDI

FDI in real estate takes a dip by 60%

Ever since 2005 when FDI in real estate was allowed up to 100%, the Indian real estate Industry has been on a roller coaster ride.Consequent to the government’s nod,  to give vent to FDI into the realty sector, development and investment activities in the country has hit an all time high. However, the recent FDI […]

Renegotiation clause to Revive Stalled PPP projects

In a bid to revive private participation in infrastructure development and thereby resurrect many major infra projects, the government is contemplating to introduce an important clause in Public-Private Partnership (PPP) projects that will enable the renegotiation of contracts. With this objective in mind, the Planning Commission has proposed the introduction of a provision to enable […]

ranjan.j

500 new buses to increase PMPML fleet to 1500

Procurement of 500 buses under Jawaharlal Nehru National Urban Renewal Mission (JNNURM) by the Pune Mahanagar Parivahan Mahamandal Limited(PMPML), was approved by the Union government on Thursday. The move would help in bolstering the public transport system in the city. On Thursday, a meeting was held between the JNNURM officials and the stakeholders, during which […]

Government set to introduce road index to check cost hikes

The Government of India is planning to come up with a new road sector index in order to fair evaluation of cost escalation faced by the road developers. What is an index? Index, is basically, a statistical measure of change in a particular market or a portion of it. Every index has different calculation methodology. […]

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