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Showing posts with label realty news. Show all posts
Showing posts with label realty news. Show all posts

Tuesday, 4 March 2014

Redevelopment of old building in civic area part of cluster scheme’


NAVI MUMBAI: Thane guardian minister and MLA Ganesh Naik clarified at a press meet on Saturday in Vashi that the cluster development plan, approved by the state legislative assembly on Friday, also includes the redevelopment of dilapidated buildings in the Navi Mumbai Municipal Corporation’s (NMMC) jurisdiction.
The state legislative assembly had cleared the decks for cluster redevelopment in Thane and redevelopment plans for 22,000 houses in 95 gaothans in Navi Mumbai, both with 4 FSI (floor space index).
Naik said, “The cluster development plan approved by the state government is not mandatory for the residents. But those who are unwilling to undertake the project of dilapidated residential buildings shall be held responsible for any untoward incident of building collapse and loss of life.”
Questioned about the timeframe of the project, Naik responded that cluster development will take place in a ‘phased manner’ and will be a ‘time-consuming process’, as all residents need to be taken into confidence.
Speaking about the need for the project, Naik said that the haphazard construction of houses by PAPs in NMMC areas has resulted in a mess.
He cited the example of Juhugaon in Vashi , where there are problems like extension of storm water drains, water pipelines and laying electric cables. To read more please visit - indianrealtynews.com

Friday, 21 February 2014

Indians most active buyers of Dubai property

Dubai: Indians have topped the list of Dubai's most active real estate buyers as they view the city in the same league as London, according to a survey.

The relative geographic proximity to India and the large non-resident Indian population in the region are two further critical drivers for those looking to park their Rupees in Dubai's real estate market, according to real estate consultancy Cluttons.

"Unsurprisingly, Indian nationals topped the list of the city's most active buyers, with Dubai often viewed in the same league as London by this group," Faisal Durrani, Associate residential and international research at Cluttons, said. To read more please visit - zeenews.com

BMC puts onus of structural stability on builders, makes approvals more stringent


In a bid to shift the onus of structural stability of a building on developers, Municipal Commissioner Sitaram Kunte has made building proposal approvals more stringent. Builders will now have to ensure that precautionary measures are in place during designing, construction and maintenance of a proposed building.
“Building proposals will be approved if all underground structural members are designed considering the effect of chlorinated water, sulphur water, seepage water… Due care while constructing the same should be taken and a completion certificate shall be insisted on before granting further certificate of commencement (CC) beyond the plinth from the licensed structural engineers,” says a February 4, 2014, circular issued by the office of municipal commissioner.
Civic officials said the “chances of building collapses often increase as the foundation of a structure is not as per the required structural stability measures. Underground water from drains might corrode the reinforced cement concrete (RCC) beams, which is the foundation of a building”. To read more please visit - indianrealtynews.com

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