The UT Administrative Council of J&K headed by Lt. Governor has approved the transfer of 2,318 kanal (289.75 acres), eight Marla (2,178.008 sq. ft.) in seven villages in 17 locations in Srinagar and Budgam district.
The land has been transferred to Housing and Urban Development Department for the constructing of free homes to meet the increased demand of the underprivileged people. This step will boost the housing sector also. L G Sinha approved the transfer “to meet the increased appetite for housing in Srinagar city and give a push to the housing sector”, a government spokesman said.
This step of the govt. will play a vital role in promoting economic, cultural and industrial growth of the State. “It will provide direct employment to skilled, unskilled labour as well as indirect employment to local vendors and youth, besides ensuring the development of local areas to meet the rising housing demand,” the spokesman said.
The regulator determined that the project was ongoing when the real estate law came into…
Due Diligence Before Purchasing Property, Due diligence is an essential step in any real estate…
This follows a SEBI order on November 4 directing Embassy REIT to suspend Aravind Maiya…
Previously, Macrotech also acquired real estate firm Ivanhoe Cambridge's stake in the three entities, aligning…
LEED (Leadership in Energy and Environmental Design) certification has become a prestigious standard in the…
From January to September 2024, QIP issuances across all sectors totaled ₹75,923 crore, with real…
This website uses cookies.