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Urban Planning

Bigger houses near Metro, Brt corridors

Tuesday, 10 August 2010 06:38 administrator
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Hindustan Times  10.08.2010

Bigger houses near Metro, Brt corridors

The Delhi government has recommended the Union Urban Development Ministry to let property owners increase the floor area ratio (FAR) in localities close to the mass rapid transit system (MRTS) — metro and Bus Rapid Transit — corridors from the existing 350 per cent to 400 per cent. Delhi Urban

Development Minister Ashok Kumar Walia said the government now wants the areas being catered by metro and BRT to developed as “new focus areas”.

“We want new residential pockets and bigger commercial areas to come up in areas that are either being catered by metro or will have metro soon. We have recommended a higher FAR of 500 metres on either side of the BRT or the metro line,” Walia said.

Walia said the centre government was finalising the Special Areas Provision Act and had asked Delhi for its suggestions.

A special committee of officials from the Delhi Development Authority, Municipal Corporation of Delhi, Urban Development Department and other such agencies was formed to survey Delhi. The panel came up with this suggestion.

The Delhi Cabinet on Monday approved the recommendations of the committee, which will now be sent to the centre government for approval.

Last Updated on Tuesday, 10 August 2010 06:41
 

MMRDA to survey development growth in MMR region

Tuesday, 10 August 2010 06:30 administrator
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Hindustan Times  10.08.2010

MMRDA to survey development growth in MMR region

The Mumbai Metropolitan Region Development Authority is planning to commission a survey to collect social and economic data on the Mumbai Metropolitan Region (MMR). The authority will form a core committee for generating the report that will focus on finding details such as life expectancy at

birth, education and literacy and purchasing power parity in the MMR.

"This survey will help assess ground realities, formulate programmes with a human face and achieve sustainable and balanced growth in all areas of the region," Metropolitan Commissioner Ratnakar Gaikwad said. MMR is the area comprising the metropolis of Mumbai and its satellite towns. Developing over a period of 20 years, it consists of seven municipal corporations and 15 smaller municipal councils.
 
In 2009, the municipal corporation had published a human development report for Mumbai.

Last Updated on Tuesday, 10 August 2010 06:32
 

Registration of flats, plots gets expensive

Wednesday, 04 August 2010 08:17 administrator
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The New Indian Express 04.08.2010

Registration of flats, plots gets expensive

HYDERABAD: Registration of a new apartment or a piece of land will be more expensive from this month as the revised market value of lands came into force from August 1. Though the State government decreased the stamp duty to a uniform five percent across the State, the decision to increase the market value of assets is expected to nullify the gain on stamp duty and even lead to an additional burden.

Earlier, the State government collected 9.5 percent of the market value of land towards registration charges across the State. This included stamp duty (7 percent in urban and 6 percent in rural areas), taxes collected by local bodies (2 percent in urban and 3 percent in rural areas) and 0.5 percent transfer charges. Following the Centre's orders to fix the stamp duty at a uniform 5 percent across the State, the government brought down the registration charges to 7.5 percent in urban areas and 8.5 in rural areas.

As per the new norms, the market value of land is fixed uniformly for an entire area by a committee headed by the district joint collector. Unlike earlier, when separate market values were fixed for plots/apartments located in different places in the same area, now the committee will consider a ward or a division as a unit and fix a uniform market value for it. Sources said all joint collectors were reportedly asked to fix market values so as to compensate the revenue loss due to the stamp duty cut. The registration charges for apartments will be fixed on per square foot basis on the market value of the apartment. Earlier, the registration charges were collected based only on land value. The committee will now consider both land and construction costs before fixing registration charges.

Though officials claim the changes in registration charges were meant to simplify the complicated procedure, it is alleged that the revision of market values is only aimed at compensating the loss of about Rs 650 crore to the exchequer on account of stamp duty reduction.

Last Updated on Wednesday, 04 August 2010 08:20
 
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