#RealtyNewsRoundup: Plan In The Works To Decongest Delhi's Ring Road
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Description
The Public Works Department is working on a proposal to construct an elevated corridor between the Signature Bridge near Wazirabad and the DND Flyway in a bid to decongest the Ring Road and the Outer Ring Road. The corridor is likely to be 12-13-km long, and will be constructed by the PWD in a phased manner.
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After the success of the Smart City Challenge, the Centre is ready to introduce a similar technology competition to give fillip to the Housing for All programme. The competition – to be called the Housing Challenge — would be conducted by states to choose the best and most cost-effective technology for affordable housing projects.
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The Pune Metropolitan Region Development Authority (PMRDA) has seen 25 per cent of the ongoing projects in its limits not registering with the MahaRERA within the July-31 deadline. As many as 1,500 ongoing projects in the PMRDA limits had applied for registration with the regulator and 365 have already received the certificates.
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China-based developer Country Garden is close to sealing a deal with TVH, a Chennai-based developer, to buy a 60-ground land parcel at Kotturpuram. TVH bought the land parcel in 2009 for Rs 120 crore.
Source: Media reports