PUNJAB URBAN PLANNING AND DEVELOPMENT AUTHORITY
Redevelopment projects: 8 common mistakes housing societies make when embarking on redevelopment, how to avoid it
The lure of new, modern flats can land ageing housing societies in big trouble. Find out how to avoid it.
Few cities have effective heat action plans: Report
Cities lack heatwave preparedness, with limited resources allocated to mitigate extreme heat impact. Recommendations include redefining heat waves based on 'feels like' temperature and setting new warm night thresholds. Implementing local thresholds for early warning systems, considering factors like the urban heat island effect, is crucial to combat escalating heatwave challenges and prevent heat-related deaths.
Centre monetizes assets worth Rs 3.85 lakh crore; Coal and Roads ministry top contributors
The government has monetized Rs 3.85 lakh crore through core assets of various ministries and Public Sector Enterprises (PSEs) since FY22 under the National Monetisation Pipeline (NMP). In FY23-24, against a target of Rs 1.8 lakh crore, the government achieved Rs 1.56 lakh crore, with top-performing ministries being Road Transport and Highways and Coal, collectively monetizing Rs 97,000 crore.
India's air taxi plan gets going, work begins towards 2026 take-off; fares to be only slightly higher than Uber's?
In a game changer for urban mobility in India, aviation authorities have set a keenly-watched air taxi plan in motion. US manufacturer Archer has been onboarded for the big project and a 2026 start is being eyed by the DGCA. A major good news is that the service is unlikely to burn a hole in the traveller's pocket.
Lok Sabha elections: What the new govt's road-ahead might look like
Vote counting is scheduled for June 4, and analysts anticipate Prime Minister Narendra Modi securing a third consecutive term.
Mygate enters insurance distribution business, partners with Acko
Mygate app, in partnership with Acko General Insurance, received an aggregator licence from IRDAI to distribute insurance policies, offering exclusive pricing and expanding product range.
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Urbanisation led to 60% more night-time warming in Indian cities than non-urban areas: Study
A study by IIT Bhubaneswar found that urbanization has led to 60% more night-time warming in over 140 Indian cities compared to surrounding non-urban areas. Cities like Ahmedabad, Jaipur, and Rajkot were most affected, with Delhi-NCR and Pune also experiencing significant warming. The urban heat island effect, where concrete and asphalt store and release heat, is the main cause. T
Delhi's outdoor workers, low-income households bear brunt of deadly heat
Delhi faces extreme heat due to climate change, impacting outdoor workers, low-income communities, and informal houses. Heat action plans lack adjustments like school timings, water use suspension, and power supply to health facilities. Met office issued a red alert for increased heat-related illnesses risk during elections. Delhi experienced a temperature breach of 49°C during last year's heatwave.
Cruel Summer: Rethinking how to live, work in a world that is getting warmer
As this year’s summer, with its extended heat waves and record temperatures, warns, how to adapt to a warmer world is no longer a hypothetical question. A new study by World Weather Attribution says climate change has made a 30-day heat wave in South Asia 45 times more likely and 0.85o C hotter. Experts say we need to rethink the kind of houses we live in and offices we construct, how we grow our crops and the way we look at the impact of heat on our bodies, even as we tackle reducing the use of fossil fuels.
Bhumika group to develop 3 lakh sq ft of retail space with government
Bhumika Group, Rajasthan's largest mall developer, expanding retail spaces in NCR. Urban Square Mall in Udaipur fully occupied with top brands. Second phase launch imminent, reflecting strong industry credibility and financial stability.
Indian startup The ePlane to develop electric air taxi prototype by March 2025
The ePlane Company, from IIT Madras, aims to develop a flying electric taxi prototype by March, along with drones commercialization and eVTOL aircraft to alleviate urban congestion. InterGlobe Enterprises and Archer Aviation plan an all-electric air taxi service in India.
Macquarie, Canada Pension are among bidders on India road assets
The assets, with an enterprise value of $1 billion, are part of the National Investment & Infrastructure Fund’s roads platform known as Athaang Infrastructure, they added. Athaang’s portfolio consists of five stretches of highways, including toll roads, running a combined 230 kilometers (143 miles) across India, according to the firm’s website.
Punjab cabinet approves new excise policy, aims at over Rs 10,000-Cr collections
The Punjab cabinet approved an excise policy to generate over Rs 10,000 crore from liquor sales. Colonisers can pay development charges in instalments. The One-Time Settlement scheme for tax arrears was extended. 1,390 medical officer posts will be created.
China says economy got a strong start in 2024, sets sights on latest technology, upgrading factories
China has the potential to achieve its annual economic growth target of about 5%, according to top officials. Exports rose by 10% in the first two months of 2023, and medium- and long-term loans from banks jumped more than 30%. The priority will be on supporting scientific and technological innovation, integrated development of urban and rural regions, food security, and energy security.
Manipur CM N. Biren Singh unveils Rs. 58 crore Alternate Housing Complex at Langol
Manipur Chief Minister N. Biren Singh inaugurated the Alternate Housing Complex at National Games Village, Langol. Constructed at the cost of around Rs. 58 crores, the complex witnessed positive changes in development despite challenges like COVID pandemic.
Stilt parking now mandatory for all Ghaziabad buildings
Ghaziabad's stilt parking rule aims to reduce congestion: The revisions now mandate the provision of stilt parking for all types of houses, without accounting for it in the calculation of the purchasable floor area ratio (FAR). Instead, stilt parking will be considered part of the building's height.
MahaRERA takes suo moto action against developers selling plots sans registration
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has taken action against developers selling non-agricultural plots without registering with the authority. Show cause notices have been issued to 41 developers in Maharashtra. Registration with MahaRERA is mandatory for selling plots, flats, or buildings. Majority of the violating projects are from Pune, followed by Konkan and Nagpur regions.
India aspires to a $5 trillion economy. It must factor the environment cost
The concept of green GDP, which takes into account the environmental costs of production, is crucial in assessing the true value of goods and services. Factoring in environmental costs would lead to more sustainable production methods and a reevaluation of economic growth models.
Future-proofing the cities: A glimpse into future of urban development
India's urban narrative is marked by a significant demographic shift. With United Nations projections indicating that nearly half of India's population will reside in urban areas by 2047.
ET explainer: TDRs, tool for structured, planned urban growth
The concept of TDRs originated in New York City in the early 1960s. While it has been utilized worldwide since then, it has garnered increased attention, particularly in major Indian cities over the past few decades. This surge in interest is driven by the necessity for organized development to prevent unplanned and chaotic urban growth. The concept evolved as a way to compensate property owners for development limitations in one location by providing them with the option to transfer their development rights to another location where additional development was encouraged.
Hyderabad Authorities developing early warning system for flood with the help of IIT
Hyderabad Municipal Corporation's Enforcement Vigilance & Disaster Management (EVDM) wing, in collaboration with IIT-Hyderabad, is developing an urban flood early warning system. The system aims to prevent loss of lives and enable early evacuation during heavy rainfall in the city. By analyzing rainfall data from the past two decades, the system will identify flood-prone areas.
GIFT City development plan for expansion to 3,300 acres with social infra in final stages
The Gujarat International Finance Tec-City (GIFT) is set to expand to over 3,300 acres and incorporate social infrastructure from 886 acres. The second phase development plan, which includes town planning schemes, is expected to be unveiled after the state government's review and public feedback. The plan aims to make GIFT City a global financial activity hub, with PM Modi highlighting the city's vision to be the nerve centre of a new age of global finance.
MHADA reduces interest on delayed payments of development charges to 12%
The decision comes into effect following the directions issued by Maharashtra's Deputy Chief Minister Devendra Fadnavis. The minister had recently, at a NAREDCO conference, voiced concern over the level of interest charged by the state government's housing body from realty developers and had stated the need to lower the same to bring it at par with that of the Municipal Corporation of Greater Mumbai (MCGM).
Road map in the works to ease Delhi, Bengaluru traffic
The Indian government is developing a multi-modal transport infrastructure plan to alleviate traffic congestion in Bengaluru and New Delhi. The plan, being prepared by the Department for Promotion of Industry and Internal Trade in collaboration with the German Agency for International Cooperation, will consider both passenger and goods transport as demand. Other cities will be able to adopt this plan, and it will also address improving passenger and goods movement to and from railway stations.
Urban Flood Info System: IIT developing tech to mitigate catastrophic urban flooding
Researchers at IIT-Hyderabad are working on an Urban Flood Information System (UFIS) to reduce the impact of urban flooding in Hyderabad. The team aims to collect and analyze flood-related data, simulate rainfall, study flood depth and extent, and develop solutions for policymakers and stakeholders. UFIS integrates meteorological, hydrological, and stakeholder-relevant aspects to enhance flood awareness and minimize the impact of floods.
Omaxe Group acquires 5-acre land in Ludhiana from RLDA for Rs 220 crore
Real estate company Omaxe Group has acquired a parcel of land spanning over 5 acres in Ludhiana, Punjab, for a total of Rs 220 crore. According to Omaxe, the acquisition was made through a competitive bidding process organized by the Rail Land Development Authority (RLDA).
Modi to inaugurate biggest housing project for economically weak sections in Maha's Solapur next month
Prime Minister Narendra Modi is set to inaugurate the largest housing project for economically weaker sections in Solapur, Maharashtra next month. The project spans 100 acres and consists of 30,000 homes, with 15,000 already constructed. Each house is 300 square feet and costs Rs 6 lakh for eligible beneficiaries with an annual income of less than Rs 3 lakh.
MoHUA panel recommends national authority on urban planning, modernising state town planning acts
Replying to a written question in Rajya Sabha, Union Minister of State for Housing and Urban Affairs Kaushal Kishore said the committee, constituted by the Ministry of Housing and Urban Affairs (MoHUA) in March 2022, has also recommended a national level service for urban planning in its report submitted in April this year.
Draft Master Plan for Delhi-2041 likely to be notified by March-end
"The DDA has already approved the draft Master Plan and we are in the process of sending it to the Ministry of Housing and Urban Affairs. We are hopeful that the ministry will approve it by the end of this month or by early April, following which it will be notified," said an official.
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