General Development Control Regulations News Today

The Ahmedabad Municipal Corporation (AMC) has prepared a ‘GreenBlueYellow Roof’ (GBY Roof) incentive scheme to encourage owners of independent houses, like a rowhouse, bungalow, or tenement, to adopt eco-friendly practices.

The revised development plan of the riverfront, which now spans 19.74 lakh square metres, is 75,000 square metres less than the original plan.

AMC officials said they visited the site after the accident and found that no safety measures had been put in place by the company.

The refunds ideally are to be collected by the builders only if they show to the site inspecting officers of the AMC that tree plantations have survived at the site.

GIFT City has a multi-service Special Economic Zone (SEZ) housing the country's first International Financial Services Centre (IFSC) that provides corporations with easier access to global financial markets and caters to the requirements of international financial services.

What is a municipal bond? A municipal bond is a kind of debt instrument where investors offer loans to local governments. They are issued by civic bodies for specific projects and usually have a 10-year tenure. The ULB pays the annual interest on the bonds to the investor at the decided rate. The difference between a bank loan and a municipal bond is that any institution can secure a bond only if it has favourable credit ratings. The bond helps raise funds from the stock market. The bond also i...