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Centre asks states to follow Gujarat model for recovery of dues in case builder defies RERA orders, ET RealEstate

The housing ministry advises state governments to follow the Gujarat model for effective recovery of dues from non-compliant builders. Gujarat Rera has appointed officers for execution of recovery warrant orders and has issued proceedings for attachment of property. The ministry also suggests designating additional district magistrates as revenue recovery officers.
Tamil Nadu Abhay Upadhyay Abrar Ahmed Manoj Joshi Representative Image Real Estate Regulatory Authorities

₹239cr allotted for second phase of Kochi Metro rail, Real Estate News, ET RealEstate

Finance minister K N Balagopal has allocated โ‚น239 crore for the second phase of Kochi Metro rail in the budget speech. The allocation will fuel land acquisition and other preliminary works. The budget also includes allocations for various ongoing projects in Kochi.
Kochi Metro Cochin Cancer Research Centre India Innovation Centre For Graphene Ministry Of Electronics Tata Steel Museum Cultural

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Gujarat man files FIR against himself after wife dies in car crash while he tried to save stray dog

According to a report by Times of India, the man has been identified as Paresh Doshi, a teacher hailing from Gujaratโ€™s Narmada district. He was returning with his wife Amrita after offering prayers at the Ambaji Temple when the accident occurred.
Ambaji Temple Paresh Doshi Daan Mahudi Representative Image Suka Amba Narmada District

Joint Development Agreements: Land prices surge in urban centres as builders turn to joint development, ET RealEstate

Real estate developers in Bengaluru are increasingly using Joint Development Agreements (JDAs) with landowners due to surging land prices. JDAs allow developers to access prime locations without upfront costs and landowners to monetise their land without losing ownership rights. According to a report by Meraqi, around 70% of real estate assets in Bengaluru have been developed through JDAs.
Tamil Nadu Andhra Pradesh West Bengal Sunil Pareek Pavitra Shankar Dhara Shah

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