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Latest RE News - Bihar

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  • #61

    #61

    Re : Latest RE News - Bihar

    Bihar yet to provide land for ex-servicemen's housing scheme

    Welfare schemes for Army personnel is still a far cry in Bihar, said All India Ex-Services League former vice-president Col (retd) V K Singh.Kumod Verma | TNN | January 26, 2017, 13:00 IST

    PATNA: Bihar is the second state after Uttar Pradesh known for its contribution to the armed forces from the recruitment ratio point of view. However, welfare schemes for Army personnel is still a far cry in Bihar, said All India Ex-Services League former vice-president Col (retd) V K Singh.

    Singh said while all other states have provided land to Army Welfare Housing Organisation (AWHO) to develop housing colony for defence personnel, Bihar is the only state which is lagging behind others in this regard. “As a result, most of the Army officials prefer to settle in other states after their retirement,” he said, adding that about 1,000 retired army officials have so far settled outside the state.

    Singh said at least 10 acres of land is required for Patna and Gaya each to build housing colony for the retired army officials while land under the ‘Jawan Awas Yojna’ scheme is needed at Ara, Chhapra, Muzaffarpur and Bhagalpur to build houses for the JCO and jawans on priority basis, he said.

    He said Bihar government had assured a delegation of the Army officials to take steps to hand over land to AWHO during the last civil-military liaison meeting held here, but to no avail. About 11.5% of the armed forces below the rank of officers is from Bihar. “Unfortunately, the posts of Zila Kalyan Adhikari have been lying vacant in Bihar as none of the senior rank retired Army officers who have settled outside, are willing to serve the posts,” he said adding several posts of the Army polyclinics are also lying vacant in Bihar.

    Under the new Army policy, AWHO would build defence colony on the land given by the state government. The colony will have facilities like CSD canteen, club, nursery school, parks, walking paths, garden, shops and other amenities on the pattern of defence colony in Delhi, Jaipur, Bangalore, Gurgaon, Chandigarh, Dehradun, Shimla and Goa.

    He said Indian Army is the fourth in the world in terms of numbers of military personnel. However, Bihar has virtually no Army station from military presence point of view while UP has 10 Army stations followed by 7 in West Bengal and 3 in Jharkhand. Bihar urgently needs Army stations or mini cantonments at Ara, Gaya, Motihari, Chhapra and Bhagalpur to take up welfare work of ex-servicemen, he said.








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    • #62

      #62

      Re : Latest RE News - Bihar

      Centre OKs land transfer for airport building expansion

      Piyush Tripathi| TNN | Jan 25, 2017, 02.24 AM IST

      PATNA: The Jayaprakash Narayan International Airport of Patna may soon live up to its billing, to a great extent, as an international airport with the Union cabinet chaired by PM Narendra Modi on Tuesday approving a land transfer proposal for expansion of the airport to handle 30 lakh passengers per annum.

      The proposal pertains to transfer of Airports Authority of India (AAI)’s 11.35 acre of land in Patna’s Aneesabad to the Bihar government in lieu of 13 acres of land near the airport. The land near the airport will be used for construction of a world-class two-storey terminal building and development of other facilities.

      The state government has already okayed the transfer of its land to the AAI.

      The new terminal building will have the arrival area on the ground floor and departure lounge on the first floor. It will also have provision for operating six aerobridges for fliers to board flights from the first floor.

      “The Union cabinet’s nod was essential to commence work. We have begun the bidding process for selection of project management consultant, but the actual construction is likely to commence from July,” airport director R S Lahauria told TOI.

      Though the need for airport terminal expansion was being felt for over a decade, talks for the same gathered steam from April last year when Union civil aviation officials, including secretary R N Choubey, held a meeting with state chief secretary Anjani Kumar Singh at the airport. CM Nitish Kumar gave his approval in July last year.

      The first block of the new building is proposed to be developed over the existing location of state hangar which will be demolished after developing three hangars at the Bihar Flying Club nearby, including two for the state government and one for the flying club. After passenger operations are shifted to the first block, the existing terminal building will be razed to make way for the remaining portions of the new terminal building.

      A meeting of airport users consultative committee is also slated to be held at the airport on Wednesday in this regard.

      According to Lahauria, meanwhile, a proposal was also sent recently to the state government, requesting it to make available the land on the airport’s eastern side (towards the Chitkohra ROB) for extension of the runway. Against the length of 2,286m, only 1,954m remains available for flights take-offs because of location constraints.






      http://timesofindia.indiatimes.com/c...w/56766317.cms
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      • #63

        #63

        Re : Latest RE News - Bihar

        Decks cleared for fine if trash dumped on roads

        TNN | Jan 29, 2017, 02.00 AM IST


        PATNA: Decks have been cleared to impose fine on people for dumping garbage on roads and other public places in Patna.

        The Patna Municipal Corporation (PMC)'s Empowered Standing Committee had taken a decision to the effect at its meeting on January 10. The proposal was put up before the PMC board members, who approved it on Saturday.

        The board meet also approved the constitution of a task force for each municipal circle for collecting fines. While the PMC's New Capital circle will have a 15-member task force, its remaining three circles will have ten members each to collect fines.

        Sources said Rs 100 would be fined from every household while small shops would be fined Rs 200 for dumping garbage in public places. Big commercial organisations will have to cough up Rs 500 as penalty for the offence.

        The PMC board also okayed a proposal to up the charge for door-to- door garbage collection. Individual households will now have to pay Rs 60 per month whereas hotels and marriage halls will be charged between Rs 3,000 and Rs 5,000. Malls and hospitals having more than 50 beds will have to pay Rs 10,000 per month.

        The board also gave its no-objection certificate to the proposed interstate bus terminal coming up at Bari Pahari.









        http://timesofindia.indiatimes.com/c...w/56839360.cms
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        • #64

          #64

          Re : Latest RE News - Bihar

          ‘Stagnant-hit’ realtors rejoice over ‘infrastructure’ status to housing

          TNN | Updated: Feb 2, 2017, 06.30 AM IST


          PATNA: 'Infrastructure' status to affordable housing and shorter capital gain tax period will provide much-needed momentum to Bihar's stagnant real estate sector, said realtors about the Budget presented in Parliament on Wednesday even as they described it as a potential game changer.

          "Affordable housing is a potential game changer as economically weaker sections and lower income group constitute a large population. Developers working on affordable housing projects will now be eligible for subsidies, tax benefits and access to preferential loan and lower borrowing rates from banks. They will be in a position to pass a lot of these benefits on to buyers," said CREDAI (Confederation of Real Estate Developers' Associations of India)'s honorary secretary Sachin Chandra.

          Capital gain tax period has been reduced from three to two years, which means reduced tax burden for someone who sells a house after two years of purchase. "This will benefit the middle income groups as well as investors. Currently, if a property is sold within three years of buy, the profit is treated as a short-term capital gain and taxed. If the property is sold after three years, it is considered long-term capital gain and taxed less. People would therefore wait for three years for selling a property. However, they can now sell it even after two years," said Builders Association of India (BAI)'s Patna chairman Navendu Thakur.

          The Budget also proposes creation of one crore houses for the poor by 2019 and training to 5 lakh masons by 2022. "States like Bihar face crisis of trained construction manpower. Thus Bihar gets doubly benefited," said Manikant, BAI's former national vice-president.






          http://timesofindia.indiatimes.com/c...w/56923012.cms
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          • #65

            #65

            Re : Latest RE News - Bihar

            Airport expansion: District administration transfers land to AAI

            TNN | Feb 19, 2017, 12.51 PM IST

            PATNA: Decks have been cleared for the expansion of terminal building at the city's Jayaprakash Narayan International Airport as the district administration has transferred 11.5 acres of land of state hangar, IOC depot and Bihar Flying Club to Airports Authority of India (AAI).

            The transferred land will be used for expansion of the airport and construction of a new terminal building with a capacity to accommodate 30 lakh passengers per annum.

            Patna DM Sanjay Kumar Agarwal informed that mutation of the 11.5 acres of land near the airport was done in favour of AAI on Thursday. "As per the agreement between the Centre and the state government, we have transferred 11.5 acres of land of state hangar, IOC depot and Bihar Flying Club to the AAI which can now initiate the work for expansion of the airport terminal building. We have also asked the AAI to soon hand over equivalent land to us as per the agreement made for this transfer," Agarwal told TOI on Saturday.

            Earlier, the Union cabinet on January 24 had given its nod for transfer of 11.35 acres of land to the state government by way of exchanging equivalent land of AAI at Anisabad.

            According to Patna airport director R S Lahauria, formalities related to physical transfer of land will be completed on February 28. "Now that the district administration has completed the formalities for mutation of land, we have decided to hand them over the equivalent land at Anisabad and take possession of the equivalent land in and around the state hangar on February 28," said Lahauria.

            As per the proposed plans, the first block of the new building will be developed over the existing location of the state hangar. First, the state hangar will be shifted next to Bihar Flying Club and three hangars developed — two for the state government and one for the flying club. After development of the new hangars, the existing state hangar will be demolished. Thereafter, the AAI will develop the first section of the new terminal building on that location. Once the first section of the new terminal building is ready, passenger operations will be shifted to it and the existing terminal building completely demolished. Finally, the AAI will commence construction of the remaining portions of the new terminal building.

            Sources claimed that the AAI has already started the bidding process for selection of project management consultant for preparation of the detailed design and drawings for the extended terminal building. The actual construction works is targeted to begin from July.







            http://timesofindia.indiatimes.com/c...w/57226127.cms

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            • #66

              #66

              Re : Latest RE News - Bihar

              Bihar's Bihta emerges as a real estate hotspot

              Office-bearers of Patna chapter of Builders’ Association of India (BAI) have claimed that enquiries have lately come from IT firms from Bengaluru for setting up IT parks at Bihta.TNN | March 08, 2017, 11:30 IST

              PATNA: The recent decision of the Centre and state government to commence commercial flight operation from Bihta airbase has come as a boon for realtors and property buyers eying lucrative deals in the industrial township.

              Office-bearers of Patna chapter of Builders’ Association of India (BAI) have claimed that enquiries have lately come from IT firms from Bengaluru for setting up IT parks at Bihta.

              “We have been approached by a couple of Bengaluru-based IT firms, which are interested in setting up IT parks at Bihta. The firms have said they set up IT parks within a radius of 20km around airports and Bihta would satisfy the criterion for the same. Besides, few big coaching institutes have also made enquiries for setting up residential coaching centres near IIT-Patna in order to tap the demand of students,” said N K Thakur, chairman of Patna chapter of BAI.

              He added the decision of road construction department to develop a dedicated expressway for the Bihta airbase has also added to the demand.

              Real estate experts claimed that Bihta is currently one of the most sought after options for property buyers in and around Patna as it has witnessed the facet of development in the recent years for being an industrial and education hub with advent of institutions like IIT-Patna, ESIC hospital-cum-medical college and a number of factories, including those of Molson Cobra and Hero Cycle.

              Several real estate firms are already working on ambitious residential projects, including mini townships spread over several hectares of land with provisions of basic civic amenities like roads, drainage, streetlights, schools and hospitals.

              “Vast expanses of land have been acquired by big real estate firms in and around Bihta in the past few years for executing ambitious realty projects. People started booking plots in big projects such as those related to township development from early 2000 and such projects are now taking final shape. The latest decision of commencing commercial flight operations from Bihta airbase is definitely going to act as a fillip for further real estate development there,” said Sachin Chandra, president- elect of BAI.

              Bihta is in fact set to get three four-lane roads connecting it to Patna. Apart from four- laning of Khagaul-Shivala-Bihta road (dedicated expressway for Bihta airbase), works are also in progress on four-laning of Patna-Buxar NH-30 and Bihta-Sarmera state highway (SH-78).








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              • #67

                #67

                Re : Latest RE News - Bihar

                Jai Bihar

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                • #68

                  #68

                  Re : Latest RE News - Bihar

                  Bihar to notify RERA by April 30

                  According to sources present at the meeting, once the Act is in place, builders, landowners and constructors will have to get themselves registered with the governmentSheezan Nezami | TNN | April 02, 2017, 09:38 IST

                  PATNA: Urban development and housing department minister Maheshwar Hazari on Saturday said the state government will notify the much-awaited Bihar Real Estate (Regulation and Development) Act 2017 by April 30 to bring the unregulated real estate sector under its domain.

                  The minister, who held a meeting with officials concerned to discuss modalities for the proposed Act, said, “All residential buildings consisting eight or more flats and having an area of 500sq ft or more will come under the purview of the Act.”

                  According to sources present at the meeting, once the Act is in place, builders, landowners and constructors will have to get themselves registered with the government. “Purchase and sale of real estate properties will be allowed only through registered agents, whose licences will be valid for five years,” the sources added.

                  Sources privy to the development said all the new projects have to be registered within 30 days of notification of the new rule and the ongoing projects will be given three months’ time for registration. “It will be mandatory for the builders to upload all information regarding their projects on the web portal of real estate regulatory authority. Flats will be sold on the basis of carpet area, and not super built up area, which many real estate agents do to fool the buyers. The super built up area also includes common areas like lobby, stairs and lift shafts,” they added.

                  In case the project is delayed, builders, and not buyers, will have to pay monthly interest to the bank concerned. “Builders will also have to open a separate escrow account to deposit 70% of the money collected for the project. They will be allowed to withdraw the amount only for construction purpose. An appellate tribunal will also be formed to the listen to the grievances related to real estate sector,” the sources said.





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                  • #69

                    #69

                    Re : Latest RE News - Bihar

                    Nitish Kumar should act against benami property of Lalu: Sushil Modi

                    SuMo said he has been saying this for the last five-six days that the land was owned by Lalu familyTNN | April 10, 2017, 13:30 IST

                    PATNA: Within minutes of the presser addressed by RJD chief to refute his allegations regarding controversial land deal for a mall near Saguna Mor, former deputy CM Sushil Kumar Modi on Sunday said he was happy that Lalu Prasad admitted the controversial plot belonged to his wife Rabri Devi and two sons Tej Pratap Yadav and Tejashwi Prasad Yadav.

                    “It’s common knowledge that this is how benami transactions are made in the country. Lalu Prasad knows the trick of the trade. But, I request him to reveal all such land deals or I will do so in coming days,” SuMo said while asking CM Nitish Kumar to remove Tejashwi Prasad Yadav and Tej Pratap Yadav from his cabinet for not “disclosing their businesses and assets” to either the government or the Election Commission. Lalu admitted at a press conference that his wife and two sons are shareholders in the company which owns the plot of land on which a mall was being constructed.

                    SuMo said he has been saying this for the last five-six days that the land was owned by Lalu family. “Now Lalu has himself admitted that his sons are involved in the business and since it is not declared by them in their annual declarations before the state government, the copy of which is on the website of Bihar government, CM Nitish should remove Tejashwi and Tej Pratap from his cabinet as he always asks the Centre to take action against ‘benami sampati’,” said Modi.

                    “The case is related to Bihar and his two ministers. In this case, the Centre has no role to play. Nitish should act and prove that he is against those who have benami property,” he added.

                    In a lighter vein, SuMo said Nitish should appoint Lalu and his family members as the economic advisers to him as the RJD chief can suggest how to invest just Rs4 lakh and reap Rs500 crore in some business. “The mall, when it gets ready, will have a market value of not less than Rs500 crore,” he said.

                    The senior BJP functionary said he has checked the balance sheet of Delight Marketing Company. “It has not done any business in Bihar in the last 10 years, except buying the 2 acre plot of land near Saguna Mor. This further makes a strong case of benami property as Lalu family used people from RJD to get kickbacks on his behalf and later transfer the assets to his family to avoid legal scrutiny,” he said.

                    SuMo said the land on which the mall is coming up actually belonged to Sujata Hotel Private Limited’s director Harsh Kochar who transferred the property to the Delight as part of thanksgiving exercise. RJD’s Rajya Sabha member and former Union minister Prem Chand Gupta’s wife Sarla Gupta held 70% of the shares in the company at that time. Lalu’s two sons Tejashwi and Tej Pratap were made the company’s directors in 2014 and this is a ‘clear case of benami transaction’, he said.









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                    • #70

                      #70

                      Re : Latest RE News - Bihar

                      Bihar govt lowers registration charges on BSHB houses

                      The state cabinet had last Wednesday given its nod for converting leasehold properties of BSHB into freehold upon payment of conversion charges at the rate of 10% of the value of the property as per the updated minimum value.TNN | April 20, 2017, 12:30 IST

                      PATNA: Those interested in buying the housing properties of Bihar State Housing Board (BSHB) got another gift from the state government on Wednesday as the cabinet gave its approval for calculating stamp duty and registration fees on the conversion charges for converting the leasehold properties into freehold.

                      The state cabinet had last Wednesday given its nod for converting leasehold properties of BSHB into freehold upon payment of conversion charges at the rate of 10% of the value of the property as per the updated minimum value.

                      Senior officials said the move was intended to generate additional revenue for the housing board.

                      Though individual allottees can get complete ownership of the properties, any development work will have to be done as per the layout plan of BSHB and building bylaws. The properties of BSHB since its establishment in 1982 include 2958.85acres of acquired land in 10 districts and around 11,500 housing units for different income groups.

                      The state cabinet also held deliberations on the GST Bill of the central government, which would be tabled in the special session of the state assembly on April 24.

                      The GST Bill, which will bring a uniform and single goods and services tax system in the country, has already been approved by the Lok Sabha and Rajya Sabha and requires ratifications by the state governments for its implementation. Bihar is apparently the first state in the country to initiate steps for approving the GST Bill.









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