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Latest RE News - Bihar

Last updated: March 4 2021
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  • #71

    #71

    Re : Latest RE News - Bihar

    Now, poor to get flats for Rs 2,000 per sq ft in Bihar

    According to the new policy, 15% of the flats in a building over 4000sqm or above of private developers will be reserved for economically weaker sections (EWS) and low-income groups (LIG). The quota will be 50% in government projects.Sheezan Nezami | TNN | May 19, 2017, 11:00 IST

    PATNA: The ‘Affordable Housing and Slum Rehabilitation and Redevelopment Policy 2017’ of the urban development and housing department, okayed by the Bihar cabinet on Tuesday, will help the poor realise their dream of owning a house.

    According to the new policy, 15% of the flats in a building over 4000 sqm or above of private developers will be reserved for economically weaker sections (EWS) and low-income groups (LIG). The quota will be 50% in government projects.

    The two category of people will be charged a flat rate of Rs 2,000/sqft irrespective of the city. That is, flats reserved for these sections under this policy will be made available to them at the rate of Rs 2,000/sqft even in the state capital.

    In EWS flats, the carpet area can vary from 290 to 323 sqft. It will be from 538 to 646 sqft in LIG flats. The EWS buyers will also be provided parking space for a two-wheeler while the LIG buyers will be allotted parking space for two mobikes.

    Applicants with annual income of up to Rs 3 lakh will be categorised as EWS and those with annual income between Rs 3 lakh to Rs 6 lakh will be considered LIG-category applicants.

    A state level sanctioning and monitoring committee headed by the chief secretary will monitor and ensure time-bound completion of the sanctioned projects.

    Among other incentives to realtors, the FAR (floor area ratio) will be allowed to be increased. FAR is the total covered area of all the floors divided by the plot area. Its increase is favourable for the builders as they can increase the area of construction, thereby bringing down the cost of flats.

    Realtor Sachin Chandra hailed the government’s policy. “The real estate market will now expand as it will now attract even those buyers who earlier did not have the purchasing capacity. Increase in FAR will help us construct more flats, but we have to see that there is no cap on the height. Or else, increase in FAR will be of no use,” he told TOI on Thursday.

    The policy also talks of another model under which land will be provided by the government and construction done on public-private-partnership mode. The selection of private developer will be made through open bidding.

    Under this model, the affordable housing area (AHA) will not be less than 75% of the total project area in cities with population of three lakh and above. In cities with population between one lakh and three lakh, the AHA will be 60% of the total project area. In smaller cities, the AHA will 50% of the total project area.

    Sources in the urban development and housing department said the housing shortage in the urban area in Bihar was estimated at 1.19 million by the technical group on housing shortage constituted by the Union government. At least 85% of the total shortage is in EWS and LIG categories.





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    • #72

      #72

      Re : Latest RE News - Bihar

      Centre halts construction of mall tied to Lalu's family

      It is alleged that the mandatory environmental clearance from the State Environment Impact Assessment Authority (SEIAA) has not been taken for the projectTNN | May 20, 2017, 07:41 IST

      PATNA: In yet another blow to Lalu Prasad, the Union ministry of environment, forest and climate change has issued stay order on the construction of the Delite Mall at Saguna Mor in Patna. The mall is coming up on a two-acre plot owned by Lara Projects Limited Liability Partnership, an alleged shell firm run by the RJD chief’s family.

      It is alleged that the mandatory environmental clearance from the State Environment Impact Assessment Authority (SEIAA) has not been taken for the project. The Union ministry has asked the state government to stop the construction work and submit a compliance report within three weeks.

      The order has been sent to the state principal secretary (forests) with a copy each to the member-secretary of Bihar State Pollution Control Board, SEIAA chairman and Abu Dojana, CMD of the Meridian Construction (India) Limited, which is developing the mall. Dojana is an RJD MLA.

      The action has been taken in response to a memorandum submitted by state BJP MLC and former deputy CM Sushil Kumar Modi to the Union forest ministry on May 11.

      “Environmental clearance is required to be taken from the SEIAA for any construction over an area above 2 lakh square feet. However, no such clearance was taken in case of this mall with a built-up area of 7.66 lakh square feet. The SEIAA was supposed to report the violation to the Centre, but it didn’t,” Modi said at a press conference at the state BJP HQ in Patna on Friday.

      Modi said the mall is proposed to be a 12+2 (basement)-storey structure with provisions for a five-star hotel, a multiplex, a shopping mall, an office tower and 1,000 shops.

      The leader of opposition in the state legislative council claimed the Lara Projects has two shareholders, Lalu’s wife Rabri Devi (85%) and son Tejashwi Yadav (15%). The firm’s two directors are Chanda Lalu and Ragini Yadav, both daughters of Lalu.

      Dojana, however, said the construction work had not yet started and only excavation work had been carried out at the mall site. “We will approach the authorities concerned as and when we require to get environmental clearance,” the MLA said.











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      • #73

        #73

        Re : Latest RE News - Bihar

        Sushil Modi fires benami asset salvo at Lalu’s daughter

        The leader of opposition in the legislative council said the 3,267sqft plot is located adjacent to another piece of Lalan’s 1,088sqft plot gifted to Lalu’s wife and former CM Rabri DeviTNN | June 11, 2017, 07:17 IST

        PATNA: Former deputy CM and BJP MLC Sushil Kumar Modi on Saturday targeted yet another daughter of Lalu Prasad, saying the RJD president’s fifth daughter Hema Yadav was in 2014 gifted a prime land by Lalan Choudhary, who worked in the family’s cowshed for 20 years.

        Lalu has seven daughters and two sons, including Tej Pratap Yadav and Tejashwi Yadav who both are ministers in the Nitish Kumar-led grand alliance government in Bihar. His eldest daughter Misa Bharti is a Rajya Sabha member.

        The leader of opposition in the legislative council said the 3,267sqft plot is located adjacent to another piece of Lalan’s 1,088sqft plot gifted to Lalu’s wife and former CM Rabri Devi. At a presser earlier on Tuesday, Modi had claimed the land gifted to Rabri was worth over Rs 30 lakh.

        “Lalan thus gifted land worth over Rs 1 crore to the family. The two transactions took place within a fortnight,” Modi said on Saturday, and claimed Lalan in official records is a poor man, his name figuring on the BPL list and his address being a house allotted to him under Indira Awaas Yojana in Siwan district’s Barharia block.

        Releasing documents to buttress his claims, Modi said Lalan ‘bought’ one plot at Danapur, on the outskirts of Patna, from one Vishun Dev Rai for Rs 4.21 lakh on March 29, 2008. It was gifted to Hema on February 13, 2014. The land gifted to Rabri was ‘purchased’ by Lalan from one Rameshwar Prasad Yadav on March 30, 2009. There’s also a house on the land gifted to Rabri, Modi said.

        Both the land transfer (gift) documents contain clauses, which read: “The donor is very close to the donee for long and the donee is also financially helping and rendering service to him for long and therefore the donor disclosed his intense desire to gift his property.”

        Modi alleged quid pro quo. “Lalu family got the two plots in lieu of a jobs to the families of original landowners, Vishun Dev and Rameshwar. The lands were shown on paper to have been sold to poor Lalan in 2008-09 when Lalu was the minister for railways,” the BJP functionary said at a press conference on Saturday.

        Modi earlier held a series of press conferences and alleged Lalu adopted similar modus operandi to acquire properties from two former Union ministers and RJD MPs Raghunath Jha and Kanti Singh in lieu of offering them ministerial berths.

        The BJP MLC said he would soon write to the Income Tax department to probe the benami properties of Lalu family.

        The RJD reacted sharply to Modi’s fresh allegation. “I have said it earlier that Modi has completely lost the plot as to how he should engage with political rivals. He has to first decide whether he has become the self-declared custodian of what is legal and what is illegal. He is making such wild allegations only to get noticed by the Narendra Modi-Amit Shah duo,” said RJD national spokesperson Manoj Jha.











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        • #74

          #74

          Re : Latest RE News - Bihar

          Lalu Prasad, family may face more cases over benami properties

          BJP leader and new deputy chief minister Sushil Modi has vowed to bring more cases of corruption involving Prasad and his family to light, even as the RJD chief and his younger sonMadhuparna Das | ET Bureau | August 05, 2017, 15:00 IST

          PATNA: Nearly 150 benami properties allegedly owned by the Rashtriya Janata Dal chief Lalu Prasad and his family are under the scanner of the central and state agencies following the collapse of the mahagathbandhan or grand alliance in Bihar.

          BJP leader and new deputy chief minister Sushil Modi has vowed to bring more cases of corruption involving Prasad and his family to light, even as the RJD chief and his younger son, erstwhile deputy CM Tejashwi Yadav, have started a campaign demanding action in the cases lodged against Modi and Chief Minister Nitish Kumar.

          “I have around nine cases. But I can explain those cases,” Modi told ET. “Five of them were lodged when Adhikar agitation (for demanding that the Centre grant special status to Bihar) was going on.

          Three of them are defamation cases slapped by Sadhu and Pappu Yadav. And a case was also lodged for rail roko. These cases cannot be equated with corruption charges worth thousands of crores against one particular family. They were never willing to explain those cases, they only shouted saying ‘political vendetta’.”

          The benami properties allegedly owned by Prasad and his family are located in Patna, Delhi and Aurangabad. Besides the land and soil cases, Modi has alleged a sand mining scam against Prasad’s family members and other RJD leaders.

          A police official said that a crackdown has been launched against RJD workers and supporters against whom criminal cases are lodged. “Around 100 men have already been rounded up. There are many cases, which were pending. All these cases will be investigated and all pending warrants will be executed,” said the official who did not want to be identified.

          While Tejashwi Yadav is already being probed by the central investigating agencies for his alleged involvement in the land scam, cases including zoo soil case have been initiated against Prasad’s elder son and erstwhile state health minister Tej Pratap Yadav.

          Responding to Tejashwi Yadav’s claim that the Central Bureau of Investigation had initiated a case against him when he was a minor, Modi said, “According to the FIR, charges against Tejashwi pertain to 2014, when he became a director of the company which bought land worth .`94 crore paying only Rs 94 lakh. As far as Tej Pratap’s case is concerned, it is small in stature. It is a case in which a misappropriation of .`40-50 lakh is involved. But the sand mining case is a more serious one. It will involve many RJD leaders and it is a case worth crores.”

          Following the collapse of the grand alliance, investigations have begun in at least a dozen cases, some of which are fresh while the rest are old cases that have been reopened, officials said.











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          • #75

            #75

            Re : Latest RE News - Bihar

            Rabri sold 3 flats to sand trader for Rs 1.72cr: SuMo

            Marchhia Devi was Lalu’s mother and the residential complex named after her is located on Gola Road on the ouskirts of PatnaTNN | August 08, 2017, 08:07 IST

            PATNA: Continuing his tirade against Lalu Prasad and family which led to the fall of Grand Alliance government in Bihar last month, deputy CM Sushil Kumar Modi on Monday alleged one Subhash Prasad Yadav, who is the director of three companies with stakes in sand mining in six districts of the state, purchased three of the 18 benami flats of Lalu’s wife Rabri Devi in Ma Marchhia Devi Complex at Patna on a single day on June 13 this year after paying her Rs 1.72 crore.

            Marchhia Devi was Lalu’s mother and the residential complex named after her is located on Gola Road on the ouskirts of Patna. Subhash, a resident of Hetanpur village in Danapur block, is director of Broadson Construction Pvt Limited, Banshidhar Construction Pvt Limited and Mor Mukut Private Ltd.

            Modi held a series of press conferences from April to June this year and made disclosures about alleged benami assets of Lalu and family. The charges led to raids against the family by central agencies, following which CM Nitish Kumar parted ways with RJD and Congress. He rejoined the NDA and formed his government again.

            “Anticipating seizure of their benami properties by the I-T and other central agencies, Lalu’s family resorted to selling them off. Subhash bought two flats in his name and one in his wife Lalti Devi’s name,” Modi alleged. “It betrays the close link between Subhash and Lalu. The sand trader also finances the RJD’s political activities,” Modi alleged and questioned why a sand trader, not anyone else, purchased the flats of Rabri.

            Modi asked Lalu to explain who all purchased the remaining flats, failing which he himself would reveal their names soon. He said he would submit the papers related to the flat purchase to CM Nitish Kumar and central agencies, and demand a probe into it.








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            • #76

              #76

              Re : Latest RE News - Bihar

              Changes in Bihar building bylaws soon: Sushil Modi

              Addressing a function to mark the launch of Bihar Real Estate (Regulation and Development) Rules, 2017 web portal here, Modi saidTNN | August 09, 2017, 11:30 IST

              PATNA: Deputy chief minister Sushil Kumar Modi on Tuesday said the state government will soon bring changes in the Bihar Building Bylaws, 2014 with special emphasis on ease of doing business, online processing and mixed use of land for residential and commercial purposes.

              Addressing a function to mark the launch of Bihar Real Estate(Regulation and Development) Rules, 2017 web portal here, Modi said the Real Estate (Regulation and Development) Act, 2016 (RERA) will play an important role in a state like Bihar where 1,200 people live in 1km area on an average. “There was a time when everyone was becoming a real estate developer, leading to unregulated growth,” Modi said, adding after the changes in building bylaws, builders may initially face hiccups, but they will benefit from it in the long run.

              The deputy CM said both Prime Minister Narendra Modi and Bihar CM Nitish Kumar are committed to realising the dream of ‘house for all’. He said builders should focus on green area, fire safety, solar energy and waste disposal.

              A source in the state urban development and housing department (UDHD) said draft for changes in Patna planning area has already been prepared and may become effective from October this year. For other cities, the draft will be prepared by March next year.

              “Plot less than 300 sq metre area or building less than 15 metre height will get automatic approval under ‘trust and verify’ concept. Also, one can collect no objection certificates from various departments online,” an official said.

              State UDHD minister Suresh Kumar Sharma stressed on the need of vertical growth of cities, keeping in mind scarcity of land.

              Bihar Vikas Mission research associate Pratyush Kumar said RERA would bring transparency in the real estate sector and protect the interests of both builders as well as buyers. “There is a notion that real estate regulatory act will have negative impact on the builders. This is absolutely wrong,” he said.

              Kumar said all the projects will have to be uploaded on the web portal with details of builders, architects, original approved map and five-year track record of builders, among other information.

              Even the builders came up with their suggestions and requested the government to bring certain changes in Bihar Real Estate (Regulation and Development) Rules.

              Chairman of Patna chapter of Builders’ Association of India, Bhavesh Kumar, said once a builder gets registered under the Act, there should be no need to register with individual urban local bodies where construction work has to be done. He favoured speedy trial of those projects on which vigilance case was going on.










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              • #77

                #77

                Re : Latest RE News - Bihar

                I-T officials question Rabri, kin in benami property case

                According to department officials, the development was kept a closely guarded secret in view of security threat involvedIANS | August 29, 2017, 17:35 IST

                PATNA: RJD chief Lalu Prasad's wife Rabri Devi, younger son Tejashwi Yadav and elder daughter Misa Bharti were on Tuesday questioned in connection with an alleged "benami" (proxy) properties case by Income Tax Department personnel here, officials said.

                "Soon after the three reached the Income Tax office here around 10 a.m., they were questioned for over five hours."

                According to department officials, the development was kept a closely guarded secret in view of security threat involved.

                Rabri Devi is former Bihar Chief Minister while Tejashwi is a former Deputy Chief Minister and currently Leader of Opposition in the state assembly. Misa Bharti is a Rajya Sabha member of the Rashtriya Janata Dal.

                A senior RJD leader told IANS that two days after the party organised a successful anti-BJP rally attended by leaders of 16 opposition parties in Patna, the Centre was again misusing the Income Tax Department to "harass Lalu-ji's family members".

                In May, the department had raided 22 places in and around Delhi in connection with the case after senior Bharatiya Janata Party leader Sushil Kumar Modi claimed Lalu Prasad was connected to hundreds of "benami" properties.









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                • #78

                  #78

                  Re : Latest RE News - Bihar

                  I-T attaches Lalu son's Rs 40-crore Delhi house

                  A senior I-T officer confirmed that house no. D-1088 in New Friends Colony was attached under the Benami Transactions (Prohibition) ActTNN | September 12, 2017, 07:57 IST

                  NEW DELHI: Just a week after the Enforcement Directorateattached a Delhi farmhouse belonging to Misha Bharti, Rajya Sabha MP and daughter of former Bihar CM Laloo Yadav, the income tax department on Monday attached another property in the national capital belonging to Lalu’s son and former Bihar deputy CM Tejashwi Yadav.

                  A senior I-T officer confirmed that house no. D-1088 in New Friends Colony was attached under the Benami Transactions (Prohibition) Act. Earlier in June this year, the department had issued a provisional attachment order against the property which was registered in the name of AB Exports. The I-T department has claimed that the beneficial owners of the property are three children of Lalu Yadav, including Tejashwi, Ragini and Chanda Yadav.

                  The estimated market value of the New Friends Colony property is more than Rs 40 crore while the declared book value is just Rs 5 crore. The department is in the process of confirming attachment of other properties allegedly owned by Lalu’s family members in Delhi and in Patna.

                  In June this year, the I-T department had identified several benami properties of the family and had issued provisional attachment orders against them under the Benami Transactions (Prohibition) Act. The provisional attachment order had named Lalu’s wife and former Bihar CM Rabri Devi and her three daughters--Misha Bharti, Chanda Yadav and Ragini Yadav—besides son Tejashwi Yadav and son-in-law Shailesh as beneficial owners of these properties. The combined market value of all these properties were estimated at over Rs 170 crore.

                  The I-T is in the process of issuing more attachment orders, confirming its provisional orders issued earlier. Among the properties identified and provisional attachment orders issued against them in June are land parcels at Danapur and Patna in Bihar and farmlands and buildings in Delhi.

                  The land in Danapur, registered in the name of Delight Marketing Pvt Ltd, has been estimated at Rs 60 crore. The beneficial owners of the property, according to the I-T, are Tejashwi and Rabri Devi. Again, the book value of the property was declared at Rs 1.9 crore.

                  Another land at Phulwari Sharif in Patna, registered in the name of AK Infosystem Pvt Ltd, has Tejashwi Yadav and Rabri Devi as its beneficial owners.








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                  • #79

                    #79

                    Re : Latest RE News - Bihar

                    SPV company formed for Patna smart city

                    Patna divisional commissioner Anand Kishor will be its chairmanFaryal Rumi | TNN | November 11, 2017, 12:00 IST

                    PATNA: Taking a step forward towards implementation of major projects under the Centre-sponsored Smart CityMission, a special purpose vehicle (SPV) company named the Patna Smart City Limited (PSCL) has been formed. Patna divisional commissioner Anand Kishor will be its chairman.

                    Chairing its first meeting on Friday, Kishor said as per preliminary plans, 837 acre covering Gandhi Maidan, Exhibition Road, Patna Junction, R-Block, Beerchand Patel Path, Mandiri, Vidyapati Marg and Fraser Road has been earmarked under Smart City. “The proposed Smart City covers major commercial areas. With the formation of the company, the projects will pick up pace. All the proposals and plans will be cleared with the consent of the company’s board members,” he said.

                    Patna Municipal Corporation (PMC) commissioner Abhishek Singh is the managing director while finance department’s deputy secretary Vinod Kumar Tiwari and urban development and housing department’s deputy secretary KD Prajwal are directors. The company will function from the fifth floor of Biscomaun Bhawan (6,000 sq feet area).

                    The estimate of total project cost is Rs2,776.16 crore in which Rs2,542.54 crore is for area-based development (ABD) and Rs243.62 crore for Pan City. Now, Rs982.31 crore has come from convergence from other schemes in smart city, Rs800.37 crore from public-private partnership and Rs930 crore from central and state governments in 50:50 ratio.

                    Talking about the various projects, Kishor said ABD is categorized in seven parts covering infrastructure, roadways, sewage, river front and transportation.

                    The first part is Operation Aadhaar. It will cover sewage and toilet at the estimated cost of Rs135.7 crore. Operation Visankulan will upgrade Patna Junction (Rs433 crore), Bankipore Bus Terminal (Rs175 crore) and immediate public transport stand (Rs9 crore). The total estimated cost is Rs617 crore. E-rickshaw, e-bus and upgradation of Beerchand Patel Marg as a model road will come under Operation Gatisheel, which will cost Rs342.45 crore. Operation Janchetra, Operation Samagra Vikas, Operation Vaishvik and Operation Smart Solutions are to cost Rs297.25 crore, Rs151.42 crore, Rs500 crore and Rs244.6 crore respectively.

                    Kishor said smart road network and road construction on Mandiri nullah will be first project in the Smart City. “Widening of road is its top priority while we also aim to make the roads free from all overhead cables and electricity lines,” he said.








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                    • #80

                      #80

                      Re : Latest RE News - Bihar

                      Budget contains nothing for Bihar: Tejashwi Yadav

                      PATNA: Leader of Oppositionin legislative assembly Tejashwi Prasad Yadav on Thursday said the Union Budget presented by finance minister Arun Jaitley had nothing for Bihar.
                      Tejashwi also took potshot at CM Nitish Kumar over the much-hyped idiom of "double- engine" used by his party JD (U) and ally BJP in making claims of rapid development in Bihar as a result of the same NDA government at the Centre and state.

                      "Nitish should tell that is this the double engine he talks about. It is because of him that the Centre is meting out step- motherly treatment to Bihar," Tejashwi told reporters.

                      Accusing Narendra Modi- government of being "pro- rich", "The BJP has neither done anything at the ground so far, nor it would do so in the future. It only tries to sell shallow dreams and mostly serves to the interest of the rich," Tejashwi said.

                      Tejashwi, who is RJD chief Lalu Prasad's younger son, termed the announcement of hike in minimum support price (MSP) for crop- procurement a farce claiming that market rate of the same is much lower.

                      "Budget is an illusory for farmers. The MSP for paddy is Rs 1600 per quintal but no one purchases it at that cost in the market. Consequently, the farmers are forced to sell it at Rs 1300 per quintal. How can the Modi- government think of farmers getting buyers at even higher MSP?" Tejashwi said.

                      The former Bihar deputy CM also challenged the announcement of creation of 75 lakh jobs for youths made in the Budget speech of Jaitley. "They have claimed in the Budget that they would create 75 lakhs new jobs but first they should tell the country how many jobs they created in the last four years," Tejashwi said.

                      Tejashwi criticised the Budget on various other fronts including alleged ignorance of primary health care, education, health and railways among others.

                      Source: https://timesofindia.indiatimes.com/...w/62745105.cms
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