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Union Cabinet approves regulator for real estate, lays down norms to help home buyers

-The Times of India NEW DELHI: The Union Cabinet on Tuesday cleared a legislation to set up a long-pending real estate regulator aiming to protect home buyers from unscrupulous developers and builders. A real estate regulator - to be set up in every state - will ensure that private developers get all their projects registered with it before sale and only after obtaining all necessary clearances. "It will be mandatory for developers under...

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Fat purse with perform rider-Amit Gupta

-The Business Standard Ranchi: Jharkhand could qualify for more funds than the Rs 1,500-crore earmarked as labour budget under MGNREGS, if the state pulled up its socks and honoured deadlines while executing the Centre's flagship scheme this fiscal. The word came from Union rural development minister Jairam Ramesh who reviewed the job programme and action plans for Saranda and Sarju areas among other things at the Project Building in Ranchi today. "Of the...

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Ramesh asks PM for mining rethink-Sumi Sukanya

-The Telegraph Rural development minister Jairam Ramesh has written to the Prime Minister for a rethink on a cabinet committee's recent clearances to two mining projects in Jharkhand's Saranda forests. Ramesh has argued that the projects would harm his ministry's Rs 300-crore development plan for the region, alienate local tribals and weaken the fight to contain the Maoists, a ministry official said. The Prime Minister heads the cabinet committee on infrastructure, which gave...

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'Rajasthan national leader in solar energy'-Mahim Pratap Singh

-The Hindu Jaipur: Rajasthan is set to play a major role in solar and renewable energy, according to its Governor Margaret Alva. "Energy is the key to progress. At the same time, it is a big challenge too. Rajasthan is a national leader in solar energy and under the Jawaharlal Nehru National Solar Mission, a majority of the solar projects are located in Rajasthan. In wind energy, India is globally positioned at...

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In recent times, every scam’s trail has led to dubious deals in real estate -Ravi Teja Sharma & Viney Sharma

-The Economic Times NEW DELHI and CHANDIGARH: It is not without reason that the quintessential real estate firm has become the epicentre in all scams in India in recent times. From Satyam to 2G, Vadra to Saradha and now Railgate - every scam's trail leads to fraudulent investments and dubious deals in the real estate sector. Not only does the barely regulated sector allows rampant transactions in black money allowing scamsters...

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