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Maharashtra Bill provides for India’s first Real estate regulator-Makarand Gadgil & Madhurima Nandy

-Live Mint The Maharashtra Housing Regulation and Development Bill passed by the state assembly on Monday paves the way for the establishment of the country’s first regulator for the housing sector. The Bill, which now goes to the state legislative council, aims to bring about transparency in the Real estate sector and empower homebuyers. It also attempts to demystify some of the popular and often misused terms used in the sector, such...

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Public information officer fined Rs 25,000 for delay, improper reply to RTI query-Binoy Valsan

-The Times of India COIMBATORE: Coming down heavily on the Coimbatore Corporation, the State Information Commission has levied a penalty of Rs 25,000 on a Public Information Officer of assistant commissioner rank, in connection with the delay and inconsistency in a reply furnished to an RTI query filed by a city resident. The assistant commissioner of the corporation's east zone has also been asked to furnish the details sought in the...

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The business-politics nexus-Ashutosh Varshney

-The Indian Express An intriguing paradox of contemporary Indian politics has been insufficiently noted: corporate India finances India’s elections, substantially if not wholly, but it is unable to determine election outcomes. Money matters, but it is not always electorally decisive. The recent Uttar Pradesh elections provide the clearest illustration of this proposition. As is well known, the Congress, BJP and BSP were all better financed than the SP which, especially after the...

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India’s IT powerhouse is mired in social prejudice-Sudipto Mondal

-The Hindu THE SUNDAY STORY The property and Real estate sections of free advertisement-only newspapers offer the best insight. Most advertisements titled ‘for vegetarians only’ were from areas such as Jayanagar, Basavangudi and Malleshwaram.   In the last 30 years, his firm has helped thousands of people find properties of their choice. He is one of the biggest names in the highly competitive Real estate industry of Bangalore. Fardeen Ahmed (name changed)...

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Govt mulls cheap houses for rent-Mahendra Kumar Singh

In a bid to meet burgeoning housing requirements in cities and towns, the Union housing ministry is expected to set up a high-level committee to recommend policy interventions to facilitate creation of rental housing stocks to cater to those who cannot afford to buy houses.  Now, the housing shortage stands at around 27 million units, and estimates suggest that at least 50% is ascribed to people who cannot afford to own...

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