#RealtyNewsRoundup: Bids To Develop Jewar Airport Now Open
Description
The Noida International Airport Limited (NAIL) on May 30 invited global players to submit their bids to develop the Rs 15,000-crore international airport at Jewar in Greater Noida. The details of the bid could be accessed NAIL’s official website, www.nialjewar.com. The bidding for the project will be completed in one stage and the tender will be finalised by the end of November.
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The Pune Municipal Corporation, which plans to construct nearly 6,500 homes under the Pradhan Mantri Awas Yojana (PMAY), on May 30 approved the construction of 1,199 units in Vadgaon Budruk. The civic authority will invite applications for these homes soon, which will be allotted on the draw-of-lots basis. Those applying for these homes will also be eligible for a government subsidy.
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The body of real estate developers Credai has signed a Memorandum of Understanding with the Indian Green Building Council (IGBC) as it plans to construct green buildings across five cities in India. The move is aimed at promoting green and affordable housing across the country.
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The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has ordered Lucknow-based developer R Sons Infra Land to register four of its unregistered projects within three months or face a penalty of over Rs 40 crore. The move came after over 117 complaints were filed against the developer. These projects, in which the developer has invested over Rs 45 crore, are located in Lucknow and Barabanki.
Source: Media reports
