Rs.2,163 crore budget passed by Ghaziabad Development Authority

Posted on 31st Mar 2015 10:41 am by mohit kumar

Ghaziabad, March 30 (IANS) The Ghaziabad Development Authority (GDA) has approved a Rs.2,163 crore budget for the 2015-15 financial year, said Santosh Kumar Yadav, vice-chairman of the urban development body, on Monday.

The GDA board approved 30 of the 33 proposals before it and deferred three proposals for consideration in its next meeting.

The GDA expects to mop up revenue from development charges, sale of its properties, surcharge on stamp duties, interests, sale of forms, maintenance and registration.

The major projects on which the GDA expects heavy expenditures include the Metro project, Hindon elevated road to Raj Nagar extension, power stations in upcoming Raj Nagar Extension area, flyover at CGO complex, link road connecting G.T. Road with NH-24, expenditure on land acquisition and construction of northern peripheral road.

To encourage sale of its properties, the GDA has frozen any enhancement in its sector rates for six months.

Other news

Surat Diamond Business: Due to the ongoing war between Russia and Ukraine, 25 thousand diamond artisans became unemployed in Surat, know the whole matter

The heat of the ongoing war between Russia and Ukraine since February is now reaching India as we

Protests continue in Russia against Putin: Russian pilot said in-flight – attacking Ukraine is a crime; Russian journalist said - ashamed of my country

Putin is facing the ire of his countrymen after the attack on Ukraine. People in Russia are prote

Hardik Patel Quits Congress: Big blow to Congress in Gujarat, Hardik Patel resigns

Congress suffered a setback before the assembly elections in Gujarat. Hardik Patel has finally sa

Government to invest $10 bn in chip manufacturing units

New Delhi, March 27 (IANS) The government would invest $10 billion in chip manufacturing facili

Country to get 75 new Vande Bharat trains soon, trial run before August 15; Learn Features

In an attempt to reach Prime Minister Narendra Modi's target of running 75 'Vande Bharat' trains

Heavy war with Ukraine on Russia: Western countries impose strict economic sanctions, Apple-Nike stop sales, seven banks out of SWIFT

The ongoing war between Russia and Ukraine has intensified. As the war escalates, the anger of co

Investigation: Income Tax Department team reached Sonu Sood's Mumbai office, claimed to have surveyed at six places

Income Tax Department officials are investigating in six premises of actor Sonu Sood, who became

Narendra Modi: Prime Minister said - the scope of scams is over, emphasizing on self-reliance in the defense sector

Addressing an event on Thursday, Prime Minister Narendra Modi said that Vigilance Awareness Week

PM Modi's mother's condition stable: BJP MP claims - can be discharged from hospital in two-three days, Modi reached Ahmedabad to inquire

Prime Minister Narendra Modi's mother Heeraba is unwell. Hiraba was admitted to the UN Mehta Hosp

India vs Pakistan: These veterans, including Virat, came out in support of Arshdeep, the young bowlers were trolled for dropping the catch

If there is a match between India and Pakistan, then cricket is not limited to sports only. In th