With an aim to revamp Prasar Bharati, I&B ministry sets up an expert committee that will review the institutional frame work of the body.
According to the official, the ministry has also sought service tax exemption for private developers of affordable housing projects.
Claridges group makes Rs 60 cr a year from the Surajkund property and expects a 20 pc jump in revenues with Taj taking over.
IHCL’s 30-year lease with NDMC for the hotel ended in October 2011 after which the civic body decided to extend the lease for one year.
The American hospitality firm is currently the largest international operator in the country with 63 hotels.
Private property owners to be allowed expansion in Lutyens' Bungalow Zone; size of government plots to be reduced
As a first step to use the prime land more efficiently, the government plans to cut larger plots occupied by senior politicians, bureaucrats and judges.
The hotel, which sits atop the up-market Select City Walk mall is the first such property to be sold in the vicinity.
Home loans to buyers, which saw consistent double-digit growth since July 2010 has seen alarming dip in growth momentum.
"These guidelines would be one of the conditions precedent for states to access central government funding from the housing ministry," the person said.
The commission said that after considering the modified terms of the apartment buyers agreement submitted by both parties, it has modified the terms of the agreement.
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