Mumbai
Mumbai- Inside the wish of smashing contractors’ corporation monopoly, the BMC designed strategy of awarding deals for maintenance tasks of “ward roads” and decided to swap to an on the net process. The civic body said that no manual interference will be allowed in the tender process for the new web-based mechanism. For maintenance and [...] Continue Reading »
Banks are ready to provide loans to business industries, however, there are no takers! Individuals who desire home loans can buy residences which are worth Rs 20 lakh and much more, in any other case it’s going to be invalidated on flimsy ground. The largest bank SBI is actually resting with a big bin. It [...] Continue Reading »
Areas such as Wadala and Chembur in Mumbai and Ulwe in Navi Mumbai are the top residential locations to invest in and Knight Frank has predicted a rise of 133%, 125% and 145% in these areas respectively in recent years. Cities like Mumbai, Bangalore, Chennai, the national capital region (NCR) and Pune are identified as [...] Continue Reading »
A wall was erected in June 2012 between leasehold land owned by Tehnaz Master and leasehold lands which blocked access to another freehold land that belongs to Tehnaz. Master allege the court to direct demolition of the wall but no action was taken against the illegal wall by the civic bodies. The BMC advocate submitted [...] Continue Reading »
According to the report by Cushman & Wakefield, property consultant, Mumbai witnessed the highest rental growth globally. Colaba Causeway has seen a jump of 75 percent in the rental values in past one year. In the list of top 10 Global Highest Retail Rental Growth Markets 2012, Kolkata’s Park Street is in the 5th position [...] Continue Reading »
If you are planning to buy a house in metro cities then you have to wait for years to manage the downpayment but relatively in cities like Hyderabad and Pune the price of flats or rental values are affordable. In comparison, Bangalore is the third most affordable city to rent and fourth affordable city to [...] Continue Reading »
The property price in Mumbai is touching the sky and it has become impossible for home buyers to even think of buying a property in Mumbai. However, there is an area called Badlapur where affordable houses are available in the range of Rs 17-30 lakh. The area is witnessing a huge demand because of affordable housing. [...] Continue Reading »
Nagpur- Nagpur Municipal Corporation (NMC) has appointed assistant tax assessors for all ten zones to improve and strengthen its functions and department. Out of all assessors, only VR Rewatkar is a senior engineer and the rest nine are of deputy engineer’s rank from water works department. They will be given the responsibilty of hearing the [...] Continue Reading »
Mumbai- Mobile operators may need approvals from 70 percent residents of a housing society to set up a cellphone tower. The Brihanmumbai Municipal Corporation (BMC) is planning to make it compulsory for an operator to get permission from 70% residents of that housing society on which a mobile tower is proposed. The draft from the [...] Continue Reading »
Nagpur- As soon as the Nagpur Municipal Corporation (NMC) proposed cash value-based property tax technique, they committed that the stress will be more than twice the existing tax and thrice the current taxes pertaining to business oriented taxpayers. However, the tax may rise if anyone includes the 20-30% additional tax for essential services. If the [...] Continue Reading »
