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The district deputy registrar of Nashik, Bajirao Shinde stated that Conveyance Deeds of over 90 per cent of properties in Nashik city are yet to be executed. Nashik city has more than 12,000 residential societies and apartments, but records show that conveyance deeds of over 11,000 properties have not been executed. The city has a [...] Continue Reading »
The state government of Jharkhand is planning to revise property registry fees conducted annually in urban and biennially in rural areas. There has been a huge discrepancy in the charges until the last revision of registry rates and there used to be a hike of just 5 per cent in upmarket areas whereas it went [...] Continue Reading »
The federation of sector welfare associations of Chandigarh (FOSWAC), an umbrella body of 60 different resident welfare associations (RWA) have raised concerns regarding negligence of municipal corporation. Concerns were raised in the executive committee meeting for not addressing the common and specific problems of RWA’s seriously by the officials of municipal corporation. The issues included [...] Continue Reading »
The foundation stone for Sorake ‘Green Cliff’ residential apartments by Sorake builders was laid at Airport Road in Padavinangady in Mangalore on 20 August. Dr Rajnesh Sorake of Sorake builders laid the foundation stone while joint venture partners like Elias Sanctis and Prakash Pinto of Paragon builders and developers were present. Green Cliff, a proposed [...] Continue Reading »
The state sales tax department has been able to make the builders register with them as the battle for paying VAT seems to swing towards the government. The builders in Nashik have started registering with the sales tax department of the state government. Confederation of Real Estate Developers’ Association (CREDAI) has reportedly decided to pay [...] Continue Reading »
Thane has emerged as a preferred residential destination in recent years in Maharashtra. The main reasons being rapid development in various sections of the region. Also the surrounding natural beauty of Sanjay Gandhi National Park, Yeoor and Parsik hills have been a factor. An erstwhile industrial hub, the area has seen a tremendous change in [...] Continue Reading »
Following an unprecedented appreciation in real estate prices, investors seem to be flocking in to Vijayawada recently. The sharp rise in prices of Vijayawada has much to do with the Telengana agitation and the resultant political uncertainty prevailing in Hyderabad. While real estate prices in Hyderabad have recorded a modest increase of 5-10 per cent during [...] Continue Reading »
The new industrial policy of Madhya Pradesh is likely to be unveiled by the middle of the next month. The proposed policy has already started brewing up storms as it proposes an increase in the price of industrial land to Rs 40 per sq ft from the existing Rs 23.75 per sq ft. The industries [...] Continue Reading »
The residents of Balaji Avenue, off the Thiruvanaikovil Trunk Road in Srirangam, are facing problems regarding drinking water. The drinking water overhead tank (OHT) complex at the south-west corner of the locality has been exposed to pollution over the past few months, owing to the outflow of sewage from a faulty underground sewer line. The [...] Continue Reading »
Altogether 192 beneficiaries were allotted newly-built houses at Isopur on the outskirts of Patna under the scheme for urban poor. These houses were being constructed for the BPL families in urban areas. The CM announced that over 50,000 houses will be built in 28 cities of the state and those would not be a part [...] Continue Reading »
