Other cities
The flat owners are to be benefited by the new proposed bill in the state of Rajasthan. The state government on Monday introduced the draft of a new law – Rajasthan Apartment Ownership Bill, 2012 – giving more room to the flat owners. The new bill allows the families in flats access to common or [...] Continue Reading »
The depreciating rupee may be a concern for the economy, but it has become a disguised boon for builders in Mangalore. In the past three weeks 16 new projects totalling a minimum of thousand apartments have been launched indicating robust demand and stepped up activity in the construction sector in Mangalore. Mangalore chapter of the [...] Continue Reading »
From the last seven years, sewage has been pouring into Gorewada lake which supplies water to 70 per cent areas of the city, yet, the Nagpur Municipal Corporation (NMC) has been completely unaware of it. The NMC officials decided to take action against this only after several complaints by the BJP corporator from Dhaba, Jagdish Gwalbanshi. [...] Continue Reading »
The residents of Venkatadrinagar in ward 72 in Visakhapatanam city continue to suffer the effects of unauthorised cremation in their colony, despite a court order favouring them and action by municipal corporation. Venkatadrinagar Residents’ Welfare Association had filed a writ petition in the High Court seeking a direction to officials to declare the site being [...] Continue Reading »
The Chandigarh Municipal Corporation has finally started the exercise to impose property tax on residential properties in the city. The accounts wing of the corporation has wrote to 25 government departments and organizations besides housing societies to submit details regarding their residential accommodations in the city within a period of one month. The information has been sought from Chandigarh [...] Continue Reading »
State Bank of India (SBI) has offered an all-time low interest rate to its customers interested in investing in the sector. SBI offers a low interest rate of 10.25 per cent for housing loans up to 30 lakhs and 10.4 per cent for amount above 30 lakhs, said Avinash Kumar, SBI chief manager. A three [...] Continue Reading »
The Yamuna Expressway may turn out to be a magnet for real estate growth in the region. The signal-free 165km expressway will reduce the distance between Agra and Delhi to around 211km, reducing the travel time between the Capital and the tourist hot spot to 150 minutes, and only 90 minutes from Greater Noida. The [...] Continue Reading »
In an effort to improve transparency and modernize land records in the country, the Ministry of Rural Development has proposed that the registration of real estate leases should be made mandatory. The proposed amendments to the Registration Act of 1908 have been suggested by the ministry’s Department of Land Records (DoLR). The proposed changes make [...] Continue Reading »
Experts have said that real estate investment are expected to go up significantly in Punjab in the days to come due to the state’s political stability and the rupee-dollar volatility. A recent study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) titled Growth Agenda for Punjab noted that Punjab had 49.7 percent [...] Continue Reading »
Residents of Shalimar Township on AB road, one of the largest townships in Indore are facing trouble due to the construction of BRTS corridor. The 1000 plus vehicle owners of the township demand that there should be crossing on the lane as abrupt end to the service lane on either side of the entry to [...] Continue Reading »
