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Delhi NCR’s three-day conference: Municipalika 2013

Delhi NCR’s three-day conference: Municipalika 2013
A three-day international conference and exhibition took place in Delhi on ”Good Governance” regarding the challenges of rapid urbanization and expanding cities in order to provide enough space for the rapidly increasing population. The seminar was attended by many stakeholders and city developers from across the world. They shared their views on ways to build [...] Continue Reading »

Hennur emerges as a popular residential destination

Hennur emerges as a popular residential destination
Hennur, an area located in the northern part of Bangalore, has been emerging as a popular residential destination. The prime reason for the growing demand for residential real estate in this area is the close proximity to Bangalore international airport at Devanahalli. There was a rise of 9, 12 and 5 percent in property price [...] Continue Reading »

RBI slashes repo rate; second time in 2013

RBI slashes repo rate; second time in 2013
Reserve Bank of India (RBI) has announced the second repo rate cut of 0.25 percent (25 basis points) to 7.50 percent. Earlier, a similar cut was declared on January 29, 2013. This has adjusted the reverse repo rate to 6.50 percent and the Bank Rate to 8.50 percent. The Cash Reserve Ratio (CRR) has been [...] Continue Reading »

Nitesh Estates comes up with villament project in Bangalore

Nitesh Estates comes up with villament project in Bangalore
Nitesh Estates has announced the launch of Rs 400 crore villament project in Bangalore. Through this project, the developer promises to show Silicon Valley to India’s IT capital. The project named ‘Nitesh Palo Alto‘ would bring alive the concept of villaments in Bangalore’s technology hub. Villaments is a concept in real estate where apartment ends [...] Continue Reading »

NDMC took serious steps to collect property tax

NDMC took serious steps to collect property tax
North Delhi Municipal corporation has been carrying out an identification technique in order to register all the unregistered properties in the city. Around 60,000 new properties have been registered with NDMC under the tax net within the past one year. Soon tax defaulters will be sent notice by post by the municipal corporation. With the [...] Continue Reading »

Property prices increase by 20 percent in T. Nagar Chennai

Property prices increase by 20 percent in T. Nagar Chennai
Chennai- Theagaraya Nagar (popularly known as T. Nagar), one the prominent residential localities in Central Chennai, is witnessing an annual appreciation of nearly 15-20 percent in the prices of residential units. Along with rising demand and shortage in supply of units, the residential prices are soaring. Many developers have also expressed the same opinion. The [...] Continue Reading »

Artha Zen: Villa project by Artha near Nice corridor

Artha Zen: Villa project by Artha near Nice corridor
Artha Zen is a villa project situated near the NICE corridor at Bannerghatta. Artha Zen is a gated community comprising of 72 premium villas and spread over 4.5 acres of land. The project brings high quality living spaces for the highly discerning. Plot sizes range from 1,200 sq ft to 2,400 sq ft and on offer are [...] Continue Reading »

Varanasi Enclave- SSR Group’s ongoing project in Ramamurthy Nagar

Varanasi Enclave- SSR Group’s ongoing project in Ramamurthy Nagar
Varanasi Enclave is an ongoing project by SSR Group. It is located at Rammurathy Nagar in East Bangalore. It is expected to get completed by 2014. The project offers exclusive 2 and 3 BHK apartments. The built up area ranges from 1020 sq ft to 1471 sq ft. The price of the apartments falls in the bracket [...] Continue Reading »

New villa project in Chennai: Sri Sai Villa

New villa project in Chennai: Sri Sai Villa
Chennai- Vijay Builders invites buyers to grab a golden opportunity to fulfill their dream of a perfect home with its new residential project named “Sri Sai Villa†in Thoraipakkam, Chennai. Sri Sai Villa offers two and three bedroom apartments of size ranging between 1085 sq ft to 1161 sqft. The price of these villas starts [...] Continue Reading »

GHMC confused over urgency clause of LA act

GHMC confused over urgency clause of LA act
Hyderabad-  The Greater Hyderabad Municipal Corporation’s (GHMC) two wings namely town planning unit and land acquisition unit are struggling over the ‘urgency clause’ of the Land Acquisition (LA) Act. According to the urgency clause of Land acquisition act, property owners do not have any right to raise objections over acquisition of their properties. On one [...] Continue Reading »



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