Cities
Chennai- BSCPL Infrastructure Ltd has launched its new township project named “Bollineni Hillside” situated midst IT corridor at Old Mahabalipuram Road, Chennai. Bollineni Hillside is one of the largest self sufficient township in Chennai which spreads across 92 acre of land to house more than 4,500 families. It offers one, two, three and four bedroom [...] Continue Reading »
Delhi Development Authority (DDA) has held a continuous three-days auction of 38 residential plots located across the city, from 13th March to 15th March, at Vikas Sadan, Delhi. This auction will have the best plots including corner plots or plots located on 24 metre road with a 10 percent higher reserve price. Paschim Vihar, Yamuna [...] Continue Reading »
Property owners who are staying within 500 metres radius and along the outer ring road (ORR) need to pay betterment tax. MUDA has proposed to impose tax on the property owners to generate more revenue. The civic body is planning to collect Rs 20 crore in the next fiscal from the proposed betterment tax. If [...] Continue Reading »
Chennai- Propshell Business Solutions Pvt Ltd is offering plots in its new residential project named “New Port City” in Sriperumbudur, Chennai. New Port City offers residential plots of size ranging between 350 sq ft to 2400 sq ft. There are total 85 plots surrounded by lush greenery. The price of these plots vary between Rs [...] Continue Reading »
As the country has seen the launches of houses worth around $2 billion last year, luxury homes are catching up again in the real estate market. Such projects were launched during a time when the country was facing slowdown in the real estate sector. Around 5000 homes were launched across prime cities that are priced [...] Continue Reading »
Bhubaneswar- Tata Housing Development Company Limited, a renowned real estate company in India, has announced its first integrated residential complex “Ariana” in Bhubaneswar. The company has entered Odisha market by launching “Ariana” at Shankarpur which is jointly developed in association with the Bhubaneswar Development Authority (BDA). This new residential project in Bhubaneswar sprawls across 12 [...] Continue Reading »
Kerala – The Union affairs Minister has approved the amendments to the Kerala Property Tax Act 2011. The new rates will be applicable from April 1, 2013 onwards. The return forms have been simplified and additional burden on homeowners has also been removed. There will be no fine imposed on the house owners who had failed to [...] Continue Reading »
Despite cuts in interest rates in home loans by banks, the growth in this segment has dipped as against previous years, as per Reserve Bank of India’s credit data. The trend of availing home loan to the housing sector was 13.3 percent in January 2012 which has dipped down to 12.3 percent in January 2013. One reason for [...] Continue Reading »
Unishire has announced the pre-launch of its new project called Terraza, spread across two acres. The project is located in Hebbal, behind Manyata Tech Park. It is in close vicinity to ORR, BIAL, schools, malls, hospitals and other important destinations of daily life. Unishire Terraza comprises of 182 Simplex homes including 2, 3, 3.5 and [...] Continue Reading »
According to the recent budget for the 2013-14 fiscal, Rs 890 crore has been sanctioned for infrastructural development of various districts in the entire state of Haryana. Out of this, a big amount (Rs 605.48 crore) has been solely dedicated to Gurgaon to develop the infrastructure of the city. Gurgaon has always got a raw [...] Continue Reading »
