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Service tax of Rs 3 crore recovered from builder

Service tax of Rs 3 crore recovered from builder
Jamshedpur – An amount of Rs 3 crore has been recovered as service tax from a builder in Jamshedpur. The central excise officials recovered this amount from eight offices of the builder in Bihar and Jharkhand. The builder was evading the service tax amount from past two years. The officials of the director general central [...] Continue Reading »

AMR launches residential apartment in Greater Noida

AMR launches residential apartment in Greater Noida
Noida-based real estate developer, AMR Group, mostly known for commercial projects and IT parks, is set to launch its new residential project with limited edition homes in pi-4, Greater Noida. Although it is owned by AMR Solutions, AMR Group is launching the project comprises of  55  apartment units with an investment of about Rs 100 [...] Continue Reading »

Demand for residential real estate rises in Bangalore suburbs

Demand for residential real estate rises in Bangalore suburbs
Many Bangalore suburbs are emerging up as prime residential localities with city limits getting redefined quickly. The need for affordable housing is increasing  and hence, home buyers are moving to suburb localities due to the availability of cheaper land compared to the main city areas. The improved public transport and connectivity add to the potential of [...] Continue Reading »

Godrej properties to launch luxury residential project in Kolkata

Godrej properties to launch luxury residential project in Kolkata
Kolkata – Godrej properties is planning to launch its ultra-luxury residential project named “Godrej Platinum” in the neighbourhood of Alipore, Kolkata. The project will soon get the final approvals and is expected to launch in April or May 2013. The estimated cost of this premium residential project is around Rs 100 crore.  Godrej Platinum spreads across [...] Continue Reading »

Noida Authority to construct Rs 2.20 crore foot overbridge

Noida Authority to construct Rs 2.20 crore foot overbridge
To bring in relief to the pedestrians crossing Noida-Greater Noida Expressway, the Noida Authority has finally decided to construct a foot over-bridge (FOB) along Sectors 44 and 125 of worth Rs 2.20 crore. The Authority has appointed a consultant to create the design for the foot bridge. According to an official, the tender will be [...] Continue Reading »

ACE Aspire: New luxurious project in Greater Noida

ACE Aspire: New luxurious project in Greater Noida
ACE Mega-Structure is set to launch its new residential project in  Greater Noida (West). This is a luxurious project with premium class residential complexes and has many commercial, industrial and retail projects of many famous firms. Ace Aspire is well connected to major landmarks- Delhi, Noida and Ghaziabad. This project comprises of schools, hospitals, recreation [...] Continue Reading »

KSV Developers launch premium project in Chennai

KSV Developers launch premium project in Chennai
Chennai – KSV developers has launched their first residential project in Chennai named “The Point ” in Guindy which overlooks the Madras Race Course and Gymkhana golf course. Set up in 2010, KSV developers is the real estate arm of KSV constructions which holds a rich experience of more than 60 years in their field. [...] Continue Reading »

Noida authority plans 7 new parking lots

Noida authority plans 7 new parking lots
Noida Authority has decided to tackle the issue of illegal parking across the city by providing designated plots at few most congested areas in the city. This move has taken after several failed campaigns against unauthorised parking. Now the authority have invited bids to construct parking lots at seven different spots across the city. The [...] Continue Reading »

Sahara’s appeal to Sebi: Verify repayment to investors

Sahara’s appeal to Sebi: Verify repayment to investors
Sahara has caught up in legal battle between Sebi and Supreme Court’s order to refund Rs 19000 crore to the investors. The firm is directed to deposit the amount with Sebi. In order to verify the authenticity of claims of repayment made by the two Sahara companies – Sahara India Real Estate Corporation and Sahara [...] Continue Reading »

30 properties in Pune sealed for not paying property tax

30 properties in Pune sealed for not paying property tax
Pimpri Chinchwad Municipal Corporation (PCMC) has recently sealed about 30 properties in the city for not paying property tax in time. The property tax department of the civic body had already sent notices to these properties in Pune and 353 prominent defaulters had been reminded for not paying the taxes in the given time frame. Around [...] Continue Reading »



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