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NHAI uploads report of 26 projects on its website

NHAI uploads report of 26 projects on its website
The detailed status report of the 26 projects by National Highways Authority of India (NHAI) has been put on its website on the back of a face-off with minister of environment and forests (MoEF) over delayed green clearances for several road projects. The authority had posted all the details of each of the project, describing [...] Continue Reading »

Haryana’s new policy to benefit BPL families

Haryana’s new policy to benefit BPL families
Chandigarh- Haryana’s new housing policy is expected to benefit over 3.5 lakh families below the poverty line (BPL) and the economically weaker sections (EWS) in the state. These sections will also avail assistance from the state government for  the construction of houses as per the new housing policy. A state level meeting which was held to address [...] Continue Reading »

BBMP to review property tax details

BBMP to review property tax details
BBMP is going to undertake a special drive for reviewing the details submitted by the property owners who have misused the Self-Assessment Scheme (SAS) system, particularly in relation to properties above 3,000 sq ft. BBMP commissioner ordered the spacial team to complete the review process by end of March. The Palike has formed 25 special [...] Continue Reading »

Autonomy to be granted to housing societies

Autonomy to be granted to housing societies
Mumbai- The governor of Maharashtra signed the long awaited 97th constitutional amendment which is expected to give the housing society committees autonomy. Although there have been various mixed responses from the activists and property lawyers, the powers of Deputy Registrars will be minimized with societies being granted the independence they have been craving for. The amendment article was introduced as [...] Continue Reading »

Upcoming budget likely to boost affordable housing

Upcoming budget likely to boost affordable housing
Delhi- Focusing towards the requirement of the middle class buyers, the upcoming budget is likely to give a boost to the affordable housing sector. The government’s main intention will be to push the number of homes with price tags around Rs 20 lakh. It can be achieved through offering incentives like tax breaks, easy loans, [...] Continue Reading »

Real estate projects freeze due to SEBI’s actions

Real estate projects freeze due to SEBI’s actions
Many projects of Sahara Group of Companies are under the freeze due to the actions by the Securities and Exchange Board of India (Sebi). The order by Sebi is based on an affidavit filed on behalf of Sahara India Real Estate Corporation and Sahara Housing Investment Corporation to the Supreme Court and in the document [...] Continue Reading »

Hyderabad, world’s second most affordable office market

Hyderabad, world’s second most affordable office market
Bangalore- According to a survey, Hyderabad is the second most affordable office market in the world after Surabaya which is in Indonesia. Cities like Chennai and Pune are  in the fifth and sixth positions for the most cheapest office destinations for the foreign firms looking to start up operations. According to a survey consultant, the [...] Continue Reading »

Property tax assessment clarified by corporation

Property tax assessment clarified by corporation
Coimbatore- The corporation has started assessing the city’s property tax when a set of questions were put forth. Questions like is the Corporation right in taking into account the plinth area or carpet area while assessing property tax were presented. This question has been posed under the Right to Information Act to the Corporation. The corporation [...] Continue Reading »

Chennai’s Royapuram subway to open next month

Chennai’s Royapuram subway to open next month
Chennai-  After a wait of five years, the residents of Old Washer­menpet and Royapuram is to get a vehicular subway on Monegar Chou­ltry Road near Stanley Medical College all complete. The subway construction began in March 2008 and is expected to complete by the next month. According to an official, about 80 percent of the subway construction [...] Continue Reading »

Mysore and Tumkur residents get Aadhaar card

Mysore and Tumkur residents get Aadhaar card
Deputy director-general of Unique Identification Authority of India said that they have issued Aadhaar numbers to over 90% of those who have enrolled for it in Mysore and Tumkur road. In Dharwad, the enrollment process in under way. People who have not got Aadhaar number can check the status online, and if their application is [...] Continue Reading »



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