Cities
Pimpri Chinchwad New Township Development Authority (PCNTDA) has planned to build around 1164 low cost houses in Chinchwad. The body has about 4.5 hectares of land in Walhekarwadi of Chinchwad. The flats will be of two sizes measuring 280 sq ft and 390 sq ft. Clusters of six to seven buildings will be built. The authority has [...] Continue Reading »
With the development of Yamuna Expressway, the land prices in this area have trebled and is now valued between Rs 25,000 to Rs 30,000 per square yard. Land mafia is now eyeing on the highly priced land along this area. Recently, the Yamuna Expressway Industrial Development Authority commented that mafia began to show interest in colonizing tracts [...] Continue Reading »
Gandhinagar- A plot in Gandhinagar’s prime commercial area, which was a property of Calico has been sold at Rs 2.17 crore. Four years ago, the same plot, having a total area of 131.25 square metre, was valued to be worth nearly Rs 50 lakh. But surprisingly it has now fetched Rs 2.17 crore, signifying a [...] Continue Reading »
The foundation ceremony of the much awaited bridge, project Malpe-Padukere Bridge over Udyavar rivulet was held at Padukere this month. The bridge is expected to benefit around 8,000 residents approximately 1,200 houses of Padukere to reach Udupi through a shorter route. At present, the residents are taking the route that goes through Mattu and Katapady to [...] Continue Reading »
The Brihanmumbai Municipal Corporation (BMC) seemed to have juggled up the guidelines to calculate the new property tax system. The property tax under the capital value-based system has missed out on some key factors to compute the same. The civic body has not taken into account several factors like leased and freehold land as well [...] Continue Reading »
Jamshedpur- The recent proposal of the regulatory bill which aims at protecting the rights of the prospective realty buyers has received varied responses. The bill was introduced by the Union urban development minister Ajay Maken and will be presented in the upcoming Budget session of the Parliament. The budget which has received mixed responses from the industry players [...] Continue Reading »
The Pune Municipal Corporation has recently given green signal to the hike of 6% in property tax. It will definitely put a lot of pressure on the citizens. With the hike in property tax, PMC is expecting an additional revenue of Rs 40 crore. Maharashtra NavnirmanSena had joined hands with NCP to put a stay [...] Continue Reading »
Hyderabad- The city’s latest initiation of the secret pin for delivering mobile water tankers have disappointed many working couples and singles. The secret pin in Hyderabad city was introduced by the Hyderabad Metropolitan Water Supply and Sewerage Board. There were complaints by the residents that except maid servants there are usually no one at home. Servants find it [...] Continue Reading »
Chennai- Water problems in Chennai has always been an issue resulting in conflicts with the neighboring state. Perhaps the problems have come to an end as the city’s water supply will be boosted with the additional supply from the Veeranam Lake. According to an official from the water board department, the Veeranam Lake which contains 0.03 thousand million [...] Continue Reading »
Nagpur- Nagpur Improvement Trust (NIT) is likely to introduce five new improvement schemes with the ‘small town’ pattern which was a success in Ahmedabad. Last year, NIT had announced Kirmiti improvement scheme (9.58 sq km), which was its first improvement scheme on the lines of the ‘small town’ concept. The five new schemes proposed by [...] Continue Reading »
