Cities
Kochi- The widening of Banerji road will start from Monday by the Delhi Metro Rail Corporation (DMRC) as a part of the next phase of preparatory works for Kochi Metro. The work on the project has already been started and the contractors have started mobilizing resources required for the work. As per metro officials, the road [...] Continue Reading »
Developers from small cities are eying on the real estate sector of Mumbai. Mumbai real estate has been rising in recent times, though it is known as one of the toughest property markets owing to difficult building regulations, shortage of land and high prices. Builders from Kolkata, Pune and Bangalore are entering into Mumbai real [...] Continue Reading »
Element Capital, a real estate-focused private equity firm is in the process of launching a billion-dollar fund. They are planning to invest the amount in low-income housing, as it looks to take advantage of a revive property market. According to fund manager, the Element value Housing Fund is expected to launch by this August, has [...] Continue Reading »
Delhi- An advisory committee reviewing land laws in Delhi has planned to allow the owners of small plots to merge land and make it a bigger space. The advisory panel on mid-term review of the Delhi Master Plan 2021 (MPD-2021) has recommended that only the plots with an area up to 64 square meters are [...] Continue Reading »
BBMP is going to start a drive to recover the the pending tax amount from the tax defaulters. The civic body has decided to flash the name and photographs of the tax defaulters on hoarding at major traffic intersections. So if you are a property tax defaulter, beware! In addition to this, Palike is planning [...] Continue Reading »
New Delhi- The Delhi Development Authority has planned to auction 38 residential plots located in different areas across the city. The auction will be held for three days, on March 13th, 14th and 15th, at the DDA auction hall, D-block in Vikas Sadan. The auctioned plots will be available on a freehold basis in areas [...] Continue Reading »
Agencies providing security for the city’s private and the public sector including apartments are facing severe shortage in manpower. The reason for the shortage is that the states from where the city agencies recruit manpower have launched various welfare schemes targeted at young men to migrate to other cities in search of jobs. A huge [...] Continue Reading »
New Delhi- Real estate in India, in the present year 2013, seems to have a good start with many new launches, interest rate cuts, and quicker project approvals in progress. Finance minister P Chidambaram identified that many incomplete stalled projects could be resumed construction if supported by financial institutions. Reserve Bank of India (RBI) is [...] Continue Reading »
South Delhi Municipal Corporation (SDMC) is tangled in pending tax issues related to the Feroz Shah Kotla stadium. However, citing a court order against any coercive action on DDCA, SDMC has become moderate about the issue. South corporation mayor Savita Gupta told that the Delhi District Cricket Association’s (DDCA) requested the corporation to permit them [...] Continue Reading »
Residents of Delhi are shocked to see their water bills. A resident has received bill amounting to Rs. Rs 14,340 whereas, the bill till last January was Rs 6,151. This is not the only case, there are more similar cases like this, where amount in the bill is just unimaginable. A Vasant Kunj resident’s bill [...] Continue Reading »
