Cities
With the sanction of 8 percent TDRs (Transfer of Development Rights) by the state government,the real estate sector in Pune is expected to boom. This move was taken for reserving the Bio Diversity Park (BDP) areas which will free up 62 lakh sq ft of green TDRs, which in turn will reduce property prices. The [...] Continue Reading »
The Government of Haryana is now looking forward to set up the Real Estate Regulatory Authority so that the real estate sector continues to boom and also to prevent the unscrupulous realtors from targeting the property buyers. According to sources, Gurgaon developers said that regulatory bill is a complicated long procedure. This new regulation will lengthen [...] Continue Reading »
Dreamz Sarovar is a luxury residential project by Dreamz Infra which is loacted at Silk board. The project offers 2 and 3 BHK apartments with built up area ranging from 925 sq ft to 1600 sq. ft. The price falls in the bracket of Rs 28 lakh to Rs 48.43 lakh. Amenities and Specifications: Dreamz Sarovar is [...] Continue Reading »
As per data with the Brihanmumbai Municipal Corporation (BMC), around 81 % of the properties in Mumbai remain unaffected from the recent hike in property tax. With the new capital value-based property tax system in place, the citizens have been unhappy regarding the same and many plan to contest in High Court. However, 81% of [...] Continue Reading »
Supreme Infrastructure India Limited (SIIL), which has completed several projects by various Central Government agencies, State Government agencies, Municipal Corporations, Corporate Houses has bagged six work orders worth Rs 505 crore across five states of India. The six orders include a contract for building an additional office complex for the Supreme Court of India in [...] Continue Reading »
The provision of suggesting civic budget by the citizens in Pune seems to be failing. Pune Municipal Corporation is not able to implement the suggestions, despite having budgetary provisions. The civic body had launched the initiative of citizens’ participation in the preparation of budget in 2007-08. After the launch, it has seen an increase in [...] Continue Reading »
After a lot of issues regarding the groundwater usage by the developers of the Noida, the Noida authority has now forced the builders to get no objection certificate from the central groundwater authority( CGWA) to get their building plans sanctioned. It is made mandatory for the builders who are constructing projects including residential, commercial, institutional [...] Continue Reading »
Pune – The cost of two corridors of Pune metro has been revised and is increased by over Rs 2000 crore. It is because the Pune Municipal Corporation (PMC) delayed in approving this metro project in city. The Pune metro rail project will have two phases with two corridors each. Phase I corridors are Pimpri-Chinchwad-Swargate [...] Continue Reading »
Noida: Rising rentals in Delhi and scarcity of office space have made many businessmen to set up offices in Noida since the the rental rates in Noida are still in affordable range. Noida Expressway is witnessing significant rise in office employment. The businessmen and employees are finding difficulty in travelling from Noida to their offices [...] Continue Reading »
Unconvinced with the new way of calculating property tax, citizens in Mumbai are planning to move to Bombay High Court regarding the same. The new method is based on the capital value-based system. The major concern of the residents lies with the ground realities which affects a property’s price, are not taken into consideration in [...] Continue Reading »
