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BBMP’s biased view on illegal buildings

BBMP’s biased view on illegal buildings
While BBMP takes stringent action against EWS (economically weaker sections) quarters at Ejipura by demolishing shanties as its occupants had been living there illegally, the Palike and the Bangalore Development Authority (BDA) have turned a blind eye towards several other cases in the city. The Palika had not taken any action against some builders in [...] Continue Reading »

Sohna Road gets more appreciation than Golf Course Road Extension

Sohna Road gets more appreciation than Golf Course Road Extension
New-Delhi- One of the key factors which influence the property prices is the location followed by other attributes. The location of a project defines if the project is premium, mid-ranged or affordable. The Golf Course Road Extension and Sohna Road are two such areas which have innumerable apartments in Gurgaon wherein the first area has premium units [...] Continue Reading »

Second phase repairs of Kalindi Kunj bridge causes traffic jam

Second phase repairs of Kalindi Kunj bridge causes traffic jam
Noida- With the repair work being  carried out on the second phase of the Kalindi Kunj bridge, Noida commuters will not be able to use the flyover to travel to Delhi. Most parts of Noida and the DND Flyway has been witnessing grave traffic snarls due to the repair and barring of Kalindi Kunj bridge. This caused [...] Continue Reading »

HUDA city center shopping complex to open in September

HUDA city center shopping complex to open in September
New-Delhi- After a delay for quite few months, the HUDA city centre shopping complex is all set to open to the public in September. The project was delayed due to the cancellation of tenders in the past as there were very few suitable bidders. According to an DMRC (Delhi Metro Rail Corporation) official, the allotment [...] Continue Reading »

Finance Ministry frets about NHAI not using bond funds

Finance Ministry frets about NHAI not using bond funds
New-Delhi- The inability of the National Highways Authority of India (NHAI) to completely use the revenue generated through the tax-free bonds in the previous fiscal has created a lot of tension at the finance ministry as they have expressed their concern. Due to the project awards being stuck, the agencies on the highways are compelled to keep Rs. [...] Continue Reading »

NHAI to build the longest highways until 2013

NHAI to build the longest highways  until 2013
New-Delhi-  As per their plan of the NH Development Programme during 2012-13, the National Highways Authority of India (NHAI) has aimed to construct at least 2,800-2,900 km highways. This will be the NHAIs highest ever completion in the history. As per sources, the longest ever NH construction recorded until now is 2,693 km in 2009-10. As per an official from [...] Continue Reading »

Property sales in Mumbai went down against December 2012

Property sales in Mumbai went down against December 2012
Most part of the previous year witnessed slump in real estate market. However, December 2012 saw a substantial recovery in home sales registrations. But according to the market experts, the rise in property registrations was only due to marketing gimmick and not a sign of revival. As per data from the Director General of Registrations, [...] Continue Reading »

Bangalore developers lower prices to attract buyers

Bangalore developers lower prices to attract buyers
Many Bangalore developers have lowered prices to lure buyers mid to upper-mid segment as the premium property segment struggled a lot to sell last year. Sale in luxury segment did not even meet 50 percent of the target despite promotions, pre-launches and launch offers which has created a fast change in the set of offerings [...] Continue Reading »

Monorail project will change Delhi public transport system: CM

Monorail project will change Delhi public transport system: CM
The monorail project will change the public transport system in east and north-east Delhi, as per Chief Minister, Sheila Dikshit. The CM said implementing Nand Nagri railway under bridge (RUB) Road Number 68 will ease the traffic congestion and also with this, road the neighbouring places like Guru Teg Bahadur Hospital and Rajiv Gandhi Hospital [...] Continue Reading »

South Corporation to sanction building plan online

South Corporation to sanction building plan online
A noteworthy step taken by South Corporation of Delhi has helped property owners to get their building plans sanctioned easily by making the the process online. Now, South Corporation will be sanctioning building plans online including special areas, village abadi areas and also unauthorized and regularised colonies. During the launch of the project in 2011 [...] Continue Reading »



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