Cities
New Delhi- A new expressway has been planned to be built between Delhi and Ludhiana similar to the stretch between Delhi and Jaipur. In this regard, the road transport and highways ministry has planned a meeting of chief ministers from Punjab, Haryana and Delhi on January 16. Once the three chief ministers give their consent [...] Continue Reading »
Brihanmumbai Municipal Corporation (BMC) is planning to frame a new policy to keep noise pollution to minimal at construction sites. With increasing construction of properties in Mumbai, noise pollution is also on a rise. The number of complaints related to noise pollution is increasing day by day. A policy is needed to keep a check [...] Continue Reading »
The biggest real estate developer, DLF was suggested by Competition Commission of India (CCI) to modify the apartments buyer’s agreement of Belaire project along with its two other projects, Park Plaza and Magnolia. The whole modification to the apartment buyers agreement takes place by following a direction from the Competition Appellate Tribunal ( COMPAT) which [...] Continue Reading »
Kochi- As the project work of Kochi metro was handed over to the Delhi Metro Rail Corporation (DMRC), it has invited tenders within few days of the formal announcement. A high level meeting was arranged with all senior concerned authorities to decide the taker of Kochi Metro. Although the role of DMRC is small on papers [...] Continue Reading »
This year, the gross domestic product (GDP) growth rate of India has seen a down fall. It is expected that the reforms implemented by the government recently will help improve the real estate market next year. Over the past two years, the city has witnessed ample launches, which resulted in significant unsold inventory spread across [...] Continue Reading »
Affordable housing remains the most critical issue in Gujarat, say experts. Experts from various sector opine that the issue has reached critical dimensions due to the state’s high urbanization growth rate compared to other states. The state witnessed political clashes during assembly elections based on the issue. Gujarat Congress declared ‘own house’ or ‘Ghar nu [...] Continue Reading »
Chennai- Residents of Panagal Park and T. Nagar were fed up of illegal parking and huckster encroachment. Thus a group of residents took ‘protective shelter’ at R1 Mambalam police station on January 13, 2013. Finally cops assured them to look into this matter seriously with suitable changes to traffic regulations and pointed out Chennai Corporation’ responsibility to handle encroachments. [...] Continue Reading »
New Delhi- The drum beating technique which was carried out in front of tax defaulters’ houses have not been that effective. Due to the non-payment of property taxes by the government and semi-government departments, the South Delhi Municipal Corporation (SDMC) will attach the bank accounts of all these offices to the civic body. As per the [...] Continue Reading »
The new concept of ‘group buying’ is fast catching up with the home buyers in the city. Around 10-12 like minded families come together and approach a real estate developer for booking apartments. This helps in a better bargaining position for the home buyers. Group buying helps buyers to have higher discount while buying properties. [...] Continue Reading »
Hyderabad- As the real estate market of Hyderabad gets stable, developers are now focusing more on plotted development projects with a new trend. They are gearing up for a turnaround in sales because they see 2013 a better year than 2012. These plotted development projects in and around Hyderabad are undergoing a big change. This [...] Continue Reading »
