Cities
Hyderabad- The Greater Hyderabad Municipal Corporation (GHMC) has decided to take more time to clear the pending Building Penalisation Scheme (BPS) applications. This happened because the melas conducted for this purposes did not prove fruitful. The Municipal Administration and Urban Development (MA&UD) department asked the Hyderabad corporation to clear 27,000 applications by December 31, 2012. But GHMC has completed [...] Continue Reading »
Cuffe parade, an affluent locality in South Mumbai is now in high demand. The well planned area offers lifestyle and amenities both. The main plus points of this area are strategic location, increased rental activity, upcoming new projects by Mittal Grandeur, Lodha Group and so on. Apartments for rent in Cuffe Parade has gone up [...] Continue Reading »
New Delhi- National Housing Bank (NHB) is planning to offer a special refinance scheme to mortgage lenders for loans to urban low-income housing groups to buy affordable houses. With this move, the housing finance regulator is likely to create a long-term market for fixed-rate housing loans and boost affordable housing. The new refinance scheme for [...] Continue Reading »
Noida- The Greater Noida West developers are continuously in trouble with unending woes. Apart from just the farmers demanding their compensation for their developed plots, the buyers as well are contributing to it by threatening to stage a protest on January 20. Thousands of agitated home buyers were present outside the Supertech office in Sector 58 to pour [...] Continue Reading »
Delhi-NCR- The realty industry in Delhi-NCR has gained pace since 2012 despite the land acquisition issues and project delays. Perhaps this year the Indian realty market will experience a shoot due to the fast paced infrastructure, better connectivity and new developments. All of the above features not only attract the end-users but will also better [...] Continue Reading »
New Delhi- The two Sahara group firms who are subjected to refund a sum of Rs. 24,000 crore to their investors will have their plea heard by the same bench which had refunded on August 31 2012. The Sahara firms are subjected to pay 15 percent interest to their investors. The bench which had refunded will be [...] Continue Reading »
The residents who come under the Panshet flood affected housing scheme have demanded increase in floor space index (FSI) in their residential agreements. The Development Plan (DP) of Pune which is on hold for now has been asked for an amendment to provide extra FSI. The DP for old city areas is on hold with [...] Continue Reading »
The Bruhat Bengaluru Mahanagara Palike (BBMP) has submitted a report on the amount spent on garbage disposal, including salaries paid to pourakarmikas. They have spent Rs 25,708 lakhs on salaries of pourakarmikas, health inspectors and vehicles in the last four years, according to BBMP. Last week, the High Court asked BBMP to furnish this information. At [...] Continue Reading »
Delhi-NCR- With a nod on the Master plan of Greater Noida by the style committee of the NCR Planning Board, the Noida Extension associates are relieved off a greater burden. For the first time since a year, the Greater Noida Authority along with farmers and developers who are about one lakh in number are planning to [...] Continue Reading »
New Delhi- The Delhi residents can now heave a sigh of relief as the government has relaxed the norms pertaining the construction of extra floors in residential flats with multiple ownerships. This step by the government was taken in order to eradicate corruption and get the building plans of the owners sanctioned as early as [...] Continue Reading »
