Cities
Hyderabad- The Hyderabad metro rail project will soon have aerial 25 KV power line across 72-km viaduct. This line will be constructed in three corridors. The concerned authorities initially thought to go for prevalent trend in Europe of having power line between tracks. But later on discussions with experts and studying the power systems of some existing [...] Continue Reading »
Chennai- On December 31 2012, Chennai Corporation has declared the facility of online tax payment. Now the residents of Sholinganallur, Perungudi , Valasaravakkam , Alandur and other 15 newly extended zones can pay their taxes online. The database of Chennai corporation has also been updated. Now many residents living in other parts of the country and NRIs who [...] Continue Reading »
The National Bank for Agriculture and Rural Development (NABARD) to provide Rs. 192.38 crore under the Rural Infrastructure Development Fund (RIDF) for improving roads and building bridges in Karnataka. The civic body is planning to beautify 189 roads and 42 bridges will be built across the State. The project for improving road work and construction [...] Continue Reading »
Delhi/NCR- One of the upcoming realty destination is the Gurgaon-Faridabad road which has been witnessing a remarkable realty development due to the constant infrastructure improvement and easy connectivity. An array of residential and commercial units have been launched in this area. Due to the fast paced and future developments in this area, the authorities have allotted about [...] Continue Reading »
Delhi/NCR- As per various real estate experts, the year 2013 has been predicted to be quite strenuous for the industry due to the rising cost of input materials, the labor and the increasing interest rates. Not just this, the enormously increasing demand of the sector will eventually result in increased property prices. However, various experts had different predictions about the industry this [...] Continue Reading »
Delhi- Delhi investors are excited at the proposal of development of country homes in the green belt of Delhi – in Zone N (Northwest) and Zone L (Southwest). These zones have recently witnessed the release of agricultural land. Delhi Development Authority (DDA) has proposed that farmhouses of one-acre size shall be constructed in the green [...] Continue Reading »
Hyderabad- The Greater Hyderabad Municipal Corporation’s (GHMC) budget proposal for 2013-14 financial year is stuck up for approval. This is because Majlis-e-Ittehadul Muslimeen (MIM) and Bharatiya Janata Party (BJP) are not assembling for the council meeting. The mayor of MIM is reluctant to gather for this meeting. On December 13, the proposed budget (Rs 3,800 crore) of Greater Hyderabad [...] Continue Reading »
Ghaziabad- Northern Peripheral road connecting NH-24 with North Delhi is expected to boost up the real estate business by about 10 to 15 percent. Ghaziabad Development Authority (GDA), in collaboration with Central Road Research Institute (CRRI) planned the road project and the estimated budget for this project is Rs 440 crore. It is expected to [...] Continue Reading »
The BBMP has finally decided to withdraw the three percent garbage cess on the property tax collected from bulk generators in the Palike council meeting. The cess had become a argument between the bulk generators and the civic agency. The high court questioned Palike about the logic behind imposing garbage cess when the bulk generators [...] Continue Reading »
Kolkata- The real estate market of Kokata is gaining momentum despite many issues regarding faulty land acquisition policy. It is expected that it will show good growth in 2013. The year 2102 witnessed varied growth across many areas of Kolkata. Areas like Narendrapur, Kalikapur, Behala and New Town Action Area II reported maximum appreciation. While areas [...] Continue Reading »
