Cities
New Delhi- A survey made by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has revealed that over half of the total malls in Delhi-NCR are lying vacant. Currently Delhi-NCR is witnessing 55 percent of total vacancy in malls. The mall vacancy rate of other prime cities of India are 52 percent in [...] Continue Reading »
Hyderabad - Hyderabad real estate market has shown some stability in the second half of 2012. This ensures growth of city’s realty market in 2013. After a half year spent in Telangana issue, many developers are now back to their uncompleted projects with a good demand of buyers. Currently the city has the lowest property rates as [...] Continue Reading »
Delhi/NCR: The complaints of the residents over travelling a long distance to pay tax has paved way as the tax payment has been made easier by the MCG. The Municipal Corporation of Gurgaon (MCG) has come up with a decision to revamp the complete house tax payment system. The MCG has merged with various private [...] Continue Reading »
The Kanakapura road’s condition is deteriorating as well as the traffic gives the people in the area nightmares. Once a lush green area, Kanakapura has become a bustling commercial suburb after it became a part of the National Highway 209. The life of locals in this area and the commuters travelling on this road is [...] Continue Reading »
New Delhi- With major fluctuations in the Indian realty market over the past few years, experts expect that the year 2013 will create a developing uproar in the sector. The key reason would be government’s positive approach towards the revolutions and moderation pertaining the interest rates. The year 2013 will see the Land Acquisition and the Real [...] Continue Reading »
Ghaziabad- Growing number of high rises, malls and housing societies have influenced the demand for elevators. Along with the residential developments, commercial and industrial projects too have been contributing to the elevator sales. Though usage of lifts in NCR started around 25 years ago, the growth in the segment picked up speed in the [...] Continue Reading »
Chennai- A skywalk will soon be constructed over Poonamallee High Road which will connect eight locations on either side of the arterial road. According to the present design this skywalk will cover a distance of 600 mts and will connect Chennai Central station, the Mooe Market complex, Pallavan Salai, Wall Tax Road, Government General Hospital, Evening Bazaar and [...] Continue Reading »
New Delhi- The year 2012 saw a dip in the office space absorption of about 23 percent with 29 million sq ft in all the major cities. With the flourishing global uncertainties and Indian economy slowdown, corporates in major cities were quite alert about expanding their business midst such market conditions. The 8 major cities, NCR, Mumbai, Bengaluru, [...] Continue Reading »
The residents of ‘O’ block in IBC Platinum City apartments claimed that they are not provided any facilities which were promised by the builders at the time of buying flats in Bangalore. The apartment is situated on HMT Link Road off Tumkur Road which has 616 flats with commercial complexes and a huge swimming pool. [...] Continue Reading »
New Delhi- Over Rs 15,000 crore of several infrastructure development firms has been locked up in the ongoing highway projects as the concerned officials are not ready to approve excess cost for projects even though the costs are legitimate. All such additional payments made over extra works and costs, which are permitted during road construction works, has [...] Continue Reading »
