Cities
The civic administration of Pune has made a proposal to increase the property tax by 8 percent for the financial year 2013-2014 by pushing up the general tax structure. The rate of taxes are finalised every year by the civic body, as per section 99 of the Bombay Provincial Municipal Corporation (BPMC) Act, 1949, and places the [...] Continue Reading »
The Pimpri Chinchwad Municipal Corporation (PCMC) is planning to widen the Spine Road at Triveninagar in Talawade by 600 meter to reduce the traffic snarls. The Spine Road is an important link road which is 14 km from the Mumbai-Pune highway to the Pune-Nashik highway. The road has been developed by the Pimpri Chinchwad New [...] Continue Reading »
Mangalore- Mangalore City Corporation Commissioner Harish Kumar has emphasized on starting a helpline for the people to lodge complaints about non-collection of garbage from their locality. The garbage helpline would also be made available for registering complaints related to street lights, water supply and underground drainage system. The Corporation has already issued work orders for [...] Continue Reading »
Coimbatore- This year Coimbatore Corporation will exceed the budget estimates which will increase its profits. This surplus is on account of better inflow of revenue under the ‘non-tax’ category. The revenue earned by the government is majorly categorized in two parts.- Tax revenue and non-tax revenue. The tax revenue includes revenue generated from property tax, water charges, etc and is utilized [...] Continue Reading »
The state government told the Bombay High Court that no autos or taxis in Mumbai without e-meters will be allowed from March 1, 2013. Earlier the court approved a deadline of March 31, 2013 for autos and April 30, 2013 for taxis. However, the state government said that they are planning to pre-pone the [...] Continue Reading »
Bangalore- With the approval of proposed land acquisition bill, the property prices in India are likely to increase, estimate real estate experts. The land prices and house rates are expected to increase and this is not a good progress for the real estate sector, alleged Lalit Kumar Jain, National President of Confederation of Real Estate [...] Continue Reading »
If you are a regular traveller via the Kalanagar junction then a good news for the commuters especially to and from the Bandra-Kurla Complex is the city’s business park. To save travelling time, the Mumbai Metropolitan Region Development Authority (MMRDA) is planning to come up with two tunnels and a flyover connecting BKC. The flyover [...] Continue Reading »
Coimbatore- The solid waste generated by Greater Hyderabad Municipal Corporation (GHMC) can now be utilized for generating 40MV of power. The amount of municipal waste generated by GHMC is 3100 metric tonnes. Municipal corporation’s Public, Private Partner (PPP) Ramky Enviro Engineers will set the power generation plant at Jawaharnagar dump yard in Kapra which is expected to [...] Continue Reading »
Delhi being a hub of industries, infrastructure along with the metro connectivity reaching far ends, the real estate market in the sub cities of the capital are developing in a great speed. Bhartiya Group’s founder and chairman Snehdeep Aggarwal spoke that, in past no body even thought of model or hub, but now developers are [...] Continue Reading »
Bangalore- Private Equity exits have significantly decreased as compared to last year, as the liquidity in the market is limited and several PE firms have been waiting for better returns. Real estate in India has witnessed around $288 million of PE fund exits in 2012 while it had seen the exits of around $457.32 million [...] Continue Reading »
