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Chennai-based Lancor Holdings gets 6.5 acres on GST Road

Chennai-based Lancor Holdings gets 6.5 acres on GST Road
Chennai- Lancor Holdings, Chennai based leading developer has announced that it has acquired 6.5-acres plot near Maraimalai Nagar on the GST Road for Rs 40 crore. The company in a regulatory filing with stock exchanges disclosed the purchase of 100 percent equity shares of L&T Commercial Projects Pvt Ltd. However, the firm did not reveal [...] Continue Reading »

Negligence of Railways leads to deaths of residents

Negligence of Railways leads to deaths of residents
Chennai- Broken boundary wall near the Rangarajapuram flyover has become a death trap for residents. A resident was trying to cross the railway track when he was hit by the moving train leading to his death on the spot. The death of S.Rajagopalan was the fourth within a month and many people have got injured, [...] Continue Reading »

Delhi properties likely to see 69% hike

Delhi properties likely to see 69% hike
Delhi- After five years from now, a common man would find it very difficult to afford a house in Delhi, predicts a survey. The current average price of a house in Delhi is Rs. 1.93 crore whereas in the next five years, it is estimated to hit Rs. 3.27 crore which signifies an increase of [...] Continue Reading »

Tumkur Road merges into Bangalore realty

Tumkur Road merges into Bangalore realty
Bangalore- Tumkur Road, once considered as a village in the outskirts of Bangalore, has now transformed into a part of the city owing to its rapid growth in real estate sector. Expanding residential realty market of Bangalore has gradually brought in many of the suburban areas under the city limits. Being located at a distance [...] Continue Reading »

Luxury market demand grows in Bangalore, Chennai

Luxury market demand grows in Bangalore, Chennai
Bangalore/Chennai- Luxury residential segment has been observing significant rise in demand in the top seven cities of India. Over 200 luxury residential projects were launched between 2008 and September 2012. Among all the cities, Bangalore alone holds 21 percent of share during the first three quarters of this year while Chennai holds 20 percent. Fast [...] Continue Reading »

Dilapidated structures in New Market area pose threat for residents

Dilapidated structures in New Market area pose threat for residents
The Bhopal Municipal Corporation (BMC) has send notice to the owners of dilapidated buildings to demolish or reconstruct them as it poses risk to life of consumers, residents and shopkeepers. However, no actions have been taken regarding this from owners side yet. The BMC has marked around 217 buildings which are in bad shape and [...] Continue Reading »

Better appreciation expected from township flats

Better appreciation expected from township flats
The premium housing tradition with Bangalore is expected to obtain more appreciation with the introduction of involving all-under-one-roof walled city strategy. The majority of the basic amenities are given within the campus, cutting down the particular tours of denizens under this concept. The cost appreciation throughout integrated, walled townships is at least 30% a lot [...] Continue Reading »

Properties near metro lines to pay extra tax

Properties near metro lines to pay extra tax
The Delhi Government is thinking seriously over the proposal to assess extra tax on the properties available for sale along the metro rail and bus rapid transit (BRT) corridors. This is to reduce the process of renewal and rebuilding of houses and stores of middle-class individuals and families. This proposal will help the general public [...] Continue Reading »

It’s corporates’ turn to clean lakes in Bangalore

It’s corporates’ turn to clean lakes in Bangalore
Bangalore- Over 40 employees of Deloitte gathered on the banks of Ulsoor and Uttarahalli lakes in order to clean them up. Joining hands with the United Way Bengaluru’s ‘Wake the Lake’ campaign, the employees stepped forward to clean up the natural water bodies. The day was observed as the corporates’ annual Impact Day which is [...] Continue Reading »

Citizens complain against civic body and developers

Citizens complain against civic body and developers
After a fire broke out on the fifth floor of a tower in Ahimsa Khand-II of Indirapuram, the Resident Welfare Association (RWA) members lodged a complaint against the Ghaziabad Development Authority (GDA) and the developer of the project for not putting proper safety measures in the society. However, the fire broke out due to short [...] Continue Reading »



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