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Illegal buildings near IAF depot demolished by MCG

Illegal buildings near IAF depot demolished by MCG
Gurgaon- In an attempt to get all the authorized buildings under Gurgaon’s jurisdiction, the Municipal Corporation enforcement wing aimed at innumerable structures which were under various stages of construction. These structures fell under the localities within 900 metres of the IAF ammunition depot. An order by Supreme Court addressed that no construction should be taken place in this zone. However, the demolishing was [...] Continue Reading »

Power generation affected due to technical issues

Power generation affected due to technical issues
Hyderabad- The technical snags which resulted in constant thermal power plant breakdown are eventually affecting the power supply in the state. About  1100 MW of thermal power generation was affected due to the technical issues of the five thermal plants. The key reason for the  recurrent occurrence of snags was due to lack of the annual shutdown and capital maintenance. [...] Continue Reading »

Flat owners show ways to tackle waste

Flat owners show ways to tackle waste
Above 90 apartment complexes in the town have tied up with the Confederation of Real Estate Developers Association of India (CREDAI) to set up bio-bins in their compound to help deal with the particular rubbish managing problems. They have installed four bio-bins to process the garbage collected from 86 apartment units in the complex. They [...] Continue Reading »

Water conservation drive to be launched by government

Water conservation drive to be launched by government
Hyderabad- In order to curb the  acute problem of depleting ground water levels in Hyderabad, a latest technique of educating the citizens regarding the ways of water conservation has been initiated by government departments. This drive was followed by an event; a painting competition which aimed at educating the school children has been held. This event [...] Continue Reading »

Exceptional bills to be detected by the DJB online billing system

Exceptional bills to be detected by the DJB online billing system
New Delhi-   In a latest innovation by the Delhi Jal Board, the errors of  an increased or a decreased bill will be sorted out by the exceptional billing account which is the new online billing system. According to Debashree Mukherjee, CEO, DJB, they had planned to launch the portal during the first billing cycle but were not able [...] Continue Reading »

Thalambur to witness largest villa project

Thalambur to witness largest villa project
Chennai- Leading real estate player of Chennai, Casa Grande, has just launched the largest villa project at Thalambur in Old Mahabalipuram Road (OMR). Spread across 18-acres of land in the city’s IT corridor, the project “Casa Grande Pavilion” will offer 350 residential units including independent luxury villas, twin villas and row houses. The amenities include [...] Continue Reading »

Real Estate Regulatory Bill expected to be tabled during Winter Session

Real Estate Regulatory Bill expected to be tabled during Winter Session
CREDAI has criticised the proposed real-estate regulatory bill by saying it is anti-people, which is expected to be tabled this winter season. The bill seeks to determine some sort of regulatory authority for the real estate sector. The Confederation of Real Estate Developers Associations of India (CREDAI) classified the Bill as anti-people and said the [...] Continue Reading »

South Corporation states that 25% park lights do not work

South Corporation states that 25% park lights do not work
New Delhi- In a house meeting by the South Corporation, it was stated by them that about 25% park lights are not functional, followed by fewer parks not having streetlights and high-mast lights. Despite repeated complaints by the councilors to the zonal office, there was seldom any action taken against it. The Southern Zone has a total of 714 [...] Continue Reading »

Taxpayers entitled for deduction on capital gains too

Taxpayers entitled for deduction on capital gains too
Chennai- Income-Tax Appellate Tribunal (ITAT) of Chennai affirmed that the interest on home loans will continue to be out of the tax net despite the property gets sold later on. The interest paid on loans is surely an expenditure that should be taken into account while computing the income from housing property as well as [...] Continue Reading »

DB Realty planning to sell DB Hospitality stake

DB Realty planning to sell DB Hospitality stake
New Delhi- Real estate builder DB Realty said that its subsidiary DB Hospitality is trying to sell stake in proposed hotel project in Delhi International airport and discussions are still going on. In the processing towards the BSE, DB Real estate claimed that DB Hospitality Pvt Ltd (DBHPL) is usually possessing stake in order to [...] Continue Reading »



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