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Directors of 22 units operating in prohibited zone to appear in HC

Directors of 22 units operating in prohibited zone to appear in HC
Despite closure order issued by the Karnataka State Pollution Control Board (KSPCB) prohibiting operations in areas around Tippagondanahalli (T.G. Halli) reservoir, 22 companies continued to operate in the catchment areas. A suo motu case was initiated by the Karnataka high court on the units which continued to operate. A Division Bench comprising Chief Justice Vikramjit [...] Continue Reading »

Increasing demand for “Walk to work” concept

Increasing demand for “Walk to work” concept
Bangalore- Who would like to travel for hours in crowded cities and especially after a tough day of work? Most of us would love to reside in a home which is close to our workplace. Staying near to your workplace has many benefits. Most importantly, it saves your precious time which otherwise is wasted on [...] Continue Reading »

BMC, Mhada face HC heat around retaining wall in personal property

BMC, Mhada face HC heat around retaining wall in personal property
A wall was erected in June 2012 between leasehold land owned by Tehnaz Master and leasehold lands which blocked access to another freehold land that belongs to Tehnaz. Master allege the court to direct demolition of the wall but no action was taken against the illegal wall by the civic bodies. The BMC advocate submitted [...] Continue Reading »

High Court to get a hold of illegal properties

High Court to get a hold of illegal properties
New Delhi-  The Nodal Steering Committee was appointed by the High Court on the unauthorized construction and encroachment  and asked  the deputy commissioners to address the power distribution companies (discoms) and Delhi Jal Board (DJB) in order to disconnect the water and electricity supply. Also the sub-registrar of the zones were not allowed  to register any unauthorized property. In [...] Continue Reading »

Mumbai witnessed the grand growth in retail rent

Mumbai witnessed the grand growth in retail rent
According to the report by Cushman & Wakefield, property consultant, Mumbai witnessed the highest rental growth globally. Colaba Causeway has seen a jump of 75 percent in the rental values in past one year. In the list of top 10 Global Highest Retail Rental Growth Markets 2012, Kolkata’s Park Street is in the 5th position [...] Continue Reading »

Investing in houses in metros gone out of reach for some

Investing in houses in metros gone out of reach for some
If you are planning to buy a house in metro cities then you have to wait for years to manage the downpayment but relatively in cities like Hyderabad and Pune the price of flats or rental values are affordable. In comparison, Bangalore is the third most affordable city to rent and fourth affordable city to [...] Continue Reading »

Real estate sector remains constant in Pune

Real estate sector remains constant in Pune
The real estate in Pune has shown signs of balance. According to a survey done by Jones Lang LeSalle (JLL), it was found that in last one month, leasing office space in Pune has been stable and there were no new supply of office spaces. Even the rents and capital value remained the same. Surprisingly, [...] Continue Reading »

Corporate Cluster Housing options offered by Bangalore developers

Corporate Cluster Housing options offered by Bangalore developers
Bangalore- Bangalore developers are offering Corporate Cluster Housing (CCH) options in the city. This housing project will have corporate homes and different other facilities of an office and residential atmosphere all combined in a secured group housing model. The CCHs basically means several houses with common networking areas all within same compound at a best [...] Continue Reading »

Rental value for office space in Chennai remains constant

Rental value for office space in Chennai remains constant
Chennai’s office market is stable and there is no increase to the last year’s activity levels. This commercial market is especially driven by the demand from ITES or IT comapanies. According to property consultant, vacancy level is decreasing and there is an inch rise in the rental values in selected areas. According to the range from 8-11 [...] Continue Reading »

Badlapur offers affordable housing

Badlapur offers affordable housing
The property price in Mumbai is touching the sky and it has become impossible for home buyers to even think of buying a property in Mumbai. However, there is an area called Badlapur where affordable houses are available in the range of Rs 17-30 lakh. The area is witnessing a huge demand because of affordable housing. [...] Continue Reading »



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