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Civic body hires 10 assistant tax assessors for property revaluation

Civic body hires 10 assistant tax assessors for property revaluation
Nagpur-  Nagpur Municipal Corporation (NMC) has appointed assistant tax assessors for all ten zones to improve and strengthen its functions and department. Out of all assessors, only VR Rewatkar is a senior engineer and the rest nine are of deputy engineer’s rank from water works department. They will be given the responsibilty of hearing the [...] Continue Reading »

Stagnant sewage, residents suffer

Stagnant sewage, residents suffer
Coimbatore- Choked sewage network, stinking mess, no toilets, no garbage disposal system, unauthorised constructions, poor sewerage system: These are the woes that the residents of Selvapuram Housing Unit and Kallamedu have been complaining about as they have gotten much worse this year. The lack of a clean and clear sewerage system is the major concern [...] Continue Reading »

Gurgaon-Faridabad Road seeks importance by realtors

Gurgaon-Faridabad Road seeks importance by realtors
Delhi/NCR:  With recent developments of infrastructure on the Gurgaon-Faridabad  Road, it has been considered as the next prime location of the real estate development. Developments have been taken place in both the residential and commercial units and developers like IREO Group’s Gurgaon Hills, Krrish Group’s Province Estate, Paras Group’s Paras Trade Centre and others are coming [...] Continue Reading »

Realty Development shoots with mall culture in Ghaziabad

Realty Development shoots with mall culture in Ghaziabad
Delhi/NCR-   The latest area of development; Ghaziabad has an increasing number of malls and multiplexes which are proving to be a positive sign for the real estate development. This sort of a development in the area will cater to the needs of big realty players who can indulge themselves in new projects. Currently, the city has [...] Continue Reading »

Delhi NCR to see realty growth post Diwali

Delhi NCR to see realty growth post Diwali
Delhi NCR- An increased positive growth of realty sector is expected in Delhi NCR, post Diwali as there will be more home buyers of about 10-15% when compared to the previous quarter. In the past eight months, the residential sales fell by about 40% in NCR and the coming months will witness a change as [...] Continue Reading »

Cellphone tower may need 70 percent residents’ permission

Cellphone tower may need 70 percent residents’ permission
Mumbai- Mobile operators may need approvals from 70 percent residents of a housing society to set up a cellphone tower. The Brihanmumbai Municipal Corporation (BMC) is planning to make it compulsory for an operator to get permission from 70% residents of that housing society on which a mobile tower is proposed. The draft from the [...] Continue Reading »

South Indian realty observes stable demand

South Indian realty observes stable demand
The Associated Chambers of Commerce and Industry of India (Assocham) has reported that real estate demand has remained moderate. Even the festive season’s special offers failed to bring in husky demand for properties. The survey was carried out in major cities like Delhi-NCR, Mumbai, Bangalore, Chennai, Kolkata, Ahmedabad, Hyderabad, Pune, Chandigarh and Dehradun and gathered [...] Continue Reading »

New property tax could be more than twice the existing tax

New property tax could be more than twice the existing tax
Nagpur- As soon as the Nagpur Municipal Corporation (NMC) proposed cash value-based property tax technique, they committed that the stress will be more than twice the existing tax and thrice the current taxes pertaining to business oriented taxpayers. However, the tax may rise if anyone includes the 20-30% additional tax for essential services. If the [...] Continue Reading »

Distressed Air-India to raise funds from realty sale

Distressed Air-India to raise funds from realty sale
New Delhi: The distressed Air India has decided to generate capital from the realty market by selling, redeveloping and leasing its assets. It has also mandated Delhi’s real estate consultant DTZ International Property Advisors Private Limited for its plan. Selling and leasing the firm’s real estate assets will fetch the company the costs to meet the [...] Continue Reading »

2013 to see a delay of 50% home deliveries

2013 to see a delay of 50% home deliveries
New Delhi- All those waiting for a home possession need to wait for another year as a survey has found out that about 50% i.e.  323,000 home deliveries will be delayed as they are lagging behind the construction schedule.This is followed by nearly three of every four homes which were promised for delivery in 2014 to [...] Continue Reading »



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