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Question looms over Shiv Sena’s control on Mumbai realty

Question looms over Shiv Sena’s control on Mumbai realty
After the demise of Shiv Sena chief Bal Thackeray, specualtions are high regarding the control of Shiv Sena over Brihanmumbai Municipal Corporation (BMC). BMC is perceived as a mini-government within Maharashtra state and it directly controls one of the World’s most costliest properties in greater Mumbai. Developers since the past few years have been relying [...] Continue Reading »

HUDA provides sewage treatment plant water to builders

HUDA provides sewage treatment plant water to builders
Gurgaon- Builders in Gurgaon have been provided  with lakhs of litres of treated water from STPs by the Haryana Urban Development Authority (HUDA). HUDA has apparently made a record by supplying the water  to the builders. The supply of treated water from Berhampur and Dhanwapur STP is done by HUDA after the Punjab and Haryana high court [...] Continue Reading »

Hyderabad metro corridor to see realty boom

Hyderabad metro corridor to see realty boom
Hyderabad-In a recent developmental report in the city of Hyderabad, project developer L&T has decided to develop in six million square feet in the next 5-6 years. The project will include shopping malls, multiplexes, office space and retail chains spread over 18.5 million square feet. The project planning has been done in order to make the [...] Continue Reading »

Buyers tussle and builders dissapear

Buyers tussle and builders dissapear
Noida-Rather than preparing for their house warming ceremony, a large number of home buyers  in Noida  extension, who had booked their flats prior to the controversy related to the sale of land in the area are now struggling to sort it out with the  developers as they are at a risk of losing their property. Buyers have [...] Continue Reading »

Public sector banks cheered by home loan takers

Public sector banks cheered by home loan takers
New Delhi-Recent reports suggest  that the public sector banks were quite benefited by the home loan takers as the lower interest rates have resulted in regular monthly payment causing very less defaulters. The outstandings in the first 6 months were almost 96% of 2011-12 and more in 2010-11. Also, the non-performing assets (NPAs) have declined in all home loan [...] Continue Reading »

Balasaheb dies, Mumbai comes to a standstill

Balasaheb dies, Mumbai comes to a standstill
The city of Mumbai came to a standstill after the death of Balasaheb Keshav Thackeray, founder and chief of the Shiv Sena. Balasaheb, an iconic figure in Indian politics and firebrand leader of regional politics in Maharashtra, died on 17th November in Mumbai. Life in the financial capital of India, the maximum city, came  to [...] Continue Reading »

Toll hike in DND flyway results in a PIL by Noida residents

Toll hike in DND flyway results in a PIL by Noida residents
Noida- With the recent hike in the DND flyway toll rates, from Rs.22 to Rs.25 from November 9, the Federation of Noida Residents Welfare Association (FONRWA) has been opposing the hike and has come to a decision to file a PIL against the unjustified MoU signed with the Noida Toll Bridge Co Ltd. A protest by FONRWA stated [...] Continue Reading »

Demand for luxury homes is growing

Demand for luxury homes is growing
Mumbai- Inspite of downfall in sale, the demand for ultra-luxury and luxury homes is rising in the metro cities. A few luxury residential projects were launched despite of dullness in the real estate sector, according to a report by Jones Lang LaSalle, a real estate consultancy firm. The rise in the number of high networth [...] Continue Reading »

Taxes worth Rs. 1,000 crore to be given to GHMC by govt

Taxes worth Rs. 1,000 crore to be given to GHMC by govt
Hyderabad-The meeting scheduled for December 1 is expected to create a furor  with the opposition as the Government of Hyderabad has been dawdling on the payment of property tax of its buildings. The current pending amount of the property tax on the government buildings stands up to Rs. 1,000 crore. Around 1,186 buildings are occupied by the [...] Continue Reading »

Think before you honk this Monday!

Think before you honk this Monday!
Karnataka State Pollution Control Board, (KSPCB) along with Bangalore traffic police and resident welfare associations have taken the initiative to lower down noise pollution on the city roads. For this, a message ‘No Horn Monday’ has been circulated against the sound polluters. Vaman Acharya, KSPCB chairman is planning to carry out the project in other areas of [...] Continue Reading »



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