Cities
The Competition Commission of India (CCI) has dismissed a flat owner’s petition alleging abuse of dominant position by private builder, Dwarkadhis Projects, in Gurgaon. The petitioner is a home owner at Aravali Heights at Sector-24, Dharuhera in Rewari. CCI rejected the petition on the account that the builder is not a dominant player in the [...] Continue Reading »
As per the negotiations between Bruhat Bangalore Mahanagara Palike (BBMP) and villagers in Mandur, BBMP officials managed to convince some leaders of villagers in Mandur to allow unlimited number of garbage trucks to dump waste till October 29. The villagers have urged the civic body to stick to its promise and said that if BBMP [...] Continue Reading »
Five years after Brihanmumbai Municipal Corporation (BMC) first proposed to undertake redevelopment of Crawford Market, the civic body has now finalised tenders worth Rs 20 crore for restoration of the front heritage building. The 141-year-old front portion of the market is a notified grade one heritage structure. The city civic body decided to undertake both [...] Continue Reading »
A number of buildings came up along the ITO are due to pay property tax, said north corporation. The list of organisations includes Rajiv Bhawan, Rabri Bhawan, Chandrashekhar Bhawan and Maharaja Ranjit Singh Trust, said Mahender Nagpal, leader of the House, north corporation. Municipal Corporation of Delhi (MCD) had issued notices to the defaulters to [...] Continue Reading »
The Mumbai civic body, Brihanmumbai Municipal Corporation (BMC), plans to restructure its water supply system to ensure equitable supply to all areas in the city. The BMC has decided that each person in the city should get at least 135 litres of water per day. Earlier, in 2009, it had set 90 litres per capita [...] Continue Reading »
Mahindra Lifespaces, part of the Mahindra Group, has purchased a three-acre plot in Andheri owned by Nycomed Pharma Pvt Ltd. Mahindra purchased the property for around Rs 205 crore, or Rs 65 crore an acre. The 12,000-sq m plot currently houses a bungalow, two guest houses, a research and development facility and an electric sub-station. [...] Continue Reading »
Without any basic facilities, Patna citizens are paying property tax to the Patna Municipal Corporation (PMC). Issues like unsafe water, live in unhygienic condition and also delaying the new garbage collection agency’s functioning are still on the list for PMC to solve. The PMC standing committee decided to double the holding tax which includes 2.5% [...] Continue Reading »
The Greater Hyderabad Municipal Corporation (GHMC) is all set to hike the property tax despite stringent opposition from corporators. The GHMC, does not need permission to hike the property tax according to the Municipal Act, as the act says that the corporation can revise tax every five years and last revision was made in 2007. [...] Continue Reading »
Smondo, an integrated residential project in the IT hub of Gachibowli in Hyderabad has been launched by Patel Realty. The project spreads across four acres and divided into II phases with 180 apartments respectively. The size of the apartments ranges from 990 sq ft to 1,435 sq ft and are presented as new age homes [...] Continue Reading »
Data produced by Bloomberg TV India shows that the price of residential space has skyrocketed by 6% in six months, and the demand of residential space in Bangalore has gone up by 3% and in Gurgaon the hike is as high as 9%. Whereas, in the past six months, demand of residential property in Bangalore [...] Continue Reading »
