Cities
Hyderabad real estate seems to be on the path of recovery. Property developers in the city are gearing up to invest in land plots and launch new projects. Few factors which have been contributing towards the residential growth are the improved connectivity levels and social infrastructure. More and more number of builders have opted to [...] Continue Reading »
Poor garbage clearance has made lives hard for residents in few areas in Bangalore. The garbage lying uncleared on the road have left little space for commuters in roads like Shobha Tent Main Road. Since the garbage clearance is poor, mounds have been lying uncleared for days. The residents have complained that although the pourakarmikas [...] Continue Reading »
The residents of Vasant Vihar have raised opposition against the proposed Metro station in the area. The dispute over the location of the station between the authorities and residents has been going on for more than a year. The residents have been claiming that the site chosen by Metro falls within residential zone. The residents [...] Continue Reading »
As per planning, 1,500 flat owners of Pune gathered at Bhave school near Perugate on Sunday morning. The owners were disgruntled because of lack of transparency on the part of builders on payment of VAT. They were visibly angry and confused as they sought clarification on how much exactly do they owe the builders. The [...] Continue Reading »
The Secundrabad Cantonment Board (SCB) has set triennial revenue target at Rs 60 crore. It has completed the triennial revision of property tax of around 300 commercial establishments in its jurisdiction. SCB has done the triennial revision after a gap of 10 years. Cantonment Board had formed special teams and visited all the commercial properties [...] Continue Reading »
Construction work in Noida, Greater Noida and Yamuna Expressway regions have taken a hit due to acute labour shortage. Consequently, the home owners in these regions may have to wait longer to get possession of their dream homes. After failing to get requisite number of labourers from the UP-NCR region, developers have now begun to [...] Continue Reading »
Some Juhu citizens have been fighting to save their area from being flooded. The crisis came up after the civic storm water drains (SWD) department allowed a developer to cover and build a recreation ground on top of a section of Irla and Koldongri nullahs. NGOs have joined hands with the residents in their protests [...] Continue Reading »
Pantaloon Retail India Ltd, the country’s largest retailer, has decided to consolidate its business in the top 16 cities and a surrounding network of secondary cities. The decision implies that the retailer would be exiting from smaller towns that don’t fit into this network. Analysts say that the consolidation would help Pantaloon Retail improve profitability [...] Continue Reading »
The Greater Noida Authority (GNA) has begun issuing cancellation notices to over 300 allottees of plots in industrial sectors. The allottees that have been sent cancellation notices are the ones who did not not set up functional units despite several years after taking possession of plots. Those who have defaulted upon entering into lease deeds [...] Continue Reading »
ICICI, HDFC and Vijaya Bank have joined the race to cut rates for the festival season, in a series of efforts by lenders to boost home market. The lenders have cut their rate by up to 100 basis points on their home loans. Under the festival scheme, ICICI Bank will offer home loans of Rs [...] Continue Reading »
