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Prestige Misty Waters: Premium high rise in Bangalore

Prestige Misty Waters: Premium high rise in Bangalore
Prestige Misty Waters, developed by the Prestige Group, is premium high rise residential project located in Hebbal, Bangalore. Built in an area of 1129 – 2423 Sq ft, it spreads across 5.5 Acres. The apartments boast off world-class design and bear the signature of Prestige Group. Located off ORR, Bangalore, the project offers amenities like [...] Continue Reading »

MJR Gulmohar Avenue: Row houses at Kadugodi

MJR Gulmohar Avenue: Row houses at Kadugodi
MJR Gulmohar Avenue is a gated community in Kadugodi, Bangalore. It is located off Whitefield Main Road and is surrounded by important destinations like shopping mall Pheonix and Forum Value Shopping Mall. It offers 4 BHK row houses built in an area of 2905 – 3285 Sq.Ft. . The project spreading over 2.55 acre of [...] Continue Reading »

Banks target Tier II and Tier III cities to revive home loan

Banks target Tier II and Tier III cities to revive home loan
While the home loan and auto loan market get saturated among the creamy layer of metros, banks seem to concentrate on Tier II and Tier III cities. Whether it be country’s largest mortgage lender, HDFC or other big players like BNP Paribas Home Finance or Kotak Mahindra Bank, everybody is looking at growing small cities. [...] Continue Reading »

Chennai commercial space decilne

Chennai commercial space decilne
Chennai commercial space seems to have taken a hit due to uncertain global market conditions. According to Knight Frank India, the Information Technology(IT) sector has witnessed a decline on the use of commercial office space in Chennai. The office market in Chennai is predominantly covered by the IT and IT-enabled services sector. In the first [...] Continue Reading »

Noida Authority demolishes unauthorised constructions

Noida Authority demolishes unauthorised constructions
Noida Authority has demolished several unauthorised constructions spreading across 25,000 square metre land in two villages along the Greater Noida Expressway. Constructions worth Rs 500 crore have been demolished in Shahdara and Nalgarha villages. While unauthorised construction on 10,000 square metre land in Shahdara village has been demolished, unauthorised construction on a 15,000 square metre [...] Continue Reading »

Assam residents will soon be able to check their Property Tax online

Assam residents will soon be able to check their Property Tax online
Residents of cities and towns across Assam will be able to use their mobile phones to check their property taxes from next year onwards. Assam’s urban development department has decided to launch an e-governance project, under which the property tax collection system will be streamlined to bring in more transparency. The programme will include 89 [...] Continue Reading »

BBMP asks hotels, malls, offices to segregate waste from Oct 1

BBMP asks hotels, malls, offices to segregate waste from Oct 1
Like residents of Bangalore, the hotels, malls, offices, convention halls and educational institutions have also been asked to start waste segregation from Oct. 1 by Bruhat Bengaluru Mahanagara Palike(BBMP). They have been asked not only segregate waste into dry and wet but also to compost wet waste within their premises or pay to hand it [...] Continue Reading »

Maharashtra CM assures realtors to address concerns within 45 days

Maharashtra CM assures realtors to address concerns within 45 days
Faced with criticism that the Maharashtra government has been stifling the growth of real estate in the state, chief minister Prithviraj Chavan assured the Maharashtra Chamber of Housing Industry (MCHI) that its concerns would be addressed within 45 days. MCHI had raised several issues during a presentation. It claimed that these issues are hampering real [...] Continue Reading »

BMC to float tenders for new road construction

BMC to float tenders for new road construction
The Brihanmumbai Municipal Corporation (BMC) will float tenders by this month-end for construction of over 200 new road in 2012-13. The civil body has made a budgetary allocation of Rs 950 crore for roads, including pending work from last fiscal. According to officials, construction work of 129 of 171 major roads have been completed in [...] Continue Reading »

Malls hampered by revenue-share model

Malls hampered by revenue-share model
The revenue-share model had been introduced by malls during 2008 downturn to lure in retailers. However, the model seems to become a noose as retailers have been suffered from fewer footfalls and tight consumer spending. Phoenix Marketcity in Kurla, the biggest mall in Mumbai, reportedly has still not been able to earn a single rupee [...] Continue Reading »



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