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South Indian real estate in better position than the rest: Experts

South Indian real estate in better position than the rest: Experts
Right pricing and small ticket sizes seem to have placed South Indian real estate in a much better place than real estate players in Mumbai and Delhi. Bangalore and Chennai seem to get their property strategy right. When most developers in India are battling high interest rates, sluggish sales, delays in new launches and a [...] Continue Reading »

Wadhwa Group launches luxury apartments in Mumbai

Wadhwa Group launches luxury apartments in Mumbai
The Address, an upscale luxury residential complex is launched by the Wadhwa Group in Ghatkopar (W). The project is designed to meet world-class standards providing spaces of luxury which meet world-class standards in terms of design and architecture. It comprises 10 towers in 18.18 acres of which only 20 per cent of the land is [...] Continue Reading »

Urgent need for affordable housing in urban areas

Urgent need for affordable housing in urban areas
Statistics suggest that there is a wide gap between the demand in supply of housing – both in terms of quality and quantity, in urban India. Technical Group constituted by the Ministry of Housing and Urban Poverty Alleviation (MHUPA) reveals data that shows that the urban housing shortage in the country at the end of [...] Continue Reading »

Maharashtra government to recover VAT from flat owners

Maharashtra government to recover VAT from flat owners
Over four lakh flat owners in Maharashtra, who had bought properties between June 20, 2006 and March 31, 2010, may have to pay Value Added Tax (VAT) to the state government. As the state government plans to recover VAT, a trade circular is issued by the Maharashtra sales tax commissioner on August 6. The tax [...] Continue Reading »

Gurgaon records the fastest growth in real estate

Gurgaon records the fastest growth in real estate
Gurgaon has registered the fastest growth in the real estate sector in the country. Developers are flocking to the region to launch new projects after prices shot up by as much as 25 per cent in the last one year. Big realty players like Godrej Developer, Tata Realty from Mumbai and Sobha Developers from Bangalore [...] Continue Reading »

KIMS to have its own sewage treatment facility

KIMS to have its own sewage treatment facility
KIMS hospital, one of the biggest government-run hospitals in north Karnataka is all set to have its own state-of-the-art sewage treatment plant (STP) in its campus. The plant has been set up according to the guidelines of the Karnataka State Pollution Control Board and the new plant is to start functioning by the end of [...] Continue Reading »

Councillors to visit Mumbai and Delhi sewerage treatment facility

Councillors to visit Mumbai and Delhi sewerage treatment facility
A decision has been taken that a team of councillors of the Municipal Corporations along with officials is all set to visit different cities in order to find the most suitable technology for setting up a sewerage treatment plant in the cities. The team will be visiting Mumbai and Delhi to observe the functioning of [...] Continue Reading »

GHMC presses for sewerage upgradation

GHMC presses for sewerage upgradation
Hyderabad Metropolitan Water Supply and Sewerage Board (HMWS&SB) faced criticism from Greater Hyderabad Municipal Corporation (GHMC) recently for their failure for not upgrading sewerage network in the Greater Hyderabad limits. Not even five percent of the new sewage pipelines were laid in the last ten years. Due to lack of sewerage network, nearly 75 percent [...] Continue Reading »

Residents complain of drinking water pollution in Tiruchirapalli

Residents complain of drinking water pollution in Tiruchirapalli
The residents of Balaji Avenue, off the Thiruvanaikovil Trunk Road in Srirangam, are facing problems regarding drinking water. The drinking water overhead tank (OHT) complex at the south-west corner of the locality has been exposed to pollution over the past few months, owing to the outflow of sewage from a faulty underground sewer line. The [...] Continue Reading »

Urban poor being allotted flats in Patna

Urban poor being allotted flats in Patna
Altogether 192 beneficiaries were allotted newly-built houses at Isopur on the outskirts of Patna under the scheme for urban poor. These houses were being constructed for the BPL families in urban areas. The CM announced that over 50,000 houses will be built in 28 cities of the state and those would not be a part [...] Continue Reading »



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