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New target for property tax inspectors

New target for property tax inspectors
In order to increase revenue from property tax, Nagpur Municipal Corporation has set new targets for revenue inspectors across 10 zones. Property tax inspectors have been directed to identify 75 new properties each that are not being taxed in their zones in this financial year. According to a senior official, Laxmi Nagar zone has 16 [...] Continue Reading »

Residents block roads protesting water issues

Residents block roads protesting water issues
Annoyed by the issue of lesser water supply, the residents of JC Nagar, Bangalore blocked the streets to express their anger on Sunday. The agitated residents gathered at the main signal junction near Shivaji Talkies on JC Road and blocked the traffic. The residents of SJ Park, Vinobha Nagar, Journalists’ Colony, Doddamavalli and Sudhama Nagar [...] Continue Reading »

RWAs in Mohali oppose burning of leaves

RWAs in Mohali oppose burning of leaves
An environmental researcher, Arshinder Pasricha, has been raising her voice against residents’ burning of leaves practice in Mohali for the past couple of months. Few of the Resident Welfare Associations have also joined her in this effort. She says that usually, the employees of the Municipal Corporation burn leaves and other related stuff. But now, [...] Continue Reading »

Brighter outlook for LICHF in future, says report

Brighter outlook for LICHF in future, says report
Eastern Financiers is buoyant on LIC Housing Finance. It recommends buying rating on the stock with a target of Rs 329 in its July 2, 2012 research report. LIC Housing Finance (LICHF), promoted by LIC of India, is one of the largest players in the nation’s housing loan segment.In addition of having a widespread network [...] Continue Reading »

Commonfloor organizes Car Fiesta 2012

Commonfloor organizes Car Fiesta 2012
The Car Fiesta 2012 held near Purva Riviera club house, in Marathahalli on Saturday has been an exuberant and exciting event. It has been a grand success, recognized by many as their favourite car event, with major car makers showcasing their latest models in the show. One of the largest automobile manufacturers, Mahindra and Mahindra [...] Continue Reading »

NCRPB approves Greater Noida master plan

NCRPB approves Greater Noida master plan
The Greater Noida master plan has been approved by the statutory committee of the NCR Planning Board (NCRPB). The developers in Noida Extension said that the construction of residential projects which were put to halt could be resumed. They are waiting for the committee’s recommendations to be approved by the board. But the farmers are [...] Continue Reading »

Maharashtra government discards MHADA’s proposal

Maharashtra government discards MHADA’s proposal
The state government of Maharashtra has rejected Mhada’s proposal of allowing flat owners to lease out their houses within the five-years lock-in period. The state expressed its opinion that by allowing this move, people looking at low-cost houses as an investment opportunity will be encouraged. Meanwhile, it will be unfair to those who are homeless. [...] Continue Reading »

Students protest against land grabbing by government

Students protest against land grabbing by government
Protesting the forceful acquisition of 227 acres of land by the government to set up the proposed Indian Institute of Management (R) and Central Law University, the students, along with parents, have been sitting on a ‘dharna’ since March 4. Though the villagers live in extreme poverty they are not academically weak. But due to [...] Continue Reading »

Chavan blames Deshmukh for Adarsh scam

Chavan blames Deshmukh for Adarsh scam
The former Chief Minister of Maharashtra, Ashok Chavan, on Saturday passed the blame to Union Science and Technology Minister, Vilasrao Deshmukh, for granting permission to the Adarsh housing society. Mr. Chavan said that Mr. Deshmukh, the then Chief Minister, had allotted the government land, regardless of the land valuation. He also blamed Finance Department suspecting [...] Continue Reading »

New mini-township project by Omshakthy Agencies

New mini-township project by Omshakthy Agencies
Chennai-based real estate developer, Omshakthy Agencies, has proposed a new 150 acre gated mini-township project at Tirumudivakkam near Chennai. It is planning to raise around Rs 150 crore through the private equity (PE) route for the project. The initial investment is expected to be around Rs 300 crore, of which 50 per cent would be [...] Continue Reading »



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