Cities
According to a global real estate consultancy firm, the sales of residential properties have increased in the first quarter of 2012 in NCR region of Delhi. According to the report, Delhi’s residential market might see some appreciation in capital value. Once the projects get approval from the National Capital Region Planning Board (NCRPB), projects in [...] Continue Reading »
Though the Bruhat Bangalore Mahanagara Palike (BBMP) claims that they are prepared for the rainy season, the civic life of the city is always troubled during the monsoon. Every time it rains, the low-lying areas are flooded. The experts of civic issues have said that this happens as most of the primary and secondary storm-water [...] Continue Reading »
The Allahabad High Court has ordered the builders to pay more compensation for landowners in the areas of Noida Extension. The court ruled out to stop acquisition of lands in the area against a review petition filed by the Greater Noida Authority against the termination of land acquisition in Chaksahberi, Asadullapur and Devla villages. The [...] Continue Reading »
As the state government of Maharashtra has proposed a hike in the stamp duty of the property transaction, the buyers of the residential and non-residential properties in Mumbai will have to pay a five per cent stamp duty on the market value of the property. Earlier, the stamp duty in Mumbai was charged at Rs [...] Continue Reading »
The Tamil Nadu government has planned to construct 2104 green houses in Krishnagiri district. These apartments in Chennai and other areas will be constructed under the Chief Minister’s Solar-powered Green House Scheme. The minister has also confirmed that all the construction will be completed by July 30th. The total cost of the construction will be [...] Continue Reading »
Tata Camelot was planning to construct skyscrapers in the vicinity of Sukhna Lake. They have to drop the plan as the Punjab and Haryana High Court today has directed Punjab, Haryana and the Chandigarh Administration to stop the construction activities in the lake’s catchment area, and also demolish the structure if any construction activity takes [...] Continue Reading »
The Gujarat Housing Board (GHB) after over 15 years is planning to launch seven residential schemes in four major cities of the state. The plan is to construct 9100 flats in these seven projects. Out of the seven projects, three projects will be launched in Ahmedabad, two in Rajkot and one project each in Surat [...] Continue Reading »
The Tamil Nadu Housing Board has announced to give buyers a final chance to pay their due payments for the property allotted to them. In a press release, the Housing Board had cancelled the allotment of land, apartments and individual houses to buyers who have not paid three monthly installments consecutively. The government has given [...] Continue Reading »
The Tiruchi–Chennai National Highway has stimulated the construction of residential properties in Tiruchi. It is also noticed that a good number of residential colonies have come up in the recent years. As the construction work is happening quite rapidly, the civic body is unable to provide basic civic amenities for the apartments in Tiruchi, particularly [...] Continue Reading »
The Nagpur Municipal Corporation has planned to scrutinize all real estate constructions in Nagpur for proper clearance. It is noticed that unauthorized constructions are increasing in Nagpur. The Municipal authority has shortlisted 716 buildings which have gone against the sanctioned plan. Till now the municipality has demolished the Illegal constructions at Tourist Inn in Sitabuldi [...] Continue Reading »
