Cities
The HC directed the Hiranandanis to construct 3,100 affordable houses. According to the order, the developer have to take permission to embark on further construction after he finalized the constructions of the affordable houses. Niranjan Hiranandani will submit plans for construction of affordable houses in his Powai township project within two weeks. The HC stopped [...] Continue Reading »
The RBI has announced to reduce the repo rate. This decision has raised the hope of the real estate market in Tricity. The real estate in Tricity have seen a major slowdown in last year. The rate cut by RBI will help the buyers to invest into the residential projects. The realty market in Tricity [...] Continue Reading »
The real estate guidelines in Chennai state has been revised! The Tamil Nadu government has notified rates for registration of properties in Chennai city. According to the realty experts the Tamil Nadu government has overtaken by 10 to 45 percent. These fresh guidelines has been revised after a gap of five years according to prevailing [...] Continue Reading »
According to the Census Directorate of Maharashtra, more than 4 lakh unsold apartments in Mumbai are available. The data has revealed the actual scenario of the real estate in Maharashtra. As per the records more than 3.7 million houses are lying vacant in the state. The number of the empty flats have been increased to [...] Continue Reading »
The Prestige Estates Projects aiming to sale Rs 2000 crore real estate projects in this financial year 2012-13. The real estate construction firm has launched many projects across the country. Among the projects the Bella Vista in Chennai is performing good. As of date the group has sold more than 1300 apartment out of 2600 [...] Continue Reading »
Good that Bangalore city is growing very fast today! However, it is blindly rushing behind the mall culture and at the same time the traditional markets are being faded away from the city. Recently, the traditional markets at Gandhibazar and Malleswaram were taken away just because of the malls raising up every now and then. [...] Continue Reading »
Only few thousand affordable flats are released by the Maharashtra Housing and Area Development Authority (MHADA). There are millions of people looking for their own houses in Mumbai. The annual lottery scheme by the housing board is delayed in this year, along with the number of houses available in Mumbai is almost a fifth of [...] Continue Reading »
Abandoning the work half way has become a routine to namma Bruhat Bengaluru Mahanagra Palike (BBMP)! The level of enthusiasm BBMP workers have while beginning any new civic work will at all end till the work ends. Any civic work started in Bangalore city is always in news throughout the country for its half done [...] Continue Reading »
The permission granted for construction of the podium and condoned deficiency in open space for the Adarsh apartment. The permission was granted on the basis of Development Control Regulations of 1991. It is being claimed that the permission leads to a loss of Rs 12 crore to the government as the premium was not paid [...] Continue Reading »
The construction work on the 7-km Holi- Uttrala tunnel at Himachal Pradesh will start soon. The proposed cost of construction is Rs 1571 crore. The detail project report has been prepared. The distance between Holi in Chamba district and Uttarala in Kangrawill be reduced by the construction of the tunnel. Presently any person has to [...] Continue Reading »
