Cities
The apartments in Guwahati are struggling for a long time to an acute crisis of water. The situation will change in near future as two foreign-funded drinking water supply schemes will start providing 24 hrs water supply to households. The Guwahati Metropolitan Drinking Water and Sewerage Board reviewed the implementation schemes by Japan International Cooperation [...] Continue Reading »
Omkar Realtors has taken the slum redevelopment projects as their major business model. In 2003, the Omkar Realtors entered the redevelopment projects for the Mumbai slums. As of date the builder has already redeveloped 2.5 million sq ft of slums and targeting to reconstruct more than 20 million sq ft of slums by 2016. Redevelopment [...] Continue Reading »
Most of the projects in Gurgaon became a concern for the home buyers and the investors. When analysts calculate the appreciation values of the projects, construction delay works as a negative pulse on the return on interest. The normal appreciation value of real estate properties are in a range of 25-30%. After adding the delay [...] Continue Reading »
The state government has decided to reduce the impact fee rates after witnessing a poor response from the owners of the properties of Gandhinagar. The government also plans to simplify the process to regularize unauthorized constructions under the Act. The decisions were taken at a high-level meeting between state Urban Development Department officials and municipal [...] Continue Reading »
Parsvnath’s 1.2-acre plot at Kasturba Gandhi Marg in New Delhi can be acquired either by ICICI Bank’s domestic real estate fund or Indiabulls Real Estate. In a bid for the land, the two real estate financier have quoted the bid between Rs 500 crore and Rs 600 crore. The main attraction for the plot is [...] Continue Reading »
It is noticed that over the time a network of middlemen controlled the price of land in Kerala. The so called land mafias do not allow the interaction between genuine buyers and sellers of land. It is also recorded that at least 10 lakh unoccupied houses and flats are available in Kerala. The middle men [...] Continue Reading »
The citizens of Hyderabad city wake up! The fuel stations in the city will be closed on April 23rd in response to the orders passed by Federation of All India Petroleum Traders (FAIPT). Around 3,000 fuel stations in the city have therefore agreed to follow guidelines of FAIPT. On whole, nearly 44,000 fuel stations country [...] Continue Reading »
The big players of the real estate in Indore are highly motivated after the rate cut decision taken by the Reserve Bank of India. The builders of Indore are expecting a rise in demand of apartments in Indore as the home loan interest likely to be cheaper. With higher inflation rate the prospective home buyers [...] Continue Reading »
Now that the auto fares has been increased in Bangalore city, the auto meters still depict previous charges. In this situation, the auto drivers are facilitated to use charts containing recent charges. However, things does not stop here! It has been recently learnt that the auto drivers making best use of this situation is faking [...] Continue Reading »
The ban of plastic is alarming in Mumbai city. To implement the same, BMC’s standing committee is working hard and looking forward for government’s judgment. Also, to keep it strict and high the BMC officials will be sent around for inspection to collect fine in case of any plastic usage found in Mumbai. The main [...] Continue Reading »
