Cities
The government of Mumbai has introduced the new development control regulations for the properties in Mumbai. According to the new Floor Space Index (FSI) calculation, the balcony, flower beds, ducts, car decks, etc. will not be included in the salable floor area. However according to builders association this decision will increase the cost of the [...] Continue Reading »
The property tax collection has just commenced in Bangalore and there is good amount of response. Through self assessment scheme (SAS), on day one around 4,000 property tax owners have paid taxes. The tax payers can pay tax in two installments without penalty and availing rebate. Also, in the recent press release namma Bruhat Bengaluru [...] Continue Reading »
The real estate-focused private equity (PE) firm ASK Property Investment Advisors Pvt. Ltd has planned to invest Rs 100 crore in the redevelopment project in Mumbai By the Godrej Properties. The ASK group has taken 49% stake of the project. the redevelopment projects are considered as a difficult way of construction. The other PE transaction [...] Continue Reading »
To increase the voters’ turnout on the D day, Residents Welfare Associations (RWA) of the apartments in Delhi have been spreading awareness. To begin with they have been organizing poster making competition to encourage more voters. This competition was being held with Flavour of Art foundation, an NGO in favour of MCD elections. The slogan [...] Continue Reading »
Janakpuri and Vikaspuri are two localities located in close vicinity in West Delhi. These localities were formed in 1976 and have the similar demography with same set of problems. The residents of these areas are facing problems like poor drainage system, low water supply and many other issues. Even the five parks are not being [...] Continue Reading »
Team Anna members is soon going to have a rally in Lucknow. This rally will oppose paying tax to municipal corporations who do not provide proper basic amenities. As the polls are nearing in UP, the team sense that this threat can work for getting civic amenities like clean drains, good roads and drinking water [...] Continue Reading »
There is a turnaround scenario in the upcoming municipal polls in Delhi. Resident Welfare Associations (RWAs) in Delhi are having faith in independent candidates than other political parties. This is because the party takes the vote and shows minimal interest whereas the independent candidate can be more trustworthy and promising than others. The federation of [...] Continue Reading »
The new property tax system have been stalled for the third time by the civic body in Mumbai. BMC has stalled the offer to implement the new capital value property tax system. However, the only ease is that there will be a provision for rebate for the owners who pay the tax on or before [...] Continue Reading »
There has been a need for a road connecting Bengaluru International Airport Road with the Yelahanka Lake via Kendriya Vihar in Bangalore. However, the construction of the road is yet to see the light of the day. The question on the construction of the same road was asked in the recent BBMP council meeting with [...] Continue Reading »
The 13th Main road at Indiranagar Bangalore seems not to open at all. Even after the Supreme Court’s verdict, the Bangalore Development Authority (BDA) is still yet to open and save commuting time for the citizens. Due to delay in opening of this road, there is regular road blockage on 12th Cross of 13th Main [...] Continue Reading »
