Civic Issues
Delhi - The property tax is likely to go up as East Delhi corporation proposed to increase the property valuation by 1.6 times. The budget was proposed by the Education Management Corporation (EDMC). They revised the professional tax and electricity tax on power generators of five KW and new parking charges on minute basis to [...] Continue Reading »
Mumbai- HDFC said that there wont be any property price correction in Mumbai as the demand for properties are very strong. The real estate demand in Mumbai has always been high. The only real elements that may likely to reduce the prices are the dramatic advancement in making by-laws, which will allow more high rises [...] Continue Reading »
Bangalore- Owing to depleting water level in the Tippagondanahalli Reservoir (TGR), the Bangalore Water Supply and Sewerage Board (BWSSB) has discontinued water supply to the city from the reservoir from past three weeks. Lack of rainfall has led to low water level following which came the decision of stopping water supply. Recently, the water level [...] Continue Reading »
Kanpur- City mayor, Jagatveer Singh Drona announced a meeting of Kanpur Municipal Corporation officials on Dec 15 to discuss the matter regarding the increment in house tax. Nagar nigam officials finalised an increment of 10 to 15 per cent on annual letting value of the house last month. However, many corporators opposed the tax hike [...] Continue Reading »
Nagpur- Nagpur Municipal Corporation is very soon planning to save and approve at least 3 projects under the central government’s Jawaharlal Nehru National Urban Renewal Mission (JNNURM). The projects namely sewage water treatment plant, Maskasath railway overbridge (ROB) and 24X7water supply project are of worth Rs 520 crore. Municipal commissioner Shyam Wardhane assured to complete all [...] Continue Reading »
Coimbatore- People residing in Kallamedu near Selvapuram in the city are facing a serious civic issue regarding drainage and sewage facility. The sewage and garbage disposal pitwas once an open well. Due to lack of proper sewage disposal network, people generally throw off their waste in this pit. Seeing this residents have cordoned the area with [...] Continue Reading »
Bangalore- Several areas in West Bangalore will shortly get Cauvery water supply from Hegganahalli ground-level reservoir. The Bangalore Water Supply and Sewerage Board (BWSSB), following the commissioning of the Cauvery IV Stage Phase II, has charged different feeder mains in order to facilitate distribution of water from various ground-level reservoirs. BWSSB in a press release [...] Continue Reading »
Despite the downfall in affordability, the Indian home loan market is expected to grow by 17-19 percent in the current fiscal year, according to credit rating agency IRCA. Lower home loan rates, attractive schemes, etc. fuel the home loan market growth in 2012-2013, said IRCA. Because of the high cost of properties in India, tough operating [...] Continue Reading »
Chandigarh- Despite strong demand of imposing house Tax in Chandigarh, Municipal Corporation is not doing so. But recently Goa deputy CM and minister for urban development Francis D’souza spoke in favor of imposing house tax. During the seminar, “India Urban Development Vision 2020″, organised by the municipal corporation he added that this will help the civic body to [...] Continue Reading »
New Delhi - The city of Delhi will no longer witness a shortage of houses for the poor and the downtrodden as the Delhi Development Authority (DDA) has decided to come up with about 14 lakh houses in five new zones which will be known as urban extensions. The project will begin with a survey which will check the land [...] Continue Reading »
