Apartment News
The bail appeal for the accused persons in the APIIC-Emaar township project case was denied by the special CBI Court. According to CBI, the promoters of the Stylish Holmes Real Estate Private Ltd had allegedly collected money to the tune of several crore towards plots developed by Emaar MGF in the controversial township project from [...] Continue Reading »
As the availability of open land in Mumbai became limited, most of the builders in the city are looking at investing in redevelopment projects in Mumbai. According to real estate analysts, the growth of real estate, particularly the fresh supply of apartments, depends on the redevelopment projects as the amount of unoccupied land is very [...] Continue Reading »
An eco-conscious real state builder, Aliens Group of Hyderabad, has undertaken several green initiative on the 40th World Environment Day. In the Go Green concept taken by the builder group, one lakh saplings will be planted in the vicinity of Hyderabad. Employee awareness programs will being conducted to emphasize on the importance of recycling and [...] Continue Reading »
The Reserve Bank of India ordered all the banks to stop charging penalty on prepayment of home loans taken on floating interest rates. The order is circulated after the Damodaran Committee had observed that foreclosure charges levied by banks on prepayment of home loans were resented by home loan borrowers. The removal of the charges [...] Continue Reading »
Cost of residential properties in NCR will increase by 50 percent as land would become costlier once Parliament passes the proposed Land Acquisition Bill. Under the proposed Bill, the development authorities would be forced to hike the land rates substantially. As a result, the prices of janta flats, two, three and four bed room apartments [...] Continue Reading »
The Greater Hyderabad Municipal Corporation (GHMC) has taken up several civic projects, including the one undertaken to de-silt storm water drains, which are yet to be delivered. As all the projects are delayed, there is no chance of completion of those projects before the monsoon. And as they will not be completed before the rains, [...] Continue Reading »
The Chennai Corporation has tied up with Indian Overseas Bank, Canara Bank, ICICI Bank, IDBI Bank, HDFC bank, City Union Bank, Karur Vysya Bank and Axis Bank for collecting the property taxes in Chennai and other areas of the city. According to an authority of the Chennai Municipality, the property owners can use the net [...] Continue Reading »
The Madras High Court on Monday gave six weeks’ time to the State government to amend the Tamil Nadu Town and Country Planning Act for dealing with illegal constructions. The government has conveyed to the court its intention to amend various sections of the Act, relating to effective enforcement action and for providing solution to [...] Continue Reading »
Prestige group is a real estate Development Company privileged with people’s trust and credited with transforming the skyline of Bangalore. The Prestige developers constantly strive for perfection. And today they became as a renound brand name in the field of real estate in Bangalore and India as well. They have also become an ISO 9001:2000 [...] Continue Reading »
Prestige Glenwood is an exclusive enclave that is put forward by renowned Prestige Group. This is a pre-launch project in Bangalore and ensures complete opulence and luxury, without making any kind of compromise with the comfort. The project is spread over 15 acres of land, where the township is comprised of twin houses and independent [...] Continue Reading »
