Apartment News
Increasing gas tanker accidents near National Highway 48 has been worrying the residents in the neighbourhood. Recently, a gas tanker met with an accident near Hole Thimmenahalli in Alur taluk and on such events it is advised not to start cooking gas. The police and Fire and Emergency Service personnel diverted the traffic and advised [...] Continue Reading »
The state government of Maharashtra has amended the Bombay Provincial Municipal Corporations (BPMC), Act, 1949. The amendment will now not only ensure action against relevant builders but also hold civic officers responsible if they fail in their duty in restricting the construction of illegal structure. According to the Act the Pune Municipal Corporation (PMC) will [...] Continue Reading »
The Delhi Development Authority (DDA) has planned to auction 110 flats at the CWG Village and they reserve the prices for those flats between Rs. 2.5 and Rs. 5.8 crore. The Commonwealth Games Village has 34 residential towers with 1,168 flats. The authority has more than 700 apartments in CWG under their share. The DDA [...] Continue Reading »
More than 300 applicants of Purab Premium Apartments have already demanded to cancel their allotments and to refund their money. The applicants wants to opt out as the government has put a five-year lock-in period for sale or transfer of the flats under the scheme. Most of the applicants said that they were not aware [...] Continue Reading »
Real estate in Bhopal will get 70 new housing projects after withdrawal of the compulsion for houses for Lower Income Group (LIG) and Economically Weaker Sections (EWS). Two years before the management had abolished the shelter charges and it was made compulsory to have EWS and LIG plots flats in every project. After that the [...] Continue Reading »
Who would not love to reside in sky-scraper apartments? And for a fact that nowadays high-rise and sky-scraper apartments has become common in major Indian cities. Especially, Delhi and Delhi NCR has maximum number of high-rise building inclusive of apartments, malls, commercial sectors and hospitals. Now, keeping apart the structure and feel good factor of [...] Continue Reading »
It is revealed by a survey that the home buyers in Mumbai are expecting a reduction in the cost of the properties in Mumbai. For coming out from the stagnant situation and to increase the absorption rate, the local builders have started to reduce the cost of the properties. Builders of suburb Mumbai are not [...] Continue Reading »
The Orissa Development Authorities Act, 1982 cannot be implemented to rural areas. In a judgment, the High court said that bringing 205 villages under the BDA planned area would take away the power, duties, functions and authority of gram panchayats by the development authority. In the order the high court restricts the power of the [...] Continue Reading »
Hallmark Infrastructure has planned to raise funds of $20 million from private equity for its 40 acre residential development of villas and row houses in Chennai. The proposed project will be constructed in Mahindra World City (MWC) in Chennai. Paracor Capital Advisors will help Hallmark Infrastructure for the fund raising program. Earlier Hallmark Infrastructure raised [...] Continue Reading »
The latest and most demanding satellite city in NCR were a sleepy village few years back. Now a days the integrated township projects are coming up in the area as the Gurgaon region is growing rapidly since 1983. Gurgaon has already witness the construction of bigger commercial complexes for different fortune 500 companies. Now the [...] Continue Reading »
