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Interest rates on all loans will go up. However, there could be some cheer for savings bank account holders as the RBI simultaneously increased interest rates on savings deposits If you were eyeing that swanky house or a cool set of hot wheels, prepare to shell out more to live your dream. Interest rates on [...] Continue Reading »
Builder to pay compensation of Rs 5 lakh each to two buyers for failing to hand over flats booked by them. Mumbai district consumer forum held that failure on part of the builder, Sharma Realty Pvt. Ltd., to execute the Agreement for Sale was deficiency in service and ordered to pay compensation to two buyers. [...] Continue Reading »
For residents of East of Kailash, there seems to be no end to the growing monkey menace. Residents of E-Block in East of Kailash in south Delhi are facing a threat from simians, with incidents of attack by monkeys increasingly becoming common. Residents say that despite repeated complaints, the Municipal Corporation of Delhi (MCD) has [...] Continue Reading »
From Wednesday, Delhi traffic police will follow emergency vehicles armed with video cameras to collect evidence of violators. The next time if you don’t give way to emergency vehicles such as ambulance, prepare yourselves to find a traffic cop at your doorstep with a challan of Rs 2000. Five teams will travel in police vans [...] Continue Reading »
Faulty water bill sends senior citizen from pillar to post to get it corrected Can one person consume 1.77 lakh litres of water a month? The BWSSB Bangalore thinks so. It slapped a water bill of Rs 6,018 on Vasundhara P, 80, a resident of Padmanabhanagar. As if giving a faulty bill was not enough, [...] Continue Reading »
Bangalore Property Owners can breathe a sigh of relief. The Bruhat Bangalore Mahanagara Palike (BBMP) has extended the deadline for payment of property tax 2011-12 till May 30. The property owners can avail a 5% rebate on payment of property tax for whole year. BBMP had earlier fixed April 30, 2011, as the last date [...] Continue Reading »
The middle-class may be all out in support of the proposed Jan Lokpal Bill to curb corruption, but residents of Pearl Paradise layout, a much-favoured destination of city techies, would be at the receiving end of an inquiry by the Lokayukta. Lokayukta Justice N Santhosh Hegde has directed the urban development department/BDA to withdraw the [...] Continue Reading »
Don’t judge only by the actual site of the residence, or the cost of the property. Property rates are not decided on the basis of land value – it is the surrounding infrastructure that adds to the value of a location. The positive sentiment associated with festivals often motivates fence-sitting buyers to take the plunge [...] Continue Reading »
With the water demand in Chennai expected to shoot up to 2,248 million litres per day (MLD) by 2026 and rapid depletion of groundwater, the city has to find ways to make the best use of available water. A number of housing projects in Chennai are installing centralized Reverse Osmosis plants for pure water. Some [...] Continue Reading »
The plans of Hyderabad Metropolitan Water Supply and Sewerage Board (HMWSSB) to provide new water connections online seems to have gone for a toss. In the last two months, many denizens have filed online applications but officials like section managers, deputy general managers and general managers have reportedly made people run from pillar-to-post, to know [...] Continue Reading »
