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New Property Tax Cards will be issued in Chennai

New Property Tax Cards will be issued in Chennai
The Chennai Municipal Corporation had distributed Property Tax Cards valid for the period between 2007 and March 2012, to 6.5 lakh owners of houses in Chennai and other properties under the old city limits, for records of property tax payments. After the merging of new areas, the city now has 200 wards and the civic [...] Continue Reading »

Cost of properties in the outskirts of Bangalore is increasing

Cost of properties in the outskirts of Bangalore is increasing
Real estate in Bangalore has grown sharply than any other cities in India. The real estate prices in the outskirts of the city have grown faster than the inner city area. The real estate development in the outskirts includes Sarjapur, Hoskote, Bidadi, and Devanahalli areas have grown very rapidly. It is noticed that those who [...] Continue Reading »

Resale of properties in Chennai is increasing

Resale of properties in Chennai is increasing
As the cost of properties in Chennai are increasing and new apartments at affordable price ranges are difficult to secure within the city, resale market for existing properties is becoming hot in Chennai. The demands of resale of properties are increasing in prime location in the city. As new properties might not be coming up [...] Continue Reading »

BESCOM customers can now register complaints from Mobile

BESCOM customers can now register complaints from Mobile
BESCOM customers will be able to send SMS to 53030 mentioning BESCOM in the message to register their complaints from June 1st 2012. Recently BESCOM also launched 25 line helpline in order to address the complaints and will have the capacity to process over 1 lakh complaints. According to BESCOM Official this facility will reduce [...] Continue Reading »

Five new projects in India will be launched by Puravankara

Five new projects in India will be launched by Puravankara
Puravankara Projects is planning to launch 5 new real estate projects in Financial Year 2013. The projects will be constructed in the cities of Bangalore, Chennai, Coimbatore, Mangalore and Mysore. Puravankara is looking to sell 3 million square feet of projects in coming financial year. The company is also planning to utilize the demand for [...] Continue Reading »

Green buildings will be next step in Indian real estate business

Green buildings will be next step in Indian real estate business
The rising concern about the environment in response to global warming is driving thinkers to seek some sustainable solutions and are forcing people to reconsider and amend their ways of living to become more Eco-friendly. Stepping in to the market condition, builders in India are opting the green building concept broadly to reduce the environmental [...] Continue Reading »

Homes in Goa might lose their approach road

Homes in Goa might lose their approach road
Few residents in Varunapuri, Vasco, could get access to their homes cut off as the Navy will close its compound for them from June 1, 2012. Seven civilian families living in an area of Varunapuri can reach their homes only by passing through naval land. And the Navy had served notice to the state authorities, [...] Continue Reading »

Residential property price in Chennai has increased rapidly

Residential property price in Chennai has increased rapidly
It is observed that the Chennai residential property prices have shot up by threefold in four years. Areas like Ashok Nagar, Anna Nagar and T Nagar have boosted the price increase. Started in 2007 the real estate market has grown slowly but steadily. The demand for residential units in Chennai is likely to see a [...] Continue Reading »

Prestige Mayberry: 4BHK villa for sale in Bangalore

Prestige Mayberry: 4BHK villa for sale in Bangalore
Prestige Mayberry, a new villa project at Whitefield, was launched by Prestige Group. The project is constructed over 20 acres of land where 166 villas of different sizes varying from 2483 Sq.ft. to 3589 Sq.ft are available. The project brings lavishing state of the art villas within the abundant green environment which is quiet soothing [...] Continue Reading »

Ahmedabad pattern of town planning appreciated by builders association

Ahmedabad pattern of town planning appreciated by builders association
The Confederation of Real Estate Developers’ Association of India (CREDAI) has appreciated the Ahmedabad pattern of town planning for well-planned urban development. The builders association also proposed the Maharashtra government to implement the same pattern adopted by the Ahmedabad town planning authority. A proposal on the issue has already been sent to the President of [...] Continue Reading »



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