Community
The area known for its IT hub, Koramangala in Bangalore city has more than 50 service apartments. The occupancy rate at these service apartments in Bangalore has shown a sharp rise from 20-30 percent to 60 percent. Koramangala, having close vicinity to many IT companies, many prime hospitals like Manipal and St Johns is attracting [...] Continue Reading »
The prices of real estate properties at Chandigarh in Panchkula is sky-rocketing. Buying a plot has become a distant dream for a common man in Panchkula. This real estate scenario had sometime diverted common people’s mind to forcibly get adjusted to apartment culture. However, in recent times the prices of apartments in Chandigarh comes only [...] Continue Reading »
Along with the country the real estate in Ahmedabad also witnessing slow progress in terms of sale. The entire real estate sector is under tremendous pressure. The price of real estate projects became stable after a high rise in last two years. The crunch in liquid inflow made the landowners and the builders for opting [...] Continue Reading »
The area of the Chennai city has grown around 250% in times. But the tax collected by the city corporation has been dropped by 5% in last fiscal year. The officials say the technical problem and the stuff crunch are main causes for the less collection of tax. Till march 31, the tax collection target [...] Continue Reading »
The government of Mumbai has introduced the new development control regulations for the properties in Mumbai. According to the new Floor Space Index (FSI) calculation, the balcony, flower beds, ducts, car decks, etc. will not be included in the salable floor area. However according to builders association this decision will increase the cost of the [...] Continue Reading »
The real estate-focused private equity (PE) firm ASK Property Investment Advisors Pvt. Ltd has planned to invest Rs 100 crore in the redevelopment project in Mumbai By the Godrej Properties. The ASK group has taken 49% stake of the project. the redevelopment projects are considered as a difficult way of construction. The other PE transaction [...] Continue Reading »
To increase the voters’ turnout on the D day, Residents Welfare Associations (RWA) of the apartments in Delhi have been spreading awareness. To begin with they have been organizing poster making competition to encourage more voters. This competition was being held with Flavour of Art foundation, an NGO in favour of MCD elections. The slogan [...] Continue Reading »
Janakpuri and Vikaspuri are two localities located in close vicinity in West Delhi. These localities were formed in 1976 and have the similar demography with same set of problems. The residents of these areas are facing problems like poor drainage system, low water supply and many other issues. Even the five parks are not being [...] Continue Reading »
Team Anna members is soon going to have a rally in Lucknow. This rally will oppose paying tax to municipal corporations who do not provide proper basic amenities. As the polls are nearing in UP, the team sense that this threat can work for getting civic amenities like clean drains, good roads and drinking water [...] Continue Reading »
There is a turnaround scenario in the upcoming municipal polls in Delhi. Resident Welfare Associations (RWAs) in Delhi are having faith in independent candidates than other political parties. This is because the party takes the vote and shows minimal interest whereas the independent candidate can be more trustworthy and promising than others. The federation of [...] Continue Reading »
