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Realty News

Malaxmi Group enters the property development business with a 100 crore investment

Malaxmi Group enters the property development business with a 100 crore investment
Malaxmi Group, Hyderabad-based company, making its entry into the property development business with an investment of about Rs. 100 crore. The project named Sentosa, is a luxury real estate project located in in Vijayawada of about 2,500 sq.ft each, with servant quarters, priced in the Rs. 1 crore range. The project will complete within 18 [...] Continue Reading »

Kanpur property owners can now pay house tax online

Kanpur property owners can now pay house tax online
Umesh Pratap Singh Municipal commissioner, Kanpur will inaugurate online house tax payment facility on this December 26. People can visit Kanpur Municipal Corporation (KMC) website and click “Property Tax Information button” and then click “Pay Your Property Tax Online”. Enter the Property Identification Number (unique 15 Digit PID)or details to view & pay Property Tax. [...] Continue Reading »

GHMC likely to introduce single challan building permission

GHMC likely to introduce single challan building permission
Greater Hyderabad Municipal Corporation (GHMC) proposes single challan building permission system to encourage construction activity in the city. GHMC special officer Somesh Kumar said GHMC planning to introduce new system from January 15. Once the new system comes into force, it will be easy for builders and people in the construction industry for paying challans [...] Continue Reading »

Online Realty Portals go beyond Property Listing

Online Realty Portals go beyond Property Listing
Online real estate portals offers tools like Sky View, 3D Virtual Tour, e-model and technologies such as drone cameras. This helps customers or property buyers to get a sense of having visited the place. Sumit Jain, Co-founder & CEO of Commonfloor.com said “We use tools like Sky View, 3D Virtual Tour and e-model to help [...] Continue Reading »

Railway Extension Proposals to Bangalore suburbs to IT Hub

Railway Extension Proposals to Bangalore suburbs to IT Hub
Realty prices in the suburban areas are seeing a steady rise with the development of the metro services. Many citizen groups in the city have now come up with the suggestion of addressing railway connectivity which can connect the suburbs to the central IT hub. The metro has no doubt made a positive impact in [...] Continue Reading »

Property Tax Hike for House Owners in Ghaziabad

Property Tax Hike for House Owners in Ghaziabad
Property owners of Ghaziabad shall have to pay more house tax from the following financial year as a result of the decision announced by the Ghaziabad Nagar Nigam (GNN) to increase house taxes by 10 percent. The report was made by BJP leader and Councillor Rajendra Tyagi. Around 45 proposals have been made related to [...] Continue Reading »

Industrial Corridor around Coimbatore Boosting Realty Markets

Industrial Corridor around Coimbatore Boosting Realty Markets
The fast developing city Coimbatore – Tirupur – Erode Industrial Corridor is expected to receive a major boost in its real estate sector that has been a result of a changing economic scenario. Coimbatore is developing at a rapid pace with upcoming IT and Healthcare industries coming up. The industrial corridor as it is known, [...] Continue Reading »

Affordable Housing Sector In Pune in Great Demand

Affordable Housing Sector In Pune in Great Demand
There had been a 52% dip in the affordable housing segment in Q3 of 2014 all across India. However, while this had been the scenario elsewhere, the housing segment in Pune is reported to have a healthy growth rate. In the third quarter of 2014, affordable housing segment across different parts of India experienced a [...] Continue Reading »

Where there is a house, there is a way!

Where there is a house, there is a way!
The New Central Government is proposing to support for the construction of houses for the middle class and poor people. The estimate is about 7 Crore houses. The mission for the government is low cost affordable housing. This is real good new news for developers. Out of this 7 crore, 31% of the houses are [...] Continue Reading »

Regularize illegal water connection Before Dec 31-BWSBB Bangalore

Regularize illegal water connection Before Dec 31-BWSBB Bangalore
The Bengaluru Water Supply and Sewerage Board (BWSBB) has instructed all citizens to get their water connection registered and illegal by 31st December or else face criminal proceedings which will cause imprisonment of up to two and a half years. Due to the growing number of illegal water connection in the city of Bengaluru brought [...] Continue Reading »



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