Realty News
In order to revive the slump in the industries and safeguard the interests of the MNCs and large conglomerates, Corporate India has requested the Finance Minister Arun Jaitley to exempt special economic zones (SEZ) developers and units from the levy of minimum alternate tax (MAT). The previous government did not pay any heed to this [...] Continue Reading »
The Bangalore Development Authority has gone ahead and denotified seven acres of land in the controversial site itself. On Saturday, the allottees association also shot off a letter to the chief minister Siddaramaiah. He happens to be the chairman of BDA and also demands a CBI intervention into the issue of denotification. There are survey [...] Continue Reading »
When India’s capital was given the Delhi Metro, it completely changed into the fast-paced city that you see today. India’s financial capital is gearing up for a similar change with the forthcoming Versova Andheri-Ghatkopar (VAG) corridor commissioning of the Mumbai Metro. The PPP initiative from a major French transportation company, Veolia, and Reliance Infra is [...] Continue Reading »
The government of Maharashtra told the legislative council on Saturday itself that the police station at Marine Drive had taken down a statement from Mumbai North East MP Kirit Somaiya against three chief ministers along with two other serving ministers who were accused in the case of Adarsh. One of the politicians of BJP named [...] Continue Reading »
After the wait was finally over, the city of Mumbai finally experienced the rush and joy of the metro ride within six hours of its operation on Sunday itself when Prithviraj Chavan who happens to be the chief minister flagged offs its service. According to one of the Mumbai Metro One Spokesperson, it passes the [...] Continue Reading »
Arun Jaitley has finally taken office as a finance minister and he is laying special emphasis by restoring the growth as inflation is controlled as well as refining the budget deficit at the same time. Since he was the commerce minister during the Vajpayee government from 2003 to 2004, he will make sure that the [...] Continue Reading »
Sometimes prime property can give you very low returns, in terms of rent. In such a case, you might find it hard to manage the expenditure for basic upkeep, what with such a low rental return. But you can definitely charge a higher rent rate, only if you keep a few real estate essentials in [...] Continue Reading »
Since the rapid sale of around 19 industrial plots out of the 80 sites one will find at the Mohali IT Park, the hopes of establishing an IT city by the Greater Mohali Area Development Authority does not seem that positive. If we go through the current scheme, we will see around 80 plots offered [...] Continue Reading »
Rao has recently mentioned that the housing scheme which had been made specifically for the poor will now be taken off. Two bedrooms, one hall, one kitchen along with a toilet would be made for the poor. Each of these houses would be costing Rupees 3 lakhs and would take 125 square yards. He also [...] Continue Reading »
The Aam Admi Party has gone ahead and filed a complaint along with the police against the critical issue of slum redevelopment. They have accused the Union Urban Development Ministry and the DDA to sell land all the land at inexpensive prices to a private developer in one of the posh areas of New Delhi. [...] Continue Reading »
