Realty News
Nashik – The budget 2013 for the upcoming financial year is expected to have a 10 percent hike in the residential property tax as suggested by the civic administration. This policy was presented to the chairman of the standing committee of the Nashik Municipal Corporation (NMC). The decision is yet to be taken by the standing [...] Continue Reading »
Delhi/NCR- Meerut, located just 65 km away from Delhi, has become one of the potential realty segments as it has offers for both middle and upper-class home buyers. One of the key reasons which makes this place a best investment option is the improving infrastructure and fast connectivity. The top realty players like Ansal Housing, Supertech and [...] Continue Reading »
Jammu and Kashmir- One of the most appealing destinations in India, Jammu and Kashmir has the world’s highest rail bridge apart from its scenic beauty and magnificent landscapes. The Indian Railways has put in efforts to construct this highest bridge and will be completing it by 2016. This bridge which is named as Chenub Bridge [...] Continue Reading »
Kozhikode- With the boom in real estate business, there has been an increased number of property disputes in Kozhikode. Out of the total cases, about 50 percent of the cases were regarding property disputes among families. According to a commission, there were about 86 property dispute cases during an adalat session. The key reasons for the increased [...] Continue Reading »
Nagpur- Sahara City Township being developed on 107 acres of land in off Wardha Road, Nagpur has been facing several issues. The construction work has been kept pending and it has only few residents staying in the township. Residents are unhappy as there are hardly any neighbours who are residing in their surroundings. Sahara City Homes [...] Continue Reading »
Hebron Properties, a Bangalore based premium real estate developer, has launched its new ultra-luxury residential project, ‘Hebron Enclave’ near T.C. Palya in K.R. Puram, Bangalore. The project brings to the city the ‘great Australian living’ concept, which seamlessly fuses the indoors with the outdoors. The Hebron properties will have homes in two categories- aristocatic bungalows [...] Continue Reading »
New Delhi- DLF, a leading real estate developer of India, has planned to reduce its debts by 50 percent over the next three years. It is likely to achieve this through sale of its non-core assets, fresh equity shares and improved cash flows. Last week, the top executives of DLF had a meeting wherein they [...] Continue Reading »
Hyderabad- The last contract of L&T Metro Rail of Hyderabad has been handed over to Samsung Data Systems India Private Limited. It is a Rs 200-crore contract for the Automatic Fare Collection (AFC) system for the metro. Samsung Data Systems India Private Limited is a subsidiary of Samsung SDS, Korea. This Korean company was selected [...] Continue Reading »
Delhi- Delhi is likely to grow vertically with a proposal made by an advisory committee saying that buildings in Delhi to be allowed to go up 2.5 metres higher than the existing limit of 15metres. During the mid-term review of the Master Plan, an advisory committee has recommended that buildings that have a provision of [...] Continue Reading »
With the increasing protests from the citizens of Maharashtra against new property tax system, a demand for a stay on the regime has now been made to the state government. Recently, Brihanmumbai Municipal Corporation (BMC) had introduced the new property tax system in the state, following which many protests were witnessed. A MP from North [...] Continue Reading »
