Realty News
Ulsoor, also known as Halasuru, is one of the oldest localities in Bangalore. Ulsoor has seen an increase in property prices in the October-December quarter 2012. The area has witnessed an increase of 4 percent in the average locality price during the October-December quarter. The proposed metro connectivity has been the major boost behind the [...] Continue Reading »
Chennai- As time passes by, Chennai metro rail project is soon to reach its official deadline. As per plan initiated by Delhi Metro Rail Corporation Limited (DMRC), the Chennai metro rail phase I will be planned as two corridors. The First, starts from Washermenpet and ends at the Chennai International Airport covering a distance of [...] Continue Reading »
New Delhi: Delhi’s troubled high-speed airport metro which was reopened last week will now run with full swing. The Airport Metro’s speed has been increased by 10 kmph. Earlier the trains on this line were allowed to run at a speed of 105 kmph. Owing to defects in the bearings supporting the track, in July 2012, the Airport [...] Continue Reading »
Now, citizens in Pune can breathe a sigh of relief. With increasing complaints from citizens of not receiving property tax bills or getting them too late to avail a 10 percent tax rebate, the Pune Municipal Corporation (PMC) has introduced a tool on their website for their ease. Around six lakh properties in Pune come [...] Continue Reading »
With the new property tax system in place, the Property Owners’ Association (POA) has called for a meeting, in which they asked the BMC to reconsider the new tax system. The new capital value-based property tax system has not gone well with the owners/landlords as it does not offer any cap for buildings that got [...] Continue Reading »
The North line of the Namma Metro between Sampige Road and Peenya will be taking more passengers, which comes in as a major relief for commuters, said Managing Director, Bangalore Metro Rail Corporation Ltd (BMRCL). According to the statistics from the Bangalore Metropolitan Transport Corporation (BMTC), there were five lakh footfalls every day on public [...] Continue Reading »
Bhartiya International, a fashion apparel exporter has made its entry in the real estate sector by launching a Rs 1,400 crore project in Bangalore. The company plans to fund the project through a mix of internal accruals and debt. The promoters of the Delhi-based company have a land of 125 acres in Bangalore near Hebbal [...] Continue Reading »
Delhi- One of the major reasons for acute shortfall of housing in Delhi is the lower floor area ratio (FAR) which does not allow high-rise apartments in Delhi. Thousands of high-rises with having 15 to 20 floors are found in Mumbai and National Capital Region (NCR), since the FAR value is high. But it is [...] Continue Reading »
Gurgaon- Anant Raj Group, a leading construction and infrastructure developers in North India, has been developing “Anant Raj Estate”, a peerless masterpiece township development in Gurgaon. The township project is a true manifestation of its core theme of “Re-creating Delhi’s Original Charm” and is planned to be an international standard, low-rise gated community encompassing all [...] Continue Reading »
Asian Development Bank (ADB) is going to fund as many as eight new mega residential and industrial township clusters that are coming up in and around Bangalore at a cost of Rs 2,100 crore. The upcoming projects required a total cost of Rs 2100 crore, in which ADB is expected to provide Rs 1400 crore [...] Continue Reading »
