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Realty News

Burden of increase in land holding tax for Bhubaneswar residents soon

Burden of increase in land holding tax for Bhubaneswar residents soon
Recently, Odisha cabinet has decided to increase the land valuation which will in turn increase the holding tax in the state making it a burden on residents in Bhubaneswar. The land valuation is by general administration (GA) department in the city and it will be increased to match the benchmark valuation of revenue department. The [...] Continue Reading »

Residents plan to move SC to save their illegal property

Residents plan to move SC to save their illegal property
Residents of Green Heritage project in Mumbai are planning to move to Supreme Court to save their property which stands illegal. After buying the property, the residents alleged that they have become victims of the violations done by the builder. Earlier, High Court had already passed a verdict for demolition of the property which they [...] Continue Reading »

Real Estate Conclave 2012 to be held in Mumbai

Real Estate Conclave 2012 to be held in Mumbai
Confederation of Indian Industries (CII) is going to organize a conclave in Mumbai to discuss the issues which are affecting the real estate industry. Maharashtra Minister for Housing will inaugurate the Real Estate Conclave 2012 and Jones Lang LaSalle India chief and Country Head Anuj Puri will be the Chairman of the conference. The main [...] Continue Reading »

SPRRG launches its new venture at Porur

SPRRG launches its new venture at Porur
SPR&RG Constructions Pvt Ltd, a fast growing real estate player in the city of Chennai is planning to construct a new project called Osian Chlorophyll, located at Porur, Chennai. The firm is engaged in acquisition and development of residential and commercial real estate apart from executing infrastructure projects. The project is being developed on greenery [...] Continue Reading »

GHMC Hyderabad to deploy GIS to catch tax defaulters

GHMC Hyderabad to deploy GIS to catch tax defaulters
There are many defaulters in Hyderabad who have been eluding property tax. For catching those people and to save crores of rupees lost as revenue in the form of property tax, GHMC Hyderabad has planned to install Geographic Information System (GIS). Two agencies, Vayum Technologies and Vensoft, will help the civic body with the endeavour [...] Continue Reading »

Home sales down due to jump in property prices

Home sales down due to jump in property prices
Due to an increase in property prices and poor salary increments, home sales witnessed a slump in New Delhi. Manas Tripathi, an executive at a Delhi-based car company, said since property prices have gone up and only 5 per cent of increment in salary, he is not able to take a huge housing loan. He [...] Continue Reading »

HMDA to issue notification for auction plots soon

HMDA to issue notification for auction plots soon
The Hyderabad Metropolitan Development Authority (HMDA) has decided to issue a notification for auctioning plots soon. The auction will be conducted through e-bidding, where people will have to quote their price online. The HMDA authority would put up 44 plots in the proposed auction. The plots will be put for auction in leftover areas like Nallagandla, [...] Continue Reading »

Salarpuria Group, a renowned name in real estate sector

Salarpuria Group, a renowned name in real estate sector
Salarpuria Group, a very famous name in the real estate domain needs no formal introduction. The group which was established in the year 1985 in Kolkata has evolved a lot since then in every sector in the market. Construction, Architecture, Real Estate, Construction Management, Facility and Infrastructure Management and Finance are some the group’s branches [...] Continue Reading »

Banjara Hills: Land disputes remain unresolved

Banjara Hills: Land disputes remain unresolved
The land disputes in the prime area of Banjara Hills remain unresolved from decades, between government and private parties that claim to be its owners. Up to 140 acres of vacant land in different parts of Banjara Hills worth as much as 3,000 crores is under litigation presently. Claimants of these properties are descendents of [...] Continue Reading »

Salarpuria Senorita, luxurious project in Sarjapur Road

Salarpuria Senorita, luxurious project in Sarjapur Road
Salarpuria Senorita is the new residential project, which is being launched in the busy layout of Sarjapur Road. The complex is spread across 4 acres of land comprises of 349 units of 2 and 3 BHK apartments. The complex also provides with world class amenities with great landscape and lush green environment. The project is [...] Continue Reading »



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