Realty News
The Chennai Municipal Corporation had distributed Property Tax Cards valid for the period between 2007 and March 2012, to 6.5 lakh owners of houses in Chennai and other properties under the old city limits, for records of property tax payments. After the merging of new areas, the city now has 200 wards and the civic [...] Continue Reading »
Real estate in the southern part of India has seen stable sales and better than the north. This has happened because of the cautious pricing strategies adopted by local builders in the south Indian cities. Everybody, from banks to realty developers to the first-time buyer feels a lot more comfortable in investing in the properties [...] Continue Reading »
Real estate in Bangalore has grown sharply than any other cities in India. The real estate prices in the outskirts of the city have grown faster than the inner city area. The real estate development in the outskirts includes Sarjapur, Hoskote, Bidadi, and Devanahalli areas have grown very rapidly. It is noticed that those who [...] Continue Reading »
Real estate developers in India are building more high-end shopping malls that will cater to retailers and buyers of luxury brands. DLF Ltd has planned to build two more luxury DLF Mall in the National Capital Region. The two malls, which are expected to be operational by 2013-14, will come up in Chanakyapuri, in the [...] Continue Reading »
As the cost of properties in Chennai are increasing and new apartments at affordable price ranges are difficult to secure within the city, resale market for existing properties is becoming hot in Chennai. The demands of resale of properties are increasing in prime location in the city. As new properties might not be coming up [...] Continue Reading »
BESCOM customers will be able to send SMS to 53030 mentioning BESCOM in the message to register their complaints from June 1st 2012. Recently BESCOM also launched 25 line helpline in order to address the complaints and will have the capacity to process over 1 lakh complaints. According to BESCOM Official this facility will reduce [...] Continue Reading »
Puravankara Projects is planning to launch 5 new real estate projects in Financial Year 2013. The projects will be constructed in the cities of Bangalore, Chennai, Coimbatore, Mangalore and Mysore. Puravankara is looking to sell 3 million square feet of projects in coming financial year. The company is also planning to utilize the demand for [...] Continue Reading »
The rising concern about the environment in response to global warming is driving thinkers to seek some sustainable solutions and are forcing people to reconsider and amend their ways of living to become more Eco-friendly. Stepping in to the market condition, builders in India are opting the green building concept broadly to reduce the environmental [...] Continue Reading »
Few residents in Varunapuri, Vasco, could get access to their homes cut off as the Navy will close its compound for them from June 1, 2012. Seven civilian families living in an area of Varunapuri can reach their homes only by passing through naval land. And the Navy had served notice to the state authorities, [...] Continue Reading »
It is observed that the Chennai residential property prices have shot up by threefold in four years. Areas like Ashok Nagar, Anna Nagar and T Nagar have boosted the price increase. Started in 2007 the real estate market has grown slowly but steadily. The demand for residential units in Chennai is likely to see a [...] Continue Reading »
