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Realty News

Stamp duty is increased by Mumbai government

Stamp duty is increased by Mumbai government
As the state government of Maharashtra has proposed a hike in the stamp duty of the property transaction, the buyers of the residential and non-residential properties in Mumbai will have to pay a five per cent stamp duty on the market value of the property. Earlier, the stamp duty in Mumbai was charged at Rs [...] Continue Reading »

Lake in Chennai is polluted by dumping of construction rubble

Lake in Chennai is polluted by dumping of construction rubble
The dumping of construction rubble into the Keelkattalai Lake over the past few days was polluting the environment. The lake is one of the sources of drinking water for the residents of the Gandhi Nagar area.  A wide variety of birds such as egrets, herons and cormorants also appears in the lake. Over the past [...] Continue Reading »

2100 Green Houses will be constructed in Tamil Nadu

2100 Green Houses will be constructed in Tamil Nadu
The Tamil Nadu government has planned to construct 2104 green houses in Krishnagiri district. These apartments in Chennai and other areas will be constructed under the Chief Minister’s Solar-powered Green House Scheme. The minister has also confirmed that all the construction will be completed by July 30th. The total cost of the construction will be [...] Continue Reading »

Construction of apartments in Chandigarh is stopped by HC

Construction of apartments in Chandigarh is stopped by HC
Tata Camelot was planning to construct skyscrapers in the vicinity of Sukhna Lake. They have to drop the plan as the Punjab and Haryana High Court today has directed Punjab, Haryana and the Chandigarh Administration to stop the construction activities in the lake’s catchment area, and also demolish the structure if any construction activity takes [...] Continue Reading »

Orissa government is planning to set new water tariffs

Orissa government is planning to set new water tariffs
The residents of Orissa are asked to save water as the government has planned a new tariff for the water usage in the state. According to the bill, the tariff will be increased by 3 percent every year. The government has also decided that telescopic tariff will be levied on all categories of consumers. For [...] Continue Reading »

Affordable Housing Schemes soon in Gujrat

Affordable Housing Schemes soon in Gujrat
The Gujarat Housing Board (GHB) after over 15 years is planning to launch seven residential schemes in four major cities of the state. The plan is to construct 9100 flats in these seven projects. Out of the seven projects, three projects will be launched in Ahmedabad, two in Rajkot and one project each in Surat [...] Continue Reading »

Last chance for revocation of cancelled allotments in Chennai

Last chance for revocation of cancelled  allotments in Chennai
The Tamil Nadu Housing Board has announced to give buyers a final chance to pay their due payments for the property allotted to them. In a press release, the Housing Board had cancelled the allotment of land, apartments and individual houses to buyers who have not paid three monthly installments consecutively. The government has given [...] Continue Reading »

Butterfly park in Tamil Nadu

Butterfly park in Tamil Nadu
Tamil Nadu government has proposed to set up a butterfly park in Srirangam at a cost of over eight crore rupees. The forest minister of the state has announced that “a special scheme has been drawn for establishing a butterfly park in 10 hectare area in Upper Anaicut Reserve Forest near Srirangam.” The government is [...] Continue Reading »

Many residential projects are coming up in Tiruchi

Many residential projects are coming up in Tiruchi
The Tiruchi–Chennai National Highway has stimulated the construction of residential properties in Tiruchi. It is also noticed that a good number of residential colonies have come up in the recent years. As the construction work is happening quite rapidly, the civic body is unable to provide basic civic amenities for the apartments in Tiruchi, particularly [...] Continue Reading »

Unauthorized construction is increasing in Nagpur

Unauthorized construction is increasing in Nagpur
The Nagpur Municipal Corporation has planned to scrutinize all real estate constructions in Nagpur for proper clearance. It is noticed that unauthorized constructions are increasing in Nagpur. The Municipal authority has shortlisted 716 buildings which have gone against the sanctioned plan. Till now the municipality has demolished the Illegal constructions at Tourist Inn in Sitabuldi [...] Continue Reading »



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