Realty News
The real estate market in Surat has observed a growth of 100 percent in last two years. The infrastructure development in the city helped people to plan for buying apartments in outside the city. In Surat the real estate growth is directly proportional to the income of the household. As the income of the residents [...] Continue Reading »
The Kolkata Municipal corporation has ordered billboard agency to dismantle the Park Circus foot bridge. Another footbridge at Rajabazar will also be relocated to the crossing of APC Road and Keshab Sen Street. The decision of dismantling the bridge was taken due to the frequent accidents happened in the area. Dismantling of the Park Circus [...] Continue Reading »
The Nashik Municipal Corporation has put on hold to the approval process for all the housing plans. Due to this hold construction of more than 100 residential projects in Nashik have not started yet. The town planning department is waiting for the detailed guideline on 20% reservation in housing projects for weaker sections. The construction [...] Continue Reading »
The developing areas in and around Delhi has reason to cheer up! The connecting towns and cities around Delhi and NCR region is being planned for all round development. The Haryana chief minister Bhupinder Singh Hooda has announced Rs. 10 crore to be sanctioned for the development of Palwal villages and towns. At Palwal, the [...] Continue Reading »
The Maharashtra Housing and Area Development Authority (MHADA) are constructing the affordable houses in Mumbai region for the last six decades. MHADA will announce the the sale prices for the houses this year. However the listed prices are beyond the reach of low and middle income group. The tentative cost for the houses for Economically [...] Continue Reading »
The city civil court witnessed about 3000 people summoned for a hearing in a case filed by L&T against the owners of the apartments of South City. In the case filed by L&T, asked for an injunction against the interfere of the South City Housing Apartment Owners Association (Sugruha) to the daily maintenance work. The [...] Continue Reading »
Bhubaneswar Development Authority (BDA) is very soon coming up with the effective “mixed land use” policy for the betterment of the city. After the implementation of this policy, the diversified use of residential land will be more subtle. According to current provision, one third of land in residential plots can be used for commercial space [...] Continue Reading »
The Urban Development Ministry has proposed to increase the property taxes in Mumbai Municipal area. The ministry planned to increase the funds for the development of Urban infrastructure. Though the idea of investing more in urban infrastructure is appreciable, the outcome of increasing tax will make the houses unaffordable for the residents of metro cities. [...] Continue Reading »
The Yamuna Expressway Industrial Development Authority (YEIDA) dropped the urgency clause for acquiring village lands. The decision has been taken after the order ruled out by Allahabad high court. According to the order any land acquired from the farmers without hearing objections should be returned to them. Farmers are also ready to sale the lands [...] Continue Reading »
The demand for vegetarian only apartments are rising in Chennai. Looking at the rising demands, the builders are also constructing vegetarian specific residential apartments in several areas. Builders like Vijay Shanti has launched two vegetarian only apartment complexes in Chennai. Alliance group also specified few blocks in their upcoming residential project as vegetarian floor. The [...] Continue Reading »
