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Realty News

Luxurious apartments will be constructed in Mysore lamp land

Luxurious apartments will be constructed in Mysore lamp land
The Chief Minister of Karnataka directed the BDA to take over the land of the Mysore lamp and start construction of residential apartment. According to the home ministry, the abandoned land can be utilized for revenue generation after construction of apartments in Mysore. About 39 acres of lands are there in the location, and a [...] Continue Reading »

Residential apartments constructed on heritage land

Residential apartments constructed on heritage land
Residential apartments constructed in the temple courtyard of Belbaug temple at Somwar Peth, Pune. It is reported that the temple has a heritage of 400 years old and the recent structure of the temple holds a small temple and a smaller Varanda. According to the Khapardes, who manage and own the temple, never approached the [...] Continue Reading »

CAG revealed another housing scam in Mumbai

CAG revealed another housing scam in Mumbai
The Comptroller and Auditor General (CAG) has revealed the scenario of the real estate sector in Mumbai. In a report (yet to be tabled in the Maharashtra assembly), CAG demonstrate how the MLAs submits fraudulent affidavits and income certificate to prove that they are from lower income group, and manage to acquire properties with very [...] Continue Reading »

New residential project in Mangalore

New residential project in Mangalore
A new residential project, Asta lakeside, started its construction work with the groundbreaking ceremony in Mangalore. M/s Ace-infra Projects and Investments with Yenepoya Mohammed Farhaad will construct the luxurious residential apartment in Mangalore. 2BHK and 3BHK flats will be constructed with all modern amenities. The project location is in close proximity of market complex and [...] Continue Reading »

Government finally thinking of Real estate Regulatory Bill

Government finally thinking of Real estate Regulatory Bill
The central government is finally planning to introduce the Real Estate Regulation and Development Bill. According to an official, housing ministry has drafted the bill and hoping to place the bill in the current session of the parliament. This will bring good news to the home buyers of the country in terms of transparency and [...] Continue Reading »

Apartments in Mohali are in high demand

Apartments in Mohali are in high demand
The property price is rising rapidly as the demand for residential apartments in Mohali are increasing. As Chandigarh is the first choice of properties for the home buyers. But as the cost of properties in Chandigarh are much higher, the buyers are looking for apartments in Mohali. The cost of a 3 BHK apartment in [...] Continue Reading »

New residential project in Nagpur

New residential project in Nagpur
The Godrej Properties Limited (GPL) launched a luxurious residential project in Nagpur. Godrej Anandam is the latest residential project. It is going to be developed at Model Mills, Ganeshpeth, Nagpur. 2BHK, 3BHK, and 4BHK apartments will be available in  the residential project. All modern amenities like clubhouse, swimming pool, sauna and steam room, Jacuzzi, cricket [...] Continue Reading »

New zone formation for Nagpur Municipality

New zone formation for Nagpur Municipality
Earlier the Nagpur Municipality was divided under 136 wards. In last municipal election the wards were reformed into 72 ward by clubbing the areas of different wards. After the formation of new wards, all the wards need to be distributed among 10 zones in the city. As the zonal distribution has not been completed yet, [...] Continue Reading »

Residents of Chandigarh have to pay housing tax

Residents of Chandigarh have to pay housing tax
The councilors of the Chandigarh civic body have opposed the imposing of housing tax for the properties in Chandigarh. But the UT administration wants the initiation of housing tax in the municipalities. In a meeting with the UT and the municipal corporations, it is made clear that the city may lose the grants of Rs. [...] Continue Reading »

Indore infrastructure projects will be boosted by Government aid

Indore infrastructure projects will be boosted by Government aid
The State government has approved the grant for the infrastructure projects in the state. After that Indore Municipal Corporation planned to invest in development projects in Indore for development of sewage system, construction of roads, bridges, flyover, foot over bridges, sports stadium and purchase of equipments for solid waste management system. The Indore Municipality has [...] Continue Reading »



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