Realty News
Ooty municipality has started a drive to demolish the unauthorized construction on the Ooty- Coonoor Road. At the time of execution of the demolishing process, four municipality official were threatened by the owner of an illegal building at that place. The officials found around 700 square feet of extended unauthorized construction in that building which [...] Continue Reading »
Couple of decades back JP Nagar 5th, 6th, 7th, and 8th phase was surrounded by mud roads and greenery. With the high demand of independent houses, people from IT and corporate sectors invested into plots, buildings and little bungalows at this place. Over the years civic bodies of Bangalore arranged water supply and sanitation facilities [...] Continue Reading »
Green home rating system was launched by Indian Green Building Council at CII’s national conference in Pune. Additional Municipal Commissioner (Gen.) Pune Municipal Corporation announced that all green initiatives in real estate will get 5% to 10% rebate on property tax for green projects. The announcement made to enhance the effort to increase the green [...] Continue Reading »
An earth excavation work at Bagmane Tech Park in garden city Bangalore paved way for earth cave down for about 25 feet in the adjacent gated community of Purva Parkridge at Mahadevapura. One of the resident from Purva Parkridge who witnessed the incident live say that their child was rescued from this disaster within a [...] Continue Reading »
The real estate builders of India are now targeting the NRI investors and individual for promoting the project. To advertise the market opportunity, a property exhibition is set in Doha. More than 100 projects across India will be promoted in the property expo. The organizers expecting a huge inflow of funds will promote the real [...] Continue Reading »
The residents of The World Spa, Sector 30 in Gurgaon fed up coping up with the bad maintenance up kept in the apartment locality revolted back! Protest was staged against the developer and soon after a month a new agency for over all apartment maintenance has been placed! The new maintenance agency will take initiative [...] Continue Reading »
Kolkata Municipal Corporation (KMC) has planned to introduce online system for plan clearance of individual residential plots. As the chief minister found a piled up application pending for approval, she instructed KMC to facilitate the on line submission of application. The Mayor of KMC has appointed a new director general to enhance the sanction of [...] Continue Reading »
Wadia group is aiming for the high end society for their realty projects. Recently they have launched a new luxurious residential project in Mumbai. According to Wadia group experts, the company is aiming to concentrate on the premium end of property buyer’s market. Wadia group believe there is a shortage of supply in premium luxurious [...] Continue Reading »
The It industry has a wide variety of service ares. And the IT Enabled Service industry is the biggest sector in Bangalore. The ITES industry has a considerable effect in the real estate market of Bangalore. The availability of huge work force enable the IT industry to grow in the city. That growth helped the [...] Continue Reading »
Unitech announced luxury villa Aranya in Bangalore. The company is planning to acquire Rs 250 Crore from the sales of villas. The company has projected 2 years as the sales time line for all 68 villas. Unitech already made net sales value of Rs 513.90 Crore in the last quarter of 2011. The company also [...] Continue Reading »
