Realty News
The real estate industry of India is still suffering from low demand and financial crisis. The real estate debt is increasing with the days progressing. People are showing less interest in investing on buying apartment due to the high cost. Therefore, the real estate industry is hoping some facilitating decision in the coming budget which [...] Continue Reading »
The state housing department in Mumbai is refusing to handover the flats built on the mill land at its cost price. The flats here have been built upon the mill land each measuring 225 square feet. The department has finalized Rs 8.34 lakh as the flat rates and now this is in the issue. These [...] Continue Reading »
Due to the high growing rate of urbanization, lots of agricultural lands are being converted to plots for the construction of apartments. The revenue department of the Tamilnadu state government served a notice to pay non agricultural assessment tax, as majority of the land has already been converted into housing sectors. Also, the government is [...] Continue Reading »
The residents of Darjeeling are fearing of a sudden water crisis. As an effect of dry weather condition, the water level of the two reservoirs are decreasing by 2 inches every day. As the near future will be a attracting season for the tourists. With this the water crisis will hamper the life of the [...] Continue Reading »
The water woes in Hyderabad especially at the Jubilee Hills is increasing with the commence of summer season. With the days progressing and rise in temperature the water shortage is becoming a threat! The residents of Jubilee Hills are spending days in dark with the improper water supply. Midst all these crisis, the water tanker [...] Continue Reading »
The Pimpri-Chinchwad slum near Pune is abolished and the same location will soon get a new multi storied tenement apartment complex. The initiative was taken by Jayshree Gulab Pingle, one of the slum member. Under the Central Governments’ Jawaharlal Nehru National Urban Renewal Mission, the construction of the complex will commence at the earliest. It [...] Continue Reading »
The real estate companies in India are not trying to pay off the debts. Rather they are more interested in buying lands from the earnings. It is reported that the rate of sales of apartments has been increased and the debts for the big builders also increased. The builders like DLF, Godrej Properties raised more [...] Continue Reading »
The Pune Municipal Corporation (PMC) implemented a delay in water supply at different places in Mumbai. Even though PMC assured that it is not a permanent hold on water supply, the residents have no other go but to pay private tankers. The residents of Sinhagad Road and Bibavewadi also complained improper supply of water. The [...] Continue Reading »
The Maharashtra Housing Regulatory Development authority (MHADA) released a notification to reserve 20 percent of space for the weaker section of the state. As the state aims to provide home for the all sections of people in Maharastra. The government made it as an appeal to the real estate builder community to help people of [...] Continue Reading »
Gurgaon is suffering from insufficient sewerage lines. The underground sewage system is not enough to support the growing real estate in and around Gurgaon. As lot of different colonies are coming up in all places and many of them do not have proper sewage system. Though HUDA had invested lakhs of rupees in Behrampur treatment [...] Continue Reading »
