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Realty News

Developers going celebrity ways to market projects!

Developers going celebrity ways to market projects!
Developers in Ahmedabad have taken innovative ways to market their projects. They have gone starry ways and have roped in tinsel town celebrities for launching projects. Stars like Amitabh Bachchan, Hema Malini, Juhi Chawla, Bappi Lahri and Darsheel Safary are being asked to advertise the projects for better sales. However, experts doubt these efforts stating [...] Continue Reading »

EWS to get home loans on priority basis than others

EWS to get home loans on priority basis than others
A good news has arrived for the Economically weaker sections (EWS)! Reserve Bank of India has announced that EWS sector should be given home loan by banks on priority basis. The main motive is to categorize the revenue adequately and ensure proper flow of credit to them. A committee has been assigned the task of [...] Continue Reading »

BBMP has to pay a Rs 60 crore as interest against loan!

BBMP has to pay a Rs 60 crore as interest against loan!
Bruhat Bangalore Mahanagara Palike (BBMP) which was under a heavy debt had to recently mortgage its Krishna Rajendra Market (KR Market). The civic body has to part with Rs 60 crore as interest annually for the loan of Rs 500 crore which it got after mortgaging KR market. One of the party leaders has ascertained [...] Continue Reading »

Lake reduced with illegally constructed road

Lake reduced with illegally constructed road
One or the other issues keep haunting Bangalore city. Right now its turn of Electronic city wherein the Gollahalli lake has been illegally acquired upon by newly constructed road. The road on this lake bed was constructed during year 2007 according to Right to Information Act (RTI). Since the time of road construction, the lake [...] Continue Reading »

Genesis realtor realty projects in Bangalore

Genesis realtor realty projects in Bangalore
Genesis realtors a realty group headed by qualified professionals from various fields like; developing and building both commercial and residential projects, manufacturing and design buildings. Genesis from over the years have constructed many luxury apartments and residential enclaves and the company operates from Bangalore also has have a branch office in Hyderabad city. At present [...] Continue Reading »

Phase II of tax collection in Kochi begins

Phase II of tax collection in Kochi begins
Second phase of the tax collection in Kochi has started recently. Kochi Corporation has hopes of achieving the Rs 100 crore target for the current financial year. Out of Rs 100 crore, around Rs 45 crore was being collected in the first phase of Aug- Sept 2011. The main share of the collection will be [...] Continue Reading »

Tax defaulters name to be published by BBMP

Tax defaulters name to be published by BBMP
Property tax defaulters have no rescue in Bangalore. After the recent drum beats by Bruhat Bangalore Mahanagara Palike (BBMP) to wake up the tax defaulters, the civic body has now decided to take out their names on paper. Ones who have dues between Rs 1 lakh and Rs 2.71 crore have been sent the list [...] Continue Reading »

Property tax can be paid in six installments in Rajkot now!

Property tax can be paid in six installments in Rajkot now!
Rajkot Municipal Corporation (RMC) has now taken an innovative initiative for its denizens! From now onwards, if it is a burden, then no need to pay property tax as a whole amount. The civic body has suggested to allow payers to pay property tax in six installments from April 1 to September 30. No other [...] Continue Reading »

Whitefield realty boomed as IT companies set in

Whitefield realty boomed as IT companies set in
Whitefield has seen an upward trend in realty market due to a high number of IT companies in the neighbourhood. Land prices in this area has shoot up like gold as the demand keeps increasing by the IT professionals for the houses. A well furnished flat which was Rs 35 lakh before costs somewhere around [...] Continue Reading »

Link road on Bannerghatta-Hosur Road stretch by BBMP

Link road on Bannerghatta-Hosur Road stretch by BBMP
Bruhat Bangalore Mahanagara Palike (BBMP) has decided to build a link road connecting Bannerghatta Road to Hosur Road via Madivala Lake. This initiative was taken while inspection of Bommanahlli zone which will be a good help for the commuters in those areas. The construction work has been assigned to Bangalore Development Authority (BDA). High priority [...] Continue Reading »



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