Realty News
After a series of controversies and acceptances, garbage management tax in Indore is again in news. Indore Municipal Corporation (IMC) has again started the collection of garbage management fee in the city. The civic body already has to gain a total of Rs 2 crore from various hotels, gardens and hospitals. This is the second [...] Continue Reading »
Greater Hyderabad Municipal Corporation (GHMC) has given a rude surprise to L B Nagar property owners. As per sources, GHMC had sent revised tax notices to the shop owners for the last two months. But the notices had numbers which was unbelievable to the owners. The new tax rules says that rates have been levied [...] Continue Reading »
The plot area rates at Gurgaon has been increased again bringing in panic to the residents of city. The residents are not worried about the rate hike! However, they are expecting the same facilities in return for the extra money paid. Therefore, Palam Vihar Residents Association (PVRA) have moved this case to Gurgaon court against [...] Continue Reading »
A fund of Rs 1000 crore has been raised by ASK Property Investment Advisors to invest in Indian projects. The cities chosen for investment purpose are Delhi, Mumbai, Bangalore, Chennai and Pune. The main focus of the group is only on residential projects. Half of the fund, i.e, Rs 500 crore had been raised by [...] Continue Reading »
The plots at Ghansoli Mumbai recently was sold for reasonable rates wherein, City and Industrial Development Corporation (Cidco) failed to fetch these lands a good deal! However, Cidco officials say that corporation had opened bids for Ghansoli plots wherein six plots earned around Rs112 crore. The continuous slow down in realty market resulted in these [...] Continue Reading »
When whole of the country was witnessing a slump in real estate, Bangalore faired bit well amidst all the chaos. Inspite of hike in property prices and high interest rates, the garden city performed better than all other metros. As compared to other metros, residential sales in Bangalore saw a fall of only 7% as [...] Continue Reading »
Soon, paying property tax in Chennai is going to be an easier task, thanks to the city corporation. The Chennai Corporation has taken this initiative of appointing at least five public and private sector banks for collecting payment of property tax. The facility is planned to be launched after Pongal. The participating banks would be [...] Continue Reading »
Soon, the residential spaces will be imposed with property tax in Chandigarh. After the city municipal elections, UT administration has given direction to the municipal corporation on the imposition of the same. Earlier itself, the civic body was told to implement the property tax structure. However, it was not implemented as the city polls were [...] Continue Reading »
Residents of illegal colonies, villages and other resettlement colonies demanded the government to regularize these type of colonies over a meeting. They also urged to rate the electricity at subsidy basis and provide it to the residents of such areas. Large number of residents participated in the meeting organized by Delhi Vikas Morcha at Tughlakabad. [...] Continue Reading »
Hoskote, a small part of the city is now being witnessed a area full of potential! In terms of development, it is a good area and it looks promising. Adjoining areas of Hoskote include Whitefield and K.R. Puram, which are also the nearest railway stations and provide with better connectivity with other prime locations of [...] Continue Reading »
