Realty News
Every now and then government release funds for the infrastructure developments and again there is a breaking news saying “the city lacks basic infrastructure”. However the case is hoped not to be same in Lucknow. Speaking in context with the same, Minister for urban development Nakul Dubey say that for over other 20 years from [...] Continue Reading »
Indian cities are now becoming famous with the mad rush of real estate investments made by NRI’s. Same has been assured according to the survey conducted during the 2-day property show organized by Priya Publications and REBI. This revealed that NRI’s especially from US have Bangalore city as their favorite destination for the real estate [...] Continue Reading »
Residents living around villages like; Kidangannur, Mallappuzhasserry and Aranmula in Kerala are on a rigid protest against the set up of private airport at Aranmula. Residents claim that this Aranmula land has been illegally grabbed by KGS Group, Chennai based realty promoters. However, KGS group promoters of greenfield project has denied the illegal case booked [...] Continue Reading »
Municipal Corporation of Delhi (MCD) is busy preparing and scheduling tasks for the upcoming elections in New Delhi. In this scenario, BJP ruled MCD as well as Standing Committee of MCD has rejected the plan of hiking the property tax. The budget proposals for the next financial year 2012-2013 revealed that amendments or hike in context [...] Continue Reading »
Sarovar hotels, a well known hospitality firm is all set and ready to strengthen its presence in Africa. Sarovar has deeded a contract with M & H Corporation Ltd in managing three-star property. Experts from Sarovar Hotels say that they are contended to emerge their presence in Nairobi (Africa). As the feel good factor is [...] Continue Reading »
No worries do these overseas realty investors have, even during the time of recessions. Global contractors are looking forward to invest in India and China which are still considered as growing countries. Similar case has been witnessed in central Mumbai, wherein one of the West Asia-based firm was successful in signing a residential project with [...] Continue Reading »
Flats in Essel Towers on Mehrauli-Gurgaon Road were raided recently by district town planning (DTP) department. Few of the flats in these towers were used for commercial purposes instead of using it as a residential plot. Also the DTP officials say that many such flats were used as a slot for bars, offices and guest [...] Continue Reading »
It comes as a surprising news that foreign real estate players will be permitted to invest or own the Special Economic Zones (SEZ). Even though there are restrictions from Foreign Direct Investments (FDI) the department of commerce and industry has now eased this norm. It has been long time since the Special Economic Zone (SEZ) [...] Continue Reading »
Diwali 2011 was not at all productive for Indian real estate especially in Mumbai. It has been witnessed that throughout the year, the real estate sales continue a lucrative one! Previous year Indian real estate during the Diwali season recorded 5,791 sale deeds and in recent times it has been recorded as 4,633 sale deeds [...] Continue Reading »
Tenant verification will be mandatory from now onwards. All the house owners should register their tenant’s name and address at the nearest police station. This rule will be enforced under Section 144 of Criminal Procedure Code (CrPC). Additional commissioner of police in Bangalore has given complete power to the police officers to collect tenant information [...] Continue Reading »
