Realty News
Luxury residential complexes in Gurgaon city are charging a hefty amount as on monthly maintenance charges. Aralias, a luxury residential complex charges Rs 25,000 to 30,000 per month as a maintenance charge from each resident. Also one of the luxury residencies in M.G road collects not less than Rs. 15,000 per month. Residents are having [...] Continue Reading »
Earlier, the government had released the draft of Real Estate Regulation Bill for the public to give suggestions and comments. It has been witnessed that, the public has responded well to the bill and now the government is also implementing the same. Public suggestions over the bill will soon be drafted as law in winter [...] Continue Reading »
It has been traced that several thousands of commercial space is lying idle in many cities like; Chennai, Pune, Bangalore, Kolkata, Delhi NCR. Developers in these cities have built up many buildings in huge spaces which is hardly being used. Real estate experts say that the commercial real estate market all over India is facing [...] Continue Reading »
New flat buyers be ready to shell out more and more money in Noida. This is not a purposeful hike the developers have opted for! Developers in Noida city had to make around Rs 3,000 crore payment for the notices that the Uttar Pradesh government had issued to land allottees. Failing badly to pay this amount [...] Continue Reading »
Rs-320 crore property deal for one-storey bungalow owned by Jindal’s Windsor Residency on Carmichael Road in Mumbai fell down drastically. It has been learnt that Ajay Mittal of Arshiya International who was in a pace of buying Jindal’s property felt that the price offered was higher than the current market value. However, when media contacted [...] Continue Reading »
India is turning rich as the days are progressing. To prove the same Alexandria Real Estate Equities is all set and ready to invest 1 billion dollar in India. For now, Alexandria is looking at tier-2 cities in India. Alexandria has now planned to tie up with major hospitals in India. Also it has been [...] Continue Reading »
It might sound a little in-serious, however it’s a fact that the residents who are fed up with unbearable traffic noise are shifting to outskirts of the city. This has left many vacant properties in city main roads, bringing in huge loss to real estate market. The situation remains same for residential properties, commercial buildings [...] Continue Reading »
Punjab and Haryana High Court expressed strong disapproval in concern with the delay caused by the Punjab Police in collecting data of illegal properties. Punjab government along with police force took nearly two months to complete the task in city periphery limits. HC judges say that Punjab government did not encourage the consent for handing [...] Continue Reading »
Now the mayor is thinking in a right pace! After heavy rainfall has damaged the roads in Chennai, the municipality has plans of replacing to concrete roads in place of tar roads. Mayor feels that the common people are ignored when government is framing city infrastructure plans. So, also to create an awareness among the [...] Continue Reading »
A tough task ahead for Pune Municipal Corporation (PMC), it has been ordered to collect Rs. 400 crores from tax defaulters within span of one month. However, the city tax department of PMC has till now collected Rs. 25 crores only. PMC has taken this task pretty seriously, as property tax is the main source of [...] Continue Reading »
