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Realty News

Anti-encroachment drive at Bhopal

Anti-encroachment drive at Bhopal
Traffic was a big headache for the commuters in Bhopal. Prolonged traffic was annoying the commuters everyday from few months. After receiving constant complaints from the commuters, the Bhopal Municipal Corporation (BMC) carried out anti-encroachment drive in the slums near Ayodhya by-pass and Fatehgarh area. The huts in these slums were creating lot of chaos [...] Continue Reading »

Mumbai infrastructure projects on halt

Mumbai infrastructure projects on halt
Major infrastructural projects implemented under Jawaharlal Nehru National Urban Renewal Mission (JNNURM) is rght now on halt. Conflicts between state urban development (UD) department and state finance department (FD) has blocked infrastructure works in Mumbai. Experts say that the non-release of state grants from these two government bodies has resulted in chaos. Release of funds [...] Continue Reading »

50 percent exemption on property tax

50 percent exemption on property tax
Are you planning to construct building with an heritage look? If yes, you’re sure to reap the best benefits by getting sanctioned 50 percent property tax exemption. Greater Hyderabad Municipal Corporation (GHMC) has declared 50 percent tax exemption norm in Hyderabad city. Andhra Pradesh Tourism Development Corporation has joined hands with GHMC to encourage people [...] Continue Reading »

Safeguard heritage structure from metro constructions

Safeguard heritage structure from metro constructions
Madras High Court has directed Chennai metro rail corporation to carry on metro work without damaging the structural stability of heritage structures in the city. Directions were passed by HC only after Public Interest Litigation (PIL) was filed by a travel agent to safety the heritage buildings in the city. Heritage buildings such as; Ripon [...] Continue Reading »

Commonwealth Games Village flats under de-sealing drive

Commonwealth Games Village flats under de-sealing drive
Municipal Corporation of Delhi (MCD) Appellate Tribunal has passed orders to de-seal the flats at Commonwealth Games Village (CGV) in New Delhi. Around 65 flats were sealed after the High Court (HC) orders were passed, 12 flats have already been de-sealed at CGV. Delhi Development Authority (DDA) had sealed these flats at CGV for having excessive [...] Continue Reading »

Fully automated multi-storey parking soon in Chennai

Fully automated multi-storey parking soon in Chennai
Commuters in T.Nagar, Chennai can now sigh a relief with the introduction of fully automated multi-storey parking lot. No more parking chaos, illegal parking issues will be witnessed from commercial hubs in the city. The Chennai Corporation council felt the necessity of adopting multi-storey parking in the city as the traffic situations were turning conditions [...] Continue Reading »

Demolition drive at Sabarmati riverbank

Demolition drive at Sabarmati riverbank
Ahmedabad Municipal Corporation (AMC) is busy demolishing the huts on Sabarmati riverbanks in Ahmedabad. AMC had requested the slum dwellers to shift to the new houses which was opposed by them. Therefore AMC carried out the demolition drive to clear off the river banks. High court (HC) had passed on orders to complete allotment of [...] Continue Reading »

Heritage structure used as wash area

Heritage structure used as wash area
Unbelievable! An heritage structure is being used for domestic purposes by the residents of Bhopal. This is what will happen if the government pays no attention to take care of the heritage structures in the city. It might sound as an irony, but the fact is that, Rani Kamlapati palace is a majestic seven-storey structure [...] Continue Reading »

Parking controversies in Mumbai

Parking controversies in Mumbai
The Brihanmumbai Municipal Corporation (BMC) is fed up with the controversies flooding, in concern with the parking issues in Mumbai city. The earlier parking floor space index (FSI) policy framed by former chief minister Vilasrao Deshmukh has now become controversial as the policy is builder-driven instead of favoring the public.   BMC believes that the developers [...] Continue Reading »

Construction of malls to be paused by 2012

Construction of malls to be paused by 2012
Beyond the year 2012 there won’t be new big malls in Mumbai city. The expansion of huge malls will be paused with the upcoming new construction projects in next one year. The experts feel that the real estate situation is going ironic as the Indian builders are more open to the construction of malls and [...] Continue Reading »



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