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Realty News

IGBC certified Eco Eden City as first “platinum” Rated Township

IGBC certified Eco Eden City as first “platinum” Rated Township
The affordable township in Boisar a city in Thane, Mumbai at Eco Eden City has come over with a very unique project without the high cost budget. Mayuresh Group reported saying, Eco Eden City is the quality of the green and substantial projects that were restricted to luxury living which has been proved wrong and [...] Continue Reading »

Home Loans safest way to overcome rising Interest Rates

Home Loans safest way to overcome rising Interest Rates
Reserve Bank of India (RBI) has hiked the interest rates nearly 12 times for over a period of 18 months wherein all the loan borrowers are being burdened. Satish Kumar, national credit manager, mortgages, at ICICI Bank reported saying, a well planned budget for the payment of regular pre-payment charges is the best way to [...] Continue Reading »

BMC introduces new Property tax

BMC introduces new Property tax
Brihanmumbai Municipal Corporation (BMC) has introduced new property based tax system that would hit the vacant ownership as well as self-occupied properties in the Mumbai city. This property tax exemption holds good both for owner as well as the tenants of the new buildings in both residential and commercial segments. The property tax percentage is said [...] Continue Reading »

Ahmedabad Plans City Vision in 2030

Ahmedabad Plans City Vision in 2030
Ahmedabad is far ahead planning to visualize own city 20 years from now on. This would be successful through the event Our Cities Ourselves (OCO), this is said to be Asia’s biggest event for the first time happening in the cities around and Ahmedabad is said to be hosting this show from this week. This [...] Continue Reading »

Madras High Court: ID Charges levied on Developers

Madras High Court: ID Charges levied on Developers
The Madras High Court levied Infrastructure and Development (ID) charges on  the builders and the promoters on behalf of managing the water and sewerage amenities. Justice D Murugesan and Justice KK Sasidharan short listed nearly 100 builders against the this payment charges. The Chennai Metropolitan Development Authority and the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) [...] Continue Reading »

Low Cost Rental Housing Scheme soon in Mumbai

Low Cost Rental Housing Scheme soon in Mumbai
The Mumbai government appointed a committee to take care of the low-cost rental housing scheme and this was proposed by the Mumbai Metropolitan Region Development Authority( MMRDA). The scheme of providing shelter for the poor people in the city who could not afford to pay high rental rates. This project aims at providing accommodation for the slum dwellers in [...] Continue Reading »

EWS Plots unsafe for Survival

EWS Plots unsafe for Survival
Haryana , residents reported saying that the illegal construction of buildings on the Economically Weaker Section (EWS) plots are found with five floors being increased without the notice of the concerned authorities and this has said to be violating the building norms. The Haryana government ordered to stop the connections of these illegally constructed buildings but the concerned authorities are [...] Continue Reading »

Air India Employees waiting for NOC of homes purchased in 2004

Air India Employees waiting for NOC of homes purchased in 2004
In Mumbai nearly 400 Air India employees, who bought company flats in Nerul in 2004, are still waiting for a precious No Objection Certificate from CIDCO. Intervention by the High Court hasn’t helped, as the govt bodies indulge in rampant red-tapeism. In the past seven years, the condition of their homes has deteriorated too, with [...] Continue Reading »

20% Quota Group Housing Schemes Hyderabad

20% Quota Group Housing Schemes Hyderabad
The Greater Hyderabad Municipal Corporation (GHMC) has announced 20 per cent quota clause in group of housing schemes. It has also recorded the lost revenue of  Rs.5 crore this year. The State Government has made it mandatory for the builders constructing in one acre and above to reserve a payment of 20 per cent for economically [...] Continue Reading »

Working Women in the city now have a lot to cheer

Working Women in the city now have a lot to cheer
In Mumbai and Ahmadabad single women professionals in the city from now on wards need not face accommodation woes. The city-based property dealer Tulja estate has proposed the concept of a hotel that suits exclusively for working women and students. Women are now freed from messy hostel rooms and also the time restrictions which has been in [...] Continue Reading »



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