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The Indian realty, its sales and the property buyers is completely unpredictable! This has been proved in Mumbai city, wherein the city developers are sitting behind with around 44% of unsold realty stock. Sounds more surprising! Because, this 44 percent comes under the affordable and low cost houses and flats. Even the flats priced below [...] Continue Reading »
The residents of Koramangala in Bangalore city were given a stage to dig out all their grievances. The BESCOM Bangalore, had arranged a meeting headed by Koramangala Residents’ Welfare Association (RWA). The BESCOM officials as well as the RWA representatives spoke on various aspects of prevailing civic problems in their wards. Proper maintenance of roads [...] Continue Reading »
The deforestation fever has been threat to the residents of Pune. Therefore, residents fed up with complaining to the city municipal authorities have themselves come forward to plant the tress to spread out the fever of deforestation. To follow up the same, residents of Mithras Park Society planted numerous saplings. Residents complain about the greenery [...] Continue Reading »
For First time the “rich cultural heritage” of Indian handicrafts will have a tableau of their own. The tableau will be No. 14 in the order of the march at the parade and the tableau is designed by the National Centre for Design and Development. The cultural heritage of 20 states would show case tableau [...] Continue Reading »
The traffic congestion at the Udyog Marg road is turning commuters condition worse! The Noida city corporation is undertaking maintenance works near Indira Gandhi Kala Kendra. The repair work of drains, road on this stretch is forcing the pedestrians to walk on the main roads and take longer routes everyday. The condition of the roads [...] Continue Reading »
The severe liquidity crunch during year 2010 and 2011 had stalled all the realty transactions in India. There was a complete downfall in the constructions, rent-in, rent-out and even sale deeds. A new life has been brought into real estate industry, wherein around Rs.200 crore from JM Financial Ltd’s non-banking financial company (NBFC) has been [...] Continue Reading »
The authorities have predicted that the projects in Noida Extension will be halted for time being. At least three to four months will be consumed for getting approval of the Greater Noida Master Plan for construction of these projects. Noida Extension Flat Owners & Members Association (NEFOMA) was informed about the same. The projects have [...] Continue Reading »
The Hillside Residents Welfare Association (HIRWA) in Mumbai city are denying the recent 50 percent penalty hike. The residents belonging to the housing societies on the private forest land have also denied the payment of additional charges. The state revenue and forest department have demanded additional penalty in concern with regularizing homes. This is considered [...] Continue Reading »
The home buyers grievances were till now referred to concerned authorities in realty industry. Hardly, CREDAI, the civic bodies or the municipal authorities attended citizens to do needful for the citizens in Chennai city. However, now this is made much easier! The Confederation of Real Estate Developers’ Association of India (CREDAI) will soon be introducing [...] Continue Reading »
Parking has become a nuisance to the residents of DLF City Phase-2. Unauthorized parking has made residents fed up as hundreds of commuters park their vehicles blocking the colony entrance. As many software companies are of close proximity to DLF apartments, the multi-national companies and BPO cabs remain parked throughout the day. Also, because of [...] Continue Reading »
