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A high-power committee meeting decided to take immediate action against office-bearers of cooperative housing societies in Indore. The office-bearers have violated the rules passed on by the government. The sanction of cooperative housing societies for residential plots for around 320 members has been kept pending since twenty years. When questioned about this to Divisional Commissioner [...] Continue Reading »
The deadline for making the state pothole free was given as January 15, 2012 by the Chief Minister. However, BBMP indulged with its own activities is yet to act upon the notice. A large budget of about Rs 1,000 crore was sanctioned to work on the potholes roads. The count of potholes has been 47000 [...] Continue Reading »
Indian real estate market has been forecasted to be dull in 2012 also. The negative mindset was seen in Fitch Ratings who think that due to less demand and hike in property prices, real estate sector in the country is again to see a downfall. The firm has also quoted that high construction costs and [...] Continue Reading »
A beautiful city within a city is how it is called as “Anna Nagar” in Chennai! Anna nagar in Chennai is a one stop destination for residential, commercial realty sectors. Real estate in Anna Nagar is booming due to retail shopping options expansion. This locality is known as one of the famous shopping centers in [...] Continue Reading »
Marathahalli and the surrounding areas has seen a quiet rise in realty market in recent times. The place can not be termed as a “village” (halli) anymore! There has been a boom in residential as well as commercial spaces in the area with rents growing up from as less as Rs 200 to Rs 25000 [...] Continue Reading »
A happy news is awaiting for the frequent travellers around White Field, Electronic City and major areas surrounding BIAL. Bruhat Bangalore Mahanagara Palike (BBMP) has come out with a new initiative to provide Transferable Development Rights (TDR) for property owners. With these rights in place, BBMP will be able to acquire 56 acres of private [...] Continue Reading »
Hurrying up the finishing of Kochi Metro construction project, authorities will be acquiring the land from MG Road shopkeepers soon. The land acquisition has been legally done and concerned authorities have approached these land owners for compensation and price of land. With the follow up of same, the land owners have agreed to give their [...] Continue Reading »
The fluctuating realty market in Mumbai had pulled down the residential and commercial sales. However, now its time for generating the sales! By the second half of the year 2012, the residential property market will commence with its recovery. Real estate experts have predicted price fall of interest rates by th second half of the [...] Continue Reading »
Namma Metro is just getting bigger and better for the Bangaloreans. Phase II of the metro has been approved by the state cabinet few days back and the work will start as soon as possible. It has been predicted that the construction work will end by 2017 and will wind up over 72.09 kms of [...] Continue Reading »
Parks are being constructed as per government rules, however it is not being maintained by the civic bodies! Similar is the situation at Noida Sector 23 wherein 4 parks are almost ruined without proper care being taken off! Residents claim to have complained about the bad condition of the parks to city civic officials! Even [...] Continue Reading »
