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Nobody is spared from paying property tax, neither a common man nor a king. The quote holds true as the Bruhat Bengaluru Mahanagar Palike (BBMP) has put a huge tax of around Rs 1 crore on the family of Mysore Maharaja, Jayachamaraja Wadiyar. The tax has been levied on their litigated land in Palace Grounds [...] Continue Reading »
With so much happening in real estate, some developers look for an opportunity to make it big in the market. Due to heavy debts, many developers are selling off their pet projects. The rich developers grab this opportunity by getting a good deal out of it. Developers like Sunteck Realty, Ajay Piramal Group, Peninsula Land, [...] Continue Reading »
The residents of Koramangala 3rd Block in Bangalore who wish to spend some quality time at the public parks are fed up with playground located next to it! With the request for same, MLA Ramalinga Reddy sanctioned Rs.5 lakh to erect a 40-foot high fence within playground and park. Now, the fencing work is almost [...] Continue Reading »
Nowadays, investors and buyers are getting more cautious over late delivery of projects. Due to which, developers are offering attractive offers to attract more and more investors. As per report, more interests are being given than the bank on fixed deposits done by the investors. A return of about 12% per annum can be expected [...] Continue Reading »
Tamil Nadu as such is very much improved in many sectors but the state government has decided to initiate an ‘Integrated Urban Development Scheme’ for its betterment. The government have decided to take care of basic infrastructure, roads, drinking and sewage water, drainage and health sector under this scheme. A total of Rs. 6,653 crore [...] Continue Reading »
The garden city has been a spotlight of the year claiming crown of being the 10th most favorite spot for realty investment in Asia Pacific region. This was revealed according to the recent study conducted by Price water house Coopers (PwC) and Urban Land Institute. The mega trends in residential and commercial realty sector in [...] Continue Reading »
Lease retail space in Kolkata is no more affordable! When compared to Bangalore and Hyderabad, today Kolkata’s rent is equally commanding to the one’s in Mumbai city which is sky high. However, the real estate experts feel that the rental and lease price hike is obvious when a city like Patna is demanding Rs 100 [...] Continue Reading »
It is nothing new when we hear about builder making promises and not delivering the flats on time. Many private developers in Gurgaon are known to make false promises worrying many property buyers. To keep this in check, Town and Country Planning Department has recently put forward a notice to caution buyers against developers promising [...] Continue Reading »
The realty funds released by the banking sectors in Mangalore city has been in news now! Release of home loans are not stabilized in Mangalore, as the banks in city are comparing the realty market scenario with the other metro cities. However, the real estate experts feel that the city lacks industries and investments in [...] Continue Reading »
Over changing times, home buyers’ demand and expectation also increase with time. Previously, buyers were satisfied with whatever is needed for a simple living. But now, developers in Mumbai are going extra miles to impress these buyers and provide luxurious amenities and facilities to lure more buyers. According to Knight Frank, real estate market is [...] Continue Reading »
