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Parsvnath Developers, a known name in the realty market is to raise Rs 700-800 crore to clear its debt which stands at around Rs 1,200 crore. The group will sell its 1.2-acre Kasturba Gandhi Marg plot located near Connaught Place. The property consists of a bungalow and has been termed as commercial space which will [...] Continue Reading »
One group, well known for their various business verticals like; realty, engineering, sports goods and health care are now all set and ready to invest around Rs 250 crore in realty sector by 2014. This company initially started as a real estate developer and later on diversified into many sectors. However, with the plans of [...] Continue Reading »
The solid waste management plant which was a priority on Noida Authority‘s list, today finds no location for its establishment. From its inception itself, it has been falling into many troubles. First, it was proposed to be based in Sector 123 but the idea was rejected by the residents of one housing society of the [...] Continue Reading »
Due to late hand over of apartments, Vatika City residents have sent a legal notice to the builder. The project being one of the luxurious residential communities in Sohna Road houses around 1000 families and had place for another 450. However, builder had failed to keep the promise of delivering the units and facilities on [...] Continue Reading »
Bangaloreans are facing the dog menace for quiet some time. It has been in the headlines for a lot of times only to be forgotten later. The HRBR Layout residents are so worried over the issue that they have approached CUPA for any solution. Even BBMP has claimed that they have spent over Rs 600 [...] Continue Reading »
2011 was nowhere good for the realty market in India and no wonder its same with the commence of year 2012 also! The real estate experts, property buyers, builders and developers are all worried about fluctuating realty market. Now, its time to discuss about the present realty situation and find a solution to witness healthy [...] Continue Reading »
The land rates in Mumbai has witnessed a sharp downfall! The significant price fall in flat and apartment rates has therefore resulted in the decline of land rates in the city. Real estate experts say that the flats in Mumbai are sold for moderate rates when compared to previous year! This has been considered as [...] Continue Reading »
The slum dwellers in Karnataka have a reason to be happy! The state cabinet have agreed to give land deed titles to the slum dwellers. The motive is to make it a slum free state and to provide basic level infrastructure to the residents. There are in total of 40 lakh population in slum areas [...] Continue Reading »
Karnataka state alone has spent around Rs 3,847 crore to buy power since 2010! This is a huge sum where the state could have built a brand-new 800-1,000MW thermal plant utilizing the same budget. Again summer is back and the state is planning ahead and the cabinet has decided to buy 1,290MW daily upto the [...] Continue Reading »
According to the revision of property tax, VVIP areas are spared of the new of the same. As per the New Delhi Municipal Council‘s (NDMC) budget, apart from having no new developments, VVIP areas are spared to pay any extra property tax. The civic body alleges that there is no increase in property tax and [...] Continue Reading »
