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The Delhi Traffic Police authority are highly worried with the number of accidents increasing in the Barapullah elevated road. Year 2011 remarked around 7 fatal accidents at the same junction. The road elevation has dashed in these many chaos and therefore Delhi traffic police has written to the Public Works Department (PWD) to follow up [...] Continue Reading »
Brigade Enterprises, a Bangalore based real estate developer has plans of raising Rs 150 crore from a private equity fund. The developer will raise the amount by discharging one of its commercial property in Whitefield. The project they are planning to discharge is Summit Brigade Metropolis having a built up area of 800000 square feet [...] Continue Reading »
The Maharashtra chief minister agreed new development control rules (DCR) at Mumbai on Tuesday. The implementation of this new rule is to eradicate the illegal practices in the realty industry. However, the policy’s emphasis denied saying that this new rule gives a clear picture about the revenue Brihanmumbai Municipal Corporation (BMC) earns from the builders [...] Continue Reading »
Bangalore Metro is growing wide! With the growing IT and BT infrastructure indeed, metro is also on demand to expand its network throughout Bangalore city. In concern with same, the cabinet approved two new metro lines at Gottigere-IIM-B to Nagavara and RV Road to Bommasandra. RV road metro line will have 16 stations and the [...] Continue Reading »
The Municipal Corporation of Delhi (MCD) has passed on a mandatory rule to construct the houses leaving two-metre space from the adjacent buildings to it. The recent incident wherein the digging of basement lead to collapse of the adjacent building provoked MCD to pass this mandatory norm. Especially the residential sectors which are generally constructed [...] Continue Reading »
Chennai residents have a pride to welcome to it’s city! Ozone the Merto zone, yes this residential project is Chennaites pride indeed! The project is right now under construction and comes promising with the best of best amenities and facilities. Ozone the Metrozone located at Anna Nagar, Chennai is the pet project of Ozone group. [...] Continue Reading »
Being residents of Bangalore anytime we feel like getting a fresh air, especially staying in places like Whitefield and Marathalli one should commute minimum distance of 20 kms to reach Lalbagh in Bangalore. It sounds little tough to hear that people should travel for more than 20 kms all the way just to get the [...] Continue Reading »
A recent report by DTZ, a real estate consultant cautioned about the realty price fall in major cities like; Singapore and Mumbai due to regression and regulation in the economies. It’s just the beginning of 2012 and all the major Asian cities have started witnessing 15 to 25 percent drop in residential realty rates! Coming [...] Continue Reading »
Sale of residential apartments in 2012 is sure to boost with the oversupply situation in commercial real estate. This is the belief that real estate experts are having and looking forward to happen towards the other end of the year. Even though there is a slow down in all economic parameters realty sales are still [...] Continue Reading »
Mantri Synergy residents are little worried with the water blocked in the apartment basements. The car parking at the basement at D block is filled with water due to rainfall on the New Year eve. December 30, 2011 Chennai witnessed a cyclone rainfall in the surrounding areas of Old Mahabalipuram Road (OMR). Now the residents [...] Continue Reading »
