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Even though overall report of realty 2011 reveals a neutral picture, the fact lies hidden behind! Probably we forgot to discuss or have a look back at residential sales of the year. It was a deadlock realty transaction! There are already plenty of residential projects pending to be sold and with this remark the upcoming projects [...] Continue Reading »
Real estate experts looking forward for the happenings in Realty 2012 had a round up, a flashback towards the realty scenarios happened in the year 2011. The experts took a deep review on the determinants that lead to the realty price fall and developments. The developers struggled hard to strengthen their roots, meanwhile there was [...] Continue Reading »
Seems like the civic issues has no end to it. Same has been proved at Indiranagar 1st Stage in Bangalore. Recently an electric pole broke pulled by a concrete mixer vehicle and the power wires were also cut threatening life of residents. This incident paved way for doubts wherein the quality of construction of the [...] Continue Reading »
According to the reports of Indore Municipal Corporation (IMC), around one lakh property owners are not eligible to pay property tax. The reason being they have bought properties, got approvals and have agreements but did not register them. It is the previous owners in place of defaulters who get property tax notices from the civic [...] Continue Reading »
Residents of Cunningham Road had never thought they could see what they saw on one fine morning! Bruhat Bengaluru Mahanagara Palike (BBMP) took an initiative of getting drum beaters and created a ruckus in front of the Sigma mall. Placard were being displayed by Bruhat Bengaluru Mahanagara Palike, Vasanthanagara sub-division, property tax collection team. The reason [...] Continue Reading »
Residents Of Gurgaon have to spend their New Year in dark! The power cuts which is prevailing in the city have shown signs of continuing to the New Year eve also. Residents, get ready to spoil your celebration mood. The thermal power plant failure has dashed in all these consequences. Dakshin Haryana Bijli Vitran Nigam [...] Continue Reading »
Recently, Maharashtra Government has approved a plan of setting up a new housing authority. This means regularization of flats will be a mandatory procedure which in turn be a relief for buyers. The new act to be announced will replace the Maharashtra Ownership Flats (Regulations of promotion of construction, sale, management, and transfer) Act, 1963. [...] Continue Reading »
There is nothing called extra FSI concept if it is not not given to the buyers for their use. It is the builders who in the name of extra FSI misuse it by including the free spaces as super built up areas. The free spaces include parking areas, balcony spaces and flower beds. Due to [...] Continue Reading »
Residents of Ludhiana spent Christmas in darkness. The long-duration power cuts dampened the celebrations. The Punjab State Power Corporation Limited (PSPCL) had no other go but to impose power cuts due to failure of thermal power houses at Lehra Mohabbat, Ropar and Bathinda. However, it did not end there and the same situation is carried [...] Continue Reading »
Kochi metro nod from the Central government has failed badly, there are no signs of metro project commencing. Further discussions will be held in the meeting with Planning and Investment Board (PIB). Only after the PIB nod, the Kochi metro rail project will come under the approval of Union Cabinet. Kochi, expected the project to [...] Continue Reading »
