Uncategorized
Fed up are the Bangalore municipal wing, failing to collect property tax at one shot! The property tax defaulting list is increasing as the days are progressing. Around 43 major property tax defaulters have been listed by Bruhat Bengaluru Mahangara Palike (BBMP), however this came as a surprising news to BBMP themselves! BBMP tried hard [...] Continue Reading »
According to the recent Bombay high court‘s order, housing society also has to be present to approve extra floor space index (FSI). This is due to changes in the recent development control rules. This norm also applies on a society which has not yet registered or the land has not been landed over by the [...] Continue Reading »
Amrapali Group, a Noida based real estate developer will be soon launching two residential projects in Noida. Rs 220Crore investment will be raised wherein IL&FS Investment Managers will be investing Rs 100Crore on Princely Estate, mid-segment apartment project in Noida which is spread across 20 acres. Whereas JP Morgan Chase will be investing Rs 120 [...] Continue Reading »
Irony is the scenario in present real estate sector! Once in a while there is a breaking news saying Indian realty is doing too good and very next moment there is drop down in realty sales. Whether Indian realty is stable or not? This is the hot discussion and debate going on in Indian realty [...] Continue Reading »
The Municipal Corporation of Delhi (MCD), tough working hard is still lagging behind to keep the city neat and clean. To discuss public grievances an in house meeting was held wherein the councillors explained as to how the MCD is failing to keep the city clean. After hours long meeting, it was traced that MCD [...] Continue Reading »
The Indian realty market if at all did well; the credit goes to the Non Resident Indian (NRI) investors. According to the recent survey it has been traced that NRIs have contributed 18 percent to the sales in realty market. Real estate expert’s claim saying that even the NRI’s would be aware that 2011 for [...] Continue Reading »
The commercial property by Akruti City, ‘Akruti Centre Point’ in Mumbai caught fire. The fire break out was witnessed in Maharashtra Industrial Development Corporation area at Andheri. Around 12 fire engines rushed to the spot to rescue from fire. However, the fire department tired hard to pull down the fire. Source: The Times of India Continue Reading »
The sharp rise in home loan interest rates and the inflationary pressures prevailed throughout the year 2011. Real estate experts say that they are surprised to witness good growth in the realty market. It is a fact that the realty sales in the first quarter of the year dropped down completely. However, in a slow [...] Continue Reading »
Real estate experts, advice the property buyers to have a thorough check of the documentations before they invest on property. India is witnessing a rapid growth in illegal properties which is not a healthy sign. With the present real estate scenario; rising interest rates and property rates the buyers have stepped back from investing on [...] Continue Reading »
Now there would not be a single case of land titles, at least from now onwards in Karnataka. The state will be the first one in the country to guarantee land titles. There have been many previous cases of illegal land titles. To resolve this, the land titles will be issued under the Urban Property [...] Continue Reading »
