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Land acquisition bill is witnessing another halt by one of the political parties, right before the assembly polls in Uttar Pradesh. Various clauses of the bill has been questioned by the MPs. They have also shown concern for common man getting affected by the bill. The ruling party was all set to present the bill [...] Continue Reading »
The residents of Bangalore who are staying in the posh apartments are happy than ever! However, there is one thing which bother these residents who stay a little far away from the main city. Public transportation has become a major problem for these apartment residents. Similar scenario has been faced by the residents who stay [...] Continue Reading »
The Haryana Urban Development Authority (Huda) has decided to repair the roads in Gurgoan sectors 5, 18 and 21, 22 and 23. This decision was a much awaited one! Only after making this news public through media, the authority came to this decision. The condition of roads are desperate that the residents life commuting in [...] Continue Reading »
Delhi Metro Rail Corporation (DMRC) is all set to gain a revenue of Rs 2000 crores by developing properties! These properties will be developed in the vacant spaces in the newly constructed Phase III Metro Station. The spaces are already been given to the retail domain for further development. Plans of giving spaces for more [...] Continue Reading »
Destruction and demolition of public properties have become very common in cities, mainly during protests. To prevent these demolitions, Director General of Prosecution, Kochi has come up with a plan and soon the Prevention of Destruction of Public Property (PDPP) Act-1984 will be amended. After the amendment of the Act, the leaders calling for protests will [...] Continue Reading »
What is money laundering law? Money laundering is considered as a serious threat to whole of the global financial systems as it involves disguising of financial assets which will be later on used without detection of the illegal activity that produced them. The whole idea of money laundering is to transform the monetary proceeds into [...] Continue Reading »
The predictions of real estate 2012 is a much awaited one! The commercial office rents and sale value is expected to increase wherein most of the IT companies are looking forward to pre-lease office spaces. The retail sector transactions will no more be straightforward leasing deals. Also the residential sales for the year 2011 showed [...] Continue Reading »
In Bangalore, the residential property market has dropped down drastically in concern with the hike in property prices and rising interest rates. Even with the end of year 2011, Bangalore city has around 31,208 units and Bellary has 19 percent of unsold housing units as per the Jones Lang LaSalle’s real estate intelligence service report. [...] Continue Reading »
The real estate wing of Sahara India Pariwar, Sahara Prime City Limited has taken over possession of all the residential units. At the township Lucknow the residential handing over possessions has already commenced. Till now 208 residential units have already acquired the possession and other 358 units will be completed by end of March 2012. Continue Reading »
Sewage water disposal into the Ulsoor Lake, Bangalore has ruined the beauty of it! The presence of dirt, dumped garbage, sewage flow and insects have turned out the water body to stink. Also people who had depended on this lake for a relaxing walk have developed a fear of epidemic outbreak in the surrounding areas. [...] Continue Reading »
