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Feeder Segregation Project will be routed in Hyderabad to improve present power supply situations. This project is expected to improve three-phase power supply. The project has been estimated to cost Rs 3,014 crore which promises to improve worse power situations at rural areas. With the implementation of this project the state government is looking forward [...] Continue Reading »
Land worth crores belonging to Nainwal gram panchayat measuring across 165 acres has been restored by Gurgaon district administration. This panchayat land was repeatedly converted into Shamlat Deh (village common land) only to benefit the private shareholders without seeking relevant court orders. Sub-divisional magistrate (SDM) of Gurgaon was also held in this similar land case [...] Continue Reading »
Punjab government is in a mad rush regularizing all the illegal colonies only because of the upcoming elections. Also, the government is forced to arrange land for the slum dwellers. According to the recent study, the high cost of housing for the poor has become a major concern. Therefore real estate in Punjab has claimed [...] Continue Reading »
The National Highway Development projects are on halt in New Delhi. Land acquisition has become a major drawback for the delay in the road projects. National Highways Authority of India (NHAI) had implemented around 226 road construction projects out of which 58 of them are currently delayed. Due to this delay all the chief engineers [...] Continue Reading »
Municipal corporation of Delhi (MCD) are on plans of increasing 20 to 30 percent property tax rebates given to ex-servicemen. According to this provision, the ex-servicemen will be entitled with an add on rebate and this will soon be applicable to the senior citizens also. Once the Delhi government approves under the Delhi Municipal Act [...] Continue Reading »
A slight twist, all this time we were familiar with the property owners faking the tax payments, here the property tax collectors are unnecessarily levying heavy tax on the property owners. It has been learnt that extra charges are being levied in the property tax bills without the property owners knowledge. To eradicate this illegal [...] Continue Reading »
Chennai will be soon welcoming the new market-based guideline values for property registrations. Now that the realty sales are doing good in Chennai city, the scenarios are sure to change once the new guidelines come into effect. Therefore, the builders as well as the property buyers in the city are into mad rush wherein, one [...] Continue Reading »
It has been a bumpy ride for the real estate in Kolkata this year. The realty 2011 did not reach the expectations of the investors and developers instead a major drop down was witnessed. This realty scenario has dropped down the investor’s level of confidence. However, the investors and developers are now looking forward for [...] Continue Reading »
No worries do these overseas realty investors have, even during the time of recessions. Global contractors are looking forward to invest in India and China which are still considered as growing countries. Similar case has been witnessed in central Mumbai, wherein one of the West Asia-based firm was successful in signing a residential project with [...] Continue Reading »
Constant raise in interest rates has resulted in the investors to move out of the realty market. However, property buying has not stopped completely but it has moved on to the suburbs and peripheral areas in all the cities. According to real estate experts around 57 percent of the property buyers have already started investing [...] Continue Reading »
