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Confederation of Real Estate Developers’ Associations of India (CREDAI) in Pune is moving fast ahead to implement a regulatory regime. This regime will converge all the procedures related to real estate domain. The real estate procedures have to be assembled for proper functioning of the sector. From now onwards, all the operations which are dealt in [...] Continue Reading »
Where is Hyderabad in investors’ list? It seems like the builder-friendly policy’s efforts are too less in attracting the investors in real estate sector. Political turmoil! Yes, this has been blocking the way of the policy. The unlimited Floor Space Index (FSI) in Hyderabad is definitely coined as the best in the country. However, keeping [...] Continue Reading »
Great time ahead for the countries needing economic assistance. Godrej Properties Ltd, a renowned real estate firm has recently teamed up with leading lender of India, ICICI Bank to develop projects and give financial help abroad. They have signed an agreement for the same. Countries of South East Asia like India, Singapore, UAE and also [...] Continue Reading »
Nagpur Municipal Corporation (NMC) has given an indication of raising the property tax rates. Also new property tax norms say that the tax payer should pay tax within 3 months from the date of bill issued. However, if the tax payer delays the payment NMC will levy 2 per cent interest as per the changes [...] Continue Reading »
Houses that are constructed on government land in Hyderabad will be soon enjoying legitimate ownership rights. Norms on government lands were very strict before, however now it has been decided to relax such crucial provisions. Hyderabad government has ordered to ease 166 envisaging regularization of houses those are built on 80 square yards of plot [...] Continue Reading »
The Unique Identity Authority of India (UIDAI) will be issuing Aadhaar card at the head post office in Tiruchi. A special technical counter at the head post office is implemented wherein; the biometric data of residents will be recorded. As the ID cards are being issued by various institutions, the UIDAI officials are informing the [...] Continue Reading »
The higher officials in Municipal Corporation of Delhi (MCD) have proposed an increase in property tax. So, property owners are ready shell out extra money from the next property tax payment. According to the budget for the year 2012 and 2013 there is proposed increase to be made for property charges and also for conservancy [...] Continue Reading »
National Housing Bank (NHB) a housing finance regulator at the earliest will be raising Rs 4,500 crore on fund housing activities. NHB experts say that for now they have raised Rs 4,500 crores and are now looking forward to raise same amount by the end of current fiscal. Under the guidance of Reserve Bank of [...] Continue Reading »
Indian real estate is full-fledged with one of its marvelous kind of luxurious and also affordable housing. However, according to Dr. DS Meshram a well-known architect and urban planner it is high time that the real estate experts should also think about making needs of disabled a well as senior citizens. These people are the [...] Continue Reading »
Supreme Court has passed on orders to all the banks, nursing homes and other commercial offices in residential sectors of Noida to shift out to commercial areas. It has been learnt that these commercial sectors have acquired maximum of 30% of ground floor area in the residential areas in the city. However, Resident Welfare Association [...] Continue Reading »
