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Finally Brihanmumbai Municipal Corporation (BMC) has opened eyes and realized the repair of Worli sewage plant. The Cleveland Bunder sewage pumping station is lying dysfunctional from last six years, in Worli, Mumbai. Now BMC has planned to invest Rs 1.79 crores to re-establish the maintenance and repair of machinery, distribution grid and electricity. For the [...] Continue Reading »
Bangalore residential realty market is witnessing new launches every now and then however, raising interest rates has become a major concern. Midst this concern well known developers are confident of meeting targets of 10 million square feet each in FY12. Prestige Group expert say that interest rates may not stay same in future as loans [...] Continue Reading »
Bruhat Bangalore Mahanagara Palike (BBMP) has assigned Rs 8 crore to undertake developmental projects in areas like; Suggappa Layout, Maruthi Nagar and Yelahanka Old Town. All these areas come under Kempegowda Ward this is one of the newly added ward to BBMP. To supply water once in two days, BBMP has dug up 12 bore wells. [...] Continue Reading »
Water woes seem to be never ending in Salt Lake Sector V, Kolkata. Also, Kolkata Municipal Corporation (KMC) will not be supplying adequate water to Nabadiganta Industrial Township Authority (NDITA). Unless the water price is hiked by the civic body the water woes is sure to continue. Kolkata mayor say that unless NDITA latter pays [...] Continue Reading »
Today Bangalore is no more called as “land of thousand lakes” instead it can be now called as “land of thousand sewage”. The Karnataka State Pollution Control Board (KSPCB) has witnessed illegal sewage tanks in the city. The residents have requested KSPCB to take legal action against the building owners and even the water board [...] Continue Reading »
Fort Kochi and Mattancherry heritage is now filled with fresh encroachers. These illegally put up stalls have been found to be littering the area with garbage and remnants of fish. Kochi government has been complained to eradicate these illegal stalls as the beauty of the city is losing its pace. Source: The Hindu Continue Reading »
Luxury residential complexes in Gurgaon city are charging a hefty amount as on monthly maintenance charges. Aralias, a luxury residential complex charges Rs 25,000 to 30,000 per month as a maintenance charge from each resident. Also one of the luxury residencies in M.G road collects not less than Rs. 15,000 per month. Residents are having [...] Continue Reading »
Earlier, the government had released the draft of Real Estate Regulation Bill for the public to give suggestions and comments. It has been witnessed that, the public has responded well to the bill and now the government is also implementing the same. Public suggestions over the bill will soon be drafted as law in winter [...] Continue Reading »
ATS Infrastructure, 3C Company and Earth Infrastructures these real estate developers in Noida who own 11 projects each within the city had not even turned towards Gurgaon city. However, the situation is same no more, as the scarcity of land and problems with land acquisition prevails in Noida and Uttar pradesh. Therefore, rival city Gurgaon [...] Continue Reading »
It has been traced that several thousands of commercial space is lying idle in many cities like; Chennai, Pune, Bangalore, Kolkata, Delhi NCR. Developers in these cities have built up many buildings in huge spaces which is hardly being used. Real estate experts say that the commercial real estate market all over India is facing [...] Continue Reading »
