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Government land stolen!

Government land stolen!
Crime branch in Bhubaneswar booked legal case on Oath Commissioner of Board of Revenue and the other accused person in land bungling. The former Board of Revenue official, Nikunja Kishore Mohanty and SS Patnaik were claimed as main accused people in this land scam. These two biggies had plan of stealing government land by faking [...] Continue Reading »

Building collapse in Delhi

Building collapse in Delhi
A four-storeyed building near Uttam Nagar Metro Station collapsed in west Delhi recently. It has been learnt that three people have been killed and around four persons were rescued in the building collapse. One of the senior police who reported to the incident immediately said that the families were surviving in one part of building [...] Continue Reading »

New norms flowing in property transactions

New norms flowing in property transactions
Is your property deeded in your name along with your wife’s? If yes, here you have an exciting news, you can enjoy full exemption from long-term capital gain tax while selling your property. Delhi High Court discussed with the government to declare the same. Also High Court has implementing the same plan on the new [...] Continue Reading »

Huge shortage of managerial talent in real estate sector

Huge shortage of managerial talent in real estate sector
Some or the other backdrops do prevail when it comes to real estate sector in India. To improve the present real estate scenarios, Indian real estate in collaboration with infrastructure and construction industry had set big investments for next five years. Meanwhile, it has been learnt that there is huge shortage of engineering, architectural and [...] Continue Reading »

A new mantra of “villaments” in Bangalore real estate

A new mantra of “villaments” in Bangalore real estate
Bangalore‘s real estate is now busy with developing and promoting the villament concept. If you want luxury of a villa and also comfort-convenience that of an apartment, villament is the one you can go for. One of its kind, Habitat Crest Villaments has been launched in Whitefield. These villas have an exclusive green space up to [...] Continue Reading »

Indian real estate has not lost faith yet

Indian real estate has not lost faith yet
Hats off to real estate companies in India! Midst falling share prices and challenging business environment, real estate promoters still hold three percent of share in realty market. Shareholding has witnessed a continuous raise from 67.66 per cent to 70.16 per cent since march. This data was collected by entities like; Nitesh Estates, Peninsula Land, [...] Continue Reading »

Clear picture needed to update property tax proposal

Clear picture needed to update property tax proposal
The standing committee in Mumbai took a back step in passing on the property tax proposal. Understanding the modalities of the new property tax system has been a major issue. Therefore, to understand the administration, standing committee has asked the municipal department to come up with a presentation to get a clear picture of proposed [...] Continue Reading »

2012 real estate market cautioned!

2012 real estate market cautioned!
Jones Lang LaSalle’s warns the situation of real estate market for the year 2012. According to the reports collected by Jones Lang LaSalle, for the year India’s commercial and real estate market will remain a cautious. Due to the prevalence of uncertainties in the global real estate market, Reserve Bank of India (RBI) has given [...] Continue Reading »

Plans for new sewage plants in Mumbai

Plans for new sewage plants in Mumbai
Brihanmumbai Municipal Corporation (BMC) is all set and ready to introduce new projects that will be discussed in the upcoming civic elections. Overall idea is to set up new sewage treatment plants across the city in Mumbai. Also BMC experts say that the bid for constructing new sewage plants has already been started and at [...] Continue Reading »

VMC on a strict survey

VMC on a strict survey
Vijayawada Municipal Corporation (VMC) has ordered its officials to survey on the prevalence of proper basic services like; roads, drinking water supply and drainage in all the parts of Vijayawada city. The main agenda behind this strict survey is to know how residents in all the areas are making use of these facilities. To discuss about betterment [...] Continue Reading »



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