Uncategorized
Chennai Metropolitan Development Authority (CMDA) were busy sealing and demolishing the buildings in Chennai city. Multi-level commercial buildings at Parry’s corner and residential buildings in Tiruvanmiyur were also listed in the demolition and sealing drive. The monitoring committee’s instruction lead CMDA to act against illegal property in the city. A four-story commercial building on Armenian [...] Continue Reading »
Several un-used government lands are planned to be used for various developmental projects in Thiruvananthapuram. This concrete proposal is said to be launched and showcased at Emerging Kerala meet which will be held in the year 2012. The government departments have been given the authority to prepare list of lands that have been un-touched till [...] Continue Reading »
Jaipur metro project is on halt and the authorities are busy blaming each other for this act. Delhi Metro Rail Corporation (DMRC) expert say that the delay in land transfer has paved way for delay in Jaipur metro work. The authorities claim transfer of land and land acquisition is a huge process. Henceforth they declared [...] Continue Reading »
Whole of India is fed up with the rising property rates meanwhile, Chennai witnessed a highest rise in property sales. Chennai’s central business district say price increase is only due to surging demand. Chennai hotspots like; T Nagar, Nungambakkam, Adyar, Anna Nagar and Kilpauk have witnessed raising property sales despite economic slowdown, inflation and high [...] Continue Reading »
The present real estate market scenario has been judged to be recording the lowest level in housing turnover when compared to past 40 years. A property analyst say that, year 2011 has till now witnessed around 840,000 sales in housing sectors which is recorded as a major drop down by 50 percent. According to the [...] Continue Reading »
Around 300 slum dwellers were left homeless in sector 38 and 39 in Gurgaon. Haryana Urban Development Authority (HUDA) fired a demolition drive in order to release prime land from encroachers in Huda sectors. HUDA say that the slum dwellers had occupied two acres of their land constructing buildings and four boundary walls. Also several [...] Continue Reading »
The widening of sankey tank road in Bangalore has been finally approved by Karnataka high court (HC). In concern with this issue, there was a tough battle happening between the residents of Malleshwaram and Bruhat Bengaluru Mahanagara Palike (BBMP). To solve this issue, HC judges sanctioned the orders based on the writ petitioned by local [...] Continue Reading »
Aadhar Housing Finance though giving a late entry into cities like Kolkata and Bhubaneswar, has plans of releasing new loan schemes. Rs 10 crore will be released under various loan categories by the end of March 2012. Aadhar loan categories include loan against property, house construction, lease-rental finance and also on government plot mortgage schemes. [...] Continue Reading »
The Godrej group’s (Godrej properties ) has taken a giant step in Indian real estate sector. It has planned to develop premium residential apartments and villas in Nagpur with the land space of two million square feet. Godrej property experts say that they are highly excited as this is first of its kind in the [...] Continue Reading »
Rs 1,539-crore tender scam has been upheld by BBMP for the year 2008-2011. City civil works are not done up to the expected quality in areas like; Rajarajeshwari Nagar, Malleswaram and Gandhinagar extensions in Bangalore city. Technical vigilance committee (TVCC) declared that BBMP has covered less than 20 percent of the total works up-to-date and [...] Continue Reading »
