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Property missing! Yes, property belonging to Greater Hyderabad Municipal Corporation (GHMC) are suspected to be missing or ilegally encroached upon. Files of these properties worth crores of rupees have not even left a clue behind to trace them. According to the Town Planning wing of GHMC, around 142 properties measuring 15,197 sq. yards worth hundred crores [...] Continue Reading »
Do you own a car? Then be ready to shell out toll for every trip you take in the expressway (e-way) from Delhi. The Haryana government has decided to go ahead with the construction of the Southern Peripheral Road (SPR) that will charge Rs. 27 as toll from the commuter even though the highway ministry [...] Continue Reading »
The recent real estate regulation & development bill, 2011 drafted by the central government is now bearing fruits for the citizens of Pune. The bill has provisioned Pune Municipal Corporation to take action against developers and builders for incomplete work, for not providing no-objection certificate and occupancy certificate and also failing to provide basic amenities [...] Continue Reading »
Kochi Property owners, the revised property tax structure is here! The tax payments from now on will be based on floor area of the property. Kochi Corporation has revised the property tax structure as per the orders issued by the Local Self Government Department. According to the previous norm, property tax was collected based on [...] Continue Reading »
Mumbai government is shocked and worried to see a major slump of real estate for the fiscal year 2011. The overall revenue target for the current fiscal account has been reporting a major drop down. The eastern suburbs have traced a major drop in the real estate transactions. Rising property rates, inflationary pressures and constant [...] Continue Reading »
The service tax department in Mumbai traced that builders in the city had collected nearly Rs.50 crores as service tax but never seemed to have paid the same to the government. In concern with this trace, recently the service tax department collected Rs.20 crore from several builders in the city. These builders also promised to pay [...] Continue Reading »
A major fire broke out in three shops situated at MG Marg in Allahabad. These commercial properties worth lakhs in present real estate market were burnt to ashes. Chief fire officer said that, they needed two fire extinguishers to turn off the fire and that the initial investigations indicated “short circuit” as a reason for [...] Continue Reading »
In Allahabad, traffic conditions are talked off to be eased from the prevailing pathetic conditions. Surya Kumar Shukla, the Additional Director General of Police (ADG) recently held an active session with the traffic wardens in concern with improving the city traffic. The traffic wardens have been asked to monitor the traffic at city market places [...] Continue Reading »
Residents of Hyderabad are experiencing increasing power woes, as the power supply department has resorted to increase in power cuts since a week. Srinagar Colony resident said that, the present power situations has turned worse because of the Telangana employees strike and claim to be spending days in dark. In the present situation, residents are [...] Continue Reading »
The Trichy traffic police are in the process of installing more automatic signal points at places near Bharathiyaar Salai, Trichy Karur bypass and Ibrahim Park on the West Boulevard Road. The main agenda behind installing the automated traffic systems is the wriggled out traffic caused during the after school hours. According to city traffic police, the [...] Continue Reading »
