Uncategorized
Municipal Corporation of Delhi (MCD) has been tracing the increase in parking mafia in New Delhi after it auctioned around 100 parking sites which were being operated illegally by the parking mafia. The agenda behind MCD auctioning these parking sites was due to constant set of complaints received from the market associations and the residents. Few [...] Continue Reading »
Surat Municipal Corporation (SMC) has traced 50,000 illegal constructions which demands immediate implementation of new construction laws. Once the residents complete the impact fee payments, the regularization of the illegal construction that has been raised before March 28th, 2011 is said to be commencing at the earliest. A senior officer with the town planning department [...] Continue Reading »
The Confederation of Real Estate Developers’ Associations of India (CREDAI) have flavored in a sense of relief to the property buyers in Noida extension. CREDAI has decided to pause the interest on pending EMI payments to the property buyers who have already made 10 percent booking payments. High Court (HC) orders forced the developers to [...] Continue Reading »
Brihanmumbai Municipal Corporation (BMC) recently filed an First Information Report (FIR) against nearly 15 people for encouraging the illegal erection of stalls. FIR has been filed under “Maharashtra Region Town Planning Act” at the Chembur police station limits. The civic officials were reported saying, the shops will be sent a court stay order with a [...] Continue Reading »
Patel Nagar in west Delhi, is all set to welcome Raheja Phoenix the city’s first tallest building. Raheja Phoenix, a residential project is walled city’s first skyscraper providing best of best elite’s in residential preferences. Even though it is early to estimate the success of this project, Delhi known for its huge bungalows has, left [...] Continue Reading »
Chandigarh city has been witnessing irregular growth of shopping malls especially in the residential areas creating lot of chaos to the residents. The Punjab and Haryana high court henceforth has directed the state government to re- formulate the ”Punjab Model Building bylaws 2010”. Also it has given deadline of three days to present the amended notifications [...] Continue Reading »
Chennai city is all set ready to welcome a new luxury residential housing in its city. Inno Geo City will be introducing the concept of bungalow apartment housing in the outskirts of the city very soon. Kalyan Jayaprakash, Director of Inno Geo City reported saying that this residential project would comprise of nearly 200 bungalow apartments [...] Continue Reading »
Its been a fortnight since Bruhat Bengaluru Mahanagara Palike (BBMP) has stopped construction of civic works in Bangalore. BBMP projects in the city have been badly affected with the strikes upheld by the truckers in the city. The sand lorry owners in the state stayed away from work, meanwhile BBMP continued its works with the [...] Continue Reading »
Indian real estate has been witnessing investment from various private equity firms all across the globe. Similarly AIG Global Real Estate, a New York-based Private Equity firm (PE) had invested around 200 million dollar that will come upto Rs.1,000 crores comprising of five different construction projects in India. Previous year AIG Global Real Estate had [...] Continue Reading »
The heavy downpour has left its remarks at Coimbatore low-lying areas wherein the residents in some areas are still struggling with waterlogging woes. Coimbatore Corporation officials however came to the rescue of these residents and restored normalcy in few of low-lying areas. Nearly 140 people are being accommodated at the city corporation schools as the [...] Continue Reading »
