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The home loan borrowers can now cheer as the National Housing Bank (NHB) has banned levy of pre-payment taxes. The house owners can now avail loans from more than 54 various Housing Finance Companies (HFC). The NHB has passed on a mandatory rule to all the HFC to receive a stable interest payment from all [...] Continue Reading »
A Chennai based real estate company, Vasavi Housing Infrastructure has come forward with a new housing project which encourages green building concept at Old Mahabalipuram Road (OMR). The project is named as ‘Thazham’ and it comprises of 56 flats and the total area space is spread across nearly 1.2 acres. P. B. Krishna Prasad the [...] Continue Reading »
Residents in Gurgaon can finally feel that their kids are in safe hands as the traffic department has taken matters into their own hands as they failed to witness compliance by the school authorities to the court’s decree. Earlier Punjab and Haryana high court had ordered that school bus drivers should have proper training before [...] Continue Reading »
Its almost an year since the Haryana State Pollution Control Board (HSPCB) had planned to install equipments to gouge the pollution levels in the air of Gurgaon, however the project is still in stalls. The plan was proposed on December 2010 to check ambient air quality. The programme will come under the Central Pollution Control [...] Continue Reading »
The Municipal Corporation of Delhi (MCD) has decided to let go the builders who have encouraged illegal construction and also those who are least bit bothered to claiming No Objection Certificate (NOC). MCD was being pressurized for not taking up the illegal construction drive seriously and was facing continuous flak from the state government orders. [...] Continue Reading »
Acting on the orders of the Kerala High Court, the Kerala state government has announced that the completion of the work for the restoration of roads will be completed by November 30. The announcement came after the High Court had directed the government to finish the work within three weeks in the state as well [...] Continue Reading »
The Municipal Corporation of Gurgaon (MCG) has announced that private contractors providing water supply in municipal areas will have to pay a hefty fine of thousand rupees in case they are unable to provide water supply within twenty four hours. The MCG is inviting tenders to contractors to provide water supply in the zone. The water [...] Continue Reading »
Residents in the Thane station area in Thane were panicked by the unannounced power cut that occurred recently. The area experienced complete black out on Friday. The sudden power cut caused much inconvenience to the commuters and shopkeepers. Many shopkeepers have to shut down their business early in lieu of the power cut. Entire areas [...] Continue Reading »
The Hyderabad fire services department is on a high alert to sue the builders who have raised high buildings and who have never aspired to claim a no objection certificate (NOC). These buildings are considered unsafe till the NOC is claimed, meanwhile the NOC may also order for a demolition drive of buildings which will [...] Continue Reading »
Ahmedabad has been witnessing some huge land transactions recently. Some few days back a plot along the SG Road near Prahaladnagar junction was sold for Rs 85 crore. The seller, a five decade old realty firm, had sold the 7,500 sq yards of land for Rs 1.11 lakh per square yard. The plot was purchased [...] Continue Reading »
