Uncategorized
The layout of East Azad Nagar in Delhi has been approved by the civic authorities and it has become the first newly authorised colony since 1976. It is one among the 895 colonies which has been regularized last year by Delhi government. This will allow the residents of the East Azad Nagar area to legally [...] Continue Reading »
New Delhi: Delhi government seems to be reluctant to take any decision in case of the Delhi Rent (Amendment) Bill before the upcoming 2013 Assembly election as it may harm its prospects. Although the union urban development ministry and Delhi government worked very hard to regularize unauthorized colonies and farmhouses hoping electoral benefits, they have [...] Continue Reading »
Hyderabad- If you are planning to construct a house or want to purchase a flat or villa in Cyberabad areas, then you have to cough more money as compared to other parts of the city. The extra money comes in the form of Value Addition Charges (VAC) which has been fixed as an additional tax. [...] Continue Reading »
Hoskote is the new hot spot in Bangalore. Neo Bangalore is all about a planned township, world class connectivity with established industries coming in. Hoskote, an area in Bangalore which holds great promises and expectations. There are various reason why Hoskote is becoming one of the hot spots. One of the main reasons why people [...] Continue Reading »
In a move to develop the infrastructure of the state, Uttar Pradesh CM, Akhilesh Yadav is planning to set up an infrastructure development fund from parts of profits from Noida, Greater Noida, GDA, LDA and other agencies. He also assured that the farmers’ interest will be protected. The CM announced this move at the inaugural [...] Continue Reading »
The new scheme, i.e. the conversion of Delhi Development Authority (DDA) flats that were registered on general power of attorney (GPA) and agreement to sell (AS) to freehold has been liberalised by the Urban Development Ministry. Earlier, DDA had stopped conversion from leasehold to freehold of properties registered on GPA. But the new move brought [...] Continue Reading »
The first corridor in phase three of Delhi Metro – the Central Secretariat-Mandi House corridor via Janpath – will be operational by March next year. Delhi Metro is working on constructing a 3 km long underground pass to avoid the heavy traffic at Rajiv Chowk station. The chief of Delhi Metro Rail Corporation said that, [...] Continue Reading »
Indore- The real estate developers in Madhya Pradesh are not bothered to follow Green Building concept, a new concept to rate building on certain factors. The efforts and incentives provided by government are also going in vain. It is found that not even a single building in state is rated “green building”. According to some [...] Continue Reading »
Property prices in Mumbai are forecasted to come down due to factors like high prices, lower demand and liquidity issues. Also, at the same time due to no new launches in Gurgaon, prices may go up, as per a report by Bank of America Merill Lynch. As per reports, in last ten years, property prices in Mumbai have [...] Continue Reading »
Unsatisfied property owners in Mumbai are planning to move court over the new way of calculating property tax. There had been already many criticisms in the past against the imposition of property tax in Mumbai and its suburbs with retrospective effect. The property tax system based on capital value that has been planned recently but will [...] Continue Reading »
