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The first phase of Rs 550-crore road project is almost nearing the deadline and huge number of tasks is left unfinished! So, what next? The citizens of Mumbai should get ready to commute in the half done worn and torn out roads. The civic body has admitted that at present there is 10 to 15 [...] Continue Reading »
The non-functional streetlights, encroachment of roads, sewage overflow and many such civic issues have been haunting the residents of Sector 45 in Gurgaon city. Added on these issues are mushrooming slums and stray animals in the area for which the residents have been complaining and till date no action has been taken against it! The [...] Continue Reading »
The non-payment of property taxes has paved for the auction of eight properties in Indore. The Indore Municipal Corporation (IMC) recently had issued a list of 20 properties for auction in which 8 properties will be hammered in couple of days. The revenue in-charge Chandu Shinde say that they are almost prepared to auction these [...] Continue Reading »
The market places in the city is supposed to be a boon to the residents of Dwarka in Delhi. However, the vegetable market in Sector 23 has become a bane with the spread of chaos and stink! The residents belonging to surrounding localities say that the market fare held on Thursday and Saturday to the [...] Continue Reading »
Jayanagar, a real estate hot spot of Bangalore well known for its commercial and residential richness has now been gifted with new sign boards for all the roads. These sign boards provide complete information about place, road details and has been designed with a curvilinear top and a radium background. Also, behind the board there [...] Continue Reading »
The development control regulation made some changes in the regulation and follow up to this several projects will be launched in next few months. This leads to clearing the projects which were pending from long time. According to a real estate research organization there are more than 1lakh unsold apartments in the Mumbai region. Hence [...] Continue Reading »
The Mumbai State Government has decided to promote for a n amendement in the Indian Registration Act(IRA 1908). The government wants to authorize banks to register propertydocuments, license agreement, mortgage deed and hypothecation certificate. The state MPs will consider the proposal in the upcoming Parliament budget session. According to a senior official that this delegation [...] Continue Reading »
The property prices in garden city Bangalore is constantly rising wherein common citizens are finding tough time to handle the realty costs! However, the Non Resident Indians (NRI’s) have made the best use of this realty situations. The Confederation of Real Estate Developers of India (CREDAI) have themselves claimed that the NRI investments has been [...] Continue Reading »
The number of apartment registration is decreased in the month of January 2012 than December 2011. It is recorded tha more than 2500 numbers of less flat sold last month in Mumbai. It is also observed that for the last two years the demand for the property marketis not increased. The cause behind that is [...] Continue Reading »
Haryana Urban Development Authority (HUDA) has planned to promote the rain water harvesting among the apartments. HUDA is making it compulsory to construct an arrangement for rain water harvesting. The department made it clear that the commercialization of under ground water is not permitted under any circumstances.They also initiated to install water meters for all [...] Continue Reading »
