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Kalindi Kunj Bridge was built in 1984 and since December 23, 2012 this carriageway was closed for repair work. Kalindi Kunj Bridge connects the south Delhi with Noida. The Uttar Pradesh state irrigation department has written to the Gautam Budh Nagar SP (traffic) and the authorities in Delhi had to divert the traffic traveling every [...] Continue Reading »
The decision to change the alignment of proposed metro line along Bannerghatta road has been taken by a high-powered committee in March. The said change of alignment will affect Infosys office, a mall and other 95 properties apart from 160 apartments. Earlier it was proposed to have interchange facility between two lines, RV Road-Bommasandra and [...] Continue Reading »
The Union Cabinet’s nod to the Real Estate Regulatory Bill has made buyers feel happy and secure; on the flipside, some of its provisions have left the developers panicking. Views of MHUPA Ajay Maken, minister of housing & urban poverty alleviation, said that the bill provides for a uniform regulatory environment to protect consumer interests [...] Continue Reading »
Chennai: During the last fiscal, real estate purchases in the city had fallen by 23.54%. However, property registration within the state appears to be mangling its way back after the slump. The period from April to May of 2013, recorded an impressive 11% growth in registrations. Real estate guideline values were sharply raised by the [...] Continue Reading »
National Capital Region’s property market witness a downfall of 39 % for the new launches of apartments in the areas. As suggested by various reports that around 7,600 units are left over since January-March period. Major eight cities like NCR, Chennai, Kolkata, Bangalore, Mumbai, Hyderabad, Pune and Ahmedabad launched around 38,000 residential units in the [...] Continue Reading »
Bangalore has witnessed the highest proportion of new project launches compared to eight major cities across India in first quarter of 2013. According to real estate consultants Cushman and Wakefield, around 40 percent of the total new unit launches in the city were in South Bangalore. In a recent study by the firm, North Bangalore [...] Continue Reading »
The much-awaited Real Estate (Regulation and Development) Bill has obtained clearance from the Cabinet on 4th June. The Bill is expected to bring in transparency in the nation’s real estate sector with tighter norms for selling projects and preventing property fraud cases. This Act may be called as the Real Estate (Regulation and Development) Act, [...] Continue Reading »
New Delhi: The apex consumer commission has directed prominent realty company Unitech Ltd to reimburse approximately Rs 14 lakh towards delay in possession. The customer – a Sanjay Goyal spent the same on rent due to the delay in possession date of the flat which he had bought. Over Rs 1.37 crore was paid by [...] Continue Reading »
Hyderabad: Due to lack of coordination between the state revenue department and the DEO, the survey of the state’s defence land is getting delayed. Overview: Headed by the special commissioner – Chief Commissioner of Land Administration (CCLA) as chairperson the state government has set up a committee to resolve defence land related issues. IVR Krishna [...] Continue Reading »
Noida sector 62 has become one of the favourable for investment in real estate among all the developing sectors in Noida. Sector 62 is primarily enjoys real estate with a mix of residential and commercial property. Connectivity: The rapid metro connection makes the locality one of the better region for investment in the national capital [...] Continue Reading »
