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Greater Hyderabad Municipal Corporation (GHMC) has decided to amend the current property tax by May. The mistakes and issues in the rates will be corrected in presence of the corporators during the review. The property tax has to be revised in every five years and so it will be amended in May. Now, the civic [...] Continue Reading »
With the rupee value drop down many Indians who have settled down in foreign countries are looking forward to invest back home in India. People settled in Singapore repent for not having invested on the properties years back when prices were low. Now, in foreign countries the government is imposing taxes to deter foreign buyers. [...] Continue Reading »
Higher construction costs? again? None is aware as to why the property prices are hitting sky high! Recently, the Maharashtra government has called of for revision of Development Control Regulations (DCR) to increase transparency in real estate transactions. So, all the home buyers especially in Mumbai get, set and ready to shell out more money [...] Continue Reading »
The Bandra-Kurla Complex (BKC) in Mumbai is being over populated with increasing residential constructions. The real estate experts, the property consultants Knight Frank India and the developers are questioning the need for expansion of residential structures in BKC. No wonder, very soon four luxury residential towers will be completing its construction phase, Piramal Sunteck will [...] Continue Reading »
At present out of 30 lakh properties in Delhi only about 15 lakh properties are paying property tax. To make over this big difference the councilors have suggested Municipal Corporation of Delhi (MCD) to start sending the property bill to households just like electricity, water and phone bills. Since the property tax payers have shown [...] Continue Reading »
The new proposed Metro route in Gurgaon is not going well with the residents. Residents of Old Gurgaon localities and from HUDA sectors want the route to be diverted between Iffco Chowk and IGI Airport (Dwarka). They also want six to seven halts for the residents of south-west Gurgaon. Considering the requests, Delhi Metro Rail [...] Continue Reading »
The Ramky Estates and Farms Ltd recently announced to invest Rs 1,700 crore in realty market! After the launch of a residential project, the company announced to invest in Chennai, Bangalore and Hyderabad realty in a span of 4 years. The company “Ramky Estates and Farms Ltd” is on cloud nine with the launch ‘Ramky [...] Continue Reading »
Residents of HRBR Layout are facing a serious problem nowadays. HRBR Layout II Block has contaminated water of 3,000 litre which needs to be cleaned. Due to which, residents over the area are getting sewage water from their taps. Many complaints have been raised but to no avail. BWSSB is not ready to take up [...] Continue Reading »
As we all know that the supreme court had passed on orders to seal all the banks set up in residential areas. With the follow up of Supreme Court (SC) orders around 8 banks were sealed in Noida Sector 19 and 13. However, now there is a sigh of relief with the sealing drive has [...] Continue Reading »
The boundary walls that were being created by the residents of DLF City have been demolished. The roadside edges are being cleared from all the encroachments and the landscaping work has already started. Arjun Marg in DLF Phase I was the first one to witness the beautifying process which will move on to Akashneem Marg. [...] Continue Reading »
