Builders
Chennai will be soon welcoming the new market-based guideline values for property registrations. Now that the realty sales are doing good in Chennai city, the scenarios are sure to change once the new guidelines come into effect. Therefore, the builders as well as the property buyers in the city are into mad rush wherein, one [...] Continue Reading »
Unlike the other Indian metro cities, Mumbai today is out standing in concern with real estate transactions. Unbelievable! Midst poor infrastructures like; roads, parks and many such, still the residential rates remain too expensive. Real estate experts say that the city’s real estate market is overpriced and money has become a major concern to the [...] Continue Reading »
Luxury residential complexes in Gurgaon city are charging a hefty amount as on monthly maintenance charges. Aralias, a luxury residential complex charges Rs 25,000 to 30,000 per month as a maintenance charge from each resident. Also one of the luxury residencies in M.G road collects not less than Rs. 15,000 per month. Residents are having [...] Continue Reading »
As do pizzas have quick delivery methods following up, same is the scenario with building constructions today. Doesn’t it sound different? Yes, to achieve quick and timely delivery, developers in India have taken over new construction methods. Building construction today has become competition among the builders to complete the floors of a building as quickly [...] Continue Reading »
On November 26th, a meeting was arranged at the Karnataka State Pollution Control Board (KSPCB) Chairman’s office, Church Street, Bangalore to discuss ideas of new implementations to be brought into action, eradicating the current Sewage Treatment Plans (STP) at all the apartments in Karnataka. During the commence of meeting Dr. Ananth S. Kodavasal, Director of [...] Continue Reading »
Major headache! Yes, the developers and builders are worried as the sale of apartments and commercial spaces in the city swooped down from long time. Rising mortgage rates and real estate prices has raised loss of interest in prospective home buyers in Thane city. From past eleven months, property sale transactions has crumbled from 24,601 [...] Continue Reading »
Builders in Noida who have their upcoming residential or commercial projects in hand will have to pay enhanced compensation to the farmers. Greater Noida authority (GNA), in a meeting with the developers has passed orders to pay an extra sum of Rs 2,015 per sq mt within next three months. According to the data collected by [...] Continue Reading »
The realty sector in Gujarat is facing a downfall with the steady price raise of construction material and shortage of skilled labour. Experts say that the construction projects across Gujarat are getting either delayed, cancelled or stalled from past a week. Same is the scenario faced by real estate markets in cities like; Vadodara, Surat, [...] Continue Reading »
The recent real estate regulation & development bill, 2011 drafted by the central government is now bearing fruits for the citizens of Pune. The bill has provisioned Pune Municipal Corporation to take action against developers and builders for incomplete work, for not providing no-objection certificate and occupancy certificate and also failing to provide basic amenities [...] Continue Reading »
The service tax department in Mumbai traced that builders in the city had collected nearly Rs.50 crores as service tax but never seemed to have paid the same to the government. In concern with this trace, recently the service tax department collected Rs.20 crore from several builders in the city. These builders also promised to pay [...] Continue Reading »
