Chandigarh
Owing to its strategic location and major developments being carried on at a fast pace, Moshi, a locality in Pimpri-Chinchwad Township, has been luring the real estate developers and investors. Moshi’s proximity to the Chakan industrial area, which is home to national and international automobile companies like Volkswagen, Mercedes Benz and Mahindra & Mahindra, attracts [...] Continue Reading »
Realty giant DLF is all set to sell at least two out of the three non-core businesses as it plans to cut its Rs 23,000 crore debt to about Rs 17,000 crore in the current fiscal. DLF Group Executive Director Rajeev Talwar revealed that the group is all set to sell its luxury hospitality chain [...] Continue Reading »
DLF, leading real estate developer of India, held back by debt and sluggish demand, is shifting back its focus on the familiar territory of its home market. The firm concentrates on building high-end luxury homes in North India while new projects in other parts of the country see a downtrend. Its overall focus in the [...] Continue Reading »
As the electricity department took hours to fix the power breakdowns, residents of Chandigarh, Mohali and the entire Zirakpur spent hours without power on Sunday night and Monday. For hours together on Sunday night, Chandigarh’s sectors 35-A, 48-C and 44 was in darkness, as an electricity pole caught fire due to the showers. On Monday afternoon, [...] Continue Reading »
Chandigarh city residents are relieved as the formalities over imposing the house tax on residential properties and revision of tax rates of commercial properties will take at least another six months or more. Chandigarh administration needs to issue a notice of communication to the MC as it has already sent many reminders regarding impose of [...] Continue Reading »
With over 1,600 parks in the Chandigarh city turning into parking lots or place for miscreants to create nuisance, MC has decided to hand over neighbourhood parks to resident welfare associations (RWAs). The RWAs were concerned about the pitiable conditions of such parks. As the horticulture wing of the MC has failed to keep the parks in proper condition, it [...] Continue Reading »
Haryana Government has finally started the property tax collection process after imposing it ten days back in the state. The property tax will be collected from owners of residential, commercial and institutional buildings across Haryana. If all goes in a correct manner, then the financial commissioner principal secretary (FCPS) informed that demand notices of property [...] Continue Reading »
At present, redevelopment of properties is the “in thing” in real estate sector. One of the top realty player, Godrej Properties has planned to expand its project portfolio in the redevelopment segment. In context with same GPL Managing Director and CEO Pirjsha Godrej says, that in order to increase the availability of housing in Mumbai, [...] Continue Reading »
Chandigarh residents have to follow the quote- ‘Early to bed, early to rise‘ very soon! With the summer setting in resulting in shortage of water, municipal corporation is about to cease afternoon supply of water. Due to which, residents of multi storied apartments in Chandigarh have to get up as early as 4 am and [...] Continue Reading »
The Housing Development Finance Corporation (HDFC) banking sector is on a pace of dropping down the interest rates of home loans. It all depends on Reserve Bank of India (RBI). If RBI goes for a dip down in interest rates, HDFC is sure to follow up the same with home loan categories. In concern with [...] Continue Reading »
