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Commercial plots

No upper time limit for minimum construction on plots: HUDA

No upper time limit for minimum construction on plots: HUDA
Chandigarh: Haryana Urban Development Authority (HUDA) has planned to stop giving upper time limit to allottees for completing minimum construction on residential and commercial plots. Earlier, it was directed that the allottee has to complete the minimum construction within two years from the date of possession of the plots. A HUDA spokesperson said that now [...] Continue Reading »

Plot in Rajarhat fetches Rs 6.85 crore in auction

Plot in Rajarhat fetches Rs 6.85 crore in auction
A 22 cottah plot of land in Rajarhat, Kolkata has been sold out to set up a polyclinic cum daycare centre has drawn Rs 6.85 crore in an auction. November 9 was the last day of application. The New Town lacks polyclinics and hospitals, so the residents have to depend on neighbouring areas. To bring [...] Continue Reading »

Residents of Malaysian Township oppose I-T orders

Residents of Malaysian Township oppose I-T orders
The residents of the Malaysian Township project in Hyderabad are enraged by the attachment notice issued by the local Income Tax (I-T) department on 13th of June. The department issued an attachment order on the developer of the township, Swarnandhra-IJMII Integrated Township Development Company Pvt Ltd (SITCO), for nonpayment of tax of Rs 54 crore. [...] Continue Reading »

Property registration fee high in Guwahati

Property registration fee high in Guwahati
Properties in Guwahati has the highest registration fee of 16.5 percent when compared to throughout India. To slow down these rates the Assam Real Estate and Infrastructure Developers’ Association is fighting against this imposition. Due to high registration fees and growing interest rates, the real estate market is showing a major slump. Meanwhile, green homes [...] Continue Reading »

DLF on plans to sell Noida plots to Bharti Realty

DLF on plans to sell Noida plots to Bharti Realty
DLF, India’s biggest real estate firm will be selling two plots in Noida measuring 25 acres to Bharti Realty. This 25 acre land will be sold to the realty firm Bharti Enterprises, for 250 crore. The Bharti Realty who is showing keen interest in expanding their footprints in these lands. Also they have seeked permission [...] Continue Reading »



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