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Farm land allotted for industrial have to be converted first

Farm land allotted for industrial have to be converted first
Karnataka has made life a lot easier for investors by doing away with the need to get farmland converted for industrial use after a project is approved by the government. The agriculture land where an investor has proposed a project is deemed converted once it is cleared at the highest level, the Chief Secretary Kaushik [...] Continue Reading »

Olympia launches super-luxury villa project in Bangalore

Olympia launches super-luxury villa project in Bangalore
The Olympia group, well known for developing residential and commercial spaces in Chennai and Kolkata, has now launched a new project Enchante in Bangalore. This project has 26 Villas in more than 4.5 acre land and is located behind Forum Value Mall. Mr. Ajit Chordia, managing director, Olympia group, says that they believe Bangalore is [...] Continue Reading »

Sobha Developers introduces Rs 1 crore apartment project in Pune

Sobha Developers introduces Rs 1 crore apartment project in Pune
The Southern real estate company has introduced its first 2-BHK (bedroom, hall, kitchen) project in Pune in which each apartment is less than 1 crore. Company also reveals that the Sobha Orion at Kondhwa, Pune will be ready for possession in 2017. Pune ranks in second position in the list of largest cities of Maharashtra [...] Continue Reading »

KUD launches a mega township in Pune

KUD launches a mega township in Pune
Kruti Kumar Jain, director, Kumar Urban Development said, “The Mega Township is aimed at catering to the employment catchment area of Kharadi and Hadpasar in Pune.” Jain said , the project offers a unique combination of luxury and affordability and the prices start at Rs 30 lakh.She added the project’s USP is its proximity to [...] Continue Reading »

1BHK apartments in Bangalore see fresh demand

1BHK apartments in Bangalore see fresh demand
In Bangalore, the demand for 1 BHK flats is picking up. Previously, the demand for 1 BHK has been on the rise in areas such as Madivala and Mathikere, but in the last couple of months, new localities are seeing entry of developers with 1 BHK segment projects. Many reputed real estate biggies are entering [...] Continue Reading »

Pune witnesses increasing demand for student housing

Pune witnesses increasing demand for student housing
The residential market demand is increasing in India because of the availability of good educational facilities. The heavy student population is definitely going to increase the demand for residential spaces as educational institutions lend value to a location. Pune is known as the knowledge hub as it provides quality educational institutions. Many other educational institutions [...] Continue Reading »

Reputed schools influence real estate market

Reputed schools influence real estate market
Presence of reputed schools and educational institutions in an area alters the area’s realty growth. On the other hand, most of the schools are giving preference to admit students who reside within a 5 km radius. Parents choose to move into new houses or buy properties in the localities close to their kid’s school. Some [...] Continue Reading »

No serenity for Gayathrinagar residents

No serenity for Gayathrinagar residents
Due to the presence of many educational institutions located in Gayathrinagar Colony on Pinnamaneni Polyclinic Road, the area has lost its peace and calmness. During the peak hour, the area remains full jammed because of school and college students and school buses moving causing commuters facing difficulty in their day to day life. The Gayathrinagar [...] Continue Reading »

Nov 27 as deadline for service tax dues

Nov 27 as deadline for service tax dues
New Delhi- If you haven’t yet paid your service tax dues, hurry up as November 27 is the deadline with  over Rs.10-lakh rental income out of the immovable properties. Tax payers who fail to pay by the deadline will be charged a penalty. Tax implies to renting commercial properties with the rental amount exceeding the limit of Rs.10 lakh annually. [...] Continue Reading »

BBMP asks hotels, malls, offices to segregate waste from Oct 1

BBMP asks hotels, malls, offices to segregate waste from Oct 1
Like residents of Bangalore, the hotels, malls, offices, convention halls and educational institutions have also been asked to start waste segregation from Oct. 1 by Bruhat Bengaluru Mahanagara Palike(BBMP). They have been asked not only segregate waste into dry and wet but also to compost wet waste within their premises or pay to hand it [...] Continue Reading »



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