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Guwahati

Assam realty front suggests government to lessen tax burden on housing

Assam realty front suggests government to lessen tax burden on housing
To decrease the burden of tax on housing properties, Assam Real Estate and Infrastructure Developers’ Association (AREIDA) has suggested the state government to combine the tax into a whole of 10 per cent which includes VAT, service tax, stamp duty, registration, labour cess and NOC fees. The state is already witnessing a hike in property [...] Continue Reading »

Earthquake tremors felt in India

Earthquake tremors felt in India
Bangalore, Chennai, Tirupati, Guwahati and Kolkata and other cities in the eastern coast felt mild earthquake tremors on 11th of April. The tremors were due to an 8.9 richter scale earthquake reported in Indonesia. The tremors were felt twice- once in the afternoon 2 pm and another at 4 pm. After the tremors, one of [...] 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 »

Guwahati hit with water crisis

Guwahati hit with water crisis
As the summer has set in, Guwahati has been hit with issue of water shortage in the city. Areas which have suffered the most are Ulubari, Bharalumukh, Rupnagar, Rehabari, Boragaon and Jalukbari where residents complain of standing in long queues for water, some get muddy water, etc. Residents allege that now is the time for [...] Continue Reading »

Kamrup Housing Projects to launch two new projects

Kamrup Housing Projects to launch two new projects
Kamrup Housing Projects, a renowned name in this sector in far east is planning to invest Rs 220 crore in two new projects in Guwahati and Noida. The projects, housing spaces will be completed in next 3-4 years as confirmed by the group. Land and all the approvals have already taken for the project, Neelachal [...] Continue Reading »

Kamrup Housing Projects expanding in Guwahati and Greater Noida

Kamrup Housing Projects expanding in Guwahati and Greater Noida
As we all know Guwahati and Greater Noida are growing in terms as hot realty spots in India and very soon they will be property buyer’s favorite destinations. To prove the same Kamrup Housing Projects, a real estate developer will be investing Rs 220 crore to develop two housing projects at Greater Noida and Guwahati. [...] Continue Reading »

New Year to bring new looks for Guwahati

New Year to bring new looks for Guwahati
The Kamrup Metropolitan district in Guwahati is now busy planning for the restructure of the city. Residents belonging to all the sectors from long time had been complaining about the land grabbing case. Till now things were kept pending without sorting out. Guwahati wants to begin New Year 2012 with fresh plans in order to [...] Continue Reading »

New Sewarage plant Coming up in Guwahati

New Sewarage plant Coming up in Guwahati
Residents in Guwahati may be finally be relieved from the inadequate and poor sewerage system. It was recently announced by the Guwahati Metropolitan Development Authority (GMDA) that they will collaborate with a Japanese company to finally do away with the decaying sewerage system in the city. According to the agreement the GMDA will work along [...] Continue Reading »

NHB to set up a Mortgage Housing Finance Company

NHB to set up a Mortgage Housing Finance Company
National Housing Bank (NHB) is planning to set up a finance company over the end of this financial year. The housing finance head Reserve Bank of India, will compensate on banks and housing finance companies in respect with the home loan borrowers. The application for the mortgage finance company will be handled by the Reserve Bank of India by [...] Continue Reading »

Clean City Project to Ramky Group by GMC Guwahati

Clean City Project to Ramky Group by GMC Guwahati
Guwahati Municipal Corporation (GMC) additional commissioner S Thiek reported saying “commuters used to find it difficult to travel when the organization used to clear garbage between 7 am and 3 pm. “The change, effected from September 1, has been made keeping the convenience of city dwellers in mind. The Supreme Court had ruled that residents [...] Continue Reading »



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