Indore
Companies in Indore are no longer orphan and are under constant vigil by the industry department. The defaulter companies that have not worked as per the rules of the department are to lose their land. The flouting of norms include not initiating any work on the land allotted to them or selling the plots to [...] Continue Reading »
Water crisis in eastern parts of Indore, will have to bear severe water shortage. Due to shut down of Narmada Phase III the Indore Municipal Corporation (IMC) will be stopping the water supply in the city for around 15 days. Narmada Phase III at present supplies 90MLD of water for technical works and line testing [...] Continue Reading »
Indore Income Tax department is all set and ready to reveal the list of crorepati taxpayers. It seems that Indore city is witnessing unending list of billionaires. According to the income tax department, number of crorepati taxpayers has raised from 195 to 260 for the year 2011. These rich people are also generating lots of [...] Continue Reading »
The determination of property tax evasion has been carried out by the flat owners in Indore. Meanwhile the Indore Municipal Corporation (IMC) has sealed nearly 60 shops including several residential buildings and it has detected several other sectors and yet to be sealed. Deputy Commissioner M P S Arora directed the sealing drive in Indore [...] Continue Reading »
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 »
According to a research report by Crisil Research, large builders like DLF, Unitech, Parsvnath, Omaxe, Ansals and Emaar MGF have already diversified into smaller cities of the country. The cities like Bhopal, Bhubaneswar, Coimbatore, Indore, Jaipur, Lucknow, Nagpur, Surat, Vadodara and Visakhapatnam are expected to add 354 million sq ft of residential development in the [...] Continue Reading »
India’s top listed real estate developer DLF Group has said it will increase prices of its properties in selective locations to minimize the impact of rising input costs. The company, however, did not share details such as by how much the prices will be hiked, on which projects and from when the increase will take [...] Continue Reading »
