Land
The Delhi high court has allowed the Capital’s land-owning agencies to execute “deeds of apartment” for home buyers in case a builder fails to do so. Allowing a PIL which sought a direction for enforcement of the Delhi Apartment Ownership Act, a bench of Acting Chief Justice A K Sikri and Justice Rajiv Sahai Endlaw [...] Continue Reading »
Income-Tax department officials will issue a fresh ‘Property Attachment Notice’ to the Swarnandhra IJMI Integrated Township Development Company Pvt. Ltd. properties at Kukatpally. As sources say, this is an outcome of the developer’s failure to pay a total of Rs 66.59 crore corporate tax. V.V. Rao, Malaysian Township Owners’ Association member, said that the income [...] Continue Reading »
Mumbai Metropolitan region (MMR), which normally has an annual flat sales average of 80,000 units, declines with only 45,000 apartments sold in the year 2011-12. According to the Knight Frank research report released on Thursday the market has an unsold inventory of 80,000 flats valued at Rs 1.05 lakh crore. Sales in the financial year 2012 [...] Continue Reading »
Recently, Odisha cabinet has decided to increase the land valuation which will in turn increase the holding tax in the state making it a burden on residents in Bhubaneswar. The land valuation is by general administration (GA) department in the city and it will be increased to match the benchmark valuation of revenue department. The [...] Continue Reading »
Bhubaneswar Development Authority (BDA) is very soon coming up with the effective “mixed land use” policy for the betterment of the city. After the implementation of this policy, the diversified use of residential land will be more subtle. According to current provision, one third of land in residential plots can be used for commercial space [...] Continue Reading »
The “Garden city” Bangalore will soon welcome the launch of luxurious apartments! Yes, luxurious apartments in Bangalore has been planned to be constructed at the land belonging to public sector enterprise Mysore Lamps Limited. In concern with the same, Chief minister DV Sadananda Gowda has directed BDA commissioner Bharat Lal Meena to approve and commence [...] Continue Reading »
The real estate company Mahindra Lifespace Developers recently launched a residential project in Nagpur. The Mahindra group who is into infrastructure and real estate company has named their newly launched residential project as “Bloomdale”. The project is said to be a joint venture of B E Billimoria & Company and Mahindra spread over 25.25 acres [...] Continue Reading »
A two acre plot in Andheri suburb of Mumbai worth Rs 300 crore has been acquired by Adani Group. However the Adani Enterprises who recently said that they would take an exit from real estate has now spread the news confirming their family to take over the real estate business. This land has a total [...] Continue Reading »
Its so called as “discover for yourself the goldmine disguised as a home”. Such is a feel good factor a property buyer can look out for at Vakil Whispering Woods. This is one of the new housing launch in Garden city Bangalore. A splendid mixture of joy and luxury and a one heavenly place full [...] Continue Reading »
The slum dwellers in Karnataka have a reason to be happy! The state cabinet have agreed to give land deed titles to the slum dwellers. The motive is to make it a slum free state and to provide basic level infrastructure to the residents. There are in total of 40 lakh population in slum areas [...] Continue Reading »
