Multiplexes
The decision of the Ministry of Local Bodies to exempt charging the Change of Land Use (CLU) fee within municipal limits has raised the hope of some revival of the now dormant real estate business in the state. Minister for Local Bodies, Anil Joshi has in a recent announcement said the CLU fee has been [...] Continue Reading »
Hyderabad-In a recent developmental report in the city of Hyderabad, project developer L&T has decided to develop in six million square feet in the next 5-6 years. The project will include shopping malls, multiplexes, office space and retail chains spread over 18.5 million square feet. The project planning has been done in order to make the [...] Continue Reading »
Private equity major Actis is revealed to be the forerunner to buy Cinemax India Ltd,. The multiplex chain had been put up for sale by its promoters. Kanakia family, the promoters of Cinemax, expects a valuation of around Rs 700 crore, including a debt of Rs 100 crore. The Kanakias own close to 70 per [...] Continue Reading »
The Nonadanga land in Kolkata since long times has been acquired by slum dwellers. The eviction of slum from this land has been a headache to Kolkata Metropolitan Development Authority (KMDA). The KMDA authority has commenced with several options to utilize the stretch of land. The Nonadanga Busti Uchchhed Pratirodh Committee is opposing the government’s [...] Continue Reading »
A sigh of relief for the residents of Hyderabad very soon. As per reports, the state government is being ready to relax the regulations for construction of buildings on lands upto 300 square metres. This will be a great boon for the residents of Greater Hyderabad as the land prices are going up. The revised [...] Continue Reading »
As per the targets issued by Bruhat Bangalore Mahanagara Palike (BBMP) Commissioner M K Shankarlinge Gowda, the municipal officials have already started sending notices to the property tax defaulters. The officials are on high alert, rushing in a fast pace to clear all pending property tax payments. By March 2012 target of Rs 500 crore [...] Continue Reading »
Apartments are in trend today! The metropolitan cities in India have best of best apartments in them. Bangalore’s sibling Mysore is nowhere far from following up this trend. Apartments in Mysore today is established with a luxury living. A breathtaking view of Mysore Palace and Chamundi hills will be a general add on from all [...] Continue Reading »
