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The Delhi government has lifted restriction on sale of leasehold properties

The Delhi government has lifted restriction on sale of leasehold properties
By making buying and selling of leasehold properties easy, the Delhi state government had made a welcoming movement, which is sure to bring cheers. This move is a big relief and would bring cheers to lakhs of property owners The Delhi state government has finally relaxed the prohibitions in connection with the sale of leasehold [...] Continue Reading »

Norms Relaxed on Purchase, Sales on Leasehold Property by Delhi Government

Norms Relaxed on Purchase, Sales on Leasehold Property by Delhi Government
The Delhi Government has taken up the restrictions on sales of leasehold properties in a major relief. This is good news for all the property dealers and might boost the prices of real estates. All the registrar officers are asked by the Revenue Department to allow the purchase and sales of leasehold properties. This rule [...] Continue Reading »

Godrej group to expand globally

Godrej group to expand globally
Nisaba Godrej, a scion of the Godrej family and Executive Director of Godrej Consumer Products in a statement announced that the company plans to increase its headcount to over 18,000 employees by 2017 from about 15,000 currently. Godrej Industries Limited and Associated Companies (GILAC) a part of the Godrej conglomerate group plans to expand its [...] Continue Reading »

Properties to come under tax net by South Corpn

Properties to come under tax net by South Corpn
The South Corporation has decided to come up with ‘Unique Property Identification Code’ so that the revenue can be effectively increased and improved further. This will be done in order to bring the properties under the tax net. Recently, a memorandum of understanding has been signed by the civil agency with a private firm. This [...] Continue Reading »

HC orders ignored, Rajasthan authorities do not raze Asaram’s ashram

HC orders ignored, Rajasthan authorities do not raze Asaram’s ashram
Ignoring High Court’s orders, Jaipur Development Authority (JDA) has not destroyed the encroachment at Asaram’s ashram. The report submitted on 27 January, says that that the school premises, hostel and a hall are constructed illegally on public land. A senior official of JDA, says, “Recently, the ashram authority had written a letter to JDA asking [...] Continue Reading »

Rental values in Kharadi and Baner driven by IT industry

Rental values in Kharadi and Baner driven by IT industry
For property owners in Kharadi in East Pune or Baner in West Pune, there is a good reason to cheer. The rentals in these locations have gone up by 28-31 per cent in the last two years. According to a survey, 82 per cent of home-buyers consider investing and staying near their work place or [...] Continue Reading »

Rent for HQ to be paid by the South Corporation

Rent for HQ to be paid by the South Corporation
New Delhi- In a recent announcement made by the North Delhi Municipal Corporation officials, it was stated that they will hire a private agency in order to initiate a survey and make a report of all properties within their jurisdiction. According to an NMDC official, a survey has already been carried out by an agency from the Delhi Government. [...] Continue Reading »

Sholinganallur witnesses growth in residential realty

Sholinganallur witnesses growth in residential realty
Chennai- Sholinganallur, a residential area in the outskirts of Chennai, which had been witnessing significant commercial development is now developing in terms of residential real estate too. The huge workforce that has been coming up for catering fast developing commercial segment, has now been pushing residential segment in the area. Sholinganallur has observed around 12 [...] Continue Reading »

HUDA demands extra money from plot owners

HUDA demands extra money from plot owners
Gurgaon- The plot owners from sectors 27, 28, 42, 43 and 57 were asked to pay extra money by the The Haryana Urban Development Authority (HUDA) before December 1. This additional fee was demanded by HUDA based on the view of the increased compensation to land owners on their properties from these sectors. This rule was implied to the plot [...] Continue Reading »

Top seven areas of India to observe real estate boom

Top seven areas of India to observe real estate boom
Prospering real estate market of India is a great option for investment for builders and buyers too. If any prime developmental work or new project such as a tech park, an airport, a railway station, a metro work, or a special economic zone (SEZ) is upcoming in an area, then immediately the price of properties [...] Continue Reading »



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