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No hike in Pune property tax next year!

No hike in Pune property tax next year!
The property buyers will be relaxed to know that they do not have to shell out extra on property tax next year. Pimpri-Chinchwad Municipal Corporation (PCMC) has announced no hike in property tax in 2012-13 and it will be the same as this year. The proposal was doing rounds from November 19 and it has [...] Continue Reading »

Chennai plans for pre-launch of residential projects

Chennai plans for pre-launch of residential projects
The builders and developers in Chennai are planning to pre-launch their projects which was kept unsold or unused due to major drop in property sales. Only because of the rising interest rates and property price hike nearly half-a-dozen of mega residential projects were on hold. On the occasion of Pongal (festival), the city developers are [...] Continue Reading »

2011 Apartment Ownership Bill passed in Bihar

2011 Apartment Ownership Bill passed in Bihar
The Bihar assembly has passed on Bihar Apartment Ownership (Amendment) Bill, 2011 in order to settle disputes between the builders and property buyers. This bill is expected to bring in more transparency in the property transactions. The Urban Development minister Prem Kumar presented the bill in the assembly house and all the members present there [...] Continue Reading »

Mandatory display of building plan

Mandatory display of building plan
Developers and builders in Hyderabad has to follow up a mandatory procedure of displaying a building house plan in front of the under-construction buildings. These building plans are to be approved by Greater Hyderabad Municipal Corporation (GHMC). The main idea is to display the plan for public view and this would also ensure transparency of [...] Continue Reading »

Realty deals rushing up in Chennai

Realty deals rushing up in Chennai
Chennai will be soon welcoming the new market-based guideline values for property registrations. Now that the realty sales are doing good in Chennai city, the scenarios are sure to change once the new guidelines come into effect. Therefore, the builders as well as the property buyers in the city are into mad rush wherein, one [...] Continue Reading »

Fluctuating Indian realty market

Fluctuating Indian realty market
Constant raise in interest rates has resulted in the investors to move out of the realty market. However, property buying has not stopped completely but it has moved on to the suburbs and peripheral areas in all the cities. According to real estate experts around 57 percent of the property buyers have already started investing [...] Continue Reading »

25 percent hike in flat rates

25 percent hike in flat rates
New flat buyers be ready to shell out more and more money in Noida. This is not a purposeful hike the developers have opted for! Developers in Noida city had to make around Rs 3,000 crore payment for the notices that the Uttar Pradesh government had issued to land allottees. Failing badly to pay this amount [...] Continue Reading »

Ahmedabad good going in real estate sales

Ahmedabad good going in real estate sales
Ahmedabad real estate market has remained more or less stable! It has not let the real estate developers loose their faith. All over India, current real estate trend has shaken the investors’ faith. Confederation of Real Estate Developers Association of India (CREDAI) say that the investors and property buyers are more confident of investing in [...] Continue Reading »

Mangalore booming with property sales

Mangalore booming with property sales
Mangalore sounds to be interesting midst property buyers from whole of India constantly complaining about getting pressurized from high interest costs and inflation. Meanwhile, Mangalore is thankful to its domestic and NRI property buyers. Mangalore’s first skyscraper is selling of flats for the rate of Rs 800/square feet. CREDAI experts claim that there is a [...] Continue Reading »

Bangalore citizens busy appreciating their property value

Bangalore citizens busy appreciating their property value
Property owners who own their property in surrounding areas of Bangalore metro line are awaiting for their property to appreciate in value. With the launch of Namma Metro all over the city, home buyers and realtors in the city are busy calculating capital to be fetched for their property. Meanwhile the industry experts say that it is [...] Continue Reading »



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