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Larsen & Toubro grabs Rs 1981 crore housing contracts

Larsen & Toubro grabs Rs 1981 crore housing contracts
The major real estate firm won contracts worth Rs. 1,981 crore in housing sector including major order in Bangalore. The company says that the building and factory business of L&T has grabbed the housing order of value Rs. 1,981 crore in March 2014. A main residential order is taken up in Bangalore from one of [...] Continue Reading »

SDMC to include more properties in tax net

SDMC to include more properties in tax net
Delhi: Under the budget estimate for 2013-2014, South Delhi Municipal corporation (SDMC) has spared a hike in property tax for their residents. The corporation will focus on the collection of property tax and will not increase the tax rate and no additional tax or surcharge will be applied. The corporation is trying to bring more [...] Continue Reading »

South Indian realty observes stable demand

South Indian realty observes stable demand
The Associated Chambers of Commerce and Industry of India (Assocham) has reported that real estate demand has remained moderate. Even the festive season’s special offers failed to bring in husky demand for properties. The survey was carried out in major cities like Delhi-NCR, Mumbai, Bangalore, Chennai, Kolkata, Ahmedabad, Hyderabad, Pune, Chandigarh and Dehradun and gathered [...] Continue Reading »

Real estate remains dull this diwali

Real estate remains dull this diwali
Property investments remains dull despite attractive offers and aggressive marketing. The reason for the slowdown in real estate is because of the high property prices and unusual rise in the cost of materials used for construction, says the ASSOCHAM survey. On the eve of festival, there was a growth of only 20 percent compared to [...] Continue Reading »

Plot rates sky rocketing in Panchkula

Plot rates sky rocketing in Panchkula
The prices of real estate properties at Chandigarh in Panchkula is sky-rocketing. Buying a plot has become a distant dream for a common man in Panchkula. This real estate scenario had sometime diverted common people’s mind to forcibly get adjusted to apartment culture. However, in recent times the prices of apartments in Chandigarh comes only [...] Continue Reading »

Land Sold to Third Party without Land Owners Doctrine in Chennai

Land Sold to Third Party without Land Owners Doctrine in Chennai
In Chennai a land at Arumbakkam was sold to a third party without the knowledge of the land owner and also bank loan was sanctioned to this illegal property dealing. The Madras high court directed the city police officials to take up the case seriously and take immediate action on the property dealers. This illegal property [...] Continue Reading »



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