Residences
Due to Diwali lighting and decorations, the power consumption was supposed to go up but unfortunately power consumption has come down by around 35 percent. In last one month, before Diwali, power consumption was 8 million units per day but it has come down to about 10.5 MUs per day during Diwali day, said Torrent [...] Continue Reading »
The US government has hired property consultancy Knight Frank to carry out a valuation and review of all its real estate properties in India. The properties, valued at thousands of crores, were acquired over the years at low rates and the recent move may indicate possible sale of some assets in the future. The properties [...] Continue Reading »
Value & Budget Housing Corporation (VBHC), co-founded by former MphasiS chairman Jaithirth (Jerry) Rao and former Citibank Consumer Banking Head P S Jayakumar, has announced an expansion plan of Rs 300 crore. The company will launch nine projects of budget homes across Bangalore, Mumbai, Chennai, NCR and Baroda, offering a total of 2,500 units. VBHC [...] Continue Reading »
Disney Consumer Products (India) plans to launch Disney Inspired Homes for which it will tie up with a Mumbai based real estate company, Sunteck Realty Ltd. Disney Inspired Homes, built at the ‘Sunteck City’ project in Goregaon in North Mumbai, will be designed using Disney themes especially for children and families in the Indian real [...] Continue Reading »
Hike in property tax has been a nightmare to the citizens of Thiruvananthapuram. Property tax payers can expect maximum of 60-per cent increase in the tax amount for residences. However, the hike for commercial buildings would be much higher when compared to the residential sectors. Also, recently the city mayor announced the possibilities of implementing [...] Continue Reading »
Supertech, a Noida based real estate developer will be launching new luxurious construction which is popularly called as Supernova. The development has been estimated to cost Rs 2,000 crore comprising of serviced apartments, shopping malls, recreational centers, office spaces and residences. This luxurious project will be spread across a built-up area of 5 million square [...] Continue Reading »
Chandigarh adds on to the lists of green cities in India. So has it enliven with green parks and gardens all around the city. Meanwhile the state government has witnessed illegal encroachment of these government owned parks and gardens. However the judges of the Punjab and Haryana high court have decided to bulldoze off these [...] Continue Reading »
