Residential buildings
It has been four months since storm water drain work began at NSR Road – Seventh Cross Road junction in Coimbatore. Residents belonging to this junction say that the roads were dug long back in August and till now drain work is kept pending and sewer are seen in front all houses. Corporators, while digging [...] Continue Reading »
Chennai Metropolitan Development Authority (CMDA) were busy sealing and demolishing the buildings in Chennai city. Multi-level commercial buildings at Parry’s corner and residential buildings in Tiruvanmiyur were also listed in the demolition and sealing drive. The monitoring committee’s instruction lead CMDA to act against illegal property in the city. A four-story commercial building on Armenian [...] Continue Reading »
Property buyers in Mumbai city are shelling out lakhs of rupees for the properties which do not hold proper documentations. Around 50 residential buildings in the city worth Rs. 750 crore owned by Navi Mumbai Municipal Corporation (NMMC), Maharashtra Industrial Development Corporation (MIDC) and City and Industrial Development Corporation of Maharashtra (CIDCO) have been raised [...] Continue Reading »
Many of the Surat Municipal Corporation (SMC) officials have resigned as the property tax drive is on high alert. They seem to have been listed under flouting norms in concern with the proper tax payment. The traces have been working on a flow to check on the city municipal officials and according to a recent [...] Continue Reading »
The increase in property prices and making improvements to the house interiors all depends on equity of the residential buildings. Property prices keep fluctuating gradually and this can work wonders in a very short span of time. The house owner benefits gradually by spending 1 lakh on building in adding an extra room, this adds [...] Continue Reading »
The determination of property tax evasion has been carried out by the flat owners in Indore. Meanwhile the Indore Municipal Corporation (IMC) has sealed nearly 60 shops including several residential buildings and it has detected several other sectors and yet to be sealed. Deputy Commissioner M P S Arora directed the sealing drive in Indore [...] Continue Reading »
The Confederation of Real Estate Developers’ Associations of India (CREDAI) speaks about the present situation of the real estate in Bangalore. The officials claim that the north part of Bangalore is fast growing compared to the other cities. The commercial buildings in the city are talked off which comes in a faster pace and the [...] Continue Reading »
Housing Development and Infrastructure Ltd (HDIL) is a public listed real estate company in India with shares traded on the BSE & NSE Stock Exchanges. HDIL group has completed more than 100 million sq.ft of construction in all verticals of real estate and has rehabilitated around 30,000 families in last one decade. HDIL aims to [...] Continue Reading »
The new development control (DC) rules-to allow developers to build 25% over the permissible Floor Space Index (FSI) in return for a 100% premium to be paid to the Brihanmumbai Municipal Corporation (BMC)-were passed unanimously by the civic body on Wednesday, the last day for filing objections and suggestions on the DC rulesnotified by the [...] Continue Reading »
