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Residential properties

Newly launched projects in Gurgaon takeover ready units

Newly launched projects in Gurgaon takeover ready units
Gurgaon is one of the hottest destinations for real estate investors, both end users and investors. The area has always been offering excess option of residential properties. In Gurgaon, the recent demand is increasing for new launches as compared to the ready to move in units. The real estate in Gurgaon is divided into commercial [...] Continue Reading »

Commercial property tax may witness a hike

Commercial property tax may witness a hike
Commercial property located within a radius of one kilometre from any metro line in Delhi is likely to witness a hike in property tax very soon. The three new municipal corporation heads have given a positive nod for the move. Considering the assembly elections scheduled next year, residential properties will be excluded from the hike. [...] Continue Reading »

Tata Housing launches first residential project in Bhubaneswar

Tata Housing launches first residential project in Bhubaneswar
Bhubaneswar- Tata Housing Development Company Limited, a renowned real estate company in India, has announced its first integrated residential complex “Ariana” in Bhubaneswar. The company has entered Odisha market by launching “Ariana” at Shankarpur which is jointly developed in association with the Bhubaneswar Development Authority (BDA). This new residential project in Bhubaneswar sprawls across 12 [...] Continue Reading »

HUL focuses on selling properties in metros

HUL focuses on selling properties in metros
Hindustan Unilever Ltd (HUL) is now thinking of disposing of its residential properties and plots after selling/leasing out its commercial properties last year. The consumer goods giant is focusing on selling these properties basically in the metro cities which can garner revenue of Rs 100 crore. About two dozen apartments and land parcels in posh [...] Continue Reading »

Farm Casa: Plot project by Greater Bangalore Estate

Farm Casa: Plot project by Greater Bangalore Estate
Farm Casa is a ready to occupy project by Greater Bangalore Estate which is located on Denkanikota highway just 8 kms from Hosur railway station. the project offers different types of plots size ranging from 5000 sq ft to 6000 sq ft. The price of the plots ranges from Rs 9.95 lakhs to Rs 11.94 lakhs. Farm [...] Continue Reading »

30 properties in Pune sealed for not paying property tax

30 properties in Pune sealed for not paying property tax
Pimpri Chinchwad Municipal Corporation (PCMC) has recently sealed about 30 properties in the city for not paying property tax in time. The property tax department of the civic body had already sent notices to these properties in Pune and 353 prominent defaulters had been reminded for not paying the taxes in the given time frame. Around [...] Continue Reading »

Property tax defaulters beware

Property tax defaulters beware
All property tax defaulters who claimed their four-stored houses as two-storyed in the self assessment scheme will face problem now. The Palike is going to verify the tax paid by defaulters through random check. BBMP Commissioner has set a deadline of one more month for his officials to track property tax defaulter across the city [...] Continue Reading »

Approval delays lead to hike in property rates: Survey

Approval delays lead to hike in property rates: Survey
New Delhi- Owing to delay in initiating projects, prices of properties in India have shot up by 40 percent, reports Economic Survey 2013. Before the construction activity of a project has to be started, the builder of the project has to complete 34 procedures to get clearances which would take at least six months time [...] Continue Reading »

Govt plans to use Residex to assess loan value

Govt plans to use Residex to assess loan value
To assess collateral values for home financing, the UPA-II government is planning to attach greater importance and weightage to Residex, an index to capture changes in the prices of residential buildings at the national level. This drive was initiated keeping in mind the need for new financing schemes for the urban slums’ housing. The economic [...] Continue Reading »

People living in outskirts will pay equal tax now!

People living in outskirts will pay equal tax now!
Now even the people living in the outskirts of Bangalore have to pay equal property tax. The BBMP council approved the reorganization of six tax zones for tax collection. After the state government approves the BBMP’s proposal, the process of re-classification will begin. People living in the outskirts of the city which falls in c, [...] Continue Reading »



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