Residential properties
Around 20,000 property owners from the South Delhi colonies like Green Park, Lajpat Nagar and Hauz Khas are to face criminal charges for not paying the property tax. About 1000 notices were sent to property owners by the property tax department of South Delhi Corporation. Around 30,000 properties in three of the four zones of [...] Continue Reading »
Over 20 real estate developers from India are expected to take part in a property exhibition to be held in London. The property exhibition aims to bring together high net worth non-resident Indians (NRI) and persons of Indian Origins (PIO) in London to explore investment opportunities in India. The exhibition will be hold by Unesta, [...] Continue Reading »
The Pune Municipal Corporation(PMC) has prepared a list of nearly 10,000 property tax defaulters. The defaulters have more than Rs 1 lakh property tax dues per head. The PMC has revealed that it has to recover around Rs 100 crore from these defaulters. The civic administration issued notices to these people and has demanded that [...] Continue Reading »
Mantri Developers is one of India’s leading real estate developers who has to their credit building world class residential properties, IT parks, shopping complexes, commercial buildings and educational institutions. Established by Mr. Sushil Mantri in 1999, the developers have delivered over 6,000 homes, built 20 projects and boast of building over 1 crore square feet [...] Continue Reading »
Greater Bangalore Eco Assets Pvt Ltd, formerly Greater Bangalore Estates, are one of the top builders and developers in Bangalore. Established in 1996, they have had mighty experience in promoting and developing residential properties in Bangalore and the city’s periphery. The company boasts of a team of expert consultants and associates who possess technical depth, [...] Continue Reading »
The residential real estate index prepared by the National Housing Bank (NHB), the housing prices in 16 cities including Delhi, Mumbai, Chennai, Bangalore, Pune, and Kolkata improved in the quarter ending June 2012, compared to the previous quarter ending March 2012. The prices of residential properties in 16 cities have shown an increasing trend in [...] Continue Reading »
Godrej Properties is all set to redevelop a residential property of a private society in Ghatkopar, Mumbai. Mumbai based Godrej Properties, the real estate development arm of Godrej group, will be adding another redevelopment project to its portfolio with this one. The project spread over 2.5 acres will offer around 185,000 sq ft of free [...] Continue Reading »
According to National Housing Bank (NHB) data, housing prices have risen by up to 10.5 per cent in 16 major cities of the country in the April-June period, while only three towns have witnessed a marginal fall. The data is taken from NHB ‘RESIDEX’ which tracks the movement in prices of residential properties on a [...] Continue Reading »
Property tax for the commercial properties located within a radius of one kilometres from a Metro line may soon see a hike, however residential properties will be spared from the hike. All five-star and three-star hotels, private hospitals and industrial areas in the city will also be brought under the same tax net. Leaders of [...] Continue Reading »
The Chandigarh Municipal Corporation has finally started the exercise to impose property tax on residential properties in the city. The accounts wing of the corporation has wrote to 25 government departments and organizations besides housing societies to submit details regarding their residential accommodations in the city within a period of one month. The information has been sought from Chandigarh [...] Continue Reading »
