State government
The state government-appointed commission revealed the fact that the forests and the natural life is destroying by the unplanned real estate development in Himachal Pradesh. The report says that by the shock wave of the blasting, wild animals are running away from the jungles. The builders are also dumping the construction waste and debris into [...] Continue Reading »
Serviced apartments is right now one of the major real estate attraction in Bangalore city. Meanwhile, the property tax department had requested state government to add serviced apartments under commercial property tax net. This plan was a seeded by namma Bruhat Bangalore Mahanagara Palike’s (BBMP). The process is right now on hold! Having a rough [...] Continue Reading »
The state government has decided to reduce the impact fee rates after witnessing a poor response from the owners of the properties of Gandhinagar. The government also plans to simplify the process to regularize unauthorized constructions under the Act. The decisions were taken at a high-level meeting between state Urban Development Department officials and municipal [...] Continue Reading »
The delay in approvals for construction projects has annoyed the builders across India so much that they have decided to stage a protest. The president of confederation of real estate developers association of India (CREDAI) say that a day long strike has been planned if the demands are not met. Also, it has been observed [...] Continue Reading »
The rocketing prices of properties in Chennai has made property buying a distant dream for the lower and middle class population in Chennai. Follow up to this not many of them are interested to invest on property with hiking rates. Therefore, to balance the real estate market in Chennai city, the state government has announced additional floor [...] Continue Reading »
Bangalore, the “garden city” is witnessing growth in real estate sector. With the launch of metro the prices of properties in Bangalore is increasing. The Bangalore metro has already kick started and half of the work is the completion pace. However, the shifting Dr Ambedkar’s statue in front of Vidhana Soudha has resulted postpone of [...] Continue Reading »
The Confederation of Real Estate Developers’ Associations of India (CREDAI) has decided to seek details of various approved projects and the amount of revenue earned by the state government. By this way the builders association want to show the government how much loss they are incurring due to different clearance policies. According to the builders [...] Continue Reading »
With the new amendment made on the ceiling on land holding bill, the future of the township and large housing complex projects has been barred. West Bengal legislative assembly removed the township project from the exemption list of the ceiling on land holding bill. According to the state government, construction of large township is not [...] Continue Reading »
The garbage and sewage stench is unbearable for the residents of localities in Chennai. The residents belonging to Choolaimedu in Chennai say that they lack proper ventilation due to the presence of garbage and sewage flow adjacent to their houses. The residents are scared to open doors and windows of the house as the stagnant [...] Continue Reading »
In the recent 2012 annual budget, Rs 20,231.04 lakh was approved to Varanasi Development Authority (VDA). With the follow up of this, the vice chairman of VDA RP Goswami declared saying that Rs 17 crore aide will be given by state government for selling plots and buildings. Also, during the year 2011 VDA had planned [...] Continue Reading »
