Visakhapatnam
Visakhapatnam- Pollution in Visakhapatnam has crossed all limits. It is now among one of the top 10 most polluted cities in the country. There was a time six to seven decades ago, when this place was considered as ideal for living. Now, the city is facing all kinds of pollution like air, water, plastic and [...] Continue Reading »
The Ministry of Environment and Forests (MoEF) has given green signal for 22 Naxal-affected districts to build public infrastructure even in forestland. The decision was taken following the demands raised by the Ministry of Home Affairs and the Planning Commission. The MoEF took this decision of relaxing forest conservation norms in order to allow diversion [...] Continue Reading »
Hyderabad- Renowned Bangalore-based developer Salarpuria Sattva has announced the launch of “Necklace Pride”, a mixed-use development project in Necklace Road, Hyderabad. Following the completion of the Cyber Garden project in Hitec City, the company is launching this project, said Bijay Agarwal, Managing Director of Sattva Group. Being spread across 8.5 acres in the centre of [...] Continue Reading »
Prospering real estate market of India is a great option for investment for builders and buyers too. If any prime developmental work or new project such as a tech park, an airport, a railway station, a metro work, or a special economic zone (SEZ) is upcoming in an area, then immediately the price of properties [...] Continue Reading »
With the completion of the survey for levying property tax on the basis of Geographic Information System (GIS), the Greater Visakhapatnam Municipal Corporation is all set to issue special notices. The relocation to GIS is one of the developments under the Jawaharlal National Urban Renewal Mission (JNNURM) on property tax. However, there has been a [...] Continue Reading »
Some Visakhapatnam real estate firms have been accused of resorting to unfair means to collect money from public and duping the public. Promising vacant plots at a cheap price, many real estate firms are either collecting huge amounts in the form of deposits or easy installments as low as Rs 25 per day. Many firms [...] Continue Reading »
The recent revision in vacant land tax (VLT) has disappointed many owners of vacant sites and plots in the city of Visakhapatnam. The Greater Visakhapatnam Municipal Corporation (GVMC) officials claim that the decision has been taken to check defaulters of tax arrears as well as to raise revenue. The GVMC is collecting arrears of VLT [...] Continue Reading »
Real estate index has been on a rise in three main cities of Southern India- Hyderabad, Bangalore and Chennai. Around 45% of commercial office spaces and 56% of mall spaces will be contributed by these main cities of South India between 2012-16. Also, in the residential sector, the cities accounted for one-third of the country’s [...] Continue Reading »
All what the property buyers have to say is that “the property price rates is in the hands of destiny”. Sounds ironic! true, there is a reason as to why the property buyers are connecting realty prices to destiny! The realty rates are hitting roof! After three years of major slump there is a sudden [...] Continue Reading »
Greater Visakhapatnam Municipal Corporation is talk of the town due to bad collection of property tax and large debt this year. Apart from this, it is also facing problem in completing the projects in stipulated time under Jawaharlal Nehru National Urban Renewal Mission (JNNURM). The debt has also risen to Rs 130 crore and for [...] Continue Reading »
