Visakhapatnam
IVRCL Infra, a Hyderabad based firm has planned to sell some of its lands in Bangalore, Pune, Chennai, Hyderabad and Visakhapatnam to recover from debt. The land measures around 1600 acres which was kept for real estate development. They have in total of 2300 acres of land, out of which 700 acres is being used [...] Continue Reading »
The door-to-door survey of properties in Visakhapatnam bore no fruits for the Greater Visakhapatnam Municipal Corporation (GVMC). The property arrear pending has exceeded Rs.110 crore. Due to this pending survey majority of the GVMC staff members were not given salaries. Out of 126 staff members, 24 were able to cover up the target of collecting [...] Continue Reading »
The City of Destiny Visakhapatnam is on new plans and will soon be turned into green city. To reduce the massive rise in pollution in the city, massive green plantation drive has been initiated by the government authorities. Nearly 40 lakh saplings are planned off to be planted in around 72 wards in the city. [...] Continue Reading »
Unauthorized buildings are fast spreading all over the city in Visakhapatnam and the main reason behind increase in illegal building mushrooming is a result of the tied up union midst the officials of the Greater Visakhapatnam Municipal Corporation (GVMC) and the builders. The violation of zoning and building regulations have been encouraging by the authorities, [...] Continue Reading »
According to a research report by Crisil Research, large builders like DLF, Unitech, Parsvnath, Omaxe, Ansals and Emaar MGF have already diversified into smaller cities of the country. The cities like Bhopal, Bhubaneswar, Coimbatore, Indore, Jaipur, Lucknow, Nagpur, Surat, Vadodara and Visakhapatnam are expected to add 354 million sq ft of residential development in the [...] Continue Reading »
The High Court issued interim orders on Monday staying the property tax hike by the Greater Visakhapatnam Municipal Corporation (GVMC). The High Court division bench comprised of Justice V.V.S. Rao and Justice Ramesh Ranganath issued interim orders on Monday staying the property tax hike by the GVMC and ordered that the hike should not be [...] Continue Reading »
It was a providential escape for 25 families living in a five-storied apartment complex. The residents of Vaibhav Hills apartment at Marripalem VUDA Colony woke up with a jolt at 4. 30 a.m. when a passerby noticed the retaining wall giving way and alerted them. The slippage of red soil on the rear side of [...] Continue Reading »
