amit

amit

An Engineer turned writer. Author is enthralled by outstanding buildings and structures also greatly attracted towards new technologies and design techniques used in real estate. The author is very affectionate about writing up to date movements in the field of real estate. Other than work author has keen interest in art and music.

Chennai Still Pays Property Tax Based on 1998 System

Chennai: The Chennai Municipal Corporation has failed to revise its property tax structure since 1998 which has resulted into massive under valuation of properties. The undervalue evaluation of properties has caused reduced revenue for the corporation which in effect resulted…

Green Channel Facility Launched by HMDA

Hyderabad: The Hyderabad Metropolitan Development Authority has launched ‘Green Channel’ which will speed up the approval process for layout and buildings approvals. Under this green channel layout approvals will be given to property developers within seven days of period after…

BDA to Allot 5K Sites in Kempegowda Layout

Bangalore: The Bangalore Development Authority (BDA) had developed few layouts which remained un-allotted for past decade. After a long wait of 10 years, the BDA has now decided to give out sites in the layouts. The authority will now invite application…

Kelambakkam – Realty hotspot on OMR

Kelambakkam is rapidly emerging as a realty hotspot of Chennai which is located on Old Mamallapuram Road (OMR), a well known IT corridor of the city. The region is making its mark as an outstanding residential real estate destination of…

BMC to Levy Double Penalty for Illegal Structures

Mumbai: The Brihanmumbai Municipal Corporation has decided to collect a penalty for unauthorized construction or extensions and the penalty would be double the property tax on the entire illegal area of the structure. The BMC will soon start collection of…

Mixed Land Use Policy to Come Online Very Soon

Noida: Noida authority held a meeting with residents and entrepreneurs to discuss mixed land use policy for areas within industrial and residential sectors. Earlier the government had given an approval to the mixed land use policy for specific areas in…

Gajuwaka – Affordable Alternative for Vizag

Visakhapatnam has undergone a rapid change in the real estate market in the past few years, and it has been expanding on its fringes with a growing real estate market, both commercial as well as residential. Visakapatnam, well known as…