Mumbai/Delhi/Bangalore: It can be blamed, the economic slowdown that hampered the dreams of real estate developers who were further eying to go beyond the clouds with their multi million square feet projects. The data is even more disheartening that shows…
The union budget of this year is coming in a month and the Confederation of Real Estate Developers’ Association of India (CREDAI) has high expectations for the realty sector. Aiming to boost small and affordable houses in the system, CREDAI…
Coimbatore: The Tamil Nadu Slum Clearance Board has given a nod to the construction of the remaining 144 flats which will come up in the Vellalore area of Coimbatore. Over 936 flats were expected to be given to the Board,…
Chandigarh: Currently for sale/registration/transfer of any property, a non objection certificate (NOC) is needed in Chandigarh. This certificate explains that the property is free from any obligations. However the Supreme Court has recently proposed that from now the sale of…
Pune: Finally the Pune Municipal Corporation has given a nod to the 6% proposed hike in the property taxes. Previously the hike proposed was 8% which then came down to 6% as an outcome of the discussions held with authoritative…
Pune: Remember those blue coloured boards that spread awareness on the preservation of environment and proper use of water and electricity. Well we never know till what extent that affects the conscience of the citizens but the Pimpri Chinchwad Municipal…
Ahmedabad: In accordance to the proposal sent out by the Ahmedabad Municipal Corporation (AMC), property tax is likely to be doubled for the coming fiscal year. The revision in property tax rates is expected to become functional in 2013. The…
Pune: Pleasant news of relief for the builders, the PMC (Pune Municipal Corporation) is going to give clearances for the projects faster this year. The developers seeking the clearances of their building plan will now get it quicker than usual.Last…
Piramal Enterprises is a massive multinational business conglomerate that works in 3 continents of the world. The real estate private equity part of this firm, Indiareit Fund Advisors is planning to invest Rs 250 crore in India in the coming…
In a yet another plan to guard the buyers from any realty harm, Maharashtra government has introduced newer and stringent laws. Opposition (mainly builders) however remains sceptic for the new proposals and questions the need for them. The point that…
