New Delhi: Real estate developers as well as property consultants are satisfied with the new move of Reserve Bank of India (RBI) to bring down the Statutory Liquidity Ratio (SLR). According to RBI, this initiative would allow the banks to…
Delhi/ NCR: With the shift in the nature of commercial activities, Delhi Development Authority (DDA) is planning to look for an alternative at its own region, local shopping and accessible shopping centers. The authority is thinking to allocate residential spaces…
Paying property tax and water bills is made much easy for the citizens of Mumbai. Municipal Corporation of Greater Mumbai (MCGM) currently launched a new mobile application which allows the users to pay various bills through their mobile phones. The…
According to a recent real estate survey conducted, the property sales have declined across Tier I cities of India. The research showed that sales across Delhi and it neighboring region dropped by 20%, Chennai- 18%, Hyderabad- 13% and Mumbai- 2%.…
The real estate arm of Tata Group, Tata Housing and Kolkata-based real estate firm, Keventer Group had signed a Memorandum of Understanding, earlier this year to mutually discover and work on new opportunities in the rapidly developing West Bengal market.…
Bangalore: According to Bruhat Bengaluru Mahanagara Palike (BBMP), if a residence accommodates 12 or above paying guests then that accommodation will be counted under commercial building and higher taxes will be charged. Even the rent rate may increase, marginally.BBMP council…
With the approval of district administration of 10% hike in circle rate for the residential sector, property rates are likely to go up in Noida and Greater Noida. From 1st August, the new circle rates will be executed. The residential…
According to the globally recognized property service industry, DTZ, office space absorption in Delhi- NCR has gone up by 11% in April- June quarter in comparison to the same period last year. The rise in the absorption is mainly due…
Bangalore: The government of Karnataka has finally decided to streamline its longstanding land reforms regulations. The decision was made with an intention to have significant effect on the industrial development in this state.Recently, the state government submitted The Karnataka Land Reforms…
The Noida Authority is planning to change the usage of Special Economic Zone (SEZ) land of Master Plan 2031, on Noida-Greater Noida Expressway. The authority has asked to put forth any suggestions or objections regarding its decision of changing the…
