Archive for December, 2011

Workshop on RERA implication organized by MCHI Navi Mumbai unit

December 3, 2011

Navi Mumbai: Navi Mumbai Unit of Maharashtra Chamber of Housing Industry (MCHI) has organized a workshop on ‘Real Estate Regulatory Authority’ at Vashi. The former president of MCHI Sunil Mantri has clarified the bill categorically states, “No promoter shall develop any immovable property or make any construction without registering the real estate project and obtaining [...]

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MCD sealed 28 unauthorized properties in Delhi

December 3, 2011

Delhi/NCR Recently the Municipal Corporation of Delhi (MCD) has demolished and sealed approx 28 unauthorized constructions in the south zone of capital, with this robust move of MCD areas affected such as Rohini zone, Civil Lines zone and Sadar Paharganj zone. Also there are several other areas which has been affected by MCD actions like [...]

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Cash from the cradle

December 3, 2011

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PCMC property tax proposal rejected by Panel

December 2, 2011

Pune In this week the standing committee of the Pimpri Chinchwad Municipal Corporation (PCMC) has rejected a proposal which has been proposed by the administration to hike property tax by 4%. According to the Chairperson of the committee said that “the property tax for the forthcoming year should be the same as the contemporary tax. [...]

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Sharp rise in property rates in Thane

December 2, 2011

Thane: Over the past year Thane property market has witnessed of sharp rise in property prices as well as rising mortgage rate, due to these consequences property deals and commercial space has taken a plunge. According to the fresh real estate market reports comparatively with the current years units sold 16775 however in 2010 24,601units [...]

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Not just hot air

December 2, 2011

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Building 5,500 housing plan revived by PCNTDA

December 1, 2011

By Accommodation Times (www.accommodationtimes.com) Pune The Pimpri Chinchwad New Township Development Authority (PCNTDA) has proposed the plan to construct approx 5,500 houses has been revived. The proposed plan has been allotted to the several categories of income group in the current year. Earlier authority was executing project spread over the 53 hectares in Sector 12with [...]

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NRI’s looking to invest in Indian real estate market

December 1, 2011

By Accommodation Times (www.accommodationtimes.com) Owning a home in India is no longer a dream for Non Residential Indian. As homebuyers always looking for serenity and particularly in hometown countryside or in a bustling business centre, investing in an apartment is now making business sense to a large number of Non-Resident Indians (NRIs). However, far from [...]

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Miami breeze

December 1, 2011

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