The RBI (Reserve Bank of India) which slashed its new credit policy after a gap of three years for 2012-2013 has benefited the home buyers to a greater extent followed by 13 hikes in the last year The policy states that the short term lending rate has been reduced to 8 pc from 0.50 pc, [...]
Civic and Governance
Articles and Resources about Civic and Governance
Consumer’s Perspective of the Budget 2012-13
Monday, April 9th, 2012Real estate is one of the fastest growing sectors in India with an average growth of 14% annually. According to the market report the housing sector is growing at an average of 34% annually and the hospitality industry has witnessed a growth of 10-15% last year. With this tremendous growth, Real estate had a lot [...]
How To Form An Apartment Owners Association in Chennai?
Friday, February 10th, 2012Apartment owner association is an authority that protects the rights of the apartment owners, maintains the amenities in the apartment and works for the welfare of the residents of the apartments by conducting events or awareness programs. A person owning an apartment in a society has an undivided interest in facilities and common areas of [...]
Take Over Maintenance from Builder
Tuesday, July 5th, 2011Increasing land cost discourages middle or low income people to own an individual house in a prime locality. The growing apartment culture in cities and increasing property value encourage property buyers to invest in apartment or flats. Every apartment complex has its own apartment owners association or housing society to maintain the apartment and its [...]
Hyderabad Property Tax
Wednesday, April 20th, 2011The Hyderabad property tax rate varies with size and location of property in the city. Property Tax Identification Number (PTIN) is an important Identification Number for making online payment of Hyderabad Property Tax. Online property tax payment has really reduced the burden of standing in long queues and saved time of property owners. The main [...]
How To Make Online Payment of BBMP Property Tax 2011-12
Thursday, April 14th, 2011BBMP started collecting property tax for 2011-12. For property owners paying Property tax for the Year 2011-12 will have to shell out a little extra money in the form of garbage cess. Solid Waste Management Cess or garbage cess is applicable for all Residential Buildings, Commercial Buildings, Industrial Buildings, Hotels, Kalyana Mantapa and Nursing home. [...]
Bangalore Solid Waste Management Cess
Tuesday, April 12th, 2011Bangalore Mahanagara Palike (BBMP) will charge Solid Waste Management Cess along with BBMP property tax 2011-12. Property owners would get a form, along with the self-assessment property tax forms at BBMP revenue offices for Solid Waste Management Cess. The solid waste management cess has to be paid within 60 days from the commencement of the [...]
BBMP Property Tax For The Year 2011-12
Tuesday, April 12th, 2011BBMP started collecting property tax for 2011-12. Good news for property owners is that there is no revision in the property tax rates. The statement comes as great relief to Bangalore property owners, as there were reports in the last few weeks that the Bruhat Bangalore Mahanagara Palike (BBMP) might hike property tax by as [...]
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