Devakumar

According to recent survey, it is found that the IT parks in Bangalore are not paying property tax properly.

BBMP has found that every year, these buildings altogether had been paying less amount than the actual tax amount.

Hi Devakumar, DMRC will construct the Moolampilly-Chathanad four-lane road.

Hi Deva, the different taxes collected by the govt. are used as funds for the projects.

The government is planning to set up an escrow account for the distribution of funds among the builders.

The government wants to make sure that the funds collected for affordable housing scheme will not be used by any other projects.

The residents staying in the surrounding apartments have therefore requested the municipal authorities to clear these kiosks and pave way for parking slots which would serve better purpose for the citizens.

What is the reason that the kiosks were not allotted?

Even the officials are surprised as who sought permission for cutting of trees. These trees were to be pruned in winter rather than summer.

The residents of South Delhi also are surprised as the cutting of trees was to happen in winter which is going on now in summer.

These encroaches are seen especially in the surroundings of high-rise apartments in the NCR locality.

We the residents have complained repeatedly about the encroachments but still now no action has been taken by the development authority.

Hi, this comes as a shocking news wherein a small girl who was playing in the balcony with her mother fell down to death with the huge gaps in the balcony railings from 4th floor.

Is it because of the poor quality of construction?

Hi Deva it actually happened like this- A landlord has rented his property to a tenant. His sons returned from America due to recession and wanted to settle down here and were in need of the tenented property, but the tenant refused to vacate. Later court gave judgment in favour of the land-owner making the tenant to leave.

Hi Dev, 3 new projects have been planned by Ecnon. For this it is investing 750 Crores.

GK-II residents’ welfare association has filed a PIL against the opening of Savitri Cinema complex because of lack of parking space and more over the developer has sold some of the parking lots to nearby shops and offices.

I heard that the developers is not following safety norms around the complex. May be for this reason the RWA has filed a PIL against the opening of Savitri Cinema complex.

The Private equity firms mainly depend on the small investors for raising their funds. Some private equity firms invest amount less than Rs 20 lakhs per investment ticket for an equity share.

Hi Dev, Srikul MLAs are concerned about the transparency of the investments and they assure to maintain the quality of the welfare programmes for the sake of the civilization of the area. And the government of Manipur is also encouraging the development works for the locality.

Vasant Kunj is one of the posh area in Delhi but it has become nightmare of the people because the roads are full of potholes. The titles which were supposed to be put in place are lying on the footpath.

Hi Dev, they have planned to sell the commercial land in Connaught Place, New Delhi to clear their debts. Click here to read more about this- Parsvnath developer planned to sell land to reduce debt .

The residents of Janakpuri and Vikaspuri are facing problems like poor drainage system, low water supply and many other issues. Even the parks are not being maintained properly by the MCD.

Playgrounds are there in east Delhi but it has space for not more than 5 children to play. Residents welfare association have lodged many complaints to construct a play area in all the localities and the Delhi Development Authority has promised to take the matter seriously.

Good news for the citizens of Delhi, now they can claim compensation for the theft of vehicle from the management of parking lot.

To get more details about the compensation given for the car parking theft, you can click here Claim compensation for car theft.

The reason is that the residents of Delhi do not need any valid reason to cast their vote in the upcoming municipal elections. Till now their demands have not been fulfilled.

No still now the Municipal Corporation of Delhi has not done anything to solve the civic issues in the city.

Today the main concern for the real estate builders are the crisis in cash inflow. Hence Mahindra has taken right decision for providing low budget apartments. As it will increase the cash inflow for them. Hence the debt ration for them will be less. That will be best for them

What are key facts about Glaucoma?

The fact is that this is one of the leading cause of blindness, there is no cure for this diseases, from babies to older people everyone is at risk and finally there are no symptoms of Glaucoma.

Amrapali is going to launch two new projects in Noida. You can get more information at http://www.commonfloor.com/stories/real-estate-projects-in-noida-15177 about these projects.

It is suspected that black money and funding terror by the industrialists and businessmen which is ruling out the Indian real estate industry.

That is the area where the entire real estate industry is eying at. The real estate industry is running in a very bad shape and expecting some good approach by the Budget, so that the foreign investment will happen and the industry again boost up. To know more on the market situation you can go through http://www.commonfloor.com/stories/real-estate-industry-looking-forward-to-budget-2012-15034

I heard that the land was meant to construct a recreation centre but the residents are claiming that the MCD is planning to construction a new office in that land.

Yes you are right Devakumar. It is so difficult to understand whether the parking belongs to BBMP or it is an illegal one. The parking ticket doesnot provide any valid details like serial number, date, seal stamp, amount, entry or exit time.