According to the National Housing Bank‘s Residex index, the cost of houses and apartments in Chennai are rising sharply. The index for the city raised by 39.5 per cent in the last quarter of 2011-12 compared to the same period last year. This is recorded as the highest jump in residex index for any city [...]
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Residex index of property market for different cities in India
Monday, May 28th, 2012DLF Brands to invest on multi-brand stores
Monday, May 28th, 2012DLF Brands has announced the launch of its first multi-brand retail venture AVE.NEU and plans to open 25 outlets across India at an investment of up to Rs 125 crore in the next three years. The retail stores will be opened in cities like Mumbai, Pune, Chandigarh, Surat and Lucknow. According to the planning 10 [...]
Property fair in Goa will attract buyers
Monday, May 28th, 2012A two-day property show is arranged by Vihan Events at Clube Gaspar Dias in Miramar. Over 100 real-estate properties in Goa spread across the city will be presented by fourteen builders in the fair. Properties from Panaji, Pilerne, Margao, Siolim, Vasco, Mapusa, Dona Paula, and Canacona will be displayed in the property fair. Some of the [...]
Illegal commercialization of Residential areas in Koramangala
Monday, May 21st, 2012Four months before the Karnataka High court has asked to stop using the residential areas as commercial places. The implementation of the verdict became a big challenge for the authority. It is being noticed that the residential properties in Bangalore are converted to bookshops, restaurants and coffee joints. Many of these shops are operating without [...]
Water supply running dry in Whitefield
Thursday, March 29th, 2012The Whitefield residents are blaming BWSSB for improper supply of water. Every morning the residents have got used to see the taps running dry waiting all the way long for BWSSB to supply water. It is strange that the Bangalore water board does not have regular or specific water supply timings. During past two months [...]
Water crisis hovers over metros
Thursday, February 23rd, 2012There is nothing new when we hear water level is lowering due to depleting ozone layer and other environmental constraints. Due to high population, metros like Delhi and Mumbai have been facing with major water crisis and constraints in environment. The topmost reason being the increase in population in all major cities. According to a [...]
New Delhi: Property tax bills will be sent home
Thursday, February 9th, 2012At present out of 30 lakh properties in Delhi only about 15 lakh properties are paying property tax. To make over this big difference the councilors have suggested Municipal Corporation of Delhi (MCD) to start sending the property bill to households just like electricity, water and phone bills. Since the property tax payers have shown [...]
BWSSB advertisements frighten residents!
Monday, December 19th, 2011Gone are the days when colourful advertisements used to attract consumers. This holds true with Bangalore Water Supply and Sewerage Board’s (BWSSB) advertisement about rain water harvesting. December 31 has been set the target date for installing rainwater harvesting structures in the housing complexes. For this, many advertisements have been put up by BWSSB which [...]
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