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CommonFloor Editorial Team

afford

Affordable housing!

As per recent findings, a population of around 19 million have been left homeless within Indian cities due to the rapid urbanization along with the ever increasing migration of people from rural to urban areas. The Government is providing encouragement to the development of affordable housing projects by taking steps such as allowing the RBI […]

CommonFloor Editorial Team

Tax

PMC to check 50,000 residential properties for commercial use

Pune civic administration has planned to screen about 50,000 of residential properties in the city, to analyse its commercial use. The move is expected to increase the property tax revenue by about Rs. 50 crores. Additional commissioner of Pune Municipal Corporation (PMC) informed that the drive would commence from mid-November and is expected to continue […]

CommonFloor Editorial Team

Perambur – Realty update October 2013

Overview: The locality of Perambur is situated within the northern region of Chennai. Perambur is one of the earliest British settlements within Chennai. St.Joseph’s Syro-Malabar church is one of the most prominent landmarks of the area. The neighbourhood is considered as a hub possessing the perfect blend of both residential and commercial real estate.   Connectivity: […]

CommonFloor Editorial Team

Land Acquisition – An advantage

With the proposition of the Land Acquisition Bill, there are growing concerns among realtors about rising costs and increasing acquisition time. However, two financial institutions have countered the real estate sector’s concerns. Their assessment back up the government’s view that the industry’s concerns may be overstated.   According to financial institutions: ICICI Bank’s Treasury Research […]

CommonFloor Editorial Team

PMC struggles to handle trash crisis

With the city’s largest garbage processing plant at Uruli Devachi depot being under up-gradation, garbage is mounting up in the city in a fast pace. Post the Ganapati festival, the generation of wastes has increased to more than about 1,600 tonnes, out of which only 1000 metric tonne is being lifted. The garbage collection system […]

CommonFloor Editorial Team

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