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CommonFloor Editorial Team

Real estate in Bangalore

Land registration in Bangalore to spike as guidance value rise

In a move to create a stir, the Karnataka State Government has revised the guidance value for registration of properties that will come into effect from August 2013. The new guidance value is proposed to introduce with the revised state budget for the year. According to market news, by putting into effect the revised guidance […]

CommonFloor Editorial Team

Luxury project by Prestige

Luxury housing trend on a hike

The real estate developers in India seem to have attained a shared understanding that ‘€˜luxury is profitable’ and in today’s competitive world, the term has been so overused and abused that it has lost its significance. In the past 3-5 years, the luxury residential projects in India have been witnessing an increasing demand by homebuyers […]

CommonFloor Editorial Team

RBI’s liquidity tightening to prop up rupee: Realty firms to feel the pressure

In a move to arrest the weakening rupee, the RBI’s liquidity tightening has hit the trading volumes in the realty sector, which is already troubled with sluggish sales. To add to it, this has further contributed to turn the loans of the sector into stalemate assets (non-performing assets) for the banks. According to the latest […]

CommonFloor Editorial Team

BBMP imposes waste segregation

BBMP has recently garnered all the attention by proposing strict imprisonment for people who have failed repeatedly for five times to segregate wet and dry waste at their domestic establishments. The penalty would include a jail imprisonment for three months or a fine of Rs 1000 or both in some cases. Waste is generated on […]

CommonFloor Editorial Team

MCG aims to avoid dumping of construction waste in city

Members of a citizens’€™ group in Gurgaon, named Malba Hatao, had a meeting with the municipal commissioner P C Meena to discuss about how to reduce construction waste and debris in the city. The members said that, the municipal commissioner has promised to earmark a site wherein a construction waste recycling plant can be set […]

CommonFloor Editorial Team

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