Latest Realty News

BMC to lease out spaces in markets
Oct 31, 2014
Bhubaneswar: The municipal corporation has decided to lease out its share of space to traders and business houses after it failed to sell them
Banks run out of DDA housing scheme forms
Sep 06, 2014
On Friday, Day Five of the DDA mega housing scheme 2014, most of the 13 empanelled banks ran out of application forms, forcing people to queue up at the DDA office here
Patna Municipal Corporation orders demolition of illegal parts of 3 buildings
Sep 05, 2014
The Patna Municipal Corporation (PMC) has decided to demolish illegal parts of three buildings within a month. PMC commissioner Kuldip Narayan pronounced the order on Thursday after hearing vigilance cases against illegal highrise buildings in the city
Building block
Feb 11, 2014
MUMBAI: Over the last two months, Mumbai’s municipal commissioner Sitaram Kunte has sent back file after file because the buildings they propose do not meet a specification for open spaces ruled mandatory by a recent Supreme Court order.
Tax evasion of Rs 137 crore by real estate company detected
Oct 26, 2013
AHMEDABAD: In one of the biggest tax evasion cases in recent times, Income Tax department on Friday detected evasion of Rs 137 crore by a city-based real-estate company, Venus Infrastructure and Developers Pvt Ltd. In surveys at the firm's offices and construction sites, tax sleuths found that the owners, Rajesh Vaswani and Deepak Vaswani, hadn't paid advance taxes in two years.
BDA inks MoU with AMC to replicate success of TP in Bhubaneswar
Aug 07, 2013
BHUBANESWAR: INSPIRED by the success of town planning (TP) in Ahmedabad, the Bhubaneswar Development Authority (BDA), today signed memorandum of understanding (MoU) with Ahmadabad Municipal Corporation (AMC) in the State Secretariat, The MoU has augment­ed BDA to replicate town planning model of Gujarat in peripheral areas of Jagasara.
Twin cities to be made into brands to attract investors
Jul 18, 2013
DELHI: The Uttar Pradesh government is getting ready to organize promotional activities in various states to promote its iconic cities, Noida and Greater Noida, among investors. This was announced by the Uttar Pradesh infrastructure & industrial development commissioner (IIDC), on a visit to Noida.
Re 1 rent for 1,672 square metres in Matunga
May 23, 2013
In 1873, K S Thakkar and four others were given 2,350 square metres of land in Mazgaon for next to nothing. The lease rent was Rs 1.53 a year. The lease expired in 1972, but the collector has not bothered to renew it and meekly collects the rent set 140 years ago
Civic chief backs single window system
Jan 22, 2013
Bhubaneswar: Municipal Commissioner Sanjib Mishra welcomed the single window proposal for clearance of approvals required for constructing a building at the technical session organised by the Confederation of Real Estate Developers Association of India (Credai), Odisha chapter.

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