Latest Realty News

Builders-struggle-to-sell-houses-in-Surat
Aug 06, 2015
SURAT: There is a supply overhang of houses in the Diamond City with around three lakh flats lying vacant for a couple of years now.
Religious structures built on public land may be shifted
Sep 01, 2014
Surat Municipal Corporation (SMC) has identified 450 religious structures that exist on public land in the city, and of these only 60 have some history. The rest have been built in the past two decades and would be treated as encroachments
Surat Diamond Bourse effect: Property prices head northwards
May 22, 2014
SURAT: The prices of properties in Vesu, Dumas, Bhimpore and Piplod are witnessing a sudden boom ever since an announcement was made recently by some diamantaires about their plan to set up operations of Surat Diamond Bourse (SDB) on Dumas Road in the city.
SMC crosses Rs 500 crore mark in property tax collection
Mar 29, 2014
SURAT: For the first time in its history Surat Municipal Corporation (SMC) will collect Rs 500 crore and more from property tax this year ending 2013-14. Against the demand of 607.54 crore, it has already recovered Rs 504.68 crore as property tax till date and is likely to touch the figure of Rs 525 crore by 31 March, 2014.
Wind power project: Panel clears urban poor housing proposal
Jan 27, 2014
SURAT: At a time when Surat Municipal Corporation's(SMC) own electricity bill is likely to cross Rs 100 crore per anum , the ruling class of the city has decided to deliberate and discuss , the proposal of setting up a Rs 47 crore windpower plant to generate own power.
Illegal constructions of eight properties demolished
Dec 09, 2013
SURAT: As a first part of the mega Demolition drive under taken by Surat Municipal Corporation (SMC) , illegally constructed portions of eight properties were demolished in Central zone area of the city. In all 69,00 sq meters of illegally constructed top floors of properties were demolished with the help of 150 strong staff and machines.

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