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Top real estate articles

  • 10th Jan 19

    Suncity Township May Be First Private Colony To Be Taken Over By Gurgaon Municipal Body

    If a survey team of the Municipal Corporation of Gurgaon (MCG) finds the infrastructure upgrade up to the mark, Sector 54’s Suncity Township could become the first private colony to be taken over by the government body. In a letter written to the MCG, the developer of the township, Essel Group, has said that all deficiencies pertaining to the infrastructure have been fixed. Spread over 141 acre, the township, with 895 plots, is prone to a flood-like situation during the Monsoon.
  • 14th Jan 19

    Pay Damages For Violations Or Face The Music: NGT To Sushant Lok-1 Builder

    Sushant Lok-1, one of the largest privately developed residential colonies in Gurgaon, may be headed towards a “closure”. Citing a January-8 order of the National Green Tribunal, media reports say the developer of the residential colony that houses over 10,000 families may be asked to close Sushant Lok-1 if it fails to compensate for 10 serious environmental violations. The violations include encroachment of green areas, extraction of ground water without required permission, absence of sewage treatment plants and failure of maintenance of facilities.
  • 19th Dec 18

    Metro To Unlock Potential Of Pune's Emerging Real Estate Markets

    It was in 2016 when the Union Cabinet gave a go-ahead for the construction of Phase-I of the Pune Metro. The Metro connectivity that has been instrumental in the growth of real estate in other major cities, including the national capital region, Mumbai, Bengaluru, Kolkata, and Chennai, has worked its magic on Pune's real estate market, too. With the laying of the foundation stone of the Pune Metro’s third line, more real estate pockets are now expected to witness a growth.
  • 20th Dec 18

    Circle Rates Hiked In Gurgaon, For The Third Time This Year

    Circle rate of residential properties in some areas of the Millennium City will double with the Gurugram District Administration hiking the rates for the third time this year, with effect from December 20. Rates were earlier hiked in February and April this year. Areas where collector rates will increase significantly include Dron Vihar, Feroz Gandhi Colony, Virendra Gram, Anand Garden, Chandan Nagar and Bhim Ghar Khedi . Rates have been left unchanged in residential areas where the property is already expensive. These areas include all government-developed sectors and privately built colonies, including DLF.
  • 9th Jan 19

    How To Register Rent Agreement In Bangalore

    Rent agreement is the fundamental document meant to establish a transparent and mutually-responsible relationship between a landlord and a tenant. It sets out the mutually agreed terms and conditions between both the parties and also point out their obligations and responsibilities. In order to register a rent agreement above 11 months duration, you need to get the agreement printed along with the applicable e-stamp and get it registered with the office of Sub-registrar.
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