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economy
Chandigarh residents’ association prepares to save sector 29 houses

File photoCHANDIGARH: Two important public issues will come up for discussion in the annual general house meeting of Crawfed (Chandigarh Residents’ Associations Welfare Federation) on January 20. One is about the demolition notices that the Chandigarh housing board (CHB) has issued in Sector 29 and another is about representation for resident welfare associations on the…

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economy
Special camps in Nagpur for property tax collection from January 16 to 22

NAGPUR: The Nagpur Municipal Corporation (NMC) Dharampeth Zone has organized special camps for collection of property tax between January 16 and 22. The drive is aimed to reach upto taxpayers as well as increase in revenue from property tax.Assistant commissioner of NMC Dharampeth Zone Mahesh Moroney said special camps will be organized between 8.30am and…

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economy
Pimpri Chinchwad civic body proposes town planning schemes for 12 villages

PIMPRI CHINCHWAD: The civic body has proposed the development of 18 town planning (TP) schemes in 12 villages within its limits.Pimpri Chinchwad mayor Rahul Jadhav said the company appointed to prepare the detailed project report (DPR) made a presentation before the civic officials in Chinchwad on Thursday.The Pimpri Chinchwad Municipal Corporation (PCMC) has proposed the…

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economy
Unsold residential inventory hits two-year low on ready properties’ sales traction

MUMBAI: An uptick in the traction of ready-to-move-in and nearing-completion properties has led to residential inventory overhang across India’s top 7 property markets dipping to a 2-year-low.Unsold inventory declined by nearly 7% from a year ago to 6.73 lakh units as on December end from 7.26 lakh units in December 2017 and 14% from 7.90…

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economy
Tata Retail arm acquires five floors of office space at Lodha Wadala project

MUMBAI: In the first large commercial real estate transaction of this year, Tata Group’s retail arm Trent Ltd has acquired 5 floors of office space at Lodha Developers’ recently completed office building Lodha Excelus at New Cuffe Parade in Central Mumbai.Of the 5 floors, Trent has bought 4 floors on an outright basis, while one…

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economy
Lavasa homebuyers write to Maharashtra CM about their concerns

PUNE: Over 1,000 people buying homes from Lavasa Corporation Limited have expressed their concern over the possible takeover of the project against the backdrop of the corporate insolvency resolution process against it.In a letter to the Resolution Professional (RP) and chief minister Devendra Fadnavis last week, they requested to consider the house owners’ interest as…

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