Posts Tagged ‘ new constructions ’

The Municipal Administration and Urban Development (MAUD) on approval with the stamps and registration departments are planning a proposal to scrap the one percent mortgage fee levied on builders undertaking new projects. As per the current norm, 10 percent of the built up area has to be kept as mortgage with the municipal body...

The GHMC has introduced a new scheme called “Green Channel” on 18th of October last year, in which the building applications with clear documents are given quick permissions. This measure was taken in order to curb corruption among the official of GHMC. As per this scheme, if an employee fails to give permissions to...

The Director General of Investigations wing of Competition Commission of India (CCI), suggested that serious regulations should be made in the real estate sector to safeguard the interests of consumer. The giants in real estate business are coming up with discriminatory clauses in the agreements of the apartments. The DG of investigations wing had...

The changing lifestyle of younger generation, middle and upper middle class people of Hyderabad and their increased focus on value proposition rather than just price has boosted the growth of the mall culture in our city. The growth of the malls in Hyderabad is owed to their service and appeal. Moreover, they have something...