Every asset that is subject to governmental regulation is assigned a specific determining range. The same business that generates this unique ID also uses it to locate real estate that has been indexed inside the permitted domain. We refer to it as a conserving range. The term “preserving” refers to the preservation tax that the owner(s) of an asset must pay. The term is added to the range to generate the preserving range, which is used to locate the assets, pay taxes on them, conduct business with them, and obtain information on them.… Read more
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Difference between Kutcha House and Pucca House!
A kutcha home is a temporary dwelling space that is regularly used by the less fortunate segments of society. The majority of the time, kutcha dwellings are visible in rural areas, yet occasionally one may run upon one in towns where people live in temporary structures. The terrible must tolerate temporary buildings because buying a pucca home may be rather expensive.… Read more
Is Investing in Real Estate Profitable in Vijayawada?
Vijayawada is one of the top 5 cities in terms of annualized rate growth in the residential real estate assets market for (ready-to-occupy) homes. This growth is in the range of 8 to 10 percent every year. Vijayawada, often known as the “City of Victory,” is located 257 kilometers from Hyderabad on the banks of the Krishna River. All of the city’s financial sectors, including the commercial and industrial sectors, are now growing at an excessive rate.… Read more
First planned sponge city in Kerala: Kochi
Devastating floods were occurring in an increasing number of urban areas because the old drainage systems could no longer handle the prolonged and unusual rainstorms brought on by weather changes. A “sponge town” version that combines the herbal flood control device with that of the city models was then proposed by several architects for city enhancement. Kochi is currently planning to transform itself into a sponge town that can effectively handle flood events, taking inspiration from this worldwide version.… Read more
About Rajkot International Airport, Gujarat
According to Rajkot District Magistrate, the Hirasar Airport, also known as Rajkot Greenfield International Airport, is anticipated to open in August of this year, providing Prime Minister Narendra Modi’s “Hawai Chappal to Hawai Jahaaz” campaign a major boost.… Read more
Real estate sees pan-India rental demand rising 29% this year!
According to the Magicbricks Rental Index for Q3, 2022, the combined condo demand (searches) increased by a factor of 29 percent year over year, while the average rent across India increased by a factor of 5.2 % zone over the zone. The most significant growth was seen in Bengaluru (7.3%), Mumbai (6.6%), Greater Noida (6.3%), and Hyderabad (5.2%), according to the Pan-India common rents, which increased by 5.2 percentage points QoQ.… Read more
All About Parandur Airport, Chennai
In the Kancheepuram district’s Parandur, not far from Sriperumbudur, will be built Chennai’s second Greenfield airport. The region was decided upon by the Union Minister of State for Civil Aviation, VK Singh, who announced it on Monday in response to a query posed by Kanimozhi NVN Somu of the DMK in the Rajya Sabha.… Read more
All About Chambal Expressway, Atal Pragati Path
A four-lane road that connects the three states of Madhya Pradesh, Uttar Pradesh, and Rajasthan is the projected Chambal Expressway. The Chambal River inspired the name of this toll road because it would follow the river’s course. Initiated in 2017, it gained traction once it was decided that the project will be a part of the Bharatmala Pariyojana (BMP) Phase-other I’s imposing street and roads assignment. The proposed Chambal Expressway, also known as the Atal Pragati Path, would pass through five districts in Madhya Pradesh, Rajasthan, and Uttar Pradesh. It would start from Kota in Rajasthan and travel to Etawah in Uttar Pradesh via the Sheopur and Morena districts of Madhya Pradesh. The cost of the planned motorway is around … Read more