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In Redevelopment : Developer MOU and what it should contain

The procedure of appointment of the developer is initiated only after a tender or quotation or proposal, as the case may be, is accepted by the general body. Subsequently, a cooperative housing society with its members should execute a Memorandum of Understanding (MoU) with the developer. It is necessary to do this in order to ensure that a high level of confidence is imbued in...

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Vadodara : Upcoming projects brace New Alkapuri’s growth

If you are looking to invest in a property in Vadodara, New Alkapuri could be the end of your search. The location, developing 6-km from Alkapuri, hosts more than a dozen new residential projects at various stages of construction. While most of the projects are nearing completion, a few are still under-construction. “The locality is almost 30 per cent occupied. Majority of the projects are...

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Ahmedabad: Top 3 localities for best returns

Navrangpura Did you buy your house for Rs 50 lakh last year? It is time for you to cheer because the same house is worth Rs 57 lakh today. Magicbricks’ trends indicate a price shift from Rs 5,000 per sq ft in 2013 to Rs 5,700 per sq ft in 2014. Flats on sale can cost you between Rs 40-60 lakh for a 2BHK unit....

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Environment, development exist together:Mr. Javadekar

Union minister for environment and information & broadcasting Prakash Javadekar on Thursday said the new government believed in coexistence of environment and development, and not in “environment versus development”. Addressing a press conference in Mumbai on Thursday, the minister said the proposals for a coastal road and a bridge across Mithi river in the city will be taken up on a priority by his ministry....

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