News
Chennai’s Iconic Landmarks Make Way For Luxury Housing
The Dasaprakash Hotel, AVM Studios, the Atlantic, these are all iconic structures that have defined Chennai for decades. But now, it is time to say goodbye as their owners actively scout for opportunities to sell these buildings. Why? Many of these once famous commercial establishments are today struggling to cope with losses. They simply cannot
5 Reasons Why Bengaluru’s New Property Tax System Is In Chaos
Bengaluru’s property taxes were hiked for the first time in 8 years recently. Property taxes rose by 20% to 25%, while guidance values were increased and tax zones reshuffled. But for Bangaloreans, what’s more irritating is the number of bugs that is making paying these taxes a rough affair. We list the top 5 grievances
3 Reasons Why The 100% Tax Waiver Won’t Help Affordable Housing
The recent Union budget saw the government giving 100% tax exemption to developers building small flats within a specific size in metros and non-metros. This is a move that the government hopes will encourage developers to build smaller, more affordable homes. While it is a strong incentive, real estate experts and activists say there are
10 Ways India Plans To Tackle Its Garbage Crisis
India currently generates about 62 million tonnes of solid waste annually and only about 30% or 12 million tonnes gets treated; another 31 million tonnes ends up in landfills that are already over capacity, while 19 million tonnes are left to rot where they have been thrown. And what’s worse, India’s solid waste output is