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AP Government yet to relocate hazardous industries

AP Government yet to relocate hazardous industries
Raising the concerns regarding safety of public health, the Andhra Pradesh government has not yet relocated the hazardous industries from Bholakpur in Musheerabad. The AP State Human Rights Commission had directed the authorities to shift the industrial units, particularly those dealing in the animal skin business, plastic and scrap outside city limits after the May [...] Continue Reading »

Delay in KMP Expressway disappoints realtors, entrepreneurs

Delay in KMP Expressway disappoints realtors, entrepreneurs
Owing to liquidity crisis with its developer, DS Construction, Kundli-Manesar-Palwal Expressway (KMPE) has missed several time limits. Its recent deadline has been set to May 2013 by state governments of Haryana and Delhi after resolving the financial level of the developer. The delay in the project has disappointed many entrepreneurs and realtors who were betting [...] Continue Reading »

Jammu & Kashmir residents may have to pay property tax soon: CM

Jammu & Kashmir residents may have to pay property tax soon: CM
With a clear cut approach focusing on the development of social and physical infrastructure, the Jammu & Kashmir Chief Minister, Omar Abdullah, has hinted at revolutionary changes which mean residents of the state may have to pay tax on commercial and residential properties for the first time. Abdullah reportedly told the Planning Commission while briefing [...] Continue Reading »

NMC increases property tax by 25%

NMC increases property tax by 25%
The Nashik Municipal Corporation (NMC) has planned to hike the property taxes for commercial establishments by 25 per cent exempting residential properties from the tax hike. The tax hike will come into action from the next financial year 2013-14. The standing committee chairman Uddhav Nimse cancelled NMC’s proposal to raise house and water taxes for [...] Continue Reading »

Punjab to become the first state to initiate online registration of property

Punjab to become the first state to initiate online registration of property
Punjab is all set to become the first state in the country to start online registration of property and land records. Pilot projects have been undertaken in two districts. The revenue department will soon implement online registration of property and land and Mohali would be the first district in which this project would be implemented [...] Continue Reading »

Sebi stops NGHI from collecting money from investors

Sebi stops NGHI from collecting money from investors
The Securities and Exchange Board of India (Sebi), has banned Jaipur-based NGHI Developers from collecting money from investors and accessing the capital market. It passed orders saying that NGHI Developers India Ltd. shall immediately stop collecting money, directly or indirectly, from investors under the plans or schemes offered by it. It even opposed future launch [...] Continue Reading »

RMC to auction defaulters’ properties

RMC to auction defaulters’ properties
Rajkot Municipal Corporation (RMC) has decided to auction 14 properties of the defaulters in order to strengthen its property tax collection drive. The drive is to be held between July 16 and July 21. The Corporation has so far collected Rs 84.31 crore as property tax which is 28 crore more than the previous year. [...] Continue Reading »

LDA asks builders to get a completion certificate

LDA asks builders to get a completion certificate
The Lucknow Development Authority (LDA) has issued a public notice asking the builders to get a Completion Certificate once they complete the projects. The certificate is important for the builders for it is a proof to the fact that the building is proper for occupancy. Sources say that many builders candidly take completion certificate. In [...] Continue Reading »

Midnight watch started by NMC

Midnight watch started by NMC
The Nagpur Municipal Corporation (NMC) is geared up to check the tendency among citizens to dump garbage at places other than the designated spots and to end this night patrolling has been started to make sure the city remains clean and garbage free. As the new initiative begins, NMC officials have imposed fine on hawkers [...] Continue Reading »

Property prices, power tariffs set to rise

Property prices, power tariffs set to rise
In the wake of rising inflation index, purchasing properties and paying electricity bills are set to become expensive. The electricity bills, especially on commercial establishments, are expecting to rise by around 15 per cent. The DM circle rate is set to witness a rise of 10 per cent to 20 per cent. The new DM [...] Continue Reading »



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