Cities
Brihanmumbai Municipal Corporation (BMC) has been directed by the Supreme Court to clear down six illegal buildings at Worli Naka. The six buildings have occupants who have moved into the units twenty five years back. The illegal buildings which include Esha Ekta, Patel, Orchid, BY, Midtown, and Shubh had been constructed by four seperate developers [...] Continue Reading »
DLF phase IV residents have come together against an illegal under-construction, seven-floor traffic police building in their area, which was originally kept for a police post. This building which is situated at the corner close to the 18 meter road is constructed by the Gurgaon Police. It is said that the Residents Welfare Association raised [...] Continue Reading »
Mumbai- With the Finance Bill 2013 improving the distance and population criteria for determining agricultural land as a capital asset without levying any capital gains tax, land transactions around smaller towns are expected to increase. This move has eased norms for realtors and corporates looking to buy plots around small towns and cities now. A [...] Continue Reading »
Vijayawada – Vijayawada Municipal Corporation is planning to increase water tax in the city due to overburden of power surcharge. On a regular basis, around Rs 20 crore is being spent towards supplying drinking water in the city. As of now, the revenue being collected through water tax is around Rs 8 crore. Now the [...] Continue Reading »
Hyderabad – Shathabdhi Township brings a unique opportunity “Magadha” to own a piece of land in one of the most popular location of Hyderabad. Magadha offers premium residential plots near Shamsabad. The size of these residential plots vary between 1350 sq ft to 2700 sq ft with initial price of Rs 4.5 lakhs. The project [...] Continue Reading »
BBMP plans to take over a major part of land from the farmers of Karenhalli, 35 kms away from Bangalore in Ramangaram district, to set up a solid waste management plant. In return, they plan to give the farmers only a Transferable Development Right (TDR) certificate. As there is a likeliness that there might be a [...] Continue Reading »
Bangalore Metro Rail Corp. Ltd (BMRCL) has finalized its plans to build an office complex in the two acres of their land along SV Road. Although this land was recently put up for a bid, there were not many taker and the ones who bid were scrapped by BMRCL If sources are to be believed, [...] Continue Reading »
New Delhi- Real estate prices in Delhi are highest in the world, especially for the structures built a century ago during the British rule. Despite the fact that the bungalows seem to be fading away with chipping paint, moldy areas, water-stained ceilings and walls, along with lack of modern amenities, these are being sold at [...] Continue Reading »
As a new tax collection strategy the South Municipal corporation Property Tax department recently announced its employee incentive scheme. This new scheme directs at refining the employee work culture within the property tax department and to motivate them to perform better and meet desired targets. According to the incentive scheme, the zone will be eligible [...] Continue Reading »
Coimbatore – With the financial year nearing; civic bodies all over India are coming up with new strategies to collect property tax dues. One such scenario made news in Coimbatore, where the Coimbatore Corporation is sending reminders through the India Post’s ePost service. Last month, Coimbatore Corporation sent around 5,000 mails through ePost. The civic body [...] Continue Reading »
