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Chennai corp adopts new method for property tax collection

Chennai corp adopts new method for property tax collection
Chennai – If you are there in tax defaulters’ list, then very soon a town crier may enter your locality and announce the whole world about your tax secrets. Traditionally town crier or bellman were the chief means of news communication. They were employed to make public pronouncements as required by the court and also [...] Continue Reading »

BMC to extend deadlines for inviting suggestions on ELU maps

BMC to extend deadlines for inviting suggestions on ELU maps
Brihanmumbai Municipal Corporation (BMC) has for the third time extended the deadline for getting objections and suggestions from the citizens for the existing land use (ELU) maps. Since January 24, deadlines have been shifted twice. Now it has been extended for another month. BMC had got around 3,000 responses on the last day of giving [...] Continue Reading »

Home loan tax deduction restrictive for home buyers: Budget 2013

Home loan tax deduction restrictive for home buyers: Budget 2013
With release of Union Budget 2013, the Finance Minister has proposed to offer deduction in tax on home loans to first time home buyers. This initiative has brought some cheer for the home buyers as there was no significant tax reliefs in the past. One can claim the deduction at tax only if your loan amount is [...] Continue Reading »

Pune metro project gets Rs 10 crore budget

Pune metro project gets Rs 10 crore budget
Pune metro rail project has finally got a budget of Rs 10 crore in the Union Budget which was announced recently. The long delayed project had proposals from Pune and Pimpri-Chinchwad municipal corporations in association with the Delhi Metro Rail Corporation. Pune metro, for the first time has got listed in this year’s list of projects of the urban [...] Continue Reading »

Flats in Mumbai to cost more with the new Budget: Experts

Flats in Mumbai to cost more with the new Budget: Experts
With the introduction of Union Budget 2013, experts have claimed that the incentives will be of no use for home buyers in Mumbai. The real estate incentives are also claimed to create some problems with the buyers as the flats will cost more due to 1% tax on transfer of properties in Mumbai. To make things [...] Continue Reading »

Flourish Techno launches residential project in Nagarbhavi, Bangalore

Flourish Techno launches residential project in Nagarbhavi, Bangalore
Flourish Techno launches its new residential project ‘Flourish Gurushree’ in Nagarbhavi, Bangalore. Beyond the bricks and concrete, however, there’s something unique to look forward to in Flourish Gurushree, that is the beautifully landscaped gardens, all set amidst green and lake view to relax and unwind. Flourish Gurushree offers 2 and 3 BHK luxurious apartments with sizes ranging [...] Continue Reading »

Commuters likely to pay for entering South Mumbai and western suburbs

Commuters likely to pay for entering South Mumbai and western suburbs
Mumbai-  Now Mumbaikars will have to pay the congestion charges for driving in SoBo areas and the western suburbs as the Mumbai Metropolitan Region Development Authority (MMRDA) has proposed a rule to the state. However, its is expected that state will approve this proposal. Apart from this, the residents in Mumbai city will also have to [...] Continue Reading »

Increased FAR for those who give land for public use

Increased FAR for those who give land for public use
New Delhi- As per the new Master Plan of Delhi, if a part of any property comes in the way of a development project which is carried by Delhi Development Authority, then the DDA will have complete right for land acquisition, but in return, as a part of compensation, the Authority has to give additional [...] Continue Reading »

Housing rebate benefits few

Housing rebate benefits few
Noida housing has got costlier than before. Even the  additional rebate on interest of loans up till Rs 25 lakh for first-time homebuyers will not boost up the real estate market in Noida . Although the value of the land still remains high and demand also increasing day by day. So investing will add a [...] Continue Reading »

Budget 2013 encourages waste-to-energy plants

Budget 2013 encourages waste-to-energy plants
New Delhi- The government of India has made a budgetary provision to promote setting up of waste-to-energy (WTE) plants in this year’s budget. Following the government’s measure on funding WTE plants, a debate has been started whether this was really needed or not. Waste management has become a muddle across many cities of India nowadays. In [...] Continue Reading »



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