Cities
Pune- The cleaning of Katraj lake is on full swing. To recycle the water and increase the level of oxygen the civic body has installed four aerators. The Pune Municipal Corporation (PMC) had arranged for extra manpower and machinery to remove the dead fish and prevent mosquito breeding in the lake. The civic body commenced the [...] Continue Reading »
New Delhi- Recently the Delhi Development Authority (DDA) was asked to pay the property tax for the year 2012-2013 by the civic agency followed by the South Municipal Corporation. The property tax was to be paid by the DDA for using parks and grounds in East Delhi for various events like marriages, functions and ceremonies. Although the parks and the [...] Continue Reading »
Chandigarh- The issue of imposing property tax on the residential properties in Chandigarh has created a rift between the officials and public representatives due to the pressure from the UT administration and the government. However, this issue has been dragged along as the mayor refused to form the agenda based on the issue regarding the detailed [...] Continue Reading »
It is found that many developers in National Capital Region (NCR) and Mumbai have cut down property prices by around 15 percent, as demand and rent more or less remains the same. However, in a few parts of Mumbai, there was nearly 0. 8% improvement in rent, signifying some demand. Due to weak demand, a [...] Continue Reading »
Delhi-NCR- A recent report by property consultancy firm, Knight Frank India stated that Delhi-NCR and Mumbai have once again topped in terms of investment when compared to other cities. Areas like Ulwe, Wadala, Chembur in Mumbai and Noida Extension and Dwarka Expressway will witness an increased appreciation in the coming five years based on the capital [...] Continue Reading »
Mumbai- The Brihanmumbai Municipal Corporation (BMC) has decided to give new permits for rooftop eateries to hotels as the concept of rooftop eateries is growing. According to the new policy, the hotels which are planning to have a rooftop eating space need to follow two requirements. The first is that the terrace should be a part [...] Continue Reading »
Nagpur- The civic bodies make announcement about offering service to people and increasing revenue but they have turned a blind eye to irregularities happening in the department of property tax. It’s known that mutation of property tax in Nagpur Municipal Corporation (NMC)’s property tax records can be seldom completed by following official process. However, the [...] Continue Reading »
Mumbai- Some of the shop owners of New Mayuresh Darshan Housing Society have filed a case against the illegal construction of a cellphone tower in Kalyan Housing Society alleging it can cause health problems for the public. But the Kalyan civil court rejected the stay order. Reacting to the judgement, Rajan S Mathews, director general, [...] Continue Reading »
Bangalore- Portman Holdings is all set to invest around 65 crore and 83 crore in Promont, a Bangalore project of Tata Housing which is the real estate arm of Tata Group. Portman has picked about 26 to 30 percent stake in the high-end residential project, whose equity valuation is 250 crore. The firm has investments [...] Continue Reading »
Raipur- Public Works Department (PWD) Minister Brijmohan Agrawal visited four wards of the Raipur Municipal Corporation on the third day of Nagar Suraj Abhiyan. After performing bhumi puja, the Minister promised developmental works worth Rs 5.9 crore to the people of the ward. The minister also paid visits to Maulana Abdul Rauf ward, Pt Motilal [...] Continue Reading »
