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Flat dwellers facing water shortage in Kerala

Flat dwellers facing water shortage in Kerala
While realty is growing in Kerala, especially in cities like Kochi, drinking water supply in flats have remained irregular for months. Occupants of newly-built flats in Kalamassery, Thrikkakara, and Kakkanad are facing water shortage forcing them to buy water sold through tanker Lorries. Since they cannot get access to water supply, flat dwellers have to [...] Continue Reading »

Bombay HC rejects plea against property tax notice

Bombay HC rejects plea against property tax notice
The Bombay High Court has refused to entertain a petition filed by SGS Infratech Ltd challenging the propriety of notice issued by Chief Executive Officer of Pune Cantonment Board. The notice demanded property tax from April 1991 to March 2012 in respect of its property on the defence land.The bench stated that the petition is [...] Continue Reading »

BJP protests against house tax hike in Allahabad

BJP protests against house tax hike in Allahabad
The state government’s decision to hike house tax in Allahabad has not gone down well with the residents and now opposition Bharatiya Janata Party (BJP) workers have started protesting against the hike in house tax. The BJP protested against state urban development ministry and stated that the government has cheated the people of Allahabad by [...] Continue Reading »

Property prices skyrocketing in Mumbai

Property prices skyrocketing in Mumbai
At a time when the real estate sector is going through a lean phase and the inventory level of Mumbai is going up propelled by a dip in sales, the traditional upmarket residential enclaves of south Mumbai – are skyrocketing. The city’s plush Nepean Sea Road area sold for a boggling Rs 1.20 lakh a [...] Continue Reading »

Revised VLT disappoints Visakhapatnam residents

Revised VLT disappoints Visakhapatnam residents
The recent revision in vacant land tax (VLT) has disappointed many owners of vacant sites and plots in the city of Visakhapatnam. The Greater Visakhapatnam Municipal Corporation (GVMC) officials claim that the decision has been taken to check defaulters of tax arrears as well as to raise revenue. The GVMC is collecting arrears of VLT [...] Continue Reading »

Commercial tax likely to be increased in Chandigarh

Commercial tax likely to be increased in Chandigarh
The tax on commercial property in Chandigarh may be increased in near future. The issue is to be taken up at the meeting of the House Tax committee to be held in the coming days and the extent of the increase would be decided after a discussion at the meeting. Property tax on commercial property [...] Continue Reading »

Property tax collection to be restarted in Kolkata

Property tax collection to be restarted in Kolkata
Property tax collection in Salt Lake is set to be restarted. The Trinamool led Bidhannagar municipality had started tax collection on March this year after several years but collection again had to be withheld after a section of residents complained of some miscalculations in many of the tax bills dispatched. Many residents started complaining that [...] Continue Reading »

NMC to send insurance details to property tax payers

NMC to send insurance details to property tax payers
The Nagpur Municipal Corporation (NMC) has now decided to send a leaflet along with the property taxbills, highlighting the insurance scheme it has paid for. Meanwhile, the proposal to pay Rs8.83 lakh to the private agency appointed for the insurance scheme has been approved. Recently it has been highlighted in print media that NMC has [...] Continue Reading »

SDMC to shame tax defaulters in Delhi

SDMC to shame tax defaulters in Delhi
The South Delhi Municipal Corporation (SDMC) has decided to literally wake up the tax defaulters to make them pay their taxes. The property tax defaulters of South and some parts of West Delhi soon might be surprised to hear drum beats (dhols) outside their homes. Unable to make several property owners pay the tax in [...] Continue Reading »

HUDA sectors attracting buyers, lacking in basic amenities

HUDA sectors attracting buyers, lacking in basic amenities
The new Haryana Urban Development Authority (HUDA) sectors near the KMP (Kundli-Manesar-Palwal) Expressway are yet to take months to have even the basic civic amenities. However, several residential projects are coming up in the area, with people already started to shift or waiting to shift in their dream homes. Of the apartments, Tulip Ace on [...] Continue Reading »



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