Property Tax
Realty developers are endeavoring more further support, in addition to the measures proclaimed, including the Rs 25,000-crore trial fund for fulfillment of abandoned and stuck housing projects, from the government to expand the requirement for housing and reducing liquidity pressure. Developers have stretched out to finance Minister Nirmala Sitharaman with approaches such as providing them adaptability on imposing GST [...] Continue Reading »
AHMEDABAD: The Gujarat high court on Friday directed the Centre, the Airports Authority of India (AAI), and the Surat Municipal Corporation (SMC) to catch the ultimate judgment on what they should do about unauthorized constructions that are near the Surat airport. The HC has rapped the authorities for being “insensitive towards such a serious issue”. The airport handles 260 flights [...] Continue Reading »
CHANDIGARH: In an attempt to expand enduring businesses in the state, Punjab has determined to ‘liberalize’ its enduring municipal building bylaws by contributing recreations that would execute the bylaws for both commercial and domestic buildings at par with another state. After due examination, it was believed that the existing building bylaws in the state are a little harsh [...] Continue Reading »
KOCHI: Kochi Corporation had served a draft bylaw for assuring the individual requirement of building ruins in 2016. Though the city has experienced construction growth, the local body is however to execute it. The draft bylaw was assumed to be relevant to all materials employed for the construction of buildings and other structures. The bylaw addresses it [...] Continue Reading »
The Ghaziabad district administration has come up with malicious use of evading stamp duty in the buy and sale of residential land in urban villages or those with high potential of development in the district by paying lower circle rates set for agricultural land. On Friday, District Magistrate Ajay Shankar Pandey said that following the uncovering of this tricky method, the [...] Continue Reading »
NASHIK: MahaRERA will now permit particularly skillful labor at construction sites to assure quality construction and further restrict accidents. The laborers also hold to advantage from insurance coverage for their family affiliates. The MahaRERA has previously begun incorporating laborers organizations on its locality and also assuring the workers do not miss their payments for the day. “Providing [...] Continue Reading »
The govt is making a draft model Land Title Act, 2019 which will pave the way for conclusive land titles as against assumptive ones at present. Apart from that, the govt is also working on a unified legal framework that will give for state-guaranteed land ownership. As per the sources, the government is interested to [...] Continue Reading »
Punjab government to offer 10% rebate for property tax defaulters LUDHIANA: The state government’s recommended movement to endeavor a 10% rebate on those who have defaulted on paying property tax is creating heartburn amongst those who paid the tax on time. Punjab local bodies minister Brahm Mohindra is assumed to publish the rebate shortly. Taxpayers are of [...] Continue Reading »
NASHIK: Municipal commissioner Radhakrishna Game has directed the property tax department to proceed to issue permits against 439 property tax defaulters, who have exceptional dues of higher than Rs 50,000. The directions were provided by the Game through an up-to-date report meeting endured with the department concerned. Executives of the Nashik Municipal Corporation (NMC) [...] Continue Reading »
NEW DELHI: A bill that endeavors to implement and provide a legal framework to impart ownership rights to those residing in unauthorized localities in Delhi was included in the Lok Sabha on Tuesday. Urban Affairs Minister and Union Housing Hardeep Singh Puri presented the National Capital. The territory of Delhi (Recognition of Property Rights of Tenants in Unapproved [...] Continue Reading »
