Realty News
Last month the residents under Bidhan Nagar Municipality rushed for paying property tax. After paying the tax residents felt that they payed tax more than what they are liable for. The municipality authority admitted the confusion about the tax amount and informed that any extra payment will be adjusted with the next bills. As property [...] Continue Reading »
Real estate property is a good market for investments. However, the income tax structure on the real estate transactions are sometimes confusing among the investors. In income tax there are two types of tax rules: short term capital gain (STCG) and long term capital gain (LTCG). If an investor sells any property within three years [...] Continue Reading »
The District Consumer Disputes Redressal Forum asked the Unitech developer to pay Rs 6.6 lakh to a home buyer who booked a flat. The customer wanted to cancel the booking after several hike in the rate of the flat. Earlier the customer booked the flat in Greater Noida at a rate of Rs 3200 per [...] Continue Reading »
The permissions and clearance process of real estate development in Goa are on hold. The government now decided to release the applications on case to case basis. The Town and Country planning department of Goa issued a circular to put on hold to the regional plan 2011. With the circular all the town and country [...] Continue Reading »
Arvind limited, a textile company successfully implemented a low cost housing project in a joint venture with Tata. Now the company is planning to enter the township development project in Vadodara. Right now Arvind limited is working on acquisition of land for the development of township in surat and vadodara. As of now the Arvind [...] Continue Reading »
Residents of apartments in Coimbatore are tired of improper management when it comes to dealing with builders. They end up making numerable trips to builder’s office but with no result. Builders show unprofessional action, irregularities and also deviates from original plan, no completion certificate on time, no proper parking space and many more. Even the [...] Continue Reading »
Bangalore Development Authority (BDA) is planning to come up with an amendment of Comprehensive Development Plan 2015 (CDP) for the residents’ security. This came into light after the recent High Court’s order to stop commercial activity in residential living spaces. The amendment will contain specifications like all commercial activity done on ancillary land will be [...] Continue Reading »
The Godrej Properties and RR builder have signed up a redevelopment agreement for the Mha-da Property in Byculla. As per the agreement Godrej properties will serve the task of conceptualization, design, sales, and marketing of the project. The project will construct more than three lakh sq ft of saleable area on 2.5 acres of land. [...] Continue Reading »
The higher officials of Orris Infrastructure has confirmed that they are planning to invest Rs 7 billion in the upcoming township project. Along with residential complexes, Orris planned to develop commercial and retail spaces in the project. The township is coming up on the Yamuna Expressway. In the first phase of the project 850 group [...] Continue Reading »
The management of DLF Limited has planned to build realty projects in all major cities of UP. For the development they have acquired 1000 acres of land in those cities. The main concentration to develop projects are residential apartments in Kanpur, Allahabad, Lucknow, Varanasi and in other tier II and Tier III cities in the [...] Continue Reading »
