Realty News
Around 300 slum dwellers were left homeless in sector 38 and 39 in Gurgaon. Haryana Urban Development Authority (HUDA) fired a demolition drive in order to release prime land from encroachers in Huda sectors. HUDA say that the slum dwellers had occupied two acres of their land constructing buildings and four boundary walls. Also several [...] Continue Reading »
Aadhar Housing Finance though giving a late entry into cities like Kolkata and Bhubaneswar, has plans of releasing new loan schemes. Rs 10 crore will be released under various loan categories by the end of March 2012. Aadhar loan categories include loan against property, house construction, lease-rental finance and also on government plot mortgage schemes. [...] Continue Reading »
Times Property Expo 2011 brings you an opportunity to book your dream project and entry is free. Times property expo 2011 Bangalore will be held in Bangalore Palace Grounds on December 2, 3 & 4 between 10:00 am – 7:00 pm. Times property Expo 2011 India brings premium luxury lifestyle exhibition showcasing residential properties, second [...] Continue Reading »
Sainik Farms which was planned to be demolished by Municipal Corporation of Delhi (MCD) was put on halt. Lack of police force led to postpone of the demolition drive. MCD officials claim that South Zone building department was helpless encouraging them to carry the demolition drive. Buildings in places like; Ambedkar Nagar, Anand Niketan, Freedom [...] Continue Reading »
Much awaited “Best Website” award has been finally crowned to Commonfloor! Commonfloor.com has been awarded as “Best website of the year 2011” in the housing and interior category. The best highest score on content, design, navigation and recommendation likelihood has bagged this award for Commonfloor.com. Commonfloor has always been a user-friendly real estate portal guaranteeing [...] Continue Reading »
Whether your asset yields income or not, you still have to manage to pay the wealth tax every year. The property which exceeds the rate of Rs30 lakh will have to pay wealth tax at 1 percent of the total amount. However, wealth tax on house property is payable only on the “unproductive assets” and [...] Continue Reading »
If the state housing department nods, all the slum families in Mumbai city will be granted a house each. Prior to the orders passed on January 1, 1995; the slum dwellers will have to bear 50 percent of construction costs with the eligibility of free houses. A new chapter in the Maharashtra Slum Act, 1971 [...] Continue Reading »
Pune Nagrik Sanghatana (PNS) says that it is high time to clear all the property tax which is kept pending from years. Therefore, Pune Municipal Corporation (PMC) has been ordered not to hike the property tax for other five years. PMC has been initiated to concentrate on recovering the dues, however PNS has also encouraged [...] Continue Reading »
The Municipal Corporation of Gurgaon (MCG) were contended with the response received from the shop owners and residential property owners to pay the property tax. MCG managed to collect Rs 50,000 as property tax within one day. MCG officials claim that this was successful only because of them reaching doorstep and the property owners had [...] Continue Reading »
Nagpur Municipal Corporation has decided to provide water supply and sewage system to the green belt layouts. Now, the plot owners in the green belt areas can soon hope for basic amenities in their extensions. Hundreds of plot owners are lacking proper basic facilities and life for them has become much hard and tough. To [...] Continue Reading »
