Realty News
Don’t let your tax benefits slip away March is always a hectic month for working professionals.While most people spend a lot of time and effort on attempting to identify the best tax-saving avenue, few pay attention to the possibility that what has been saved once need not remain in the savings kitty forever. In the [...] Continue Reading »
If BBMP has its way, people staying near Tagore junction will lose parts of their property for widening of the service road and footpath. Around 20 private properties on the main road will have to do away with three metres of their space as the technical advisory committee (TAC) has instructed the BBMP to widen [...] Continue Reading »
The Brihanmumbai Municipal Corporation (BMC) plans to make things difficult for developers who procure building concessions and then misuse the space by selling it to flat buyers. Municipal commissioner Subodh Kumar has already started clearing projects by putting restrictions that clamp down on these violations. Today, most builders blatantly sell the flower bed area although [...] Continue Reading »
In the last three months alone, the Hakimpet Kunta lake originally spread over an area of over 10 acres has shrunk by a good 10-15 per cent, thanks to illegal dumping of debris in the water body. While Greater Hyderabad Municipal Corporation (GHMC) officials had in the past fenced the lake to keep encroachers at [...] Continue Reading »
The Karnataka high court has said that public auction of a property can be resorted to only after it is free from encroachment. The petitioners have claimed that though proceedings were initiated against the accused, it was not taken to its logical end and the authorities are trying to auction the land without removing the [...] Continue Reading »
The city residents willing to shell out as much as Rs 1 crore (twice the actual cost) to own a two-bedroom (MIG) flat. Undoubtedly, when the sealed bids for 10% ‘assured allotment flats’ of Chandigarh Housing Board (CHB) were opened on Monday, the phenomenal prices quoted by applicants came as a big surprise for even [...] Continue Reading »
The Mumbai civil court has ordered the demolition of an under-construction building in Borivli (W). The judge has ordered Himanshu Shah of Noopur Developers to pull down the structure within four months from the date of the decree. The case dates back to August 2009, when 43 members of wings A and B of Megh [...] Continue Reading »
The practice of constructing illegal structures on public plots by obtaining stay orders sought from the city and civil court has only become rampant over the years. The BMC has requested the state government to bar civil courts in encroachment cases. If the proposal to amend the Mumbai Municipal Corporation (MMC) Act is passed, only [...] Continue Reading »
BBMP give an option to the builders either leave open spaces or pay market value As if the dwindling tree cover is not enough, it is an open invitation to expand the concrete jungle that Bangalore is becoming. The BBMP has given an option to the builders of apartment complexes either leave 10% for open [...] Continue Reading »
The Bombay High Court has stepped in to resolve a 21-year-old fight between two neighbours living in a housing society at Altamount Road. A division bench asked the BMC to depute an officer to inspect the flat of Aparna Chawalla, who stays on the seventh floor of Vijay Apartments. The dispute was over renovations carried [...] Continue Reading »
