Realty News
The second block period to pay property tax begins this October. The Property tax can be paid online or at all the BangaloreOne centers and at BBMP help centers. The last date to pay the second installment (without penalty) is November 29. Those who had not paid the first installment can pay it along with [...] Continue Reading »
The state government of Mumbai has decided to interlink all sub-registrars’ offices to curb scams. The move will curb instances of a single flat or a property being registered in names of multiple buyers. Once the offices are interlinked, registration officials will be able access all the records pertaining to a particular property at the [...] Continue Reading »
Akrama-Sakrama scheme that is expected to give a clean chit to nearly four lakh properties in the state by way of regularization has been sent back for clarifications. This is the second time the bill is being sent back from the Governor’s office in the last two months. Bhardwaj is the third governor to have [...] Continue Reading »
World One will the world’s tallest residential tower to come up in Mumbai by the Lodha Group. The tower is coming up on the 17-acre Srinivas Mills compound. Of the 300 flats, eight apartments are dubbed World Mansions, which are nothing short of castles in air. These apartments will occupy the top eight levels of [...] Continue Reading »
According to source, property buyers and real estate investors in India prefer ready to move apartment than preferring to invest in projects where builders deliver project at a six to seven months past the promised delivery date. Financiers are going for projects under construction whereas end users are only headed for either ready-to-move-in or 80% [...] Continue Reading »
According to source, 216 roads have been identified for widening and more than 37,000 properties across Bangalore will be affected by the proposed road-widening work to be taken up by the Bruhat Bangalore Mahanagara Palike (BBMP). If BBMP decide to pay compensation to poperty owners in cash, BBMP would have to pay nearly Rs. 10,000 [...] Continue Reading »
Direct Taxes Code Bill proposed to make an NRI liable to pay tax on global income The new DTC (Direct Taxes Code) Bill has been proposed in order to make an NRI liable to pay tax on global income if he resides in India in a particular year. In addition, the DTC has also removed [...] Continue Reading »
Property buyers in Gurgaon and Faridabad may have to fork out an extra ‘charge’ with Haryana deciding to levy an infrastructure augmentation charge on developers.The state assembly passed the Haryana Development and Regulation of Urban Areas (Amendment) Bill, 2010 on Tuesday.The amendment enables private developers to get full and partial completion certificates for projects. The [...] Continue Reading »
When roads and parks inside the community are controlled by civic authorities, how can such layouts be called gated communities?- BDA Commissioner Bharat Lal Meena Goutham Margabandu, a senior software engineer, frequently traveled to the US and was often away from home for days on end. His family resides in the city and with him [...] Continue Reading »
BBMP has issued notices has issued notices threatening to cancel the khatas (equivalent to title deeds) of 307 of the 650 land owners in the scenic 58-acre BHEL House Building Co-operative Society layout in Rajarajeshwari Nagar. For the last 35 years, Ranjini Harish, now a retired BHEL officer, saved every penny to build a two-storeyed [...] Continue Reading »
