Real estate trends
NEW DELHI: Allowing a fund crunch with unadventurous buyers so incomparably paying up Rs 103 crore out of their dues of Rs 3,600 crore and NBCC denying to invest money, the Supreme Court on Monday ordered the Centre to analyze using its force fund for construction of grounded Amrapali house installation projects. A bench of [...] Continue Reading »
NASHIK: After an immeasurable acknowledgment of the immunity the plan freshly, the Nashik Municipal Corporation (NMC) has determined to reintroduce the plan for property tax defaulters from December 16 and February 10. Following the scheme, the tax defalcators can pay their dues in one go with an allowance in penalty fees, security and notification fees. The administration has previously developed a [...] 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 »
CHENNAI: Joint venture housing projects delayed by financial restraints can exchange support for fulfillment if a bulk of the homebuyer’s approvals. Entreating procurement in the Real Estate Act, the Tamil Nadu Real Estate Regulatory Authority (TNRERA) has expedited the transferal of an ongoing project at Coimbatore to a distinct developer, after the project postponed with [...] Continue Reading »
HYDERABAD: The Greater Hyderabad Municipal Corporation (GHMC) has decided that builders neglect essential safety measures so as obstructing under-construction sites, installing dust Screens and safety measures for employees throughout a special drive. Of the 445 buildings inspected in 3 days, it had been found 195 under-construction buildings were being built in violation of safety norms. The rules being ridiculed were those concerning [...] 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 »
CHANDIGARH: As 84 units of both aspects of the Industrial Area in Chandigarh have arrears deserving Rs 32.18 lakh of commercial property tax, Chandigarh municipal corporation (MC) will be offering a program in the monthly prevailing house meeting to waive-off their interest money. Considering this is the most primary financial judgment associated with such [...] Continue Reading »
BENGALURU: The high court has burned down as unconstitutional the allocation of houses/sites of the Karnataka Housing Board (KHB) under two sections of “persons in public life” engraved within the 10 percent discretionary quota. Beneath category A, 25 percent of the discretional quota sites were placed at the conclusion of KHB, to be administered to [...] Continue Reading »
