Real estate trends
Punjab government extends the deadline to pay property tax by three months CHANDIGARH: The Punjab government on Thursday declared a three-month continuation in the deadline proclaimed to pay the outstanding house tax or property tax outwardly without any penalty. In a press report, local bodies minister Brahm Mohindra stated that the government had resolved to partly exclude a class of [...] Continue Reading »
DEHRADUN: The Dehradun Municipal Corporation (DMC) has inflicted huge penalties on 15 commercial properties for disrupting the self-assessment procurement while repaying their property tax. A DMC team conveyed a casual investigation to confirm the authenticity of the area square meters sent by 50 leading commercial properties of Dehradun. During the verification procedure, the DMC team found that 15 of [...] Continue Reading »
Tax department wants realtors to reverse transition credit MUMBAI | NEW DELHI: Real estate players that had commenced taxes paid following more advanced tax administration upon their Goods and Services Tax (GST) mortgages have begun collecting tax demands from the secondary tax department. The tax department requires real estate developers to modify the credit demanded as development credit [...] Continue Reading »
BENGALURU: The industrial society for real estate, the Confederation of Real Estate Developers’ Associations of India (Credai), has driven the Karnataka government for a specific unit to revive the division. Credai-Karnataka has prompted the state to do continue with the No Objection Certificates (NOCs) for program penalty, in sequence to mark down the time missed [...] Continue Reading »
NEW DELHI: South Delhi Municipal Corporation has begun a unique drive to penalize violators discharging construction and demolition trash in the public throughout the night. On Wednesday, administrators from the civic means grabbed five such insolvents and yielded their circumstances with the Delhi Pollution Control Committee. “Despite clearly considering the situations where somebody can [...] Continue Reading »
JAIPUR: Jaipur Municipal Corporation (JMC) is conspiring to inflict a tax on all commercial properties irrespective of its volume. JMC officials had granted a recommendation to the state government to embrace commercial buildings more petite than 100 square yards in the taxable division. If the proposal is affirmed, then houses practicing its propositions for repaying guests, hostels and guesthouses [...] Continue Reading »
MUMBAI: The Supreme Court has addressed the central environment ministry to acknowledge a regularization statement registered by Adarsh Cooperative Housing Society in Mumbai following the most advanced 2018 announcement that agreements with installations in coastal zone regulation (CRZ) regions. The applications registered by the society against the April 2016 order of annihilation relinquished by the Bombay [...] Continue Reading »
PUNE: the civic body is intriguing to reward the housing societies and residences holding their propositions clear to get solid waste management to the grassroots level. A Pune Municipal Corporation (PMC) the referee announced the tidiest houses and society complexes would get bonuses and other perks like reductions on property tax. He said a board of authorities [...] Continue Reading »
VIJAYAWADA: Obtaining land for the affordable housing project is demonstrating to be a huge objection for the Vijayawada Municipal Corporation (VMC). While it has previously zeroed in around 500 acres, the civic body requires to obtain 200 acres more extra to build 70,000 affordable homes in the city. However, tenants of nagara Panchayat encircling the city are not especially [...] Continue Reading »
With officials issuing Rs 800 crores for this purpose, construction activity on the Delhi Metro Phase-IV is expected to begin in December this year. The construction work may initially origin on the Janakpuri-RK Ashram route, the highest corridor following this period. Tenders will be quickly drifted for two different Aerocity-Tughlaqabad, priority corridors, and Majlis Park-Maujpur. DMRC beings Work [...] Continue Reading »
