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50 percent exemption on property tax

50 percent exemption on property tax
Are you planning to construct building with an heritage look? If yes, you’re sure to reap the best benefits by getting sanctioned 50 percent property tax exemption. Greater Hyderabad Municipal Corporation (GHMC) has declared 50 percent tax exemption norm in Hyderabad city. Andhra Pradesh Tourism Development Corporation has joined hands with GHMC to encourage people [...] Continue Reading »

Safeguard heritage structure from metro constructions

Safeguard heritage structure from metro constructions
Madras High Court has directed Chennai metro rail corporation to carry on metro work without damaging the structural stability of heritage structures in the city. Directions were passed by HC only after Public Interest Litigation (PIL) was filed by a travel agent to safety the heritage buildings in the city. Heritage buildings such as; Ripon [...] Continue Reading »

Rs. 1000 fine for illegal parking

Rs. 1000 fine for illegal parking
Illegal parking in Hyderabad will be followed up by enhanced penalty. High Court (HC) has ordered Hyderabad City police to levy penalty on vehicles trapped for parking illegally. HC implemented this norm after seeking complaints from the residents of areas like; DMRL Crossroads, Maruthi-nagar, Champapet, Prasannanjaneya Swamy and Shiridi Sai Temple extensions. To eradicate the concept [...] Continue Reading »

Builders call real estate bill an “harassment bill”

Builders call real estate bill an “harassment bill”
Delhi developers claim real estate bill as ‘Public Amusement and Developer Harassment Bill’. Confederation of Real Estate Developers’ Association of India (CREDAI) voiced out saying, that even their committee members are not contended with the norms ensured in the real estate bill 2011. As the law is focused on real estate builders, Ministry of Housing and [...] Continue Reading »

Pay and park back into action

Pay and park back into action
Commuters, add on parking charges to your monthly budget list. On-street parking charges are set to come back again! Bangalore traffic authority revealed the proposed charges for parking at public places and they also said that their aim was to eradicate the concept of free parking across major places in the garden city. Hearing to [...] Continue Reading »

New loan pre-payment norm in real estate market

New loan pre-payment norm in real estate market
Home loan rates fluctuating, here it is back into action again! The new norm is leaving the loan payers and borrowers worried behind. It is State Bank of India (SBI) this time who has decided to change pre-payment charges in concern with both the fixed and floating loans. India’s largest lender SBI calls for this [...] Continue Reading »

Happy times for RWA’s in Gurgaon

Happy times for RWA’s in Gurgaon
Gurgaon Resident Welfare Association (RWA’s) are happier than ever before. Finally they were given a stage by Haryana Urban Development Authority (HUDA) to list out the problems existing in the city limits. Around 100 RWA representatives form private colonies attended the meeting.   Respectively, RWA’s from all the colonies prepared a list of demands to [...] Continue Reading »

Land norms getting hard and tough

Land norms getting hard and tough
No more land mafia dealings in concern with government land. Yes, it has been decided that the sale of any government land from now onwards will have to pass the cabinet clearance. Kolkata mayor says that the norm will not be applicable to Kolkata Municipal Corporation (KMC) as it is a local self government. Meanwhile, West [...] Continue Reading »

Land Acquisition Bill gets constant opposition

Land Acquisition Bill gets constant opposition
The confusions seems to be never ending in concern with the Land Acquisition Bill! Now, its Maharashtra government’s turn to oppose the centre’s bill. The problem started when the bill denied state’s role in acquiring land for industrial purposes. Government officials say that they will be opposing the bill as they believe that this norm [...] Continue Reading »

Land mafia nuisance in Ranchi

Land mafia nuisance in Ranchi
The rising menace of land mafia in Bokaro at Ranchi have left the property owners worried. The police authorities at Dhanbad and Bokaro are witnessing a rise in land dispute cases. Therefore, the DIG official has passed on orders to the city policemen to take necessary action against land mafia which is creating trouble for [...] Continue Reading »



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