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Government

Public suggestions to be approved in real estate bill

Public suggestions to be approved in real estate bill
Earlier, the government had released the draft of Real Estate Regulation Bill for the public to give suggestions and comments. It has been witnessed that, the public has responded well to the bill and now the government is also implementing the same. Public suggestions over the bill will soon be drafted as law in winter [...] Continue Reading »

New norms flowing in property transactions

New norms flowing in property transactions
Is your property deeded in your name along with your wife’s? If yes, here you have an exciting news, you can enjoy full exemption from long-term capital gain tax while selling your property. Delhi High Court discussed with the government to declare the same. Also High Court has implementing the same plan on the new [...] Continue Reading »

Uniform power tariff rejected in Mumbai

Uniform power tariff rejected in Mumbai
Debates were on air in concern with implementing uniform power tariff structure in Mumbai city. Now, finally the results are out, Union power minister has put this decision on halt! Union power minister say that the uniform power tariff is on halt and having this structure in Mumbai is impossible. The only reason is prevalence [...] Continue Reading »

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 »

Ahmedabad plans to lay down new drainage lines

Ahmedabad plans to lay down new drainage lines
The residents of Ahmedabad can now sigh a relief as Ahmedabad Municipal Corporation (AMC) have planned to lay down new drainage lines in areas like; Makarba, Fatehwadi and Mematpur. Open drains will be replaced by new drainage lines as the open drains used to emit foul smell and it had also paved way for breeding [...] Continue Reading »

Heritage structure used as wash area

Heritage structure used as wash area
Unbelievable! An heritage structure is being used for domestic purposes by the residents of Bhopal. This is what will happen if the government pays no attention to take care of the heritage structures in the city. It might sound as an irony, but the fact is that, Rani Kamlapati palace is a majestic seven-storey structure [...] Continue Reading »

Mumbai builders held responsible for non-payment of property tax

Mumbai builders held responsible for non-payment of property tax
The service tax department in Mumbai traced that builders in the city had collected nearly Rs.50 crores as service tax but never seemed to have paid the same to the government. In concern with this trace, recently the service tax department collected Rs.20 crore from several builders in the city. These builders also promised to pay [...] Continue Reading »

Delhi residents face never ending water woes

Delhi residents face never ending water woes
New Delhi is no where rescued from water woes in the residential areas. Residents in several parts of Delhi are forced to go without water for several weeks at a stretch. The residents complain over purchasing water form the private tankers even though their colonies are under the rule of Delhi development authority (DDA). The [...] Continue Reading »

Late Night parties are a sense of bothersome for Pune Residents

Late Night parties are a sense of bothersome for Pune Residents
Youngsters party all night in certain localities in Pune city seems to be giving sleepless nights to its residents. The youngsters, party animals are complained of creating nuisance in the localities and the residents claim the open of eateries and bars beyond deadline, has been a major cause for all these issues. The residents claimed [...] Continue Reading »

Real Estate Regulation and Development Bill 2011 to bring more transparency in the Realty Sector

Real Estate Regulation and Development Bill 2011 to bring more transparency in the Realty Sector
The government in Mumbai is all set ready to introduce a draft of Real Estate Regulation and Development Bill of the year 2011. The reason behind government postponing the release of this draft is that, the draft will now be introduced and comments will be taken as a feedback and duly amendments will be made [...] Continue Reading »



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