Indian real estate sector
CHANDIGARH: In an attempt to expand enduring businesses in the state, Punjab has determined to ‘liberalize’ its enduring municipal building bylaws by contributing recreations that would execute the bylaws for both commercial and domestic buildings at par with another state. After due examination, it was believed that the existing building bylaws in the state are a little harsh [...] Continue Reading »
AURANGABAD: The civic body, supporting recently appointed municipal commissioner Astik Kumar Pandey is expected to originate an uncompromising tax recovery drive. Anticipating a statement to this conclusion, corporator and others have endeavored an amnesty scheme for tax defaulters. Several citizens also understand that huge defaulters should initial be demanded to clear their dues before the commoners are targeted. The [...] Continue Reading »
JAIPUR: Jaipur Development Authority (JDA) has determined to break the switch on lease money defaulters and has a subserved 15-day requirement. The civic body has served a record of 100 defaulters and programs to collect Rs 20 crore. In the notice, the civic body announced it would connect properties or seize bank accounts if delinquents do not pay the [...] Continue Reading »
KOCHI: Maradu municipality is expected to obliterate two illegitimate apartment associations – Jains Coral Cove and Golden Kayaloram – on January 11 as upon the more initial settlement to obliterate the two buildings on January 12. It was initially chosen to obliterate Holy Faith H2O and Alfa Serene on January 11 and the additional two buildings [...] Continue Reading »
PUNE: The civic body will abandon tax on property maintained by unfavorably-abled residents. A recommendation for this consequence has been postponed before the standing representative committee of Pune Municipal Corporation. The move is aimed at making life easier for differently-abled people and also spreading awareness about the issues faced by them. The exemption will cover [...] 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 »
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 »
GREATER NOIDA: If fines don’t work, maybe shame will. The Greater Noida Industrial Development Authority (GNIDA) has started penalizing housing societies that have failed to install waste treatment plants. simply just in case that fails to form builders fall in line, the development agency plans to award ranks to each housing society supported, however, they [...] Continue Reading »
As a welcome development for the realty sector, the Delhi based realty company Ambience has pledged investments to the tune of INR 1, 950 crore throughout a period of four years for its new luxury housing endeavours. These luxury projects will be based in Noida and Gurgaon respectively and are representative of the new found [...] Continue Reading »
