Jawaharlal Nehru Urban Renewal Mission
The Modi government likely seems to be facing a tough task in order to fulfill its promise of “housing for all by 2022“, considering the track record of different government programmes in the recent years. In the past three years, little over 2.2 lakh houses were built in urban areas under different programmes such as [...] Continue Reading »
As accounted there is a shortage of 187.80 lakh dwelling units in the urban areas in the country with Uttar Pradesh which is topping the list as the Rajya Sabha was informed today. The Ministry is holding consultations with all the stakeholders on the scheme of providing ‘Housing for All‘ by 2022. This was state [...] Continue Reading »
Chandigarh- Residents of Chandigarh will have to start paying tax for their properties as the Mayor has been forced to impose property tax in the city. The issue of imposition of tax in urban Punjab has been a hot topic in Punjab from past few months. Punjab Governor and UT Administrator Shivraj V Patil seems [...] Continue Reading »
The Ministry of housing has sought tax sops, under the section 80IB (10) of the Income Tax Act, for the developers of affordable housing projects. A senior government official said the housing ministry has also asked for service tax exemption for private developers of the affordable housing projects. Also, the ministry has suggested that the [...] Continue Reading »
The municipal commissioner RA Rajeev has sorted out the innervation of the state government to dismiss the resolution passed by the general body of Thane Municipal Corporation (TMC) regarding the proposed capital value based on property tax. The assessment of the property tax is based on the rental value of the residential or commercial structure [...] Continue Reading »
The councilors of the Chandigarh civic body have opposed the imposing of housing tax for the properties in Chandigarh. But the UT administration wants the initiation of housing tax in the municipalities. In a meeting with the UT and the municipal corporations, it is made clear that the city may lose the grants of Rs. [...] Continue Reading »
