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mumbai property

35% hike in Mumbai property prices in two years

35% hike in Mumbai property prices in two years
A study conducted by a real estate portal reported that property prices in Mumbai and its metropolitan region have increased by 35% in the last two years. Regions such as Dombivli and Ghodbunder Road in Thane witnessed the highest price rise of 66% and 54% respectively while South Mumbai prices were weak. According to the [...] Continue Reading »

Property holders to access to central registry soon

Property holders to access to central registry soon
Any buyer of immovable property may soon be able to electronically check details regarding the property – whether the property concerned is free of encumbrances, i.e. outstanding mortgage or unpaid taxes. CERSAI, a Government company, plans to soon allow individuals to access the information recorded with the central registry. The central registry is a shared [...] Continue Reading »

Bombay HC rejects plea against property tax notice

Bombay HC rejects plea against property tax notice
The Bombay High Court has refused to entertain a petition filed by SGS Infratech Ltd challenging the propriety of notice issued by Chief Executive Officer of Pune Cantonment Board. The notice demanded property tax from April 1991 to March 2012 in respect of its property on the defence land.The bench stated that the petition is [...] Continue Reading »



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