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Risk of blow up in China’s property market rising

Risk of blow up in China’s property market rising
Property bubble in China is not a new topic. Economists have for quite a long time deliberated over the meteoric rise of home prices, and the runaway pace of new construction. There have been a lot of reports on “ghost cities” — newly constructed Chinese municipalities that were never occupied — led to frequent warnings [...] Continue Reading »

Building regularization move puts violators to trouble

Building regularization move puts violators to trouble
Chennai- The monitoring committee of the Chennai Metropolitan Development Authority (CMDA) appointed by the Madras High Court has sought more clarity and judicial sanction from the state government before regularizing buildings that came up before July 1, 2007 A new set of guidelines was announced by the government early this month, under Section 113-C of [...] Continue Reading »

Assam residents will soon be able to check their Property Tax online

Assam residents will soon be able to check their Property Tax online
Residents of cities and towns across Assam will be able to use their mobile phones to check their property taxes from next year onwards. Assam’s urban development department has decided to launch an e-governance project, under which the property tax collection system will be streamlined to bring in more transparency. The programme will include 89 [...] Continue Reading »

Property tax collection to be restarted in Kolkata

Property tax collection to be restarted in Kolkata
Property tax collection in Salt Lake is set to be restarted. The Trinamool led Bidhannagar municipality had started tax collection on March this year after several years but collection again had to be withheld after a section of residents complained of some miscalculations in many of the tax bills dispatched. Many residents started complaining that [...] Continue Reading »

HMDA raises development charges by 50%

HMDA raises development charges by 50%
Andhra Pradesh government has increased the development charges imposed on builders for construction of buildings in the extended areas of Hyderabad Metropolitan Development Authority (HMDA) by 50 per cent. On July 12, the municipal administration and urban development (MA&UD) department issued the Government Order (GO). Hereafter, builders will now have to pay 75 per cent [...] Continue Reading »

HMDA Hyderabad on a lake protection drive

HMDA Hyderabad on a lake protection drive
Witnessing the poor condition of lake, Hyderabad Metropolitan Development Authority (HMDA) has formed a seperate branch to save lakes in the city. The new division so formed will coordinate with district collectors of Hyderabad, Greater Hyderabad Municipal Corporation (GHMC), irrigation department, municipalities and gram panchayats in the surrounding localities. Hussainsagar lakes will be listed and [...] Continue Reading »

Garbage treatment plant approved in Kochi

Garbage treatment plant approved in Kochi
Kochi has witnessed a lot of garbage and waste menace in recent times. Keeping the woes in mind, Kerala High Court has asked the state Government to start up a centralised Garbage treatment plant-cum power generator within a month and present the report for the same. This initiative has been taken for effective waste management [...] Continue Reading »

Expansion of Coimbatore Corporation to have 28 more Wards

Expansion of Coimbatore Corporation to have 28 more Wards
The 72 wards currently present under Coimbatore Corporation within the corporation limit will be downsized to 60 in the city. The corporation will have 100 wards under its limits. However the expansion plan has excluded Vellalore and Perur town panchayats which were earlier proposed to be included under the expanded corporation limit and have replaced [...] Continue Reading »



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