Properties
The SGS mall in Pune Camp, which was sealed on Tuesday on charge of non-payment of property tax, was opened on Thursday evening, following an order from the district and sessions court here. Principal district and sessions judge Anant Badar ordered the Pune Cantonment Board (PCB) to remove the seals on hearing an appeal filed [...] Continue Reading »
Goa Chief minister Manohar Parrikar has assured that he will resolve the long-pending Mayem evacuee property issue by conferring full benefits of all social legislations on Mayem residents. Even after 50 years of Goa’s liberation, the local villagers are deprived of their proprietary rights in respect of their own land due to existence of the [...] Continue Reading »
Municipal Corporation of Delhi is all set to take strict action against at least five lakh property owners all over Delhi who have not been paying conversion and regularization charges to the corporation. The east corporation is sending notices to 6,000 commercial establishments that have not paid conversion charges to the corporation and the north [...] Continue Reading »
With Yamuna Expressway being opened, property analysts believe that that real estate market in the region is going to witness a boom and the NCR and western UP belt will become a hot destination for homebuyers as well as investors. A hike of 30 per cent in property prices is expected as the Expressway is [...] Continue Reading »
Residential property prices have been steadily rising in Chennai for the last couple of years. Central Chennai areas like Boat Club and Poes Garden have seen the highest price rise. . Other prominent locations include Nungambakkam, T Nagar, Mylapore and RA Puram. Most of the residential developments in the central locations are bungalows and independent [...] Continue Reading »
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 »
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 »
The state government’s decision to hike house tax in Allahabad has not gone down well with the residents and now opposition Bharatiya Janata Party (BJP) workers have started protesting against the hike in house tax. The BJP protested against state urban development ministry and stated that the government has cheated the people of Allahabad by [...] Continue Reading »
At a time when the real estate sector is going through a lean phase and the inventory level of Mumbai is going up propelled by a dip in sales, the traditional upmarket residential enclaves of south Mumbai – are skyrocketing. The city’s plush Nepean Sea Road area sold for a boggling Rs 1.20 lakh a [...] Continue Reading »
The tax on commercial property in Chandigarh may be increased in near future. The issue is to be taken up at the meeting of the House Tax committee to be held in the coming days and the extent of the increase would be decided after a discussion at the meeting. Property tax on commercial property [...] Continue Reading »
