Property Owners
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 »
Considering that the intricate self-assessment forms of property tax proves to be difficult ones to fill out for residents, Kochi Corporation is to send out its officials to help residents fill the forms. The welcome move is announced as a wide range of information, including the distance of the building from the thoroughfare, type of [...] Continue Reading »
In a noteworthy step taken up by the Nagpur Municipal Corporation (NMC), a special drive held for two days at all ten zone offices saw settling of 800 pending cases. The property owners’ applications were stuck for over a year even after they had submitted all the required documents. Most of the cases involve issuing [...] Continue Reading »
The Bruhat Bengaluru Mahanagara Palike (BBMP) has planned to install a biometric system in order to make flawless issue of permanent khatas (property ownership documents) and to eliminate corruption in property transactions, including doctoring of khatas. This move will safeguard the genuine property owners’ interests. The fingerprints will be matched in order to authenticate the ownership. [...] Continue Reading »
Mumbai, being the most expensive city of India, has the highest cost of real estate properties which compete with other Asian centers such as Singapore and Hong Kong. It has been recorded that an apartment in 28th floor, facing the Arabian Sea in Mumbai, was sold at 390 million rupees. At a present situation of [...] Continue Reading »
The Greater Hyderabad Municipal Corporation’s (GHMC) efforts to begin property tax collection from the beginning of the financial year have been delayed. GHMC has not even started to send demand notices to the property owners when it has to actually start collecting a penalty for delay in paying tax for the first half of the [...] Continue Reading »
Urban property owner cards to be issued to property owners instead of ‘Khata’ under an agreement between Bangalore and Urban Property Ownership Records (UPOR) are just three months away. The project for the state capital has already been cleared by the state cabinet. The project has already been taken up on a pilot basis in [...] Continue Reading »
With the changing times in India, trends in real estate sector is also changing. The theme of older cum intelligent homes are being replaced by smarter’ versions of technology. The improvement in technology has taken firm roots in bringing out smart homes in Indian cities. Today, the property owners are looking for concepts beyond four [...] Continue Reading »
The Delhi government had given provisional certificates to around 1639 colonies during the year 2008. These certificates were issued promising the citizens to regularize the colonies completely, but till date nothing has been done. The property owners, who had bought houses in unauthorized colonies of Delhi are in a state of discontent. It has also been [...] Continue Reading »
Every residential area in Noida demands security! Now, resident’s wish has come true wherein the Resident welfare association (RWA) will take care of the security in the residential areas in Noida. Property owners, from now onwards you need not worry about the security when you are away from home. The Sector 47 RWA in Noida [...] Continue Reading »
