Property Owners
National Housing Bank (NHB) has taken 2007 realty as a benchmark of the Residex pegged at 100. The figures show how Ahmedabad along with five others cities – Mumbai , Delhi, Chennai, Lucknow and Pune – have bucked the trend of falling prices. Residex (residential index) figures for city areas reveal that the road expansion [...] Continue Reading »
Small plot owners in Hyderabad may exempted from the mortgage rule for constructing their houses. Succumbing to pressure from different quarters, including property owners, residential welfare associations and public representatives, the state government is contemplating to exempt small plot owners from the mortgage rule for constructing their houses. Under the mortgage rule, an owner or [...] Continue Reading »
In a major relief to over five lakh site owners in the city, the BBMP council on Wednesday approved recommendations for the amendment of the Karnataka Land Revenue Act, which enables site owners to obtain khata by paying improvement and conversion fees to the BBMP. According to the taxation and finance committee chairman P N [...] Continue Reading »
