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Punjab

Punjab government extends deadline to pay property tax by three months

Punjab government extends deadline to pay property tax by three months
Punjab government extends the deadline to pay property tax by three months   CHANDIGARH: The Punjab government on Thursday declared a three-month continuation in the deadline proclaimed to pay the outstanding house tax or property tax outwardly without any penalty. In a press report, local bodies minister Brahm Mohindra stated that the government had resolved to partly exclude a class of [...] Continue Reading »

Haryana government questioned over Reliance SEZ by HC

Haryana government questioned over Reliance SEZ by HC
While taking back nearly 1,400 acres of land allotted for developing one of the country’s biggest special economic zones (SEZs) under the public-private partnership or PPP model the Punjab and Haryana High Court has questioned the Haryana government for taking no action against Reliance Industries BSE -0.26 % Ltd ( RILBSE -0.26 %) The state [...] Continue Reading »

Senior citizens – a budding real estate mkt for developers

Senior citizens – a budding real estate mkt for developers
As per realty experts, for property developers as well as other allied services providers senior citizen are emerging as a new customer segment for creating a proper assisted living environment for them. According to a report by property consultant Jones Lang LaSalle, senior citizens are now being looked at as a potential real estate market [...] Continue Reading »

Court order on Land Act defines guidelines for implementation

Court order on Land Act defines guidelines for implementation
Mr. Jairam Ramesh, Rural Development Minister, says that the Supreme Court judgment upholding the retrospective clause of the new Land Acquisition Act has defines rules for the implementation of a significant clause in the law. He further says that the recent judgment was since last 5 years. He also added that the award was passed [...] Continue Reading »

HC orders to name the owners of multiple plots

HC orders to name the owners of multiple plots
The Punjab and Haryana High Court had asked the urban development authority to give the name of people that were allegedly granted multiple plots. As per the HUDA record, almost 8,000 people have multiple plots under the various categories. Justice Daya Chaudhary also advised HUDA authorities to declare the names of people who had taken [...] Continue Reading »

Ahead of polls, Punjab govt starts giving possession of plots to homeless

Ahead of polls, Punjab govt starts giving possession of plots to homeless
It seems some good time is in store for labourers of Punjab as a long wait of more than four decades seems to be ending for homeless farm labourers of the state with the government, bowing to the persistent struggle and protests from farmer outfits, started giving possession of 5-marla (125 sq yards) plots to them in Kili Nihal [...] Continue Reading »

Gumberg Global plans to open 21 malls in 7 yrs

Gumberg Global plans to open 21 malls in 7 yrs
US-based Gumberg Global, after launching its maiden project, The North Country Mall in Mohali, is set to spread its wings in Punjab and other parts of the country. In India within seven years, the company is planning to invest a huge amount of Rs 35,000-Rs 40,000 crore ,as informed by B Anantharaman, managing director and chief [...] Continue Reading »

Himachal Government plans 2,500 kanal IT park at Dharamsala

Himachal Government plans 2,500 kanal IT park at Dharamsala
Chief Minister of Himachal Pradesh, Mr. Virbhadra Singh on Wednesday laid the foundation stone of the IT Park at Jagrandal in the Dharamsala Assembly constituency. After Waknaghat near Shimla, this is the second time that government has identified land for the IT Park. The Minister for Housing and Urban Development, Sudhir Sharma, who represents Dharamsala [...] Continue Reading »

HUDCO introduces new housing plan for government employees

HUDCO introduces new housing plan for government employees
Housing and Urban Development Corporation is coming up with a new housing scheme, where low rank government employees can own a house for themselves. The state authority is in negotiation with the government agencies in Andhra Pradesh, Maharashtra, Punjab and Karnataka for its new Rent-to-Own scheme. Before the scheme is launched, a government agency will [...] Continue Reading »

Property tax to be imposed in Punjab

Property tax to be imposed in Punjab
Punjab- The Punjab government is all set to impose property tax from April 1, 2013. The government is expecting to collect nearly Rs 1000 crore annually by this exercise. The state has been divided into eight zones in order to calculate tax ratio on property. The zoning has been done on the basis of prevailing [...] Continue Reading »



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