Registration of properties
Delhi: The Delhi government has recently cleared a layout plan of East Azad Nagar in order to regularise illegal settlement. Just one day before the collapse of an illegal building in Thane that killed 74 persons, the Delhi government had cleared the layout plan of this colony. The last time when Delhi’s illegal colonies were [...] Continue Reading »
Gurgaon- The district administration has increased the circle rates in Gurgaon by up to 15 percent, which is likely to pave way to a significant rise in the prices of properties and plots across residential, commercial and industrial areas. The new rates would come into effect starting from April 1st. As per the new rates [...] Continue Reading »
Bhubaneswar- Real estate developers in Odisha came up with different opinions on the proposed realty regulation bill. Although all sections have given their consent to the proposal of Real Estate Regulatory Authority (RERA), they are dissatisfied with the various clauses and liability provisions in the bill. The proposed bill is expected to be put forth [...] Continue Reading »
The Delhi government currently is in a state of chaos as the economic slowdown has impacted the market. It was stated by the chief secretary PK Tripathi, on 18th October that the government had much to worry regarding the condition of the state exchequer. The third quarter of the financial year witnessed an unimpressive 40% of collections. [...] Continue Reading »
The Bangalore Development Authority (BDA) ordered to check the No objection certificate for the apartments during registration of properties in Bangalore. It is reported that there are thousands of apartments and sites are being constructed in unauthorized layouts. However the department of stamps and registration replied that, according to the registration rules of the state [...] Continue Reading »
In July, the government revised property rates in and around Bangalore after four years. While the department’s bandwidth was an average 30 per cent, it crossed 100 per cent in some areas. Once the rates were notified, calling for objections/suggestions from people, the government felt there was a mismatch between the department’s revised rates and [...] Continue Reading »
