State cabinet
The Karnataka State Cabinet recently took a decision to amend relevant Sections of Karnataka Land Revenue Act, 1964, and Karnataka Land Reforms Act, 1961, for the purpose. As per the sources the government suggested to take up the process of granting permission to purchase agricultural land by industrialists and simultaneously clearing land conversion applications to lessen [...] Continue Reading »
The state will now extend guarantee to the finances for the project, as the cabinet guide the way. 57% loan of the total project cost will be extended by Japanese International Cooperation Agency. A joint body of Central as well as state government has been formed, as special purpose vehicle (SPV), to take the Rs [...] Continue Reading »
Mumbai- Earlier, authorities in Maharastra had declined the amendment in the calculation of education and employment guarantee cess in property tax. The amendment was awaiting approval. Recently the state Cabinet approved the proposal in calculating the cess in property tax. However, two Cabinet Ministers Narayan Rane and Naseem Khan showed their dismay over the impact [...] 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 »
The unannounced central land acquisition bill is under question before it being tabled. Maharashtra Government is against this land bill as the repair cost of units will be up by at least four times as it is mentioned in the bill. Due to which, the profit gained from the project would be less compared to [...] Continue Reading »
The Kerala state government is all set and ready to proclaim the new housing policy for encouraging construction of rental residential buildings in the state. Experts says that the state government will amend both the Apartment Ownership Act as well as Kerala Buildings Lease and Rent Control Act of 1965 to eradicate illegal property transactions. [...] Continue Reading »
