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Karnataka: Rural areas face property tax hike amid Covid misery

Despite the financial hassle brought about by using the pandemic, residents and industries in rural and semiurban areas may additionally have to pay extra tax. The departments of rural improvement & panchayat raj (RDPR), city improvement and municipal administration format to impose greater property tax quotes and consumer costs for simple amenities. To assist gram […]

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UltraTech’s investments will speed up the wheels of financial activity: Kumar Mangalam Birla

Cement maker UltraTech’s investments in the core infrastructure sector, each brownfield and greenfield will useful resource the kickstart of the non-public funding cycle in the economy, stated the company’s chairman, Kumar Mangalam Birla. “Our big funding in the core infrastructure zone will speed up the wheels of the financial undertaking and resource the kickstart of […]

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Ahmedabad civic physique to trouble property tax payments primarily based on carpet region in Bopal

Bopal residents will be issued their first municipal property tax bills, based totally on carpet location formula, between September, cease and October 2d week. Most of these payments will be between 2.3 to 2.5 instances of the present Nagar Palika bills, declare civic officials. The Ahmedabad Municipal Corporation (AMC) had begun a difficult carpet location […]

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Around 40,000 Amrapali homebuyers might also face a similarly extend in the transport of homes

Around 40,000 homebuyers in Amrapalli’s homes will in all likelihood face similarly lengthen in the transport of their houses, as the contractors working on the tasks have threatened to end the work after non-stop delays in payments from NBCC. At some of the web sites in Noida and Greater Noida, the tempo of work has […]

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Gujarat authorities to introduce new tenancy act for rented homes

Adopting the authorities of India’s Model Tenancy Act 2021, the Gujarat authorities plan to introduce a new tenancy act for the country to substitute the Bombay (now Gujarat) Rents, Hotel and Lodging House Rates Control Act, 1947. Although the new act will be structured to make certain impartiality to each proprietor and tenants of properties, […]

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Pimpri-Chinchwad civic physique lags in housing society waste administration

As per stable waste administration rules, it is obligatory for bulk moist waste turbines like housing societies that produce extra than one hundred kg of the moist rubbish day by day to procedure it in their premises. But the industrial city of Pimpri-Chinchwad appears to have failed to enforce it. Among 2,000 housing societies on […]

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Bengaluru: Buildings with rainwater harvesting may also get a 5% cut price on water payments

The Bangalore Water Supply and Sewerage Board (BWSSB) is taking into consideration taking the reward route to popularise implementation of rainwater harvesting: It can also supply a 5 per cent cut price on month-to-month water payments to homes with RWH facilities. The thinking used to be brainstormed on Saturday throughout a digital session titled ‘Catch […]

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Ghaziabad improvement physique identifies over 320 unlawful colonies, to make listing public

The Ghaziabad Development Authority (GDA) has recognized over 320 unlawful colonies in the district and it plans to make the listing public so that customers exercising warnings whilst investing in such colonies. The listing will quickly be uploaded on GDA’s portal. In fact, GDA has lengthy tried to rein in unlawful colonies and a few […]

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The rise in uncooked cloth fees may additionally lead to dearer residences in Nagpur: Builders

Home shopping may also get dearer in the coming days, say builders as they may also have to subsequently skip on the enlarge in value of development cloth to the buyers. This can also appear in the sparkling bookings of ongoing initiatives as a number of new plans have been held up due to the […]

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Visakhapatnam civic physique to chalk out diagram for slum improvement

In a first step toward making ready a slum upgradation motion plan, the Greater Visakhapatnam Municipal Corporation has determined to launch a two-day survey to recognize the infrastructural matrix in slums. The survey, which would be held on July eleven and July 12, would combination information pertaining to slum dwellers, geographical precincts of every slum, […]

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Clear building particles from the river, will come to test it: Bombay HC to Pune officers

The Bombay excessive courtroom on Friday took to project Pune municipal authorities over the latter’s failure to quit the dumping of building particles into the Mula Mutha river. A bench of Chief Justice Dipankar Datta and Justice GS Kulkarni requested the district collector and the civic physique to without delay clear the river of such […]

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South Mumbai plot deserved, SRA alternative opens up for Esarac Construction

The kingdom city improvement branch has eliminated the reservations for a garden/park and inexperienced belt on a high 2.5-acre Nepean Sea Road plot in south Mumbai, paving the way for full-fledged construction. Nepean Sea is one of the most high-priced residential zones in the country, the place new flats command prices as excessive as Rs […]

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Over 425 structures in Delhi are recognized as dangerous

Total 428 structures have been recognized as risky in the annual constructing survey carried out through the three municipal companies of Delhi this year. Surprisingly, East Delhi Municipal Corporation, which surveyed about 3.9 lakh buildings, did now not discover even a single unsafe structure. A senior east business enterprise legit stated that the survey workout […]

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Madras HC stumbles on rampant land sale fraud in cooperative societies

Slamming frauds in cooperative societies, the place top rate lands are offered off for a tune via elected office-bearers and workforce members, Madras excessive courtroom has ordered a thorough audit of all sale transactions of all societies in the state. Justice N Anand Venkatesh disregarded a petition filed by using R V Shanmuganandam who sought […]

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Property News

Sebi defends intervention before the accepted assembly of PNB Housing Finance

Markets regulator Sebi on Friday knowledgeable the Securities Appellate Tribunal (SAT) that it had to intervene in advance of the magnificent standard assembly (EGM) of PNB Housing Finance to get the proper valuation for placement of shares to international personal fairness primary Carlyle and its mates via the preferential route. Sebi stated that it was […]

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UP-RERA opinions development of seventy-six tasks to facilitate their completion

Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) these days held evaluation conferences of seventy-six tasks from NCR location with respective promoters. These conferences had been held with a view to facilitate the completion of such initiatives and make sure the compliance of the orders of UP-RERA with admiration to the allottees of these projects. The […]

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Chandigarh: unlawful systems on village peripheral line demolished

Within the last 10 days, UT management has demolished around 10 to twelve unlawful structures on the outer edge of UT villages. Those structures had been demolished by using SDM (critical) Harjeeet Singh Sandhu and SDM (East) Ruchi Bedi in villages, along with Khuda Ali Sher and Daria. Assets stated that SDM (important) Harjeet Singh […]

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Earth protection systems in maximum excessive-rises in Noida broken, exhibits audit

The fireplace branch in its audit of highrises in Noida and Greater Noida has observed many homes in which the hydration device has collapsed because of tough water. An audit has been performed given that April. Multiple apartments have also complained that the fireplace safety structures in their homes aren’t operational and are in a […]

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Do Noida structures have rainwater harvesting? Panel will probe

With quite a few components of the metropolis getting waterlogged, the district surroundings Committee (DEC) has initiated an enquiry and sought a record on the popularity of rainwater harvesting structures in residential societies and industrial complexes. All such constructions underneath Noida and Greater Noida authorities are supposed to have rainwater harvesting systems, following constructing bylaws. […]

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Retailers say they will pay lease solely in percentage to real enterprise in case of lockdowns

Top shops and restaurant chains such as Reliance Retail, Madura Fashion & Lifestyle, Domino’s, Plum through Bent Chair, Mamagoto, Farzi Cafe, Lee, Wrangler and Cafe Warehouse amongst others, are insisting on introducing clauses in all new leases that stipulate that they will now not pay rent, or pay solely in percentage to their genuine business, […]

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Fund crunch should extend Amrapali projects’ building by using NBCC: Receiver to SC

The Supreme Court’s intervention with the aid of taking over Amrapali to whole the housing initiatives beneath its supervision regarded to have no longer infused plenty self-assurance amongst present and doable consumers to make investments in the Group’s pending projects. The court-appointed receiver knowledgeable the SC on Monday that solely 20 consumers confirmed activity to […]

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Property News

Mhada now wants the housing department’s nod to redevelop plots over 5,000 sq feet

The Maharashtra Housing Area Development Authority (Mhada) will now want the approval of the national housing branch for each redevelopment on its 5,000-plus sqft plots. A round issued on Monday stated Mhada and its Slum Improvement Board, which is accountable for the utilisation of MP and MLA funds, will want country authorities approval to elevate […]

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Real property market to contact $1 trillion via 2030: Housing secretary

The Indian actual property market is estimated to contact USD 1 trillion utilizing 2030 pushed by way of rising demand and several reforms in the previous seven years like new realty regulation RERA, Housing and Urban Affairs Secretary Durga Shanker Mishra stated on Wednesday. The range of humans employed in the quarter is additionally predicted […]

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Gujarat authorities can provide comfort to ‘building use’ defaulters until March 2022

The Gujarat authorities have granted comfort for those who have no longer observed development norms and who are but to attain the Building Use permission for their buildings, at least until March 31, 2022. Claiming that the authorities is overburdened with work in the Covid-19 pandemic and does no longer want to disturb people’s livelihood […]

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1-OAK to make investments Rs 350 crore to strengthen residential & industrial undertaking in Ayodhya

Real property developer 1-OAK has received a seven-acre land parcel in Ayodhya and is in talks to collect some other three-acre plot for blended-use improvement with a funding outlay of Rs 350 crore, stated its CEO Sandeep Singh Katiyar. A total fee of the task would be Rs 350 cr of which 20 million USD […]

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When is the proper time to draft a property will?

The rising range of COVID-19 instances associated deaths has additionally sparked an indispensable actual property dialogue on property inheritance. You ought to have viewed household disputes over property things languishing in the courts for years. This is because inheritance troubles in India are very complex and a single step can make certain your amicable distribution […]

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Facebook expands workplace area with a new lease, renewals in Mumbai’s BKC

Social networking foremost Facebook has picked up 90,000 sq toes workplace area at business tower One BKC in Mumbai’s enterprise district Bandra-Kurla Complex (BKC) via renewal and new hire agreements with Blackstone Group, countless folks with direct information of the development, said. The workplace area is being elevated whilst the business enterprise is planning a […]

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Ghaziabad civic physique plans to difficulty special IDs for all residences

Soon, every property in Ghaziabad may additionally have a special ID. The Ghaziabad Municipal Corporation (GMC) plans to problem a 17-digit identification wide variety to every plot of land in the city, inclusive of residential and commercial. The special wide variety will denote the location and different records of the place the property is based. […]

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Details of all Chandigarh housing board houses to be accessible online

Soon, the small print of all sorts of residences of Chandigarh Housing Board (CHB), such as residential, commercial, small residences and devices beneath less expensive apartment schemes will be accessible simply a click on away. CHB has already uploaded small print like modern ownership, important points of license price and floor lease paid, the penalty […]

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The government actively thinking about observing up a scheme to AMRUT to cowl all city areas

The Atal Mission for Rejuvenation and Urban Transformation (AMRUT) covers solely about 60 per cent of the city populace and the authorities are actively thinking about an observe-up scheme that will cowl a hundred per cent of the city areas, Housing and Urban Affairs Minister Hardeep Singh Puri stated Thursday. The AMRUT scheme was once […]