amit

amit

An Engineer turned writer. Author is enthralled by outstanding buildings and structures also greatly attracted towards new technologies and design techniques used in real estate. The author is very affectionate about writing up to date movements in the field of real estate. Other than work author has keen interest in art and music.

No Property Tax Hike for Ahmedabad

Ahmedabad: The forthcoming general election has given a respite to Ahmedabad citizens from hike in the civic taxes in the city. Ahmedabad Municipal Corporation had decided to increase the property prices as a result of increase in the budget of…

Chennai Residential Traction, January 2014

Chennai Residential market is well known for its growing demand due to the large sea-line, which remained stable even in the toughest time of the Indian Realty. Although slowdown of the Indian real estate has burnt Chennai market in bits…

GHMC Levies Vacant Land Tax in Hyderabad

Hyderabad: The Greater Hyderabad Municipal Corporation (GHMC) levies more tax on vacant land than assessed from owners of buildings and other structures in the city. According to the GHMC Act, registration value of 5 per cent for a land or…

AMC May Increase Property Tax FY 2014-15

Ahmedabad: Ahmedabad Municipal corporation’s budget for 2014-15 is proposed to cross mark of Rs 6,000 crore. The budget mark and less JNNURM projects will result into tight finances this year in AMC. Civic body will be forced to pursue their…

GIFT Requested REPs for Development

Ahmedabad: National and International Developers are interested in the development of commercial and residential building in the (Gujarat International Finance Tech-city) GIFT city in Gujarat. The announcement of national and international developers’ interest in project was declared by the GIFT.The…

GHMC Approved Compensation for Acquired Properties

Hyderabad: The Greater Hyderabad Municipal Corporation Standing Committee has cleared a proposal for the payment of compensations of the several property owners who have lost their land or buildings in the acquisition process. These lands and properties have been acquired…

NOC Norms for High-rise Most Likely to be eased

Mumbai: The high-rise committee which gives permission for all the high rise structures in the city has declared that no-objection certificate from the panel if compulsory for the construction having height more than 70 meters. Practising Architects Engineers and Town…

PMC Collects Rs 670 Crore as Property Tax

Pune: The Pune Municipal Corporation (PMC) has recorded property tax calculating to about Rs 670 crore, calculated revenue of the civic authority is from the beginning of the current fiscal to the current date. The fiscal year started in April…