The largest city of Gujarat, Ahmedabad is going to witness a soaring rise in property tax from this September. Unlike the relaxed property tax bill last year, the Ahmedabad Municipal Corporation (AMC) has prepared the detailed list of the properties…
Mumbai: Godrej properties have decided to launch rights issue to raise Rs 700 crore to support its growth capital requirement. The rights issue will most likely to be launched in the second quarter of the year. Godrej Group will launch…
Recent confusions between Pimpri Chinchwad New Town Development Authority (PCNTDA) and Defense Authority created uncertainty regarding no development territory of the Dehu Ammunition Depot red zone.The PCNTDA have decided to perform a study to help citizens to know the exact…
Chennai: In a bid to pay off their debt which amounts to over Rs 600 crore, the Viceroy Hotels is selling a project division that comprises of a residential project and hotel. The division is being sold to Ceebros Hotels…
New Delhi: The ministry of finance is on a move to increase the service tax on construction, making it even harder for prospective buyers. However, the escalated taxes will only be applicable to the properties that cost above 1 crore…
The city of Amritsar, very soon is going to witness the launch of mega industrial project. It will be first ever project in Punjab that would abode red, green as well as orange belt industries. The project is going to…
Kolkata: Bengal is stuck in a very difficult situation right now because of the new tax that maybe levied on property sales. The tax had only been proposed and awaits inclusion in the Finance Bill 2013 may spell doom for…
A private equity major, Actis might roll back from India and sell back its stakes. This was its first and only real estate investment in the country. The PR firm had invested around $25 million in collaboration with Bangalore based…
Chennai: The Tamil Nadu government has decided to administer the way in which the property tax is assessed in the state by appointing Property Tax Board . Legislation has been presented on Monday in assembly regarding the creation of Tamil…
The burgeoning real estate scenario of Chennai has attracted many renowned real estate companies. One such real estate development company which has shown interest in Chennai real estate market is PBEL property Development firm. This realty company declared that it…
