Hyderabad: The Greater Hyderabad Municipal Corporation (GHMC) has been enthused by its latest success in massive revenue collection of Rs 1,890 crore in the 2012-13 financial year. Property tax has contributed to a major junk of the revenue. The GHMC…
Pune: The Government of Maharashtra is all set to be benefited by higher stamp duty collection. High-value property deals are escalating in the state due to which there is a probability of increase in the collection of stamp duty by…
Guwahati being a major centre of education and commercial hub in North-east India, most of the populace flock to this city in search of job and educational facilities. Therefore to cater the accommodation needs of the increasing population, the city…
Chandigarh: The Union Territorial administration of Chandigarh has taken an important step towards solving the problem that Chandigarh faces with traffic congestion Basement parking spaces had been made mandatory for all commercial buildings. Beside offices such buildings are to include malls,…
Mumbai: Apartment owners who haven’t registered their property yet but already bought it and paid stamp duty have to pay the increased SD rate at the time of registration. There is a bulk of population that had purchased a house,…
Navi Mumbai, one of the biggest planned Satellite Townships in the world has earned a lot of recognition in commercial real estate market and currently it has become the hottest destination for the upliftment of residential real estate. Properties in…
In order to go with SEBI’s minimum public shareholding norms of 25% which is planned to get enacted by June 13, 2013, major real estate developers are forced to sell their shares to institutional investors using the Institutional Placement Programme…
Delhi: The Delhi Development Authority has announced that the new minimum area for farmhouses or country houses from now on will be 1 acre instead of the previous 2.5 acre. Decrease of the minimum size stipulation will have several implications…
Delhi: The Congress Party had made a big election time commitment in 2008. In 2013 in time for the approaching Parliamentary Election, the Congress is making an effort to fulfill that promise made 5 years back. On Friday, the Delhi…
The Punjab and Haryana High Court will soon be taking steps to nullify the paying guest(PG) accommodation policy that was framed by Greater Mohali Area Development Authority (GMADA).According to the high court the PG policy is being misused to carry…
