Category Realty News

Chennai Still Pays Property Tax Based on 1998 System

Chennai: The Chennai Municipal Corporation has failed to revise its property tax structure since 1998 which has resulted into massive under valuation of properties. The undervalue evaluation of properties has caused reduced revenue for the corporation which in effect resulted…

Dwarka Expressway Development Work in Progress

According to a latest report, the Dwarka Expressway project of Gurgaon is expected to get completed by this year end. Investors who have purchased property within this zone can now take a sigh of relief by this news.Dwarka Expressway is…

Green Channel Facility Launched by HMDA

Hyderabad: The Hyderabad Metropolitan Development Authority has launched ‘Green Channel’ which will speed up the approval process for layout and buildings approvals. Under this green channel layout approvals will be given to property developers within seven days of period after…

BDA to Allot 5K Sites in Kempegowda Layout

Bangalore: The Bangalore Development Authority (BDA) had developed few layouts which remained un-allotted for past decade. After a long wait of 10 years, the BDA has now decided to give out sites in the layouts. The authority will now invite application…

BMC to Levy Double Penalty for Illegal Structures

Mumbai: The Brihanmumbai Municipal Corporation has decided to collect a penalty for unauthorized construction or extensions and the penalty would be double the property tax on the entire illegal area of the structure. The BMC will soon start collection of…

Ludhiana to Regularize Illegal Constructions

As the general elections are just on the way, most of the cities are focusing to legalize the illegal constructions. Ludhiana is one of the cities which is all set to follow the plan. The Municipal Corporation of Ludhiana has…

Mixed Land Use Policy to Come Online Very Soon

Noida: Noida authority held a meeting with residents and entrepreneurs to discuss mixed land use policy for areas within industrial and residential sectors. Earlier the government had given an approval to the mixed land use policy for specific areas in…