Category Realty News

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…

Noida Authorities to Fine the Encroached Land Buyers

Apart from the anti-breach move against the illegal properties, the Noida Authority is also planning to penalize the buyers of the illegal properties to curb down the rising number of unauthorized structures in the region. The authority took the decision…

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…

Infosys Purchases Essar’s IT Park in Bangalore

Bangalore: According to various sources, the Infosys technologies has invested around Rs. 115 crore and acquired Essar’s IT Park in Bangalore.The Equinox Tech Park of 300,000 sq ft developed by Equinox realty is present just few minutes away from the…

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…