Category Realty News

NMC takes Inspiration from PMC

Nagpur: In hundred days of current fiscal, Pune Municipal Corporation (PMC) has collected Rs 500 crore property tax from its residents. The figure is not just overwhelming but also 80 percent of the yearly collection. The Nagpur Municipal Corporation (NMC)…

New Circle Rate might Discourage Buyers

Delhi/NCR: Noida, Greater Noida and Ghaziabad are getting ready to welcome new circle rates proposed in the range 7-25 percent. This proposal is expected to discourage the buyers and mark another setback. In the areas like Greater Noida West which…

Property Price Hike Likely in Bangalore

Bangalore: The upward revision of guidance value of properties has encouraged the Karnataka government to expect additional revenues this year. The Karnataka government is expecting to collect added revenue of Rs 840 crore, including Rs 614 crore which will be…

QIA to invest $ 300 million in RMZ Corp

Bangalore: Qatar Investment Authority (QIA) is investing $ 300 million in RMZ Corp as Baring Private Equity Partners (BPEP). QIA investment will be one of the largest deals in the Indian Real Estate with a net worth of Rs 1800…

No Early Bird Scheme for Property Tax Payment

Mumbai: No worms for the early birds! The Brihanmumbai Municipal Corporation (BMC) has cancelled the proposed tax rebate scheme for early property tax payment. Due to several technical and procedural delays, the civic body has been compelled to close the…

3D City Concept for Pune

Pune: If you look at the sky line of Hong Kong or Tokyo, cluster of high-rise buildings arranged in a planned way flash upon the eyes. They are called 3D buildings that make sure that the life which is prevailed…