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Representative Image HYDERABAD: Officials of the Greater Hyderabad Municipal Corporation (GHMC) on Wednesday sealed the gates of the Taj Banjara Hotel on Road No. 1 in Banjara Hills for unpaid property tax amounting to Rs 1.43 crore accumulated over two years. The hotel, which has not been operational for the past two years, saw immediate …

GHMC seals Taj Banjara hotel over property tax dues; partial payment made, – Homevior Read More »

NAGPUR: The ambitious Pradhan Mantri Awas Yojana (Gramin) is gaining momentum in Maharashtra, with 19,085 beneficiaries from Nagpur district receiving authorisation letters for their new dwellings. The official sanction and initial instalment of funds shall be disbursed in a ceremony on Saturday presided over by Union home minister Amit Shah, chief minister Devendra Fadnavis, and …

Over 19,000 beneficiaries in Nagpur district to get PMAY homes on Feb 22, – Homevior Read More »

BENGALURU: Hong Kong-based property developer New World Development said on Friday it expects to swing to a loss of up to HK$6.80 billion ($875.07 million) for the first half of fiscal 2025 on lower expected realizable prices for its properties. China’s property sector has been battling declining demand, with official data on Wednesday indicating that …

New World Development sees loss of up to $875 million in H1 2025, – Homevior Read More »

PUNE: The Pimpri Chinchwad Municipal Corporation on Friday proposed no hike in the property tax for 2025-26 financial year, as commissioner Shekhar Singh presented a budget of Rs 9,675.27 crore with a focus on completing DP (development plan) roads, improving water supply, enhancing CCTV surveillance at civic-run schools, and rejuvenating the Indrayani river. Singh said …

Pimpri Chinchwad budget 2025 proposes no property tax hike, , – Homevior Read More »

CHANDIGARH: The Chandigarh Housing Board (CHB) has initiated the demand survey for the self-financing housing scheme in Sector 53. CHB invited applications from interested persons, which can be made online at the CHB website only. The opening date for the demand survey is Feb 22, and the closing date is March 3. The scheme will …

CHB starts demand survey for sector 53 self-financing housing scheme, – Homevior Read More »

NEW DELHI: The Municipal Corporation of Delhi (MCD) has announced that the property-tax offices at the civic body’s zonal offices and headquarters will remain open on Saturdays until March 31. In a move to facilitate property-tax payments, the offices will remain open from 10 am till 5 pm, providing additional convenience to taxpayers. According to …

Delhi civic body, – Homevior Read More »

File photo AHMEDABAD: The income tax department is turning up the heat on taxpayers with offshore real estate, especially in Dubai. Many Gujarat-based investors who have purchased property in Dubai have started receiving notices and summons under Section 131(1A) of the Income Tax Act. Chartered accountants say many notices are based on passport details rather …

Income tax department summons Gujarat investors over Dubai properties, – Homevior Read More »

BENGALURU: The Karnataka Real Estate Regulatory Authority (K-Rera), set up to safeguard homebuyer interests, has failed to recover Rs 666 crore — or 88% — of the Rs 758 crore it had ordered builders to pay their customers under the head of refund for incomplete/delayed projects, among other things. As on Dec 31, 2024, K-Rera …

Karnataka RERA fails to recover Rs 666 crore from builders, , – Homevior Read More »

HYDERABAD: With prices of flats skyrocketing, the state govt has decided to take up projects to provide affordable housing for lower and middle income groups. As part of the plan, the govt has made the Telangana Housing Board (THB) as the nodal agency for implementing the ‘affordable housing policy’. The policy is expected to be …

Telangana government to bring affordable housing policy soon for LIG & MIG, – Homevior Read More »