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Telangana HC directs state govt to release 40 crore in property tax charges to SCB, – Homevior

HYDERABAD: The Telangana high court has directed the state govt to release 40 crore in property tax transfer (TPT) charges to the Secunderabad cantonment board (SCB), following a writ petition filed by the board’s nominated member. This latest development addresses the issue of delayed TPT payments that affected the cantonment’s operations. The court’s order comes …

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Ahmedabad civic body seals 257 properties of tax defaulters, – Homevior

Representative image AHMEDABAD: On Friday, the property tax department of the AMC sealed 257 properties of tax defaulters in the eastern part of the city, including Maninagar and surrounding areas. Additionally, notices were issued to some defaulters urging them to pay their outstanding taxes promptly. Notices were also given regarding the disconnection of sewer and …

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Buyers demand FTL and buffer zone maps before finalising properties in Hyderabad, – Homevior

HYDERABAD: The Hyderabad Disaster Response and Asset Monitoring and Protection Agency’s (HYDRAA) move to intensify its crackdown on illegal constructions within Full Tank Levels (FTL) and buffer zones, has led to a sharp decline in demand for lake-view flats, report city-based brokers. They share how prospective buyers are increasingly prioritising due diligence over aesthetics, asking …

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Nashik civic body gets 22,000 new properties under tax net in nine months, – Homevior

NASHIK: The property tax department of the Nashik Municipal Corporation (NMC) has brought 22,000 new properties across the city under the property tax net. The property tax is levied on the establishments from the current financial year. Owners of these properties must pay the tax either from the past two years or the year that …

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SC directs ED to attach assets of JP Morgan for violation of FEMA in Amrapali Group case, – Homevior

NEW DELHI: The Supreme Court on Monday asked the Enforcement Directorate (ED) to attach Indian properties of JP Morgan, which engaged in transaction with the now defunct Amrapali Group to allegedly siphon off home buyers money in violation of the Foreign Exchange Management Act (FEMA) and FDI norms. ED said it has prima facie found …

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GIS mapping to make ready reckoner rates more accurate in Maharashtra, – Homevior

PUNE: Ready Reckoner rates in the state are likely to become more realistic with the GIS mapping of land parcels across the state nearing completion. Maharashtra Remote Sensing Application Centre (MRSAC) has completed Geographic Information System (GIS) mapping all rural areas and 50% of urban regions and influential value zones in the state. Registration officials …

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Pimpri Chinchwad civic body imposes time restrictions on construction work, – Homevior

Representative image PUNE: Pimpri Chinchwad munucipal commissioner Shekhar Singh on Thursday announced time restrictions for construction activities within the city limits, aimed at reducing air and noise pollution. Building constructions will now be allowed from 7am to 10pm, Singh told TOI on the sidelines of an event organised by real estate body Naredco. There are …

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Pune civic body recovers 34 crore in property tax from defaulters, – Homevior

Representative image PUNE: The civic body has recovered over Rs34 crore from property tax defaulters by roping in music bands over the past fortnight. The bands play loud music in front of the properties of defaulters in an effort to shame them into settling their dues. Most of these properties are commercial, an official said. …

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Existing home sales in USA surge 4.8% in November 2024, , – Homevior

Representative image Sales of previously occupied U.S. homes rose in November to their fastest pace since March with home shoppers encouraged by a wider selection of properties on the market, even as mortgage rates mostly ticked higher. Existing home sales rose 4.8% last month, from October, to a seasonally adjusted annual rate of 4.15 million, …

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