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PCMC Clamps Down on Property Tax Defaulters, Seals Over 1000 Properties in 3 Days, – Homevior

Representative image PUNE: The Pimpri Chinchwad Municipal Corporation (PCMC) has identified over 3,500 properties with pending tax dues exceeding Rs3 or 5 lakh. Acting against this, tax department officials have sealed over 1,000 such properties in the last three days, a senior official said. Out of the 3,500 properties, 1,900 have reached tax arrears above …

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Nagpur’s Lakadganj Zone Takes Strong Action Against Property Tax Defaulters, – Homevior

Representative image NAGPUR: The Lakadganj zone of the Nagpur Municipal Corporation (NMC) acted against property tax defaulters by attaching four properties having outstanding dues amounting to Rs5.36 lakh. According to a press note, the properties are located in Mouza Chikhali Devasthan under Prabhag number 22. The defaulters include Sitaram Sahu (House No. 1261/18) and Tarabai …

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Maharashtra Launches Drone Survey for Urban Land Records Digitisation in 10 Cities, – Homevior

Representative image PUNE: Maharashtra govt has selected 10 cities, including Baramati, Pandharpur and Bhusawal, for the Centre’s Rs5,000-crore urban land records digitisation project. “Urban areas lack a record of rights and rely only on property tax and sale deed documents. The new system will provide clear property details or record of rights that will be …

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Infosys Founder NR Narayana Murthy Purchases Lavish Flat for ₹50 Crore in Kingfisher Towers, Bengaluru, – Homevior

File photo BENGALURU: Infosys founder NR Narayana Murthy has bought a second flat in upscale Kingfisher Towers in Bengaluru for Rs 50 crore, setting a new benchmark for residential property prices in the CBD area. The four-bedroom luxurious residence on the 16th floor spans approximately 8,400sqft. It comes with five designated car park spaces. Four …

Infosys Founder NR Narayana Murthy Purchases Lavish Flat for ₹50 Crore in Kingfisher Towers, Bengaluru, – Homevior Read More »

Homebuyers Demand Action Against Developers for Project Delays Despite Rera Ruling, – Homevior

Representative image GURUGRAM: Homebuyers have alleged harassment and non-compliance by builders over a 2016 housing project, despite favourable rulings by the Haryana Real Estate Regulatory Authority (HRERA). Buyers have alleged that builders have been charging them higher interests, blaming them for the delay in the project, even threatening them with cancelling their allotments. The project, …

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State Property Registration Department Revenue Target Set to Rise by Rs5,000 Crore Amid New Government Initiatives, – Homevior

Representative image PUNE: The state property registration department may face a steeper revenue target and an additional Rs5,000 crore could be added to its current fiscal year goal to fund govt schemes, a senior official told TOI. “We’ve achieved nearly 64% of our Rs55,000-crore target before December. After the new govt formation, we’re anticipating a …

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Court Orders Builders to Compensate Homebuyers for Delay in Handover, – Homevior

Representative image GURUGRAM: Applying the “principle of parity”, the district consumer forum directed the developer of an affordable housing project to pay compensation to a homebuyer for delay in handover of flat. The forum also directed the company to pay Rs 1 lakh as compensation for mental harassment. The forum observed that if a buyer …

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Shanghai Stock Exchange to impose self-regulatory measures on China’s Country Garden, – Homevior

Representative image Country Garden said on Friday the Shanghai Stock Exchange would impose self-regulatory measures on the embattled property developer, its chairman, chief financial officer and president due to the failure to publish its 2023 annual report on time. The Shanghai Stock Exchange and the Shenzhen Stock Exchange have also made the decision to impose …

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Info-x buys penthouse for Rs 190 crore in Gurugram’s DLF Camellias, – Homevior

Representative image NEW DELHI: Info-x Software Technology Pvt Ltd, through its director Rishi Parti, has bought a 16,000 sq ft penthouse at DLF’s ultra-luxury The Camellias in Gurugram for ₹190 crore in one of the costliest apartment transactions in the country. The deal was registered on December 2, and the company paid ₹13 crore stamp …

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