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Representative image THIRUVANANTHAPURAM: City corporation is set to commence construction of a residential complex at Priyadarshini Nagar to accommodate the families of Vikalanga Colony at Muttathara as part of the Thanal housing project. This project marks a significant step toward improving housing for disabled community members who have been residing in the Vikalanga Colony for …

Thanal Housing Project Set to Transform Lives of Disabled Residents and Fishermen in Thiruvananthapuram, – Homevior Read More »

Representative image Markets regulator Sebi on Wednesday exempted InvITs and REITs from specific lock-in and allotment restrictions when issuing units to an employee benefit trust under unit-based employee benefit (UBEB) schemes. This will facilitate easier acquisition and distribution of units to employees. “In order to promote ease of doing business and to facilitate the acquisition …

SEBI eases lock-in rules for InvITs and REITs under employee benefit schemes, – Homevior Read More »

Representative image Markets regulator Sebi on Wednesday exempted InvITs and REITs from specific lock-in and allotment restrictions when issuing units to an employee benefit trust under unit-based employee benefit (UBEB) schemes. This will facilitate easier acquisition and distribution of units to employees. “In order to promote ease of doing business and to facilitate the acquisition …

SEBI eases lock-in rules for InvITs and REITs under employee benefit schemes, – Homevior Read More »

Representative image CHENNAI: Owning two flats in an apartment building with an interlinking passage will not make one eligible to enjoy two separate electricity service connections even though two separate property taxes and maintenance charges are paid, Tamil Nadu electricity ombudsman has said. The ombudsman rejected the argument of the petitioner, S Manimekalai of Mylapore, …

Tamil Nadu Ombudsman Rules Out Separate Electricity Connections for Interlinked Flats, – Homevior Read More »

Representative image China on Wednesday announced a raft of tax policies aimed at boosting the country’s ailing property market, state media said. Citing various government agencies, including the Ministry of Finance, state broadcaster CCTV said deed tax incentives for housing transactions would be “enhanced to actively support basic and improved housing needs”. The property sector …

China announces tax policies to boost property market: state media, – Homevior Read More »

Representative image MUMBAI: A group of over 60 citizens, in a letter sent to the civic body on Nov 12, opposed the auction of BMC property in Malabar Hill, which currently houses the BEST receiving station. They stated that the property card of the plot shows it is vested with BMC for a public garden. …

Residents Demand Green Space Restoration, – Homevior Read More »

Representative image CHANDIGARH: The Nayab Singh Saini-led Haryana government is preparing the blueprint for a scheme to provide 100 square yard plots to people from low-income groups to help them build their own houses. “The dream of two lakh people in Haryana to have their own homes will soon become a reality. The government led …

Haryana government preparing blueprint to provide 100 sq yard plots to two lakh beneficiaries, – Homevior Read More »

Representative image NOIDA: One out of the three projects, whose developers faced recovery certificates (RCs) from the Greater Noida Industrial Development Authority (GNIDA), cleared its dues, while the other two developers are facing property attachment. Notices were recently issued to Antriksh Engineers, Elegant Infracon and MSX Realtors, collectively owing over Rs 159 crore to the …

Major Construction Companies Face Asset Seizure Over Rs 159 Crore Dues in Noida, – Homevior Read More »