Representative image BENGALURU: After giving citizens more than six months to clear their property tax dues with the One-Time Settlement (OTS) scheme, BBMP has started a special drive to seal properties with dues. A total of 115 properties were locked up on the first day of the drive (October 29) across all eight zones of …
NEW DELHI: House of Hiranandani plans to invest Rs 12,500 crore to expand its presence in Mumbai metropolitan region (MMR) in next 24 months. The company will develop an integrated development of 25-acre land in Hiranandani Estate, Thane. It will also redevelop a 15-acre project in Chembur consisting of Maitri Park and Shrinagar, and other …
House of Hiranandani to invest Rs 12,500 crore to expand in Mumbai region, – Homevior Read More »
BENGALURU Volunteers call on Karnataka Lokayukta to instruct BBMP Chief Commissioner to publish illegal construction data and notices online A group of volunteers has submitted a memorandum to the Karnataka Lokayukta and Upa Lokayukta, urging action to prevent unauthorised building construction following the recent collapse of an illegal multi-story building that led to the tragic …
LONDON: Britain will raise the stamp duty tax paid on second house purchases from Thursday, in a bid to raise revenue to support first-time homebuyers, finance minister Rachel Reeves announced in her first budget on Wednesday. The surcharge on second homes will increase by 2 percentage points to 5%, Reeves said. “This will support over …
United Kingdom increases stamp duty tax on second homes, – Homevior Read More »
LUCKNOW: As part of its vision to integrate small cities with the one trillion dollar goal through Master Plan 2031, the UP govt will begin registrations for the Khurja Industrial Township in Bulandshahr from Nov 11. Located about 18km away from the upcoming Noida Airport, the Khurja township will revolutionise Bulandshahr’s ODOP market by connecting …
NOIDA: The Noida Authority has decided to take a firm stance on recovering unpaid rent amounting to Rs 1,578 crore from licensed and leased properties. This comes after the recent rejection by the authority’s board of a proposed one-time settlement (OTS-III) scheme intended to aid defaulters. Instead, the board has directed the authority to issue …
Representative Image BENGALURU: Otis cut its annual sales forecast and marginally missed third-quarter estimates on Wednesday, as the elevator maker navigates a challenging Chinese property market. Weak construction activity in North America and Europe and pressure on China’s real estate activity continued to impact the elevator maker’s new equipment sales during the quarter. Otis now …
Otis expects its annual sales to be about $14.2 billion in FY25, – Homevior Read More »
MYSURU: The Enforcement Directorate’s investigation of builder Jayaram, which began Monday evening, wrapped up early on Wednesday. Jayaram, owner of MMG Construction, told reporters that officials examined his complete business records spanning 24 years, with particular focus on his firm’s activities over the past 13 years. “I provided all the details to the officers regarding …
Enforcement Directorate Wraps Up Investigation into Mysuru Builder Jayaram, – Homevior Read More »
Representative image GURUGRAM: The MCG commissioner ordered on Tuesday to seal an under-construction residential floor in a housing board plot located in Sector 52. The action was taken in response to a complaint filed by a resident living on the ground floor, who alleged that another resident constructed an unauthorised structure above their floor without …
MCG Orders Sealing of Illegal Structure in Gurgaon Housing Plot, – Homevior Read More »
Representative image INDORE: The district administration has initiated a process for mid-term revision of the collector’s guideline for property rates in Indore, which generates maximum revenue through the stamp and registrar department. A district-level valuation committee, chaired by collector Asheesh Singh, discussed the proposed changes on Wednesday. The committee proposed increasing the guide value for …
