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Representative Image NEW DELHI: The second phase of Pradhan Mantri Awas Yojana(Urban) will soon be launched and the allocation for the scheme is likely to be made in the Union budget next month, officials said on Tuesday. An official in the Union Housing and Urban Affairs Ministry said modalities of the PMAY-U 2.0 are currently …

PMAY-Urban’s second phase to build one crore houses to be launched soon, – Homevior Read More »

Representative Image KOLKATA: The West Bengal government announced the withdrawal of the temporary relief measures provided to the real estate sector that included a two per cent reduction in stamp duty and a 10 per cent slash in the circle rate, effective from Monday. These benefits were introduced on October 30, 2021, to combat the …

West Bengal government withdraws 2% stamp duty & 10% circle rate cut, – Homevior Read More »

Representative Image CHENNAI: Owning a home in the city will get pricier. Govt has increased guideline values for land by upto 10% in the city and a few old corporations, effective July 1, reverting to March 2023 values, but with a slight increase in some areas. The guideline value per square foot on Alandur Road, …

Government increases guideline value by upto 10% in Chennai, – Homevior Read More »

Representative Image MUMBAI: ICICI Prudential Asset Management Company has acquired an entire commercial tower in Mumbai’s western suburb Santacruz for over Rs 315 crore from realty developer Kalpataru’s subsidiary Ixora Properties. The newly acquired tower, built on one-third of an acre, is likely to house the asset management company’s new head office. The office building, …

ICICI Prudential AMC buys office tower from Kalpataru in Mumbai for Rs 315 crore, – Homevior Read More »

File Photo HYDERABAD: Telangana and Andhra Pradesh are heading for a battle of sorts claiming ownership over institutions and buildings after Hyderabad ceased to be the common capital. Days after June 2 when Telangana was gearing up to take over buildings that were in possession of AP, the neighbouring state is now demanding its share …

Andhra Pradesh and Telangana dispute over ownership of buildings in Hyderabad, – Homevior Read More »

Representative Image BENGALURU: Bruhat Bengaluru Mahanagara Palike (BBMP) is all set to give an opportunity to the owners of over 5 lakh khata-less properties in the city to utilise its one-time settlement (OTS) scheme and clear property tax dues to save on penalties and interest. According to BBMP officials, the March OTS rollout was delayed …

Bengaluru civic body to extend OTS tax facility to Rs 5 lakh khata-less properties, – Homevior Read More »

File Photo BELAGAVI: Activities have commenced within the Belagavi City Corporation (BCC) to establish a committee of members tasked with identifying its properties worth crores of rupees in the city. Over the past 4-5 years, there has been a rising trend of theft of documents from various offices of BCC. According to the allegations, the …

BCC forms fact-finding panel to identify its properties, – Homevior Read More »

Representative Image The Noida Authority has served notices on real estate developers, including ATS, Supertech, Logix, seeking their proposal within 15 days for resettlement of their dues worth hundreds of crores, officials said on Friday. The notices, issued on Thursday, are in line with an order of the Uttar Pradesh government concerning legacy stalled real …

Noida authority issues notice to 13 builders for dues worth over Rs 8,510.69 crore, – Homevior Read More »