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CHANDIGARH: With the rejection of the official agenda on proposed property tax hike in the MC house, the ball is now in Chandigarh administration’s court which has special powers to increase or decrease property tax rates. “As UT administration, through the secretary of local bodies, carries special powers to issue notifications regarding the increase or …

Chandigarh administration’s court may decide on property tax rates now, – Homevior Read More »

Representative Image NOIDA: Noida Authority has sealed two unsold flats and a commercial shop at Meghdutam housing project in Sector 50 over Rs 55 crore dues. It has also approached the district magistrate to recover the pending amount as land revenue. Earlier, it issued multiple cancellation notices to the company on May 7, July 8, …

Noida authority seals two flats & shop in sector 50 society over Rs 55 crore dues, – Homevior Read More »

Representative Image GURUGRAM: Unauthorised constructions were sealed and demolished in an enforcement drive carried out across the city by department of town and country planning (DTCP) on Thursday. The drives covered areas of Idea Cosmic Plaza in Palam Vihar, and Alipur and Raiseena villages. Two unauthorized ramps and a gym were demolished at Idea Cosmic …

Roads, walls among 80 illegal structures demolished in demolition drive in Gurugram, – Homevior Read More »

The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective home shoppers getting into the market before the busy spring homebuying season starts. The average rate fell to 6.89% from 6.95% last week, mortgage buyer Freddie Mac said Thursday. A year …

Average rate on a 30-year mortgage in USA falls to 6.89%, – Homevior Read More »

NEW DELHI: The Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) on Friday cut the repo rate by 25 basis points to 6.25 per cent. This comes after last rate reduction in May 2020. Real estate experts feel this rate cut will have a positive impact on the overall sector, making home loans …

Experts, , – Homevior Read More »

GDANSK: Swedish builder Skanska reported a rise in fourth-quarter profit on Friday and beat analysts’ expectations, citing a gradual recovery in residential and commercial property development and a record order backlog in construction. That boosted its shares by over 6% and they were on track for their best day since October 2022. The Nordic region’s …

Skanska operating profit grew 189% in Oct-Dec 2024, , – Homevior Read More »

File Photo Bollywood actor Akshay Kumar and his wife Twinkle Khanna have sold a luxury apartment in a super-premium residential tower in Mumbai’s plush Worli locality for Rs 80 crore. The apartment spread over a carpet area of 6,830 sq ft on the 39th floor in one of the towers of Three Sixty West’s on …

Akshay Kumar, Twinkle Khanna sell apartment in Mumbai’s Worli for Rs 80 crore, – Homevior Read More »

LUCKNOW: The UP cabinet on Wednesday decided to create a development authority that would regulate urban development and construction activity within the city limits of Shahjahanpur. Part of the Bareli administrative division, a survey will be conducted in the 49 revenue villages in Shahjahanpur, which would fall under the jurisdiction of the authority. The development …

Uttar Pradesh cabinet approves development authority for Shahjahanpur, – Homevior Read More »

MUMBAI: In its budget for 2025-26, the BMC announced it would begin to levy water and sewerage charges on unmetered properties. According to the Maharashtra govt decision of Feb 2, 2022, residential properties under 500 square feet were exempt from water and sewerage taxes. Previously, these taxes were collected via property tax bills. “A survey …

Soon, unmetered properties must pay water, sewage taxes, – Homevior Read More »

NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) will consider requests by developers of five stalled projects to avail state govt’s rehabilitation policy, the deadline for which lapsed last year. If YEIDA agrees, officials said, the developers in return will file applications to withdraw cases pending in the National Company Law Tribunal (NCLT) and in …

Developers want to avail rehabilitation policy for five stalled projects, – Homevior Read More »