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Guntur civic body to focus on bringing more households into tax bracket, – Homevior

GUNTUR: In order to strengthen the financial base, Guntur Municipal Corporation (GMC) authorities have set their focus on bringing more households into the tax bracket. Ward secretaries have been asked to identify unassessed properties to levy tax and also structures with under-assessment to revise the tax. GMC commissioner Puli Srinivasulu said that the existing revenues …

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Guntur civic body to focus on bringing more households into tax bracket, – Homevior

GUNTUR: In order to strengthen the financial base, Guntur Municipal Corporation (GMC) authorities have set their focus on bringing more households into the tax bracket. Ward secretaries have been asked to identify unassessed properties to levy tax and also structures with under-assessment to revise the tax. GMC commissioner Puli Srinivasulu said that the existing revenues …

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MHADA invites bids to allot 450 flats under EWS quota in Nashik, – Homevior

NASHIK: The Maharashtra Housing and Area Development Authority (MHADA), Nashik region, has invited applications online for 450 flats in 15 residential building projects in the city under 20% reservations for economically weaker sections (EWS). It is mandatory for builders or developers to reserve 20% of flats for EWS in residential projects coming up on or …

MHADA invites bids to allot 450 flats under EWS quota in Nashik, – Homevior Read More »

Approval delays hurt pre-sales bookings of top realty developers, – Homevior

BENGALURU: Several property developers, including top listed firms, reported sluggish pre-sales bookings so far this fiscal as regulatory hurdles and delayed approvals weighed on new project launches. Prestige, Puravankara, Godrej Properties, DLF, and Macrotech are among companies battling lengthy project approval timelines in key markets such as Mumbai, Pune, Bengaluru, Hyderabad, and Delhi-NCR. This has …

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Masking Aadhaar info in old property papers a challenge, – Homevior

Representative Image PUNE: The state property registration department is struggling to mask Aadhaar numbers and fingerprints in previously uploaded property documents, despite successfully implementing this security measure for new agreements to prevent identity thefts and frauds. Officials from the registration department said they were collaborating with the National Informatics Centre (NIC) to address the issue …

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Uday Kotak family acquires 12 flats at Worli Sea Face for Rs 202 crore, – Homevior

File Photo MUMBAI: Billionaire Uday Kotak has bought 12 residential units in central Mumbai’s upmarket Worli for Rs 202 crore, as per documents shared on Thursday. Kotak — the founder-director of private sector lender Kotak Mahindra Bank — has bought 12 units in Shiv Sagar building at the coveted Worli Sea Face, along with family …

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Bihar government to provide houses to all in urban areas by August 2025, – Homevior

PATNA: Chief secretary Amrit Lal Meena said on Wednesday that the govt is working on a mission mode to provide houses to all in urban areas by Aug 2025. According to the official data shared by the office of the chief secretary, the construction of a total of 264,604 houses under the Pradhan Mantri Awas …

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Realty sector seeks interest rate cut to drive housing demand, – Homevior

NEW DELHI: Realtors’ body NAREDCO has sought a 25-30 basis points reduction in repo rates in the upcoming monetary policy to boost housing demand. “While the realty sector is demonstrating robust growth and positive sentiment, a stable or marginally reduced repo rate will further strengthen its trajectory. A reduction of 25-30 basis points could signal …

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Police registers Rs 23 crore cheating case on builder, directors of real estate firm, – Homevior

Representative Image MUMBAI: Police have registered a Rs 23 crore cheating case against Kamala Mills owner Ramesh Govani along with directors of Shivam Parivar Developers Pvt Ltd over complaints by a company. The FIR has named directors Ajit Bhosle, Pramod Bhosle and Sanjay Bhosle as accused. The FIR was registered on the order of magistrate …

Police registers Rs 23 crore cheating case on builder, directors of real estate firm, – Homevior Read More »

Guwahati civic body launches special drive to process building permissions, – Homevior

GUWAHATI: Guwahati Municipal Corporation (GMC) has launched a special drive for processing building permissions, occupancy certificates and regularisation applications for buildings of all categories. The initiative, which commenced in Feb, is scheduled to continue through March. GMC mayor Mrigen Sarania said this initiative seeks to address the difficulties faced by builders and allottees in securing …

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