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Representative image BEIJING: China’s top banks will lower interest rates on existing mortgages from October 25, state media said Saturday, after Beijing’s central bank requested the adjustment to reduce pressure on homeowners. The move comes as Finance Minister Lan Fo’an is expected to announce further fiscal stimulus at a highly anticipated press conference in Beijing …

China banks to lower interest rates on existing mortgages from October 25, – Homevior Read More »

Representaitve imahe LUCKNOW: In a setback to property owners who habitually settle their dues after the stipulated deadline, the Uttar Pradesh government’s estate department has announced that they will now have to pay more. Issuing a fresh set of directives on Thursday, the department stated that an annual interest rate will be imposed on defaulters …

Uttar Pradesh Estate Department Implements Tough New Measures for Property Payment Defaulters, – Homevior Read More »

Representative image NOIDA: The govt-appointed board of directors at Unitech Group has issued a warning to homebuyers defaulting on payment of dues raised by the company, threatening to halt construction of their flats and even cancel allotments in extreme cases. The notice comes at a time when construction work has resumed on a number of …

Pay Dues or Risk Construction Halt and Allotment Cancellation, – Homevior Read More »

Representative image PANAJI: After a gap of four years, the revenue department has moved to revise the base price for land rates in the state. The move comes amidst sustained speculation in Goa’s property market, particularly from high networth individuals from other states. While seeking to rake in additional revenue, govt also wants to bring …

Goa government forms committee to hike base land rates, , – Homevior Read More »

Representative image BHOPAL: Chief minister Mohan Yadav on Saturday launched the ambitious “Sampada-2” project of the state govt, under which e-registration and e-stamping of property documents will take place. Speaking on the occasion, Yadav said that the Digital India Mission, initiated by Prime Minister Narendra Modi, is now fulfilling the diverse needs of the common …

Revolutionizing Property Document Registration with E-Services, – Homevior Read More »

Represswentative image BENGALURU: Nearly 2,000 applications for building plan approval have been rejected, following a recent Bruhat Bengaluru Mahanagara Palike (BBMP) order mandating that nod will be given only if the local planning authorities have approved the single plot/layout development plan. Officials from the BBMP town planning wing said they receive at least 1,000 applications …

New Rule Leaves Property Owners in Limbo, – Homevior Read More »

Representative image MUMBAI: A decision to provide housing to occupants of govt colony in Bandra (East) was taken in the cabinet meeting on Thursday. A high-level committee under the chairmanship of chief secretary Sujata Saunik will take a decision regarding the location, number of govt employees and other procedures, said officials. Last year, chief minister …

Bandra Government Colony Residents to Get New Housing Solutions, – Homevior Read More »

Representative image PUNE: Maharashtra Real Estate Regulatory Authority (MahaRERA) has switched temporarily to its old Information Technology (Maha IT) website due to technical challenges faced by users on the newly launched MahaCRITI platform. The decision is aimed at avoiding inconvenience to homebuyers and other stakeholders during the festival season. MahaRERA chairman Manoj Saunik conducted a …

MahaRERA Reverts to Old Website Amid Technical Issues to Ensure Smooth Home Transactions this Festive Season, – Homevior Read More »

Representative image PUNE: Maharashtra Real Estate Regulatory Authority (MahaRERA) has switched temporarily to its old Information Technology (Maha IT) website due to technical challenges faced by users on the newly launched MahaCRITI platform. The decision is aimed at avoiding inconvenience to homebuyers and other stakeholders during the festival season. MahaRERA chairman Manoj Saunik conducted a …

MahaRERA Reverts to Old Website Amid Technical Issues to Ensure Smooth Home Transactions this Festive Season, – Homevior Read More »

Representativ image PANAJI: State govt on Thursday decided to extend their tenant verification drive for an additional five days before commencing house visits to identify individuals residing in Goa without proper tenant documentation or face the consequences. The initiative, which began on Oct 1, was scheduled to conclude on Oct 10. Chief minister Pramod Sawant …

Goa government extends tenant verification drive by five days, – Homevior Read More »