NEW DELHI: The Enforcement Directorate (ED) has identified properties worth more than Rs 200 crore during raids conducted at 15 premises in the national capital and its neighbouring Gurugram city three days ago in the case of Vatika Limited and others under the provisions of the Prevention of Money Laundering Act (PMLA), the agency said …
ED identifies Rs 200 crore assets during raids on Vatika, – Homevior Read More »
Representative image Bengaluru’s civic body, the BBMP, has released about 2.2 million draft e-Khatas of properties online in a first such deployment of technology in citizen-facing municipal services in a metro. “Unlike other metros, we at BBMP have maintained ownership records. In many states, property ownership is handled by the Revenue department, but in Bengaluru, …
Bengaluru civic body releases 2.2 million draft e-khatas online, – Homevior Read More »
Representative image MUMBAI: Slum Rehabilitation Authority (SRA) officials, with the help of local police, have evicted 112 illegal occupants residing in Milansar society in Andheri West’s Juhu Galli since the last 10 years and have handed over the keys for the slum rehabilitation component flats to the original eligible slumdwellers. According to SRA officials, the …
Andheri Evicts 112 Illegal Residents After a Decade of Occupation, – Homevior Read More »
File photo MUMBAI: To recover property tax dues amounting to around Rs 14 crore, BMC has auctioned three cars, including a Honda Accord and a Toyota Camry, belonging to realtor Samir Bhojwani. Following the e-auction, BMC received around Rs 10 lakh for the three cars of which about Rs 1.5 lakh was adjusted to the …
Representative image The Maharashtra Real Estate Regulatory Authority (MahaRERA) has cautioned homebuyers against buying any properties in a total 314 projects registered with the authority that are undergoing proceedings at the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code (IBC) of 2016. Various banks, financial institutions, and other entities extending line of …
Representative image The Bombay High Court has ruled that a tenant company that had previously exceeded the Rs 1 crore threshold in paid-up capital cannot regain protections under the Maharashtra Rent Control (MRC) Act, 1999 following a voluntary reduction of its capital. The court rejected claims by Mather and Platt (India) that its financial status …
Representative image GHAZIABAD: In a meeting on Wednesday, GMC board rejected a proposal to align house tax with the DM circle rate. This decision came amidst ongoing tensions between mayor Sunita Dayal and municipal commissioner Vikramaditya Singh Malik. State cabinet minister and Sahibabad MLA Sunil Kumar Sharma attended the meeting with Muradnagar MLA Ajitpal Tyagi. …
GMC Rejects Controversial House Tax Alignment with Circle Rate in Ghaziabad, – Homevior Read More »
Representative image PUNE: Developer associations in the state have sought a reduction in stamp duty rate from the current 5% to 3%, arguing that it would invigorate the real estate market ahead of assembly polls. Real estate industry representatives wrote to chief minister Eknath Shinde and housing minister Atul Save on Monday that a reduction …
Developers Demand 3% Stamp Duty Cut as Revenue Officials Remain Skeptical, – Homevior Read More »
Representative image AHMEDABAD: The GST department has introduced new rules, effective from Oct 10, that will impact tenants of leased commercial properties. Under these rules, if the property owner is not registered under GST but the tenant is, the tenant will be required to pay 18% GST under the reverse charge mechanism (RCM). This could …
Small Businesses Face Financial Strain, – Homevior Read More »
Representative image NEW DELHI: The allotment of 498 EWS flats at the Karkardooma transit-oriented development (TOD) project will take time as Delhi Development Authority (DDA) is waiting for approvals from various agencies. “The residential complex is among three being constructed under the TOD project. The EWS tower is named Himadri. The allotment at Himadri will …
Karkardooma Flats: Karkardooma EWS Flats Await Final Approvals- Homevior Read More »
