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Telangana CM seeks centre’s help for second phase of Hyderabad metro rail, – Homevior

Representative image HYDERABAD: Telangana Chief Minister A Revanth Reddy on Sunday said that he has urged Prime Minister Narendra Modi to sanction the Regional Ring Road (RRR) and the ‘regional ring rail’ to develop Hyderabad into a global city and support various development projects in the state, including second phase of Hyderabad metro rail. Participating …

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China Evergrande’s unit receives liquidation order from Hong Kong court, – Homevior

Representative image China Evergrande said on Monday that a court in Hong Kong had ordered one of its key offshore units to be wound up, the latest in a slew of legal victories for the embattled developer’s liquidators. The liquidators had filed a winding-up petition against company subsidiary CEG Holdings BVI in September, in a …

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Over 110 plots near Sambhal stepwell sold using fake will, – Homevior

File photo BAREILLY: A land scam involving fraudulent sales of 114 plots near a historic stepwell in Sambhal’s Chandausi town has come to light with plots registered using a fake will and sold primarily to members of the minority community, senior district officials said on Sunday, adding that their ownership is now investigated by police …

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Ranchi civic body issues warning to holding tax defaulters, , – Homevior

Representative image RANCHI: The Ranchi Municipal Corporation (RMC) has intensified its efforts to recover outstanding holding taxes for the financial years 2023-24 and 2024-25 (up to the fourth quarter, ending March this year). Despite prior notices, 85 property owners were yet to clear their dues. Among the tax defaulters, Saraswati Shishu Vidya Mandir located in …

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Gujarat HC exempts GST on leasehold rights for industrial plots, to boost investment, – Homevior

Representative image A recent Gujarat High Court ruling exempting goods and services tax on assignment of leasehold rights for industrial plots developed by Gujarat Industrial Development Corporation is expected to reduce the tax burden on businesses and real estate developers. The ruling is poised to support smoother transactions and potentially boost investment in the industrial …

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NCLAT gives go-ahead for Indiabulls Real Estate-Embassy Group merger, – Homevior

NEW DELHI: In a major relief to Indiabulls Real Estate (IBREL) and Embassy Group, the appellate tribunal NCLAT has sanctioned the scheme of amalgamation to merge both the real estate firms after setting aside the NCLT order stalling the process. “We set aside the impugned order of NCLT, Chandigarh and allow the prayer to sanction …

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Property allottees pay heavy price for Chandigarh estate office’s glitch, – Homevior

CHANDIGARH: A critical error by the UT estate office has resulted in significant consequences for property owners. Numerous allottees are facing difficulties in removing their properties from the ‘resumed’ category. The incorrect tagging of properties during the digitalisation of records has created substantial challenges, with owners spending years attempting to correct these errors. A Sector …

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Regularisation plea can be entertained only if structure is irregular, not illegal: HC, – Homevior

PANAJI: The high court of Bombay at Goa dismissed the application by Abdul Linganmata who was seeking regularisation of his structure at Assolda. The panchayat, director of panchayats, and the district court held that his structure was a new structure and illegal. Linganmata went to the HC challenging the district court’s decision. The high court …

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Bengaluru civic body seals 830 commercial properties, , – Homevior

Representative Image BENGALURU: The Bruhat Bengaluru Mahanagara Palike (BBMP) has sealed 830 non-residential properties with significant pending property tax dues. According to BBMP’s Special Commissioner (Revenue) Munish Moudgil, the BBMP has sealed properties across its eight zones as part of its action against tax defaulters. The highest number of properties sealed is in the East …

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Mumbai civic body launches campaign against illegal construction, – Homevior

Representative image MUMBAI: In a meeting chaired by additional municipal commissioner Ashwini Joshi at the BMC headquarters on Friday, it was decided to conduct a robust campaign against unauthorised constructions across Mumbai in Jan, Feb, and March. According to the Mumbai Municipal Corporation Act 1888, Section 152 (A), there is a provision to impose a …

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