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Ahmedabad civic body seals 2,829 properties of defaulters, – Homevior

Representative image AHMEDABAD : The Ahmedabad Municipal Corporation (AMC) conducted a massive sealing operation against property tax defaulters on Tuesday, taking action against 2,829 property owners across the city. The civic body also issued directives to disconnect water and sewerage services in several areas. The property tax department’s north-west zone officials sealed 536 properties, while …

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Singapore Land & China Jinmao Holdings’ joint venture to develop residential project in Shanghai, – Homevior

representative image BENGALURU: A joint venture between Singapore Land, UOL Group among others and China Jinmao Holdings has won the bid for the development of a residential site in Shanghai, the Singapore-listed companies said on Thursday. The parties won the bid from the Shanghai Municipal Bureau of Planning and Natural Resources for a tender price …

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Rents in Hyderabad’s tech hubs soar, other pockets flatline, , – Homevior

HYDERABAD: Much like property prices, residential rentals in Hyderabad’s tech corridor seem to be unrelenting. According to recent market reports, the city’s western region has witnessed a 10% to 15% higher than usual jump in rents with 2BHKs now available for as much as 40,000 a month. In case of 3BHKs, it has anywhere between …

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US-based CoStar prepares $1.7 billion bid for Australia’s Domain: Source, – Homevior

representative image SYDNEY: U.S online real estate firm CoStar is preparing a A$2.7 billion ($1.72 billion) bid for Australian property classifieds firm Domain Holdings, said a person with direct knowledge of the matter. CoStar declined to comment. Domain, which is about 60% owned by Australian media group Nine Entertainment, did not immediately respond to a …

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Compensation plan chalked out for Chintels Paradiso flat owners, – Homevior

File photo GURUGRAM: In a relief for homeowners of towers A, B, and C of Chintels Paradiso in Sector 109, a high-level meeting chaired by the deputy commissioner proposed two compensation options for them, upholding the Central Building Research Institute (CBRI) report, that deemed the towers structurally unsafe. The homebuyers can opt for a full …

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Ulhasnagar civic body launches amnesty scheme for property tax defaulters, – Homevior

representative image ULHASNAGAR: In an effort to achieve its property tax collection target for the fiscal year 2024-25, Ulhasnagar Municipal Corporation (UMC) has launched a special amnesty scheme for 25 days, offering relief to taxpayers on penalties for delayed payments. The scheme was implemented on 24th February and will continue until 18th March. This initiative …

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Puducherry government launches pilot project to use drones to survey land, – Homevior

representative image PUDUCHERRY: The Puducherry govt has launched a pilot project to use drones to survey land to issue land records to the owners and help the local administration maintain property-tax related information. A team of officials from the survey and revenue departments and municipal administration will undertake aerial drone surveys and publish geo-referenced field …

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Hiranandani Group and Krisala Developers to jointly develop 105 acres land in Pune, – Homevior

Niranjan Hiranandani, chairman, Hiranandani Group NEW DELHI: Hiranandani Group has entered into a joint development agreement (JDA) with Krisala Developers to develop 105 acres land in North Hinjewadi, Pune. Under the agreement, Krisala will look into daily operations. Colliers India facilitated the joint development agreement between the companies. The project will be developed under integrated …

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Nashik civic body to survey properties on rent for new tax assessment, – Homevior

NASHIK: The civic body is planning to conduct surveys of properties to identify those that are leased out and those being used for commercial purposes without the ‘change-in-use’ permission of the civic body. This initiative will help Nashik Municipal Corporation (NMC) increase its revenue through property tax. The survey is to be completed by three …

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