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Three property owners booked for violating tenant registration rules, – Homevior

Representative image RAJKOT: Police have intensified compliance checks under the Disturbed Areas Act in the Rajkot West legislative assembly area, uncovering violations in multiple properties. The Gandhigram police, during inspections in Ward No. 2, identified breaches in Subhash Nagar, Vimal Nagar, Shreeji Nagar, Alka Nagar and Dhruv Nagar. Legal action has been initiated against three …

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Traders seek rollback of 18% GST on rent paid for commercial properties, – Homevior

Representative image TRICHY: Tamil Nadu Vanigar Sangangalin Peramaippu, a federation of traders’ organisation in the state has sought the Union govt to withdraw the 18% goods and service tax (GST) levied on the rent paid for commercial properties. The federation, which conducted a general body meeting in Trichy on Tuesday, also urged the state govt …

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Delhi high court, – Homevior

Repressentative image NEW DELHI: A tenant cannot dictate how best a landlord can use his property, the Delhi High Court has said, coming to the rescue of a senior citizen couple seeking eviction of their tenant. Allowing the plea of the landlord, who is mostly bedridden, the court in a recent order, cited Supreme Court …

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Sahiti Infratec Ventures and its promoters swindled 842 crore from homebuyers: ED, – Homevior

Representative image HYDERABAD: Sahiti Infratec Ventures India Private Ltd (SIVIPL) and its sister entities have allegedly misappropriated homebuyers’ money which led to a wrongful gain of Rs 842 crore by SIVIPL and its promoters, alleged the Enforcement Directorate. In its prosecution complaint filed in the PMLA court recently, ED alleged that the total Rs 853 …

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Uttar Pradesh cabinet approves 30% land subsidy for multi-modal logistics parks, – Homevior

File photo LUCKNOW: The state cabinet on Tuesday approved the Multi-Modal Logistics Park Policy-2024 that will allow companies investing in this sector to receive upfront land subsidies and various other concessions from the govt. Officials said a company establishing a multi-modal logistics park will be given a 30% upfront land subsidy on plots leased by …

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Uttar Pradesh cabinet approves 30% land subsidy for multi-modal logistics parks, – Homevior

File photo LUCKNOW: The state cabinet on Tuesday approved the Multi-Modal Logistics Park Policy-2024 that will allow companies investing in this sector to receive upfront land subsidies and various other concessions from the govt. Officials said a company establishing a multi-modal logistics park will be given a 30% upfront land subsidy on plots leased by …

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MCG demolishes 20 illegal structures to reclaim seven acres in Gurugram, – Homevior

Representative image GURUGRAM: Nearly 20 unauthorised temporary structures spread over seven acres were razed in a demolition drive by MCG on Tuesday. The freed land, worth crores of rupees, is part of a residential zone, allowing both residential and commercial development. Led by nodal officer RS Batth, the MCG enforcement team, supported by over 100 …

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Maharashtra government to revise proposal for vertical property cards, – Homevior

Representative image PUNE: The state govt is set to deliberate on a revised proposal for issuing vertical property cards to flat owners, revenue officials said on Tuesday. The initiative focuses on documenting the vertical expansion in urban and rural areas. The proposed card will serve as a comprehensive document containing crucial details such as ownership …

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Sebi orders forensic audit of TARC’s financial statements, , – Homevior

Representative image MUMBAI: Shares of Delhi-based property developer TARC tumbled 10% on Tuesday after market regulator Sebi ordered a forensic audit of the financial statements of the company between financial years 2021 and 2023. “Sebi believes that the disclosure of financial information and business transactions of the company have been dealt with in a manner …

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SC asks Greater Noida authority to submit a proposal for grievance redressal, – Homevior

File phoyo NEW DELHI: Considering the plight of the hassled homebuyers, the Supreme Court on Tuesday asked the Greater Noida Industrial Development Authority (GNIDA) to submit a proposal for grievance redressal and imposed Rs 5 lakh cost on it for failing to file a timely response. A bench comprising Chief Justice Sanjiv Khanna and Justice …

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