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Nagpur civic body launches amnesty scheme to recover Rs 850 crore in property tax arrears, – Homevior

Representative image NAGPUR: What Nagpur Municipal Corporation is promoting as a New Year gift in the form of an amnesty scheme for property tax defaulters, sources term it as a pre-poll sop ahead of the civic body elections due this year. The scheme offers 80% waiver on penalties and interest, reducing the outstanding property tax …

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Mhada to allot 555 flats for EWS in nine residential projects, – Homevior

Representative image NASHIK: The Maharashtra Housing and Area Development Authority (Mhada), Nashik region, would reserve 555 flats in nine residential projects for the economically weaker section (EWS), which would be allotted to the people under the category through a lucky draw in the next few months. “The advertisement in this regard will be floated within …

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Prime minister inaugurates several development projects in Delhi, – Homevior

File photo NEW DELHI: Prime Minister Narendra Modi on Friday inaugurated several development projects, including 1,675 flats for residents of JJ clusters and the World Trade Centre, in Delhi. Modi handed over the keys to eligible beneficiaries of EWS flats at Swabhiman Apartments in the Ashok Vihar area. For every Rs 25 lakh spent on …

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Brookfield delays sale of London’s Citypoint office tower: Source, – Homevior

Representative image LONDON: Brookfield has delayed the sale of its Citypoint tower in London after bids fell short, forcing the property manager to extend debt repayments, a source familiar with the matter said, the latest sign of strain on Britain’s battered office market. Canadian investor Brookfield had been seeking around 500 million pounds ($620 million) …

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NKDA plans crackdown on residential buildings violating commercial-use rule, – Homevior

KOLKATA: The New Kolkata Development Authority (NKDA), which has found over 1,000 residential buildings across New Town that are suspected to be using more space than allowed or fully utilising the building’s total floor area for commercial purposes without permission, has decided to crack down on them. Officials said the authorities had been receiving complaints …

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Maharashtra deputy CM directs officials to come up with ‘housing for all’ policy, – Homevior

File photo Maharashtra Deputy Chief Minister Eknath Shinde on Friday directed officials to come up with a “housing for all” policy within a month to provide durable, affordable and sustainable houses. Shinde, who holds the housing and urban development department, also asked officials to clear impediments in the redevelopment of housing projects in Mumbai which …

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Gujarat CM urges builders to submit feedback on new jantri rates, – Homevior

Representative image AHMEDABAD: Chief minister Bhupendra Patel told real estate developers “not to worry” and to submit objections and suggestions regarding new jantri rates. He said this a property show in Ahmedabad on Friday. The CM inaugurated the Credai Ahmedabad Property Show 2025 and asked developers to ensure that buyers benefit from schemes provided by …

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Nagpur civic body recovers Rs 83.6 crore property tax as rebate scheme ends, – Homevior

Representative image NAGPUR: The Nagpur Municipal Corporation (NMC) has wrapped up its property tax rebate scheme, which aimed to incentivise timely payments, on December 31, 2024, collecting Rs83.6 crore from 1,63,813 property owners during the period July 1 to December 31, 2024. The scheme offered a 10% rebate for online transactions and a 5% rebate …

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Pune civic body sets February 15 deadline for green initiative rebate on property tax, – Homevior

Representative image PUNE: Housing societies have been asked to submit by Feb 15 applications seeking up to 10% rebate on property tax in 2025-26 financial year for implementing green initiatives like vermiculture composting, solar energy and rainwater harvesting. The civic administration has warned of revoking the benefit if the projects are found non-functional. Officials from …

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