PATNA: A bill was passed in the Bihar assembly on Wednesday that sought to make registration mandatory for installation of lifts and escalators in multi-storied buildings. The Bihar Lift and Escalator Bill, 2024 was tabled in the House by Energy Minister Bijendra Prasad Yadav and was passed by voice vote after the opposition staged a …
Representative Image NEW DELHI: Apco Infratech has bought 9,527 sq ft apartment in Pali Hill, Bandra West, Mumbai from Ashar Group for Rs 172 crore, the company said in a media release. The project is developed on the late Dilip Kumar’s residence. This transaction was achieved at the rate of Rs 1.81 lakh per sq …
File Photo BENGALURU: The site allottees of Nadaprabhu Kempegowda Layout (NPKL) are up in arms against the Bangalore Development Authority’s (BDA) decision to collect Rs 31,000 towards road cutting fees at the layout. The residents are blaming BDA for taking such a decision without providing the basic infrastructure and completing the ongoing developmental work. They …
KOLKATA: As many as 4,292 residential properties were registered in Kolkata Metropolitan Area in June, the last month when one could avail the stamp duty rebate in the state. This was the best June performance in five years in terms of property registration, recording a 25% growth over the corresponding period last year. The state …
Record Number of Home Registrations in Kolkata Before End of Rebate, – Homevior Read More »
File Photo PANAJI: The state cabinet on Wednesday granted its approval to introduce a new bill in the ongoing monsoon session that will enable it to take over properties of persons who die without legal heirs, and properties having no rightful owner. The planned law will provide for state govt to take over charge, management, …
Goa’s cabinet approve bill to take over land with no owners, , – Homevior Read More »
The removal of indexation benefits from real estate transactions will turn out to be beneficial for taxpayers when it is seen through the prism of “actual market dynamics” rather than plain mathematics, CBDT Chairman Ravi Agrawal said on Wednesday. The head of the direct taxes administration in the country told in a post-budget interview that …
Representative Image BENGALURU: Elevator maker Otis Worldwide lowered its 2024 net sales forecast on Wednesday on softening demand for its new equipment from North America and China. The company expects its full-year net sales to be between $14.3 billion and $14.5 billion, down from its previous forecast of $14.5 billion to $14.8 billion. Sales growth …
NEW DELHI: Competition watchdog CCI has dismissed a complaint against Indiabulls Housing Finance and 19 officials, including MD and Chairman, alleging that the firm abused its position through misleading advertisements while offering loans against property at favourable interest rates. Dismissing the complaint, the regulator in an order on Monday said, “the Commission is of the …
CCI dismisses complaint against Indiabulls Housing Finance, 19 others, – Homevior Read More »
File Photo NOIDA: In a meeting with a delegation of the Federation of Noida Residents Welfare Association (FONRWA) on Tuesday, Noida Authority CEO Lokesh M addressed a number of concerns raised by the residents, which included vendor zones, encroachment-free roads, a need for city bus services, parking and commercial activities in residential areas, stray dogs, …
Representative Image NEW DELHI: TDS of one per cent will apply on sale of an immovable property valued at Rs 50 lakh and more, even if there are multiple buyers and sellers involved in the transaction. A clarification in this regard was provided by Finance Minister Nirmala Sitharaman in her Budget Speech amid cases of …
