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Representative Image GURUGRAM: The district town planner (enforcement) has served show-cause notices to 100 house owners in DLF 5 for illegal construction and commercial activities in 60sq yard homes designated under EWS (economically weaker section) category. Despite these notices, no satisfactory response has been received from any house owner, prompting the department to prepare restoration …

DTCP issues show-cause notices to 100 homes over illegal construction, – Homevior Read More »

Representative Image BENGALURU: The govt on Monday tabled two significant bills in the legislative assembly which are aimed at boosting its coffers and preventing water theft. The Karnataka Municipalities and Certain Other Law (Amendment) Bill, 2024, and the Karnataka Irrigation (Amendment) Bill aim to hold officials accountable for lapses in property tax collection and curb …

Karnataka government tabled bill to levy property tax on unauthorised buildings, – Homevior Read More »

Representative Image NEW DELHI: The government on Tuesday proposed reducing the long-term capital gains (LTCG) tax on immovable properties to 12.5 per cent from 20 per cent, but removed the indexation benefits to adjust for inflation, a move experts termed as “negative” for sellers. As per the Memorandum to the Union Budget, with rationalisation of …

Government proposes to remove indexation benefit on sale of old property, – Homevior Read More »

File Photo NEW DELHI: The government on Tuesday announced central assistance of Rs 2.2 lakh crore over the next five years to meet housing requirement of 1 crore urban poor and middle class families under the Pradhan Mantri Awas Yojana-Urban and proposed interest subsidy to provide loans at affordable rates. In her Budget speech, Finance …

FM offers Rs 2.2 lakh crore central assistance for PMAY-U homes in next five years, – Homevior Read More »

Representative Image BEIJING: China’s government posted an extended decline in land sales revenue in the first half of 2024, finance ministry data showed on Monday. Revenue from government land sales fell 18.3% year-on-year, compared with a 14% drop in the first five months of the year. Land sales, a key barometer tracking property sector momentum …

China’s revenue from government land sales down 18.3% in H1 2024, – Homevior Read More »

NEW DELHI: Nirmala Sitharaman, minister of finance, presented the union budget 2024-2025 in Lok Sabha on July 23, 2024. Presenting her seventh straight budget, Sitharaman said, India’s inflation continues to be low, stable and moving towards the 4 per cent target. Core inflation (non-food, non-fuel) currently is 3.1 per cent. She also said this budget …

What real estate industry gained from Budget 2024-25, – Homevior Read More »

CHENNAI: Tamil Nadu Chief Minister M K Stalin on Monday unveiled newly built flats costing Rs 541 crore and also launched a simple, instant online approval for building permits. About 4,184 flats that were constructed on behalf of the Tamil Nadu Urban Habitat Development Board for Rs 541.32 crore and 1,459 flats for government servants, …

Tamil Nadu CM launches housing projects worth Rs 541 crore, , – Homevior Read More »

Get a detailed overview of Bajaj Housing Finance Home Loan process. Follow a step-by-step guide to understand each stage and secure your dream home easily. Source Homevior.in

Representative Image GURUGRAM: The town and country planning department executed a large-scale demolition drive, clearing six illegal colonies spread across 30 acres in the villages of Alipur, Raisina, and Bhondsi of Sohna tehsil. According to officials, the operation was carried out with police support and resulted in the demolition of around 40 unauthorised structures, including …

DTCP razes six illegal colonies in Alipur, Raisina and Bhondsi, – Homevior Read More »

Representative Image Singapore-based global asset manager and operator Keppel has acquired One Paramount 1 tech park in Chennai for about ₹2,100 crore, said three people aware of the deal. The prime office asset is jointly owned by realty developer RMZ Corporation and Canadian pension fund CPP Investments. The property in Chennai’s Porur area is spread …

Keppel acquires One Paramount 1 tech park in Chennai for Rs 2,100 crore, – Homevior Read More »