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Hyderabad civic body to launch portal and impose penalty to curb illegal constructions, – Homevior

Representative image HYDERABAD: The menace of illegal constructions in the city is reflected in the number of cases coming up in the Telangana high court – around 2.5 lakh writ petitions in the past five years alone. Now, in a bid to tackle the issue, the Greater Hyderabad Municipal Corporation (GHMC) intends to develop an …

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Hubballi-Dharwad civic body to collect property tax from railways, – Homevior

Representative image HUBBALLI: Following the Supreme Court’s 2009 ruling that railways department properties, despite being govt-owned, are subject to property tax, the Hubballi-Dharwad Municipal Corporation (HDMC) has renewed its efforts to collect property tax from railways department properties. Previous attempts by HDMC were unsuccessful as railway officials did not provide necessary property details. However, the …

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New home sales in US rise 5.9% in November 2024, – Homevior

Representative image WASHINGTON: Sales of new U.S. single-family homes rebounded in November after being depressed by hurricanes in the prior month, but rising mortgage rates could hamper sales next year. New home sales jumped 5.9% to a seasonally adjusted annual rate of 664,000 units last month, the Commerce Department’s Census Bureau said on Monday. The …

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Restoration of land cannot be permitted after 12 years: Karnataka HC, – Homevior

File photo The Karnataka High Court upheld a single judge’s order dismissing a petition by original land grantees seeking restoration of property, 12 years after its initial transfer to private individuals. A division bench comprising Chief Justice NV Anjaria and Justice KV Aravind rejected an appeal by M Manjula and others, heirs of late Lakshmaiah, …

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Signature View Apartments’ residents laud Delhi HC’s direction to pay rent as soon as flats are vacated, – Homevior

Representative image NEW DELHI: Welcoming the high court’s decision on Signature View Apartments, residents said HC’s direction to DDA to pay rent as soon as the flats were vacated had come as a breather and raised their expectation for the beginning of the demolition-reconstruction work at the site on priority. “We also argued from the …

Signature View Apartments’ residents laud Delhi HC’s direction to pay rent as soon as flats are vacated, – Homevior Read More »

Ludhiana civic body urges residents to pay property tax by December 31, – Homevior

Representative image LUDHIANA: The municipal corporation has urged residents to submit property tax for the current financial year (2024-25) by Dec 31 to avoid 10% penalty on pending tax. No penalty is imposed on payment of property tax for the current financial year by Dec 31 but a 10% penalty will be imposed on payment …

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Amicus Curiae visits Maradu to assess construction limits in demolition site, – Homevior

Representative image KOCHI: As part of preparing a report on how much construction can be permitted at the site where four flat complexes in Maradu were demolished, amicus curiae Gaurav Agarwal visited the location on Monday. The Supreme Court bench led by Justice B R Gavai instructed Agarwal to visit Maradu and prepare the report. …

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Uttar Pradesh government to draw up SOPs to simplify handover process of townships, – Homevior

Representative Image GHAZIABAD: UP govt is set to draw up a set of standard operating procedures (SOPs) that will simplify the handover process of townships developed by private builders or development authorities. While regulations require that townships be transferred to local civic bodies once they are developed, delays are caused due to incomplete work, developers’ …

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ADB commits $70 million to Vastu Housing Finance for affordable housing, – Homevior

Representative image Manila-based multilateral funding agency Asian Development Bank (ADB) has committed USD 70 million (about Rs 595 crore) to Vastu Housing Finance to bolster affordable home loans. The loan will enhance access to affordable and sustainable housing loans for underserved borrowers, with 15 per cent of the funds allocated specifically to first-time borrowers, Vastu …

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Prestige Group, RC Group, Valor Estate plans Rs 7,000 crore housing redevelopment in Bandra, – Homevior

Representative image Realty developers Prestige Group, RC Group and Valor Estate are in advanced talks to undertake one of the largest cluster redevelopment projects of public housing colonies in Mumbai, said people aware of the development. The project involves redevelopment of 19 housing societies spread over four acres in the city’s Bandra locality, and is …

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