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Shah Rukh Khan leases two apartments in Mumbai for Rs 2.9 crore annual rent, – Homevior

representative image Bollywood actor Shah Rukh Khan has leased two duplex apartments in a luxury residential tower in plush Pali Hill locality of Khar west for a total rent of Rs 2.9 crore per year. The transactions for apartments in Puja Casa building have been registered as leave and licence agreements for a total duration …

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Tamil Nadu CM lays foundation stone for TIDEL parks in Madurai, Tiruchi, – Homevior

File Photo CHENNAI: Tamil Nadu Chief Minister M K Stalin on Tuesday laid the foundation stones for the construction of two TIDEL Parks in Tiruchirappalli and Madurai, that would ensure combined 12,000 job opportunities. The CM laid the foundation stone for the TIDEL Parks through video conferencing from here. According to an official release, both …

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Chandigarh may increase collector rates in residential properties, – Homevior

Representative image CHANDIGARH: Collector rates are set to increase in most property categories, particularly agricultural and residential segments. A UT official said the rates are likely to be revised by 8 to 10%. A meeting of the committee constituted for the revision of collector rates of UT was held on Tuesday under the chairmanship of …

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Sentiments of homebuilders in US drops in February due to tariffs on imports, – Homevior

representative image WASHINGTON: US homebuilder sentiment tumbled to a five-month low in February amid worries that tariffs on imports would combine with higher mortgage rates to further drive up housing costs. The National Association of Home Builders/Wells Fargo Housing Market Index plunged five points to 42 this month, the lowest reading since September. That erased …

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Noida authority goes to EOW against GSS Procon over Rs 91 crore dues, – Homevior

NOIDA: Noida Authority has filed a complaint with the Delhi Police’s Economic Offences Wing against yet developer of another stalled group housing project for financial irregularities and diversion of funds. GSS Procon was allotted a 10,306 sqm plot in Sector 143A in 2010 for a group housing project Victory Crossroads and promised to deliver 288 …

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600 buildings in DLF 3 with extensions have two weeks for ‘correction’, – Homevior

Representative Image GURUGRAM: Owners of 600 properties in DLF-3 have till the first week of March to restore the buildings to their original structures, failing which action will be taken, the department of town and country planning (DTCP) has said in notices issued to them. Action could include revoking occupancy certificates and registry, sealing property …

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FICCI, Assocham seek input tax credit under CGST on commercial properties meant for leasing purposes, – Homevior

NEW DELHI Industry bodies FICCI and Assocham have demanded that real estate developers should be allowed to claim Input Tax Credit (ITC) under the Central Goods and Services Act (CGST) on commercial assets constructed for leasing purposes. The associations have written letters to the finance ministry and have urged the latter to permit availing of …

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Lucknow development body to launch plot registration for Mohan Road Scheme in April, – Homevior

Representative Image LUCKNOW: In a good news for people looking forward to buy residential plots, the Lucknow Development Authority (LDA) is set to open registrations for Mohan Road Yojana during the auspicious period of Navratri in early April. The scheme’s first phase will offer 2,000 plots in Sector 6 and Block 3 through a lottery …

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NDMC issues 3,200 notices to property tax defaulters, , – Homevior

NEW DELHI: The New Delhi Municipal Council (NDMC) identified around 3,200 defaulters who did not pay property tax amounting to about Rs 200 crore in the last three years (post-Covid) and served them notices. This initiative is part of efforts to enhance property tax collection during the current financial year. NDMC aims to collect Rs …

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