MUMBAI: The Maharashtra Real Estate Tribunal (MREAT) modified a MahaRERA order of 2021, which had denied interest from 2014, citing that RERA Act 2016 came into force in 2017, and granted the home buyer interest from January 2014 till date of offer of possession with OC on the actual amount paid by the home buyer …
MREAT modifies MahaRERA order on interest to home buyer, , – Homevior Read More »
MUMBAI: The Maharashtra Real Estate Tribunal (MREAT) modified a MahaRERA order of 2021, which had denied interest from 2014, citing that RERA Act 2016 came into force in 2017, and granted the home buyer interest from January 2014 till date of offer of possession with OC on the actual amount paid by the home buyer …
MREAT modifies MahaRERA order on interest to home buyer, , – Homevior Read More »
Representative image BENGALURU: The housing market in Bengaluru is facing a storm of rising costs on multiple fronts, leaving buyers to compromise on things like interiors or give up on their dream for now. Office-bearers of the Confederation of Real Estate Developers Associations of India (Credai) put the rise in construction costs at 11% this …
RANCHI: Ranchi Municipal Corporation (RMC) has issued notices to 1,200 property holders, including 100 major defaulters, to clear their holding tax dues. This move aims to achieve the corporation’s holding tax collection target of Rs 83.27 crore in 2024-25 financial year, with Rs 56 crore already collected through November. Additional administrator Philbius Barla is actively …
Representative image BENGALURU: Straining under the weight of ‘unsold’ houses under the chief minister’s one lakh affordable housing scheme, the govt is exploring multiple options to reduce the burden on the state exchequer. At a recent meeting with chief minister Siddaramaiah and his deputy DK Shivakumar, Boston Consulting Group (BCG) recommended the govt provide interest …
Unsold Units Burden Karnataka’s Exchequer, – Homevior Read More »
Representative image NOIDA: Members of the Confederation of NCR Resident Welfare Association (CONRWA) demanded converting residential land property of Noida Authority from leasehold to freehold, no increase in FAR post-freehold, and establishment of a separate authority for upcoming New Noida, during a meeting with Noida MLA Pankaj Singh over the weekend. Currently, all plots and …
Representative image PUNE: The Pimpri Chinchwad Municipal Corporation (PCMC) has identified over 3,500 properties with pending tax dues exceeding Rs3 or 5 lakh. Acting against this, tax department officials have sealed over 1,000 such properties in the last three days, a senior official said. Out of the 3,500 properties, 1,900 have reached tax arrears above …
Representative image NAGPUR: The Lakadganj zone of the Nagpur Municipal Corporation (NMC) acted against property tax defaulters by attaching four properties having outstanding dues amounting to Rs5.36 lakh. According to a press note, the properties are located in Mouza Chikhali Devasthan under Prabhag number 22. The defaulters include Sitaram Sahu (House No. 1261/18) and Tarabai …
Nagpur’s Lakadganj Zone Takes Strong Action Against Property Tax Defaulters, – Homevior Read More »
Representative image PUNE: Maharashtra govt has selected 10 cities, including Baramati, Pandharpur and Bhusawal, for the Centre’s Rs5,000-crore urban land records digitisation project. “Urban areas lack a record of rights and rely only on property tax and sale deed documents. The new system will provide clear property details or record of rights that will be …
File photo BENGALURU: Infosys founder NR Narayana Murthy has bought a second flat in upscale Kingfisher Towers in Bengaluru for Rs 50 crore, setting a new benchmark for residential property prices in the CBD area. The four-bedroom luxurious residence on the 16th floor spans approximately 8,400sqft. It comes with five designated car park spaces. Four …
