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Major Construction Companies Face Asset Seizure Over Rs 159 Crore Dues in Noida, – Homevior

Representative image NOIDA: One out of the three projects, whose developers faced recovery certificates (RCs) from the Greater Noida Industrial Development Authority (GNIDA), cleared its dues, while the other two developers are facing property attachment. Notices were recently issued to Antriksh Engineers, Elegant Infracon and MSX Realtors, collectively owing over Rs 159 crore to the …

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EOW books Mid City Heights’s director in Rs 55 crore redevelopment fraud in Mumbai, – Homevior

Representative image MUMBAI: The Mumbai police’s Economic Offences Wing (EOW) has booked a developer for allegedly cheating residents of a building being redeveloped for over Rs 55 crore by selling flats without their consent, officials said on Wednesday. According to the officials, Amarjit Shukla and his company Mid City Heights had been chosen to redevelop …

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30 illegal houses on government land demolished in Cunchelim, – Homevior

Representative image PANAJI: A tense atmosphere prevailed in Cunchelim, Mapusa, as authorities demolished 30 of 36 unauthorised houses built on govt land on Tuesday. The land has been designated for a multi-faith burial ground and cemetery. Several individuals are accused of illegally occupying this land and building homes without permission. Despite emotional pleas and protests …

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Sebi issues Rs 52 crore demand notice to two entities in RHFL illegal fund diversion case, – Homevior

Representative image NEW DELHI: Capital markets regulator Sebi on Tuesday asked two entities to pay Rs 52 crore in penalties for failing to clear fines imposed in the case of illegal diversion of funds from Reliance Home Finance Ltd (RHFL). The regulator has warned these entities to attach assets and bank accounts if they fail …

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Bengaluru Civic Body to Collect Rs 26 Crore from E-Khata Fees Amid Property Owner Frustration, – Homevior

Representative image BENGALURU: Property owners, already grappling with a flawed and inefficient online system for obtaining e-khatas, have been dealt another blow: They’ll now be forced to pay anywhere between Rs 200 and Rs 250 at Bangalore One citizen service centres to get their hands on the document. The breakdown of this cost is as …

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Massive ₹1,222 Crore Revenue Surge in Tamil Nadu After Property Guidelines Update, – Homevior

Representative image CHENNAI: The recent revision in guideline values across Tamil Nadu significantly boosted revenue for the state’s registration department, with an additional 1,222 crore collected in the first seven months of the current financial year compared to the past year. According to officials from the registration department, revenue for April to Oct in 2023-2024 …

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UP Government Cracks Down on Builders Handing Over Flats Without Registry, – Homevior

Representative image GHAZIABAD: UP govt has asked development authorities to prepare a list of builders who have handed over flats to buyers on the basis of occupation certificates but without executing registries. This, officials said, has caused significant loss to the state exchequer in terms of stamp duty. Section 13 of the UP Apartment Act …

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Manoj Bajpayee’s Almora Property Under Investigation for Land Misuse by Outsiders, – Homevior

File photo ALMORA: As the Uttarakhand govt contemplates enactment of a rigorous law to protect agricultural land from acquisition by “outsiders”, Bollywood actor Manoj Bajpayee has become the second well-known personality — after UP politician Raja Bhaiya’s wife — to have his property in Almora under the scanner. Almora DM Alok Kumar Pandey confirmed that …

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Bengaluru civic body to seal commercial properties over unpaid tax dues, – Homevior

Representative image BBMP Chief Commissioner Tushar Giri Nath has directed officials to seal commercial properties with significant outstanding property taxes to enforce recovery. Speaking at a meeting today at the Malleshwaram IPP conference hall, he emphasised the need for each division to take appropriate steps to collect dues from defaulters and resolve pending cases. Assistant …

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Bengaluru BBMP Achieves 70% Property Tax Collection, Mahadevapura Leads with 74.4%, – Homevior

Representative image BENGALURU: Bruhat Bengaluru Mahanagara Palike (BBMP) has reported collecting nearly 70% — or Rs 3,634 crore — of the targeted property tax of Rs 5,210 crore till Nov 9 this year. Mahadevapura zone has topped during 2024-25, contributing Rs 974 crore — or 74.4% — of the targeted Rs 1,309 crore. A key …

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