Representative image NAGPUR: The Nagpur Municipal Corporation (NMC) is grappling with a significant financial setback as its property tax collections fell sharply this fiscal year, primarily due to a diversion of staff for various govt duties. From April 1 to November 26, NMC collected Rs128.96 crore — a decrease of Rs20.15 crore — compared to …
Urgent Measures Needed to Address Revenue Gap, – Homevior Read More »
Representative image China-based property developer Kaisa said on Friday it would hold an extraordinary general meeting of its shareholders on Dec. 18 to seek various approvals in relation to its $12.27 billion debt restructuring agreement. The developer has been working to restructure its debt since defaulting on $12 billion in offshore bonds in late 2021. …
Representative image The House of Abhinandan Lodha (HoABL) has acquired the American Center in South Mumbai’s Marine Lines locality for more than Rs 56 crore, said people familiar with the matter. The deal was registered earlier Friday. The seven-storey iconic property, which was part of the US Consulate General, was built in 1968 and used …
Representative image GURURGRAM: Chintels Paradiso’s builder has submitted an application with the department of town and country planning to redevelop the society in phases. DTCP (headquarters) is expected to send a report to the enforcement wing of the department in Gurgaon soon. If accepted, the builder will be able to reconstruct the towers declared unsafe …
Representative image AHMEDABAD: The Ahmedabad Municipal Corporation (AMC) East Zone officials sealed 333 properties belonging to tax defaulters. The civic body collected Rs 43.25 lakh of overdue property taxes after issuing notices to defaulters. Some defaulters provided advance cheques totalling Rs 45 lakh to prevent their properties from being sealed. The property tax department of …
AMC Takes Tough Stand on Property Tax Defaulters, Seals 333 Units, – Homevior Read More »
Representative image PANAJI: Mapusa police booked eight people on Friday for selling a property at Parra for Rs 85 lakh to a New Delhi-based real estate company, P K S Estate, by allegedly misrepresenting themselves as the legal heirs of the property, said Mapusa PI Nikhil Palekar. Akash Vinod Mishra, the authorised signatory of P …
Mapusa police book eight for illegally selling Parra land to P K S Estate, – Homevior Read More »
Representative image NAVI MUMBAI: The Navi Mumbai Municipal Corporation (NMMC) has identified 527 buildings as hazardous structures under Section 264 of the Maharashtra Municipal Corporation Act. It is urging structural assessment of properties over 30 years old, following a recent ward-wise assessment for 2024-25. According to Section 265(a), buildings exceeding 30 years of usage require …
Representative image GURUGRAM: Circle rates for registering properties are set to increase in a range of 10-30%, a development that could drive up housing prices in the city, which is already among India’s costliest real estate markets. The new circle rates, district administration officials said on Friday, will come into effect from Dec 1 and …
Representative image GURUGRAM: Circle rates for registering properties are set to increase in a range of 10-30%, a development that could drive up housing prices in the city, which is already among India’s costliest real estate markets. The new circle rates, district administration officials said on Friday, will come into effect from Dec 1 and …
Representative image GURUGRAM: Circle rates for registering properties are set to increase in a range of 10-30%, a development that could drive up housing prices in the city, which is already among India’s costliest real estate markets. The new circle rates, district administration officials said on Friday, will come into effect from Dec 1 and …
