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Representative image BEIJING: Beijing and Shanghai have announced tax breaks to spur home purchases as distress in the property sector continues to drag on growth in the world’s second-largest economy. Other major Chinese cities are widely expected to follow suit and the measures come on the heels of some tax breaks on home and land …

China’s Beijing, Shanghai announce tax breaks to boost property markets, – Homevior Read More »

File photo NEW DELHI: Union Housing and Urban Affairs Minister Manohar Lal Khattar on Monday said states and Union territories have played a pivotal role in the successful implementation of the Pradhan Mantri Awas Yojana (PMAY). In a statement, the housing and urban affairs ministry said that the minister highlighted the PMAY-U 2.0 Scheme, its …

Housing minister lauds states and UTs for role in successful implementation of PMAY, – Homevior Read More »

File photo NEW DELHI: Deepika Padukone and Ranveer Singh have leased an apartment in Beau Monde Towers co-operative housing society, Prabhadevi, Mumbai for a monthly rent of Rs 7 lakh, informed Square Yards in a media release. The apartment spans a carpet area of 2,319.50 sq ft, along with three dedicated car parking spaces. The …

Deepika Padukone and Ranveer Singh rents apartment in Mumbai, , – Homevior Read More »

Representative image INDORE: Indore Municipal Corporation (IMC) on Monday demolished illegal portions of 63 houses that were obstructing road widening work in Nandbagh area of Tigariya Badshah Senior IMC officials said notices informing residents about the impending demolition of unauthorized extensions to their property were issued a week ago. As several residents failed to comply …

Indore Municipal Corporation Demolishes Illegal Extensions of 63 Houses for Road Widening Project, – Homevior Read More »

Representative image GURUGRAM: The municipal corporation is owed Rs 1,881 crore property tax, of which 15% is owed by 100 defaulters, each of whom has to pay more than Rs 1 crore. According to the corporation data, 100 major defaulters owe the corporation Rs 288.4 crore. The remaining Rs 1593 crore is owed by 4.9 …

MCG Targets Major Property Tax Defaulters as Dues Reach 1,881 Crore, – Homevior Read More »

NEW DELHI: Municipal corporations need to impose adequate user charges for essential services like water supply and sanitation, to boost non-tax revenues and provide quality public services, according to a Reserve Bank of India (RBI) report. The ‘Report on Municipal Finances’ delves into the fiscal position of 232 municipal corporations (MCs) from 2019-20 to 2023-24 …

Municipal corporations need to impose adequate user charges to provide better facilities: RBI report, – Homevior Read More »

Representative image BEIJING: Shanghai said on Monday it would reduce some taxes on real estate transactions from Dec. 1, according to state media, a move designed to support the property market in China’s second-largest city. China has been aiming to bolster the crisis-hit property market by increasing demand and easing developers’ financial difficulties, with its …

Shanghai to reduce taxes on real estate transaction from December 1: State media, – Homevior Read More »

Representative image BEIJING: Shanghai said on Monday it would reduce some taxes on real estate transactions from Dec. 1, according to state media, a move designed to support the property market in China’s second-largest city. China has been aiming to bolster the crisis-hit property market by increasing demand and easing developers’ financial difficulties, with its …

Shanghai to reduce taxes on real estate transaction from December 1: State media, – Homevior Read More »

Representative image BEIJING: Shanghai said on Monday it would reduce some taxes on real estate transactions from Dec. 1, according to state media, a move designed to support the property market in China’s second-largest city. China has been aiming to bolster the crisis-hit property market by increasing demand and easing developers’ financial difficulties, with its …

Shanghai to reduce taxes on real estate transaction from December 1: State media, – Homevior Read More »

File photo HUBBALLI: The govt introduced the E-Aasthi system in March 2023 to prevent fraud in the sale and transfer of properties. However, HDMC is making citizens run from pillar to post for 8-9 months to obtain a certificate. Personnel handling the process are allegedly demanding bribes to issue E-Aasthi certificates. Many a times, they …

Hubballi Residents Outraged Over Corruption and Delays in E-Aasthi Certificate Processing, – Homevior Read More »