Recently, an order from the state department of cooperative housing regarding society in south Pune confused cooperative housing societies, resulting in members seeking clarification.… Read more
The circle rates in Noida to increase by upto 5%
Tags: Circle Rates
If you’re planning to buy a real estate property in Gautam Buddh Nagar, be ready to spend more. The concerned district administration has decided to hike circle rates in Greater Noida, Yamuna Expressway, and Noida by approx. 5% for the first time in so many years. … Read more
Registration process for MSMEs simplified – only Aadhar and PAN Required now
Tags: MSME
The Micro, Small, and Medium Enterprises (MSMEs) significantly contribute to the Indian economy and growth of entrepreneurial ventures through reform. To help ease MSMEs registration, the government of India recently announced to simplify the process.… Read more
DDA Flats: extension of the last date for interest-free payment of flats to August 31
Tags: DDA
DDA (Delhi Development Authority) has announced the extension of the last date for interest-free payment of the flats allotted under the 2021 Housing Scheme to August 31. … Read more
Realtors convert commercial projects into residential amid tepid demand
Tags: Commercial
As a result of the Covid-19 outbreak, numerous realtors have transformed their commercial projects into residential ones. So far this year, about 25 commercial projects have been converted to residential developments. In the instance of 20 commercial developments in Ahmedabad Municipal Corporation areas, revised building designs have been authorised (AMC). Five more projects in the Ahmedabad Urban Development Authority (AUDA) area have been converted from commercial to residential.… Read more
Maharashtra doubles builder bonanza in redevelopment schemes
Tags: Redevelopment
According to property market sources, builders will now be eligible to get a 75 percent to 100 percent greater incentive to sell on the open market than the previous 50 percent to 70 percent. Tenants in such buildings will receive only a meager 8% extra space in the new, rebuilt tower, rather than the current 5%. … Read more
Kolkata: high-rise buildings will soon have rooftop gardens and rainwater harvesting
Tags: Green Initiative
In March, the New Town Kolkata Development Authority (NKDA) issued an advisory directed towards a sustainable life.… Read more
Mangalore authority slashes betterment fees by 80% – what is it about?
Tags: Realty News
In recent announcements from Mangalore Urban Development Authority (MUDA), the betterment fee for real estate was revoked for layout, single-site, and five-time land change, after request acceptance from the government. This revised fee was approved by the state Chief Minister, BS Yediyurappa and the Urban Development ministry headed by BA Basavaraja.… Read more
West Bengal budget FY22: stamp duty to be cut by 2%, circle rates by 10%
Tags: West Bengal
As part of its Rs 3.08-lakh-crore budget presented in the legislature on July 7, the West Bengal government opted to grant a 2 percent stamp duty rebate for deed registration and lowered circle rates by 10%.… Read more
The NMC has offered 10% rebate for paying property taxes before 30th June
Tags: Tax
The NMC or Nagpur Municipal Corporation has offered a 10% rebate for paying property tax to those who clear the dues before June 30th. This is done so that more citizens pay their property tax on time.… Read more
