Category: NCR Region

Mumbai Property Registrations Surge by 22% in October 2024 boosted by High-Value Transactions in festive season

November 8, 2024

Mumbai’s property market witnessed a robust surge in registrations in October 2024, with a 22% year-on-year increase to 12,960 units, driven by heightened demand during the festive season, as reported by Knight Frank India. The data highlights the impact of the Dussehra and Diwali celebrations on the city’s real estate activity, particularly in the municipal […]

Mumbai Property Registrations Surge by 22% in October 2024 boosted by High-Value Transactions in festive seasonmore

Over 200 New Projects Registered with Uttar Pradesh RERA between January and October 2024

October 27, 2024

NEW DELHI: From January 2024 through October 2024, approximately 220 new projects have been officially registered with the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA). This marks a considerable increase compared to previous years, as 190 projects were registered in 2023 and 215 in 2022. This trend highlights the strong growth in real estate developments […]

Over 200 New Projects Registered with Uttar Pradesh RERA between January and October 2024more

Key date of residence for tax benefits: ITAT

May 25, 2024

MUMBAI: The Mumbai bench of the Income-tax Appellate Tribunal (ITAT) has concluded recently that, in the instance of an under-construction property, the date of possession is what counts toward qualifying for a tax advantage under section 54 of the Income-tax (I-T) Act. This decision is significant because it establishes a deadline for making an investment […]

Key date of residence for tax benefits: ITATmore

Max Estates announces strategic investment of INR 388 Crore from New York Life Insurance Company.

May 20, 2024

Max Estates to use proceeds for expanding in the high growth residential market for fuelling residential growth 01st May 2024, New Delhi: Max Estates Limited, the real estate arm of the Max Group, today announced a strategic investment of INR 388 Crore from New York Life Insurance Company, America’s largest mutual life insurer[1]. Upon the transaction’s close, New […]

Max Estates announces strategic investment of INR 388 Crore from New York Life Insurance Company.more

LAUNCH OF TARC KAILASA

April 5, 2024

TARC Limited, New Delhi-based luxury Real Estate company listed on NSE & BSE announced the launch of its ultra-luxury; high-rise New Delhi Residential Project TARC KAILASA centrally located in New Delhi on main Patel Road. The Company proudly announced one of the biggest launches in the capital city. TARC KAILASA, a 1.7 million square feet […]

LAUNCH OF TARC KAILASAmore

Notices are sent to 41 unregistered plot projects by MahaRERA.

February 3, 2024

PUNE: The Real Estate Regulatory Authority of Maharashtra has released 41 unregistered plotted development projects in the state that were publicized without the required MahaRERA registration received notices. While conducting property inspections in response to purchasers’ complaints about project delays in rural areas, MahaRERA authorities discovered that developers of numerous planned areas had sold units […]

Notices are sent to 41 unregistered plot projects by MahaRERA.more

On February 5, the Pune local council will auction off the properties of tax defaulters.

January 11, 2024

PUNE: To recoup debt totaling Rs. 16 crore, the civic authority will auction off the properties of tax defaulters on February 5. Of the 200 properties the administration has designated for recovery, 32 will be auctioned on February 5. “All the property owners who are in arrears have received notifications from the administration. They were […]

On February 5, the Pune local council will auction off the properties of tax defaulters.more

Pune municipal council seizes 40 items for unpaid property taxes.

November 6, 2023

PUNE: Since the measures’ inception four days ago, the PMC has been actively working to seal the properties of property tax defaulters, taking action against forty assets. Ajit Deshmukh, head of the property tax department, stated, “The defaulters received notices from the civic administration.” We started the sealing procedure when they refused to pay after […]

Pune municipal council seizes 40 items for unpaid property taxes.more

Notices are sent to 2.4 lakh property tax defaulters by the Nashik civic authority.

October 26, 2023

NASHIK: With a combined debt of over Rs470 crore, the Nashik Municipal Corporation’s (NMC) property tax department has given letters to 2.4 lakh defaulters. The NMC has instructed the defaulters to pay their taxes within 15 days; if they don’t, the civic organization will begin the warrant-issuing process. For the current fiscal year (2023–24), the […]

Notices are sent to 2.4 lakh property tax defaulters by the Nashik civic authority.more

MahaRERA may impose fines on contractors who fail to include QR codes in their ads.

September 15, 2023

NAGPUR: Realtors claim that since the Maharashtra- Real Estate Regulatory Authority (MahaRera) mandated that builders print a QR code for each project in their advertising materials, transparency has been guaranteed. There have not yet been any complaints, according to sources at the Rera headquarters in Nagpur. A builder may be penalized up to 5% of the […]

MahaRERA may impose fines on contractors who fail to include QR codes in their ads.more

Category: NCR Region

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