Category: Other Cities

285 promoters receive show-cause warnings from Odisha RERA for breaking regulations.

January 5, 2024

BHUBANESWAR: The Odisha Real Estate Regulatory Authority (ORERA) has sent show cause letters to 285 builders for failing to publish the Quarterly Progress Report (QPR) of ongoing projects around the state on the authority’s website, meaning that time is running out for misbehaving promoters. As per the regulations, real estate project promoters are required to […]

285 promoters receive show-cause warnings from Odisha RERA for breaking regulations.more

Tamil Nadu: The Income Tax Department raids seven locations owned by businesspeople and real estate companies.

COIMBATORE ERODE, CHENNAI: On Tuesday, income tax investigators conducted concurrent searches at various locations in Chennai, Coimbatore, Erode, and Namakkal that were connected to real estate firms, pumpset manufacturers, and construction companies operating in Coimbatore and Erode. Searches were conducted at 7 locations in Coimbatore and 10 locations in Chennai, including Aminjikarai, Anna Nagar, Egmore, […]

Tamil Nadu: The Income Tax Department raids seven locations owned by businesspeople and real estate companies.more

The action taken by MahaRERA over non-compliance leads to a rise in quarterly project updates.

January 4, 2024

Even before the regulator issues a warning, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has noticed a rise in the number of projects adhering to the necessary requirement of Quarterly Progress Reports (QPR). More than 222 projects, or 46.25% of the 480 projects registered in April 2023, have been prompted by the regulator’s rigorous action […]

The action taken by MahaRERA over non-compliance leads to a rise in quarterly project updates.more

Indore: Building under construction demolished for breaching NGT regulations

January 1, 2024

INDORE: An under-construction building was demolished by Indore Municipal Corporation (IMC) on Friday due to the owners’ failure to get necessary clearances and violation of National Green Tribunal (NGT) regulations. The IMC team arrived at Triveni Nagar on Friday morning in response to a resident welfare association’s complaints regarding an unauthorized building being constructed on […]

Indore: Building under construction demolished for breaching NGT regulationsmore

A civic body in Indore has identified 2,500 people who have not paid their water and property taxes.

December 31, 2023

INDORE: About 2500 people have been recognized by the Indore Municipal Corporation (IMC) as defaulters with over Rs 1 lakh in unpaid property and water taxes. “We have located about 2500 defaulters who owe property and water taxes totaling at least Rs 1 lakh or more. Of them, roughly Rs 200 crore is still owed […]

A civic body in Indore has identified 2,500 people who have not paid their water and property taxes.more

The Nashik local government gains Rs 46 crore in revenue in six months by bringing 25,000 houses inside the tax net.

December 30, 2023

NASHIK: Over the previous six months, the Nashik Municipal Corporation’s (NMC) property tax department has added 25,000 new properties to its tax rolls, according to a Tuesday statement from officials. 60% of these 25,000 properties come from just the Panchavati and Cidco divisions. According to NMC authorities, these properties will generate an additional Rs 46 […]

The Nashik local government gains Rs 46 crore in revenue in six months by bringing 25,000 houses inside the tax net.more

DDA petitions the HC to overturn the stay on the apartment demolition.

December 25, 2023

NEW DELHI: Delhi Development Authority filed an application with the high court on Friday, attempting to lift the stay placed on its proposal to destroy the north Delhi neighborhood’s Signature View Apartments. Responding to a plea filed by nine Mukherjee Nagar apartment dwellers, the Delhi High Court last month mandated that DDA refrain from using […]

DDA petitions the HC to overturn the stay on the apartment demolition.more

Just 18% of MahaRERA recovery warrant orders have been completed.

December 24, 2023

PUNE: According to the most recent data available from the Maharashtra Real Estate Regulatory Authority (MahaRERA), for the last six years, the 13 district collectorates in the state have only executed 204 recovery warrant complaints out of a total of 1,123 complaints. Out of Rs 736.66 crore, just 18% of the cases have been resolved, […]

Just 18% of MahaRERA recovery warrant orders have been completed.more

Nashik local authority is organizing a crusade to take action against property tax defaulters in January 2024.

December 20, 2023

NASHIK: The Nashik Municipal Corporation (NMC) has determined that in January of next year, it will launch a recovery campaign against property tax defaulters. Officials from the civic body were notified by NMC commissioner Ashok Karanjkar to meet the goal of collecting Rs210 crore in property taxes by the end of December of this year. […]

Nashik local authority is organizing a crusade to take action against property tax defaulters in January 2024.more

SC upholds Palais Royale’s 2019 sale to Pune’s Honest Shelters.

December 18, 2023

MUMBAI: There could be a glimmer of hope for dozens of high net worth individuals who paid tens of crores a decade ago to book luxury apartments in the 3,500-crore Palais Royale, a skyscraper in Worli. At294m (56 floors), it is one of the tallest residential towers in the country. On December 6, the SC […]

SC upholds Palais Royale’s 2019 sale to Pune’s Honest Shelters.more

Category: Other Cities

Sign Up for our Free Newsletter