Category: World Real Estate News

UP-RERA Directs Authorities to Halt Issuance of Temporary Occupancy Certificates

July 13, 2024

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has instructed competent authorities to cease issuing temporary completion certificates (C.C.) or occupancy certificates (O.C.), as these are not permissible under current laws. In addition, UP-RERA has mandated that all industrial and housing development authorities must specify the names of the relevant towers or blocks […]

UP-RERA Directs Authorities to Halt Issuance of Temporary Occupancy Certificatesmore

Bengaluru Civic Body Collects Just Rs 463 Crore Property Tax Through OTS.

July 11, 2024

BENGALURU: The BBMP’s ‘One Time Settlement’ (OTS) initiative, aimed at recovering overdue taxes, has seen a lackluster response. With the July 31 deadline nearing, the civic body has collected just Rs 463.03 crore, leaving Rs 624.88 crore unpaid. BBMP officials have collected Rs 73.9 crore in the Bommanahalli zone, with Rs 82.77 crore outstanding. In […]

Bengaluru Civic Body Collects Just Rs 463 Crore Property Tax Through OTS.more

MahaRERA Takes Action Against 628 Projects for Registration and QR Code Non-Compliance

July 8, 2024

MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has proactively targeted 628 housing projects across the state for failing to comply with regulations requiring the display of registration numbers and QR codes in advertising materials. Of these 628 projects, 312 are from the Mumbai region, including Mumbai, Mumbai suburban, Thane, Nashik, and Konkan. About 250 […]

MahaRERA Takes Action Against 628 Projects for Registration and QR Code Non-Compliancemore

Gujarat RERA Halts Over 1,000 Project-Linked Bank Accounts.

July 4, 2024

In a significant setback for developers throughout Gujarat, over 1,000 real estate project-linked bank accounts have been frozen by the Gujarat Real Estate Regulatory Authority (GujRERA) due to non-compliance issues. Developers of these projects failed to meet Quarter-End (QE) compliances by not updating the project completion status with GujRERA within the specified deadline or seeking […]

Gujarat RERA Halts Over 1,000 Project-Linked Bank Accounts.more

The Rise of Farmland as a Secure, Long-Term Investment Choice

July 2, 2024

Vijay Chaudhary, chairman, Ram Rattan Group & Dalmia Ram Rattan In recent years, farmland has increasingly caught the attention of investors seeking stable, long-term investments. This trend is driven by a variety of factors such as environmental and Social Impact, diversification benefits farmland offers, and its potential for value appreciation. According to an IBEF […]

The Rise of Farmland as a Secure, Long-Term Investment Choicemore

Bengaluru local government would allow Rs 5 lakh in khata-less houses to use the OTS tax provision.

June 28, 2024

BENGALURU: The owners of more than 5 lakh khata-less homes in the city will soon get the chance to take advantage of Bruhat Bengaluru Mahanagara Palike’s (BBMP) one-time settlement (OTS) initiative and settle their property tax debts, avoiding fines and interest. The Lok Sabha elections caused a delay in the March OTS launch, according to […]

Bengaluru local government would allow Rs 5 lakh in khata-less houses to use the OTS tax provision.more

Despite the MahaRERA guideline, just 195 projects established grievance redressal cells.

June 26, 2024

Just 195 properties in the state have created the grievance redressal cell, despite the Maharashtra Real Estate Regulatory Authority’s mandate to realty developers to do so for their individual developments. In order to address the complaints of homeowners, the regulator has reviewed the matter and is currently preparing to take legal action against the developers […]

Despite the MahaRERA guideline, just 195 projects established grievance redressal cells.more

BOP and Gaurs Group introducing a guaranteed income investment plan.

June 22, 2024

Mr. Gaurav Mavi, Co-founder of BOP Group. Questionnaire – 1) Please share a brief on Gaur World Smart Street and BOP partnership. For those unaware of the partnership, at BOP — we have been focused upon quality real estate consultancy since inception and this collab is a step forward on the same value quotient. The […]

BOP and Gaurs Group introducing a guaranteed income investment plan.more

In FY25, the Greater Noida Authority would increase land allocation rates by 5.30%.

June 17, 2024

NOIDA: An official release states that the board of the Greater Noida Industrial Development Authority (GNIDA) approved a proposal on Saturday to raise land allocation rates by 5.30 percent for the 2024–25 fiscal year. According to the GNIDA, Greater Noida and Greater Noida West (also known as Noida Extension) will soon see the completion of […]

In FY25, the Greater Noida Authority would increase land allocation rates by 5.30%.more

Future Prospects: How Dwarka Expressway is Shaping Up as India’s Next Business Hub.

June 16, 2024

Mr. Aman Sharma, Managing Director of Aarize Group In the thriving commercial real estate dynamics of Delhi-NCR, Dwarka Expressway has evolved as a hot-button name, catching the attention of both investors and property buyers. In the growth story of Gurugram’s development, this 29-km-long stretch has set a significant milestone in fueling the economic growth of […]

Future Prospects: How Dwarka Expressway is Shaping Up as India’s Next Business Hub.more

Category: World Real Estate News

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