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: 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
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
GURUGRAM: On his first day of work, Arun Kumar, the new chief of the city bench of the Haryana Real Estate Regulatory Authority (H-Rera), gave senior officials instructions to address allottee concerns within the allotted time frame. “To help both parties — the developer and the allottees — a conciliation bench should be set up […]
A conciliation bench is necessary to swiftly settle complaints: The chairman of Haryana RERAmore
NEW DELHI: Within six months of the conclusion of the fiscal year, the promoter must have the project accounts audited and upload the audited balance sheet to the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) website. The project’s financial records will be examined by an authorized panel auditor if there are significant inconsistencies or complaints. […]
Builders must have project accounting audited by UP-RERA within six months of the conclusion of the fiscal year.more
PATNA: During an audit exercise in ten districts of Bihar, it was discovered that benefits under the Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) were being provided to deceased persons, installments were being paid to those who were not eligible for the scheme, and full assistance was being paid against non-existent houses, an official said on Saturday. […]
Benefits under PMAY-G given to ineligible and deceased individuals: In Bihar, auditors discovermore PUNE: An ongoing survey found that almost 35 percent of the properties in the CΜΡ boundaries are not registered with the property tax department. In order to assign a Unique Property Identification Code (UPIC), which will function as a unique ID for all properties under the PCMC jurisdiction, the administration of Pimpri Chinchwad Municipal Corporation […]
More than 35% of the properties in Pimpri Chinchwad are not tax-registered.more NEW DELHI: The Bihar government has been instructed by the Supreme Court to make sure that no more building occurs next to the Ganga River, especially in the Patna area. Judges Aniruddha Bose and Augustine George Masih’s bench ordered the state administration to submit an affidavit notifying it of the demolition of illegal constructions that […]
The Bihar government is instructed by the SC to make sure that no new development is done next to the Ganga.more
MUMBAI: A vacation bench of the Bombay High Court upheld the BMC’s November 10 notice to tenants of a Malad building to vacate in anticipation of its immediate demolition, ruling that the mere demolition of a building will not affect the petitioners’ alleged tenancy rights and that they will be entitled to be reconstructed as […]
Bombay High Court: Demolition of building won’t affect tenancy rights.more NEW DELHI: The deputy chief minister of Maharashtra, Devendra Fadnavis, described the current interest rate that MHADA is collecting from developers as extremely high and said that it must be lowered in order to be comparable to that of the BMC. In order to lower the current rate of 18% compound interest to the rate […]
It is concerning that MHADA is charging 18% interest: Maharashtra’s deputy chief ministermore