Category: Project

Tamil Nadu’s increased property registration guidelines are overturned by the Madras High Court.

January 9, 2024

CHENNAI: A March 2023 circular from the Tamil Nadu government raising the guideline value of properties in places like Chennai, Coimbatore, and Madurai by 33% was overturned by the Madras High Court on Thursday. Judge P. Velmurugan invalidated the circular on procedural grounds, stating that while the government was allowed to raise the guideline value, […]

Tamil Nadu’s increased property registration guidelines are overturned by the Madras High Court.more

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

January 5, 2024

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

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

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

More than 35% of the properties in Pimpri Chinchwad are not tax-registered.

December 7, 2023

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

The Bihar government is instructed by the SC to make sure that no new development is done next to the Ganga.

December 5, 2023

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

Category: Project

Sign Up for our Free Newsletter