Category: Property Updates

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

Mumbai: Developers are now required to provide rehabilitation tenants with more space.

November 4, 2023

MUMBAI: The urban development department of the state has suggested that all BMC and Mhada rehab homes have a floor area of 405 square feet. Section 15 of the notification reads, “The fungible compensatory area admissible on rehab component will be given without charging a premium and such reusable compensatory area for rehabilitation section shall […]

Mumbai: Developers are now required to provide rehabilitation tenants with more space.more

2,000+ property tax defaulters under the scrutiny of the Chandigarh civic government

November 3, 2023

CHANDIGARH: The municipal corporation (MC) is prepared to begin attachment procedures against the top 2,000 owners of commercial and residential real estate who have not paid their property taxes, following many demand notices. The majority of defaulters have not deposited their dues within the allotted time frame. In accordance with Municipal Act Section 138, the […]

2,000+ property tax defaulters under the scrutiny of the Chandigarh civic government more

Bombay HC: Tenants living in abandoned buildings are required to occupy 405 sq ft rehab units.

October 26, 2023

MUMBAI: In a major decision on Monday, the Bombay High Court upheld the right of residents in cessed buildings to receive 405 square feet of carpet for their rehab apartment. 59 people who live in Mohamed Tajbhai chawl in Worli disputed the decision of Oricon Properties Pvt Ltd, the developer, to give them a 351 […]

Bombay HC: Tenants living in abandoned buildings are required to occupy 405 sq ft rehab units.more

Category: Property Updates

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