Trending now

Category: Property Updates

Buy property cheaply at auction

On February 5, the Pune local council will auction off the properties of tax defaulters.

January 11, 2024

PUNE: To recoup debt totaling Rs. 16 crore, the civic authority will auction off the properties of tax defaulters on February 5. Of the 200 properties the administration has designated for recovery, 32 will be auctioned on February 5. “All the property owners who are in arrears have received notifications from the administration. They were […]

On February 5, the Pune local council will auction off the properties of tax defaulters.more

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
Income Tax Department

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

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

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


Navratri Event

Sign Up for our Free Newsletter

Enter your email address: