An only extremely rich individuals can afford this. R K Damani, the owner of the big retail chain D-Mart, has paid Rs 65 crore to convert 1.4 acres (7,634 sqm built-up area) of leased land to freehold. The state revenue department has levied a surcharge of 25% of the ready reckoner rate for the conversion. […]
D-Mart owner pays Rs 65 crore for freehold land conversion in Mumbai.more
THANE: June 22 (PTI)The City and Industrial Development Corporation (CIDCO), an agency of the Maharashtra government, has waived delayed payment charges on 5th and 6th installments under its 2018-19 housing scheme and would refund this money to 3,417 applicants, it said on Tuesday. About Rs 1. 07 crore in total will be refunded to those […]
CIDCO to refund delayed payment charges to housing scheme applicants.more
Multiplexes and cinema halls have scarcely been open since the outbreak began and have been forced to close because of limitations set to control the spread of Covid-19. The state administration announced on Tuesday a total exemption from property tax for owners of multiplexes, movie halls, and gyms for the fiscal year 2021-22. The state […]
Gujarat Government provides property tax relief to multiplexes, gym owners.more
Investments in land and buildings necessary for a project will not be included under the production linked incentive (PLI) scheme for ACs and LED lights, and will not be included when establishing a company’s eligibility to benefit from the program. This is part of the rules provided on Friday by the Department for Promotion of […]
Land and building investments are not covered under the PLI scheme.more
Hyderabad: The stage is all set for digital land survey across the State. Chief Secretary Somesh Kumar on Tuesday held a preliminary meeting with various companies to take up digital land survey in the Telangana State. A total of 17 companies participated in the discussion. The Honourable Chief Minister K Chandrashekar Rao is likely to […]
Telangana Gearing up For Digital Land Surveymore
PNB Housing Finance’s board of directors has approved an Rs 4,000 crore capital raise plan by the preferential issue of equity shares and warrants, according to a press statement. Pluto Investments, a Carlyle Asia Partners IV, L.P. and Carlyle Asia Partners V, L.P. affiliate, has decided to invest up to Rs 3,185 crore at preferential […]
PNB Housing is going to raise Rs 4,000 crore from Carlyle Group, others.more
On May 31, 2021, online real estate portal Housing.com and the global business school Indian School of Business (ISB) announced the launch of their Housing Pricing Index (HPI), which will assist potential homebuyers in determining the best time to buy a property and sellers in determining the best time to sell their assets. Homebuyers, investors, […]
Pricing index for housing launched to help homebuyers make informed purchase decisions.more
The Chief Minister said if anyone has taken shop or house on the municipal land either on rent or lease or by paying license fee for 20 years or more then all such occupiers would be given ownership right under this policy.Haryana Chief Minister Manohar Lal Khattar on Sunday announced that people, who have shops or houses on […]
Haryana Offers Ownership Rights To Municipal Tenants.more
The Confederation of Real Estate Developers Associations of India(CREDAI)Andhra Pradesh has urged the government to take steps to reduce the registration stamp duty from 7.5% to 2% to help the real estate sector which is reeling under the impact of COVID 19. This move would benefit the homebuyers, and they would be able to purchase […]
CREDAI Andhra Pradesh Urges for Stamp Duty Cut to Boost Realty.more
The regulator had found that PACL Ltd, which had raised money from the public in the name of agriculture and real estate businesses, collected more than Rs 60,000 crore through illegal collective investment schemes (CISs) over 18 years. The properties being attached are land parcels situated at Banur in Punjab, the Securities and Exchange Board of […]
SEBI orders attachment of PACL properties in Punjab to recover Investors Money.more
