GURUGRAM: Five real estate developers, some of whom run hotel chains and schools in the city, are accused of evading taxes by $400 million, according to 200 I.T. officers who have been conducting raids at 28 locations over the past five days. The raids started at 5 a.m. on September 14 and are still going […]
The income tax division searches five builders and discovers “Rs 400 crore tax evasion.”more
NEW DELHI: The Competition Commission has ordered the Chandigarh Housing Board (CHB) to stop engaging in anti-competitive acts and has decided not to levy any penalties because the organization has already implemented corrective measures. It was claimed that CHB exploited its dominating position by, among other things, imposing unreasonable conditions and clauses on allottees in […]
CCI orders Chandigarh Housing Board to stop anti-competitive behaviour.more
CHANDIGARH: The Chandigarh Municipal Corporation (MC) has begun sending collection notifications as part of an aggressive enforcement strategy against property tax defaulters. There are about 30,000 homeowners that owe residential property taxes but have not made their payments by the deadline. According to sources who have been made public, the MC has already notified over […]
3,500 people in Chandigarh who have not paid their property taxes are given notices.more
CHANDIGARH: The municipal corporation (MC) and the postal service have partnered to issue property tax invoices to residents starting at the end of March and the first week of April. If they pay between April 1 and May 31, taxpayers will receive rebates—20% for residential properties and 10% for commercial structures. Defaulters will start paying […]
Chandigarh: Your April property tax invoices will arrive in the mail.more CHANDIGARH: The no dues certificate (NDC) can be promptly obtained from the Chandigarh Housing Board (CHB) website, which is a huge relief for the majority of allotters and applicants. Nowadays, allottees and applicants must file an application for NDC before requesting a variety of services, including permission to transfer units, change addresses, or get a […]
The Chandigarh Housing Board website no longer has a dues certificate.more
CHANDIGARH: The Chandigarh Housing Board (CHB) has decided to build 340 flats rather than 492 at a cost of Rs 208.65 crore in its Sector 53 housing scheme. Around 100 one-bedroom flats will be demolished, and the number of flats for the economically disadvantaged (EWS) will be reduced from 80 to 48. According to the […]
In Sector 53, the Chandigarh Housing Board will build 340 flats instead of 492.more CHANDIGARH: The Municipal Corporation (MC), which has been focusing on defaulters who owe a large amount of property tax, has written a DO (demi-official) letter to top officials of Chandigarh Railway Station, going to ask them to deposit tax of around Rs 2.30 crore. The sum also includes arrears owed to the authority by the […]
The Chandigarh civic body has requested that the railways, the UT, Punjab, and Haryana governments pay property tax.more
CHANDIGARH: The state consumer dispute redressal commission, UT, ordered DLF Homes and its directors to pay former Lieutenant General K J Singh and his wife Anita Singh Rs 1.35 lakh in lump sum compensation for causing mental agony and harassment, as well as litigation costs, within 30 days of receipt of a certified copy of […]
DLF Homes has been ordered by the SCDRC to pay home buyers Rs 1.35 lakh.more
CHANDIGARH: Finance Minister Harpal Singh Cheema and Revenue Minister Brahm Shanker Jimpa agreed on Thursday to reduce the time it takes to issue no objection certificates (NOCs) from 21 to 15 working days in order to avoid unnecessary disputes and litigations during property sales and purchases. Cheema proposed at a meeting here at Punjab Bhawan […]
Property owners in Punjab will receive NOC in 15 days, according to the Minister.more
By Abhay Shah, Realty Quarter The Government of Singapore Investment Corp (GIC) is planning to strengthen its position in the Indian real estate and hospitality space by acquiring GVK promoter group stake in Taj-GVK Hotels and Resorts as the sovereign investment vehicle of the South East Asian country. GIC is expected to mandate the Indian […]
GIC is in a plan to obtain stakes of GVK promoter group in Indian Hotels joint venture.more