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India
Bombay HC denies developers from retro TDR even after surrendering land to BMC
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In a recent hearing, the Bombay high court rejected petitions made by various reputed developers that sought 75% of 100% rights to develop somewhere else as the replacement of roads that are constructed by them to the Mumbai Metropolitan Region Development...
India
Commercial Market continues growth in 2019: Report
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A recent report by JLL India states that the commercial real estate in India has continued to grow at a fast pace in 2019. The industry has outperformed in the first nine months and is expected to cross the 40 million...
India
Lucknow Municipal Corporation plans to offer House Tax on Mobile
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The LMC i.e Lucknow Municipal Corporation has planned to offer all house tax-related details on mobile. The civic body decided to provide the property tax information to the property owners via SMS on the mobile phones. As per the data of...
Finance
Things to Remember While Deciding on Prepayment of Home Loan
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A home loan is something that most of the people avail. Therefore you must not feel shy to accept the fact that you are paying a good amount on a monthly basis to the bank. But, there are people who don’t...
India
BMC Collects Rs. 500 Crore property tax in last 26 Days
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The Brihanmumbai Municipal Corporation collected Rs. 500 crore as property tax in the past 26 days. The team of civic body is making property tax assessment since 1st March and asking the city residents to pay the tax on time as...
India
Now, Just Take Aadhaar to Register Property in Maharashtra
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In a positive move which will help many home buyers in Maharashtra, the state department of registration and stamps recently issued a notification which allows Aadhaar verification for property registration instead of independent witness. With this development, this state has now...
India
UP Govt to Conduct GIS Survey of Properties in Over 11 Cities
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The Uttar Pradesh Government hired five private entities to prepare a database of properties and also to figure out property tax defaulters. These companies will conduct GIS mapping of 14 cities including Agra, Lucknow, Ghaziabad, Prayagraj, Kanpur and Meerut. The survey...
India
Karnataka RERA receives poor Response, Realtors blame Technical snag for delay in details Submission
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In May this year, the Karnataka State Government notified the clause of Act for quarterly updates. However, the Karnataka RERA postposed the same as the system on builders end was not ready after which the authority again notified the clause in...
India
Finance Ministry: GST not to be levied on Sale of Flats post issuance of Completion Certificate
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The Union Finance Ministry recently said that the Good and Services tax i.e. GST will not be imposed on the home buyers who are offered with...
Home Decor
Renovate your house perfectly with these ‘Antiques’: Here is how
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When it comes to renovating your house, the first thing which bothers any owner is the cost associated with it. But how can we forget those...
India
Amrapali Case in SC Forensic Auditors Reveal details about appointment of Directors, Flat bookings
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On Wednesday, the Supreme Court was informed about the appointment of peons as the directors of Amrapali’s two companies and this appointment was made in 2015-16....
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In Gurugram, DTCP razed more than 50 Illegal Colonies in Six Months
Early this week, DTCP i.e. the department of town and country planning released a list and shared the information of the number of demolition...
LDA to Sanction Building Maps Online Soon
LDA i.e the Lucknow Development Authority is planning to go digital now and thus the authority has decided to sanction building maps online soon....
One year of RERA: Over 2500 Projects registered in Gujarat
As Real Estate (Regulation and Development) Act complete its one year of its implementation today, the country has seen a positive spur with many...
In Maharashtra, drones to carry out India’s biggest Land Survey
The BJP-led Maharashtra State Government is going to conduct the biggest ever land survey in modern India and the drones will be used to...
Home Loans to get costlier as RBI hikes repo rate
In a major setback for home loan borrowers, the RBI has increased the repo rate second time in two months from 6 to 6.50%...
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Lifestyle
10 Best Ideas For Republic Day Decoration
Ideas For Republic Day Decoration: In India, we celebrate republic day on 26th January, and we will be celebrating the 72nd Republic day in 2021. On this auspicious day, most of the offices and schools...
News
Investors Clinic makes Rs 350-crore bookings for Migsun project in record time
Investors Clinic achieved this feat just in three daysInvestors Clinic (IC), India’s one of the leading real estate consultancy firms, marks a milestone of achieving bookings worth INR 350 crore in a record breaking time....
Lifestyle
8 Best Plants for Wealth And Prosperity for Your House
8 Best Plants for Wealth And Prosperity: The best plants and trees are the beauty and elegance of the households. Every plant we grow brings positivity to our life. Plants bring good fortune, health, wealth,...
Finance
UP Government Wooing Companies in China To Shift Base To India
In the wake of the geopolitical and economic consequences of the global coronavirus epidemic, many companies are now thinking about moving out of China and shifting their plant to other countries. Japan has also announced...
India
SC orders Government to use Stress Fund for stalled Amrapali projects
The Supreme Court has recently directed the Union Government to use stress fund for the completion of stalled Amrapali projects. A bench of Justices Arun Mishra and U U Lalit ordered the homebuyers to submit their...
India
Economic Affairs Secretary: Window for stalled housing projects to open Soon
The homebuyers and the Indian real estate sector, both have a reason to cheer as the Government plans to introduce a special window for stalled housing projects that is expected to be operational in two...
India
Jaypee Case: Lenders ask NBCC for more Land
The lenders of debt-ridden Jaypee Infratech has recently asked NBCC, the state-owned construction company for providing them with more land that has a clear title. Whereas the homebuyers wish to get compensated for a huge...
India
Housing Minister launches portal for subsidy scheme under PMAY
In a recent development, Hardeep Singh Puri, Union Minister for Urban and Housing Affairs (MoUHA) inaugurated CLSS Awas Portal for the affordable housing beneficiaries as people can track the status of their housing subsidy under...
India
Union Govt direct States to sanction for PMAY Projects by 2020
In a recent development, the Narendra Modi-led Union Government has directed all the States to avail sanction of all pending approvals under the Pradhan Mantri Aawas Yojna by March next year. Hardeep Singh Puri, the...
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Verify these documents before buying ready to move in residence
Owning a house is always a dream for prospective home buyer's especially first-timers. With lots of hectic activities and the problem of possession involved...
YEIDA to submit feasibility report on Delhi-Jewar Airport metro line
The Yamuna Expressway Industrial Development Authority (YEIDA) is currently preparing a feasibility report on developing a non-stop metro service from Greater Noida's Pari Chowk...
Pune Municipal Corporation to offer Home to 165 Families in Ghorpadi
The Pune Municipal Corporation found a route to provide home for more than 165 families from Ghorpadi. The accommodation for these families was searched...
Four Companies qualify to bid for Jewar Airport Project
In a recent development, four companies have cleared both technical and financial requirements and are now in the race to bid for the proposed...
GDA Plans Forensic Audit against 18 Developers in Ghaziabad
Ghaziabad Development Authority is planning to take stringent action against the builders who are yet to offer possession of flats according to the schedule....