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NMC is likely to fall short of property tax collection by 32% for the current financial year

It is expected that one of the civic body, Nashik Municipal Corporation (NMC) may fall short of property tax target by 32 per cent in current financial year due to poor response of tax defaulters. Recently, NMC has already issued warrants and notices to the tax defaulters and is planning to confiscate movable and immovable […]

Revised plan of BMC: Now you have to pay 12% more residential property tax

If new proposed formula of the municipal administration to calculate property tax in the city is approved by the standing committee of the BMC on Wednesday so all the residential property owners will have to pay the 11.74 per cent more residential property tax than what is paid now and it will come in effect […]

MCHI – CREDAI NMR Property Exhibition from APRIL 10 to 13, 2015

      Expo Venue: CIDO Exhibition Centre, Vashi, Navi Mumbai. Date and Time: 11 am to 8 pm from April 10th to April 13th 2015. For all those who are interested to buy property in Mumbai and other parts of Maharashtra MCHI – CREDAI Property Exhibition is a premier platform to deal in the […]

All the properties below 500 sq ft will be excluded from New Tax System

In a positive move to bring relief to around 8 lakh households in the city, BMC has decided to exclude structures below 500 sq ft from the capital value based property tax system once again. They will now continue to pay property tax based on the old system of ready reackoner rates. This fresh proposal […]

In E-Auction, SBI sells 130 properties: Reports

Country’s largest lender, State Bank of India could sell only about 130 properties in its e-auction of 300 assets to release just about Rs 100 crore. As per the senior official of SBI, “we sold around 130 properties, largely residential through the e-auction process to release just Rs 100 crore: The more he added that […]

TCDL signs up Gauri Khan as their brand ambassador

A well known personality, Gauri Khan, film producer, interior designer and wife of Bollywood superstar Shah Rukh Khan has recently joined forces with realty Mega-corp Tulsiani Constructions and Developers Ltd. (TCDL) as their brand ambassador for next two years. Soon in the future advertisements of Tulsiani Constructions and Developers Ltd. (TCDL) Gauri Khan will appear […]

Changes in RBI home loan guidelines are the positive sign for EWS and LIG: DHFL

Harshil Mehta from DHFL believes that new guidelines of RBI may also get extended for middle income group (MIG) which costs around Rs 12 to 15 lacs in tier-2 and tier-3 cities. To provide a boost for affordable housing, the Reserve Bank of India (RBI) eased norms last week for home loans of up to […]

SBI is about to put Kingfisher House on e-auction block

After getting unexpected response from its mega auction of Rs 1,200 crore worth properties belonging to defaulters, now SBI is planning to include Kingfisher House on its next e-auction block for the next round. On last Friday, State Bank of India put the block 300 pieces of residential, commercial and industrial properties across the countries […]

If you have queries regarding house tax, so email to MCG

Recently, MCG has launched a dedicated service for all property owners who have doubts regarding house tax dues. Now if you have any query regarding house tax, so you can email on contact@mcg.gov.in which is the dedicated email id of MCG, so that all property owners can clear doubts regarding house tax dues and fix […]

Women has no right to claim on the property of in-laws’, says SC

Recently, the Supreme Court has come to rescue one of the senior citizens by evicting the estranged daughter-in-law from his Yamuna Vihar property. Now apex court is in the process to uphold the verdict of the Delhi High Court that a daughter in law has no right over a self acquired property of the in-laws, […]