Recently, in one of the case consumer forum of Gurgaon has directed Delhi based real estate firm or developer to refund Rs 4.25 lakh to one of their home buyer who had purchased a flat at Bhiwadi location. In an order which was passed on March 20, 2015, Raj Kumar Tewatia, who is […]
April 10, 2015 2:18 pm
A Surat, based leading real estate developer was booked because he was chopping off 15 trees in Dabholi area for constructing a wall in compound. All the tress was 10-year-old and was owned by the SMC (Surat Municipal Corporation), whereas; in the process SMC lodged an FIR against builder under the Saurashtra Tree Felling […]
April 3, 2015 9:00 am
Now Maharashtra property department has reason to joy as more than 1,800 people, including poll contestants are now queuing up to pay property tax before the upcoming NMMC election (Navi Mumbai Municipal Corporation). Now it will be mandatory for aspiring candidates to clear all their pending dues with the corporations to be eligible for contest […]
April 2, 2015 9:00 am
On Monday, the Supreme Court gave a time period of 90 days to Sahara group to finalize the deal of its three hotels which includes abroad and domestic properties to raise the Rs 5,000 crore cash component of the bail condition for release of its owner Subrata Roy and its other two group directors. As […]
April 1, 2015 9:00 am
India’s leading public sector bank, State Bank of India has received all necessary approvals from government opportunities to buy residential properties of cash-starved national carrier, AI (Air India) in south Mumbai for Rs. 90 crore. As per the sources of PTI, “State Bank of India has got all the required approvals as it has conveyed […]
March 31, 2015 9:00 am
All the immovable properties such as; land, house or flat can now be transferred to blood relatives or children’s without any stamp duty on registration. It is expected that this will be the major relief for millions of families who are living in Maharashtra, as now onwards they don’t have to pay 5% of the […]
March 30, 2015 9:00 am
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 […]
March 28, 2015 9:00 am
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 […]
March 27, 2015 2:42 pm
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 […]
March 27, 2015 9:00 am
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 […]