The HKCCI (Hyderabad Karnataka Chamber of Commerce and Industry) has taken stand against the proposal of State Government which was about to increase the guidance value of the real estate property in Kalaburagi region without any set of guidelines. A written objection which was filed by HKCCI before Chief Controlling Revenue Authority in Karnataka, Inspector […]
State Government Archive
October 3, 2015 6:00 pm
HKCCI oppose the state government for increasing guidance value of property at Kalaburagi City
April 18, 2015 8:39 am
SRA builders can face action within 24 hrs of complaint, if they will accused of cheating
If there will be any irregularities in the construction of residential units under the Slum Rehabilitation Scheme, so the action will be initiated within 24 hours of receipt of cheating complaints by the buyers of Slum Rehabilitation Scheme, said Prakash Mehta, Maharashtra Housing Minister. The more he added that the developer was fined because it […]
March 27, 2015 9:00 am
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 […]
August 21, 2014 4:08 am
1 percent LBT on property abolished
A government notification issued by Inspector General of Registration on LBT has ended all confusions over payment of one per cent Local Body Tax (LBT) by property buyers as stamp duty. The State government had increased stamp duty from April 1, 2013. As per the notification, property buyers, whose sale agreements are registered before April […]
August 18, 2014 6:44 am
Government to ensure affordable houses for middle class
Here comes a shot in the arm of housing sector with none other than Maharashtra Chief Minister Prithviraj Chavan stating that the state government will ensure that middle income group people are able to afford their own houses. Speaking after unfurling the tricolour at the Mantralaya here to mark the 68th Independence Day, the Chief […]