The entry of large corporates and consolidation have led to the expansion of the Indian property market with the value of real estate under construction jumping over two-fold to USD 243 billion in the last one decade, according to a report by FICCI and Anarock. The expansion of the property market w... Read more...
In what may bring relief to lakhs, the BMC has proposed a complete waiver in the increase of property tax rates for one year. The BMC’s move, if approved at a general body meeting, will benefit over 2.83 lakh property owners, who could face increased property tax rates of up to 40 per cent. Offici... Read more...
The district administration has proposed to keep the circle rates of properties unchanged for the second half of this fiscal, with the Covid pandemic battering the real estate sector that is already in the grip of a multi-year slump. If the state government approves the proposal, then the existing r... Read more...
Apart from offering a golden opportunity to regularise unauthorized layout and plots, the Telangana government has slashed the regularisation fee charges, providing the much-needed financial relief to these property owners. The State government had issued orders amending certain clauses in the ... Read more...
The Greater Noida Industrial Development Authority (GNIDA) decided to allot plots for information technology (IT) businesses, IT-enabled services (ITES), business process outsourcing (BPO) and call centres in the city with an aim to create jobs and boost growth in the region. The authority has 10... Read more...
Construction of Jaiprakash Associates' (JAL) Jaypee Kalypso Court (Phase – II) resumed under the Uttar Pradesh Real Estate Regulatory Authority's (UP-RERA) new 'rehabilitation model' where buyers and promoters work together towards the completion of the project. "UP-RERA has been successful in ... Read more...
