In the first nine months of the fiscal year 2023-24, the Navi Mumbai Municipal Corporation (NMMC) has successfully gathered Rs 465.70 crore in property tax, showcasing a notable increase from …
Real Estate
-
Real Estate
-
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has clarified that it is not within its purview to oversee construction beyond the registered project boundaries. This decision came as MahaRERA dismissed …
-
The Uttar Pradesh Real Estate Regulatory Authority (UPRERA) has mandated that builders should sell apartments based solely on the carpet area, rather than the super area, as per officials. Selling …
-
Real Estate
Bengaluru’s Commercial Real Estate Landscape Faces Headwinds with a 14% YoY Transaction Decline in 2023
According to a report by Knight Frank India, cumulative commercial transactions in Bengaluru experienced a 14.3% dip in CY2023, totaling 12.5 million square feet (msf). The decrease in transactions is …
-
Real Estate
“Realtors Urged to Compile Financial Details for Stalled Housing Projects in Noida and Greater Noida
Realtors in Noida and Greater Noida have been instructed by the local authorities to compile updated details regarding their financial obligations related to stalled housing projects. This move aims to …
-
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has experienced a notable increase in project compliance with the mandatory Quarterly Progress Reports (QPR), driven by the regulator’s proactive measures against non-compliance. …
-
The Yamuna Expressway Industrial Development Authority (YEIDA) has rolled out an enticing opportunity for investors and businesses with its announcement of the allotment of mixed land-use plots in Sector 24, …
-
Real Estate
BMC’s Online Property Tax Bill Publication Sparks Confusion Amidst Alleged Hike Controversy
The Brihanmumbai Municipal Corporation (BMC) raised eyebrows and generated confusion among citizens and public representatives with the online publication of Property Tax bills on its website. The bills, issued for …
-
The Dehuroad Cantonment Board (DCB) achieved a significant boost in property tax collection, reaching Rs 6.5 crore in 2023, a fourfold increase from the previous Rs 1.8 crore. The successful …
-
Real Estate
SEBI Imposes Significant Penalties on Unitech Advisors for Real Estate Fund Violations and Non-Compliance
The conclusion of SEBI’s recent actions brings a glimmer of year-end optimism for numerous investors, as the regulatory body imposes a noteworthy penalty of Rs 1 crore on Unitech Advisors …