2022-10-25
Bengaluru-based realty firm Puravankara Ltd's sales bookings have risen 43 per cent to a record Rs 1,306 crore during April-September period of this fiscal year on better housing demand. Its sales bookings stood at Rs 910 crore in the year-ago period. Company's sales bookings in volume terms rose 32 per cent to 1.76 million square feet during the first six months of this fiscal, from 1.33 million square feet in the year-ago period.
2022-10-24
The Pradhan Mantri Awas Yojna (PMAY) housing scheme has become a major instrument of socio-economic change in the country, Prime Minister Narendra Modi said even as he slammed the political culture of 'Revdi' or freebies. In Madhya Pradesh, about 30 lakh houses have been built under the PMAY in the last eight years and another 9-10 lakh houses are being constructed, PM said.
2022-10-24
The Nashik Municipal Corporation’s (NMC) move to play the drums in front of the houses of property tax defaulters during three consecutive days last week has yielded good results as the civic body has received Rs 2.7 crore revenue from the defaulters. The property tax department has set a target of collecting Rs 250 crore.
2022-10-24
The Chandigarh municipal corporation has issued notices to around 3,200 property tax defaulters, who owe more than Rs 1 crore in total. As per the records of the MC, around 1,900 tax defaulters have been identified from residential category, while the rest around 1,300 defaulters fall in commercial category.
2022-10-24
Subsequent to the expansion of Chennai Metropolitan Area from 1,189 sqkm to 5,904 sqkm, the Chennai Metropolitan Development Authority (CMDA) is in the process of preparing a proposal to notify potential growth centres Kancheepuram, Minjur, Tiruvallur, Thirumazhisai and Chengalpet as New Town development areas.
2022-10-24
CM YS Jagan Mohan Reddy’s Diwali gift has arrived three days before festival for housing beneficiaries of Vizag, said municipal administration and urban development minister A Suresh while handing over registration certificates and keys to 5,000 Tidco housing beneficiaries. The GVMC has identified 24,192 eligible beneficiaries for Tidco houses. While 22,936 houses are being constructed in the suburbs, 1,256 houses are coming up in various slums in the city.
2022-10-24
DLF has registered a growth of 26.20 per cent in its net consolidated profit during the quarter ended September 30, 2022. Its profit after tax (PAT) stood at Rs 477.20 crore in Q2 FY23 as against Rs 378.12 crore it recorded in the corresponding quarter of the previous fiscal, the company said in a BSE filing.
2022-10-24
The Greater Chennai Corporation has appealed to residents to pay their property taxes before November 15 to avoid penalties. Corporation commissioner Gagandeep Singh Bedi said if residents paid the taxes within the first 15 days, they would get an incentive of 5% of the property tax.
2022-10-24
Dubai’s prime real-estate prices jumped 89% over the past 12 months, buoyed by a deluge of wealthy buyers setting up second homes in the city. Demand for Dubai property is booming as the government’s handling of the pandemic and its liberal visa policies attract more foreign buyers.
2022-10-23
The Greater Chennai Corporation has appealed to residents to pay their property taxes before November 15 to avoid penalties. Following the property tax general revision for the first half of the financial year 2022-23, the general revision for the second half has been done now and the payment portals was opened on October 1.
