#RealtyNewsRoundup: Haryana To Revise Collector Rates Twice A Year

The Chief Minister Manohar Lal Khattar-led government in Haryana has decided to revise the collector rates of properties in urban as well as rural areas twice in a financial year. The decision was taken with a view to bring uniformity, transparency and avoiding any major gap between the market price and collector rates of properties, the chief minister recently said.

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Nursery education in all its schools, sports complexes in 10 of them and construction of four new sterilisation centres for stray dogs are among a slew of proposals made by the South Delhi Municipal Corporation (SDMC) in its Budget On December 8. The Budget for the year 2017-18 was presented by Municipal Commissioner P K Goel. The civic body would purchase only electric staff cars, the SDMC said in a statement. A nominal increase in property tax has also been proposed.

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The Delhi High Court has sought response of the Delhi Development Authority (DDA) and civic bodies on a public-interest litigation on removal of illegal religious structures existing near Metro stations. The high court has issued notices to the land-owning agency and the civic bodies and sought a status report. It also asked the authorities to ensure that there were no encroachments on public land or near the Metro stations, as pointed out by the petitioner.

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The New Delhi Municipal Corporation will hold the auction to sell the iconic Taj Mahal Hotel on January 30, media reports say. By mid-August, the successful bidder will have in his possession all the documents related to the property purchase. Upon winning the bid, the bidder will have to pay the NDMC an upfront amount of over Rs 53 crore.

Source: Media reports