PROPGUIDE − A Complete Property Guide
#happyhome

#RealtyNewsRoundup: No Action On Cash Deposit Under Black Money Scheme, Says Govt

Loading video...

Description

Realty News Roundup is PropGuide’s selection of the day’s top stories from the real estate sector.

Clarifying its stand, the government said no adverse action would be taken by the income-tax department solely on the basis of information regarding cash deposit made under the unaccounted money scheme. The government said the information shared would be confidential and will not be shared with any law-enforcement agency. The Income Declaration Scheme closes on September 30.

Haryana Chief Minister Manohar Lal Khattar announced the formation of the Gurgaon Development Authority, an agency that will act as the mini-administrator for the city.  The move will help eliminate the necessity of getting all files approved from Chandigarh. Khattar said the agency would start functioning from November 1.

The Supreme Court has directed Sahara India Commercial Corporation Limited to deposit Rs 3.5 crore to pay back investors, who had bought flats in its Gurgaon project but did not receive possession in time. The double Bench has asked for the money to be deposited in the court.

The Delhi High Court gave its approval for the public auction of luxury hotel Taj Mansingh. Ruling in favour of the New Delhi Municipal Council, the court dismissed the plea by the current operator, Tata group’s The Indian Hotel’s Company, to renew the licence. After Hotel Connaught and Le Meridien, this is the third recent case where the NDMC has won against luxury hotels in the Lutyens' Delhi.

Tags: Gurgaon, Chandigarh, New Delhi Municipal Council, Video, propguide, Haryana chief minister Manohar Lal Khattar, Income Declaration Scheme, Hotel Connaught, Le Meridien, Sahara India Commercial Corporation Limited


#RealtyNewsRoundup: Gujarat Keeps Its Deadline With Real Estate Act

Here are today's top news stories from the real estate sector.

November 01 2016

+ Click Here To Read This Article

Is NCR Losing Out To Mumbai, Bengaluru, Pune?

The National Capital Region, for very long, has been the largest residential real estate market in India. But, is NCR losing out to Mumbai, Bengaluru and Pune?

November 10 2015

+ Click Here To Read This Article

PropTiger Q2 Report FY'16: How North India's Hottest Real Estate Markets Fared In Q2’FY16

PropGuide compares the residential real estate markets of Noida (including Greater Noida and Yamuna Expressway) and Gurgaon (including Bhiwadi, Dharuhera and Sohna) head-to-head.

November 10 2015

+ Click Here To Read This Article

Unsold Inventory: Learnings From PropTiger Q2 Report FY'16

Unsold inventory in major Indian cities have been declining, quarter by quarter.

November 10 2015

+ Click Here To Read This Article

6 Reasons Gurgaon Is The Investment Hub For NRIs

NRIs from the US, Canada and the Middle East have been showing a keen interest in upcoming properties in Gurgaon.

June 05 2015

+ Click Here To Read This Article

5 Creative Eco Resorts Around The World

If luxury housing are eco-friendly then what else could you want? It's like having your cake and eating it too!

May 04 2015

+ Click Here To Read This Article

#RealtyNewsRoundup: Haryana Govt Nod To Gurugram-Manesar Metro [Video]

Here are today's top news stories from the real estate sector.

February 06 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: Chandigarh Exempts Big Projects From Green Clearance  [Video]

Here are today's top news stories from the real estate sector.

February 02 2017

+ Click Here To Read This Article

We list five global cities that offer you a comparatively low cost of living. Here is a little tip....

Here are today’s top news stories from the real estate sector.

To fulfil the soaring demand for luxury property among potential home buyers in Bengaluru, the...

Here are some DIY tips to check whether your new real estate investment is legally clear.

The Goods And Services Taxes has clearned a proposal to charge a cess of 15 per cent on luxury cars...

PropGuide tells you how a better metro connectivity will raise real estate prices in Noida.

The first phase of a Metro network is already changing the way people commute in Bengaluru. Upon...

Banks and developers are taking several initiatives to shift India’s home-ownership pattern in...

A building code is a set of norms that govern construction of buildings by stipulating minimum...

PropGuide simplifies complex real estate jargons for you.

Proptiger has released it's quarterly review report on India's real estate sector. Ankur Dhawan,...

Prime lending rate is the interest rate at which banks lend to its most credit worthy...

Subscribe Now

To stay tuned with real estate updates

Pick:

x +

Drop Your Query here


Top