PROPGUIDE − A Complete Property Guide
#happyhome

#RealtyNewsRoundUp: Property Tax Collections Go Up Across Indian Cities, Thanks To Demonetisation

Loading video...

Description

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

Reports show there is a surge in property tax collections across Indian cities, as civic bodies are accepting demonetised currency. So far, Delhi civic bodies have fetched over Rs 7 crore, while that in Pune collected Rs 33 crore in two days. However, long queues were seen in most of the tax counters of the civic bodies, with banks witnessing heavy rush.

Donald Trump's victory in the US Presidential elections has given a fillip to his India business partners, while the brand continues to scout for growth opportunities in the country. Trump currently has five luxury projects in India, including a ready twin tower 46-apartment block in Pune, and an under-construction 300-apartment project in the heart of Mumbai. Trump’s target cities for the future growth of his brand in India might include Mumbai, Pune, the National Capital Region, Bengaluru, Chennai, Hyderabad, Goa, and other locations with good demand for super-luxury properties.

The Maharashtra government has increased the stamp duty on property registrations in Nagpur by one per cent to fund the city’s Metro project. The increased duty will be applicable across the city, instead of only on properties located 500 metres on each side of the Metro corridors, as announced earlier. Besides, the raise is applicable with retrospective effect from June 30      

Credai Bengal, the state chapter of the Confederation of Real Estate Developers' Association of India, organised ninth edition of the Realty Expo 2016 between November 11 and 13. The expo brought 40 eminent developers under one roof, and displayed products and best service deal to customers.

Source: Media reports

Tags: Video, CREDAI, Maharashtra, property tax collection, Nagpur


#RealtyNewsRoundup: SBI Slashes Interest Rates [Video]

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

January 02 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: UP Gets Cracking To Become RERA Compliant

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

June 14 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: Home Loans To Get Cheaper As RBI Eases Norms

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

June 08 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: Eyeing Revenue, Greater Noida Authority Launches New Scheme For Buyers

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

June 07 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: CREDAI Wants States To Scrap Stamp Duty

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

May 25 2017

+ Click Here To Read This Article

#WeeklyNewsRoundup: Noida Developers To Deliver 25,000 Flats By December 2017

Here are the top stories of the week from the real estate sector.

May 13 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: Maharashtra Receives Highest Realty Investment In 2016

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

May 10 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: Agra Gets Rs 107 Crore To Become Smart

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

May 08 2017

+ Click Here To Read This Article

A number of developers have come up with township projects in different parts of Bengaluru....

Raipur administration is planning an 18-acre forest amid the city. The city, which has been ranked...

PropGuide lists five brands you could choose from if you are planning to install a modular kitchen.

Service tax is payable only on property purchase directly from developers and is not required in...

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

Noida offers a perfect blend of residential apartment societies, luxury villas and commercial...

A number of developers have come up with township projects in different parts of Bengaluru....

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

PropGuide simplifies complex real estate jargons for you.

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

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

Subscribe Now

To stay tuned with real estate updates

Pick:

x +

Drop Your Query Here


Top