PROPGUIDE − A Complete Property Guide
#happyhome

#WeeklyNewsRoundup: Delhi Govt Asked To Submit Fresh Proposal on Circle Rates

Loading video...

Description

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

Delhi Lieutenant Governor Najeeb Jung has asked the state government to rescind its August 4, 2015-notification in which circle rates of agricultural lands were revised without his approval. The withdrawal of the notification would result in the 2008 circle rates on land transactions kicking in. The per acre rate under that was Rs 53 lakh. But the Aam Aadmi Party (AAP) government had, in its first Budget, hiked the rates in a range of Rs 1 crore to Rs 3.5 crore per acre.

Maharashtra Chief Minister Devendra Fadnavis has approved land at Purandar for a new Greenfield international airport for Pune. Located 15 km from the city outskirts, the proposed airport will be spread over 2,400 hectares of an area. The site has already been approved by the Airports Authority of India.

To tide over the financial crisis, the Haryana Urban Development Authority (Huda) is planning to hold a weekly auction of its properties in Gurgaon starting next month (November). Unlike the last time when random properties were auctioned, this time, it will sell properties sector-wise every Tuesday.

Urban Development Minister M Venkaiah Naidu has said the Centre has finalised the rules for the Real Estate (Regulation and Development) Act, 2016, which will be communicated to the states soon. Emphasising that the Act brings in transparency and accountability in the real estate sector, he urged the private sector to join hands with the Centre to meet the shortage of houses in the country.

In a set of guidelines issued to all housing societies in Greater Noida, the Noida Power Company Limited (NPCL) has clarified that usage charges for prepaid meters are meant exclusively for electricity and not for other tariffs such as maintenance, water or clubhouse. The body has also asked housing societies to provide monthly electricity bills to all consumers with details of charges. Each society also has to submit a half-yearly statement to NPCL on energy consumed by individual consumers and rates charged.

Tags: Gurgaon, Pune, Video, Circle Rate, Haryana Urban Development Authority


#RealtyNewsRoundup: Pune To Get An International Airport

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

October 07 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: HUDA To Auction Plots in Gurgaon Every Tuesday

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

October 03 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: Gurgaon Proposes To Slash Circle Rates By 15 Per Cent

Here are today's top news from the realty sector.

May 30 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: Bank of Baroda To Buy Majority Stake In Central Bank’s Housing Finance Arm [Video]

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

December 12 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: Sebi Relaxes Norms For REITs And InvITs

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

December 01 2016

+ Click Here To Read This Article

#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

#WeeklyNewsRoundup: Pune To Build Houses For The Poor

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

October 23 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: Tamil Nadu Faces HC Ire Over Land Record Digitisation

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

October 19 2016

+ Click Here To Read This Article

Here are some practical ways to deal with property-related issues.

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

The National Highways Authority of India will begin work on the remaining eight-km long stretch of...

The Pradhan Mantri Awas Yojana (Urban) is useful for you even if you or your parents already own a...

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

The state Legislative Assembly has amended the Maharashtra Stamp Duty Act to increase the charges...

Expecting the arrival of an airport, real estate developers have invested heavily around Jewar....

As the completion date of the Southern Peripheral Road nears, PropGuide on how the new corridor...

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