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Maharashtra revenue minister plans further ease of norms to promote e-registrations
Publish on : 2020-10-24 14:40:58
n April, a state government circular allowed online registrations for developers registering 20 or more documents after due verification of the builders. PUNE: State revenue minister Balasaheb Thorat plans to relax conditions for e-registrations for the first point-of-sale, and removing the cap o...
Government lacks vision to redevelop Dharavi, say urban planners
Publish on : 2020-10-24 12:48:12
Experts and residents say the redevelopment plan has been hanging fire for 16 years because of failure to engage the people for whom the project has been conceived MUMBAI: The state government's decision to re-tender the Rs 27,000-crore Dharavi redevelopment project has been met with suspicion fr...
Housing sales festive growth in Mumbai, Pune seen leading key markets tally
Publish on : 2020-10-24 12:43:59
Usually, the festive quarter of October-December sees housing sales across cities improve due to the auspiciousness of this period. During the Pitrupaksha period in the previous quarter, many homebuyers abstain from making purchases. Early indicators in terms of residential property sales and enq...
Pune: Residents of Uruli Devachi seek rollback of property tax hike
Publish on : 2020-10-22 14:38:45
Addressing a news conference on Monday, residents of the village claimed that the new tax structure after the merger was not affordable. PUNE: A group of residents from Uruli Devachi on Monday demanded rollback of the increase in property tax, stressing that they should be taxed according to the...
Pune civic body set to sell amenity spaces to get revenue
Publish on : 2020-10-22 14:37:04
PMC’s amenity spaces have always been a cause of concern for the civic administration. Most of these spaces get encroached upon, while others do not end up getting developed as per their reservation. PUNE: Sitting on a depleted purse of just around Rs 120 crore after the ravages of the COVID-19 p...
BMC to allow private parties to redevelop 674 plots in Mumbai
Publish on : 2020-10-22 14:34:07
Developers will have to pay 62.5 % of the land cost (ready reckoner rate) for residential building construction and 125 % for commercial buildings and can use the plot’s entire development potential for their profit. MUMBAI: The cash-strapped BMC will allow private parties to redevelop 674 of its...
Central govt may consider tax concession for Maharashtra's slum rehabilitation program
Publish on : 2020-10-22 14:31:42
Hardeep Singh Puri, Minister of State, Housing and Urban Affairs has asked Jitendra Awhad, Cabinet Minister of Housing, State of Maharashtra to submit a note in this regard for further discussion by the sanctioning committee on an urgent basis. MUMBAI: The government of India may consider tax con...
Slum residents oppose plan to move them for Pune metro project
Publish on : 2020-10-20 14:13:46
On Wednesday, a group of residents staged an agitation and demanded that the authorities change the alignment of the Metro route rather than displacing families who have lived in the area for years. PUNE: The residents of the Kamgar Putala slum pocket have opposed the proposal to relocate them to...
Mumbai: EOW's lookout notice for nine in Rs 700-crore case of cheating
Publish on : 2020-10-20 14:09:05
The accused promised to sell plots for bungalows and agricultural land but never gave them or returned money, EOW sources said. MUMBAI: The city economic offences wing (EOW), probing a Rs 700-crore cheating case against directors of Expat Projects and Developers Pvt Ltd, issued a look-out circula...
Bombay HC raps stamp duty authority for Rs 11 crore excess duty
Publish on : 2020-10-20 13:59:15
Last month, collector of stamps sought almost Rs 112 crore for a property valued about Rs 2,239 crore in Andheri on a lease deed. MMRDA owns the property. It entered into a lease deed with Goisu Realty Pvt Ltd in June for 80 years. MUMBAI: Bombay high court slammed stamp duty authorities for pass...

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