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After five years delay, YEIDA to handover 11,000 residential plots by June
While 5,500 allottees of the residential plots will be given possession letters by March 31, another 4,500 will be given letters by June 30.
MahaRERA orders ‘remain on paper’
Some consumers said issuing orders without ensuring their execution was inconsequential. MahaRERA led the country in terms of disposal of complaints.
Unsold residential inventory hits 2-year low on ready properties’ sales traction
Inventory levels have plummeted to 33 months in at the end of December from 47 months a year ago in Mumbai, Delhi-NCR, Bengaluru, Pune, Hyderabad, Chennai and Kolkata.
Amrapali buyers want government to help in construction
The buyers said they would be staging continuous protests every Sunday hereafter till their demand is not met.
Buyer can claim interest even for a 22-month delay in possession: Consumer commission
The commission ruled in favour of Malad resident Neela More who had booked a 607 square feet flat for Rs 13 lakh in June 2000, but got its possession 22 months later, in April 2002.
Realty hot spot series: Good connectivity, infrastructure make this Pune locality attractive
Baner in Pune is an established micro-market, enjoying excellent road network, connectivity and social infrastructure.
Housing sales up 7% in 2018 in 9 major cities; new supply falls 22%: Report
Higher sales and fall in new supply led to 10 per cent decline in unsold stock at around 6 lakh units as on December 31, 2018.
A happy home for your family
The following article is an initiative of Amara by Lodha and is intended to create awareness among readers.
About 8,000 property tax defaulters owe Chennai civic body Rs 300 crore
Senior officers say that they can issue a default distraint warrant and seize the property of a defaulter. But this is a last resort and a long-drawn process.
Govt yet to issue licences for 3 lakh new affordable homes despite rule change in 2017
Department of town and country planning (DTCP) had launched the scheme on land totalling 1,650 acres in the two cities, targeting three lakh affordable housing units.
3C’s Lotus firm faces insolvency proceedings; 3500 homebuyers yet to receive flats
This will directly affect around 3,500 buyers who are yet to get their flats in Lotus Panache (Sector 110) and Lotus Boulevard (Sector 100).
Around 40% property owners in Bengaluru don't pay tax
While the civic body’s GIS-enabled property tax information system has identified 19 lakh properties in its limits, only 11.5 lakh properties pay the levy.