September 2024

Bengaluru civic agency, the Bruhat Bengaluru Mahanagara Palike (BBMP), has released a list stating that there are a total of 2,64,228 defaulters across eight zones in the city who are yet to pay property taxes. This amounts to pending property tax dues to the tune of ₹47 crore. Over 2.64 lakh property owners in Bengaluru are yet to pay taxes, BBMP data shows (Representational photo)(IANS)...

The Delhi Development Authority has set up a registration help desk at its head office to facilitate prospective flat buyers wanting to register for DDA’s Housing Scheme 2024, the Authority said in a statement on September 3. Delhi Development Authority has set up a registration help desk at its head office to facilitate prospective flat buyers wanting to register for DDA’s Housing Scheme...

Bollywood actor, director and producer Ajay Devgn has leased out a commercial office space spanning 3,455 square feet in Mumbai for a monthly rent of ₹7 lakh, property registration documents accessed through proptech platform Square Yards showed. Ajay Devgn has leased a commercial office space spanning 3,455 square feet in Mumbai for a monthly rent of ₹7 lakh The said office space is...

(Bloomberg) -- As institutional investors steer clear of Germany’s battered commercial real estate market, wealthy families are sensing an opportunity to snap up trophy assets for cheap.  The ultra-rich private investors have closed deals worth €1.5 billion ($1.7 billion) across all property classes in the first six months of this year in Germany (Picture for representational purposes...

Bengaluru-based listed real estate developer Prestige Estates’ wholly owned subsidiary Prestige Exora Business Parks Ltd has purchased a 4.57-acre land parcel in Pune for ₹200 crore, according to property registration documents accessed by CRE Matrix. Bengaluru-based listed real estate developer Prestige Estates’ wholly owned subsidiary Prestige Exora Business Parks Ltd has purchased 4.57...

Mumbai-based Kalpataru Ltd, which filed its draft prospectus last month with market regulator SEBI to launch its initial public offering (IPO) for raising up to ₹1,590 crore, plans to foray into the Nagpur real estate market. The company is expected to launch a plotted development project spread across 37 acres, market sources told HT.com Mumbai-based Kalpataru Ltd, which filed its draft...

Maharashtra topped the list of green real estate projects (1094 projects) across the country on account of its policy of allowing incentives for sustainable buildings. Uttar Pradesh took the second spot with 643 projects and Gujarat came third with 590 projects. Maharashtra and Telangana led in terms of total million sq ft of space, according to a report by IGBC and Savills India. Maharashtra...

“This auto has a window whattt,” wrote social media user Tanvi Gaikwad on X, adding a picture of an auto rickshaw in Bengaluru with an unusual window. The post has gone viral amassing over 5 lakh views and 4,200 likes as of September 3. Bengaluru auto with flat-like window similar to a 1BHK in Mumbai makes headlines as X post goes viral(X/@tanvigaikwad_9) Social media users were...

Ghaziabad: The Ghaziabad municipal corporation is all set to ensure that over 25,000 flats across the civic body’s five zones come under the property tax ambit, officials said on Monday, adding that tax bills will be issued to the flats across the corporation’s zones soon. The corporation in areas like Indirapuram etc, which are not handed over to the civic agency as yet, charge only the...

Karnataka Deputy Chief Minister DK Shivakumar on September 2 announced the launch of an online approval process for building plans tied to construction of properties on sites spanning up to 4,000 square feet within the municipality BBMP’s (Bruhat Bengaluru Mahanagara Palike) limits. Karnataka Deputy CM DK Shivakumar announces automated building plan approval within BBMP limits...