Category: Latest Stories

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CommercialLatest Stories

Madhuri Dixit Rents Mumbai Commercial Property for ₹2.81 Crore

NEW DELHI: Madhuri Shankar Dixit has leased a commercial unit in One Lodha Place, Lower Parel, Mumbai, at a starting monthly rent of ₹4.25 lakh. The unit covers a carpet area of 67.91 sq meters (731 sq ft) and includes one parking space. The deal was registered with a stamp duty of ₹72,600, registration fees of ₹1,000, and a security deposit of ₹17 lakh, as detailed in property registration documents reviewed by Square Yards on the Inspector General of Registration (IGR) website. Officially registered in March 2026, Square Yards’ analysis indicates that the lease spans 60 months (five years). The…

Latest StoriesRegulatory

Telangana HC Denies Stay on Bhoodan Land Demolitions

HYDERABAD: The Telangana High Court, on Wednesday, denied a request for interim relief or a stay on the large-scale demolition and rehabilitation efforts at Bhoodan lands in Velugumatla village, Khammam district. The court noted that intervening now might negatively impact many eligible beneficiaries in need. Justice B. Vijaysen Reddy issued this ruling while considering petitions from families displaced during the demolition drive conducted on February 24. The court instructed the state government to submit a detailed counter-affidavit and set the next hearing for April 15. During the proceedings, the government pleader for revenue presented written instructions detailing the status of…

Latest StoriesRegulatory

Bengaluru property tax receipts at ₹4,047 crore, 40% below target

BENGALURU: Property tax collection in the city has once again fallen short this financial year, highlighting ongoing compliance issues even as enforcement efforts are ramped up. With only days remaining in the 2025-26 fiscal year, the collections have reached Rs 4,047.7 crore against a target of Rs 6,700 crore, resulting in a shortfall of over Rs 2,652 crore and an overall realization of approximately 60%. The target includes outstanding amounts from previous years. As of March 20, Rs 4,047.7 crore has been collected, comprising Rs 3,286 crore in property taxes for this fiscal year, along with Rs 761.7 crore in…

Latest StoriesResidential

No House Photo Needed for Property Tax: Mohali Mayor

MOHALI: In a significant development, Mayor Amarjit Singh Sidhu has announced that the Mohali Municipal Corporation (MC) will soon eliminate the requirement for residents to submit front and back photos of their houses when paying property tax. This decision follows concerns expressed by councillors. The issue was raised during a recent MC House meeting, where councillors noted that many residents were hesitant to pay property tax due to the photograph requirement. Some homeowners have made changes to their properties and are waiting for approval under the need-based changes policy. They worry that submitting photos could lead to violation notices from…

Latest StoriesResidential

Kolhapur Offers 80% Rebate on Property Tax and Water Penalties

KOLHAPUR: The Kolhapur Municipal Corporation (KMC) has announced an 80% rebate on penalties for property tax and late water bill fees, applicable to defaulters who settle all outstanding amounts, including the current bill, in one payment. This rebate scheme is effective from March 26 to 31, with all Citizen Facilitation Centers operating during holidays from March 28 to 31, 2026. The KMC confirmed that this rebate applies to both residential and non-residential properties for payments made between March 26 and 31, 2026, as per the resolution passed by the general body and directives from Mayor Rouparani Nikam, with the approval…

Latest StoriesRegulatory

Andhra Pradesh Cabinet Approves Amaravati Capital Resolution Draft

VIJAYAWADA: On Thursday, the Andhra Pradesh cabinet approved a draft resolution set to be presented in a special assembly session on Saturday concerning Amaravati, the state capital. This resolution seeks to urge the Union government to amend the Andhra Pradesh State Reorganisation Act (APSR) 2014 to designate Amaravati as the official capital. The proposed resolution aims to modify Section 5(2) of APSRA by substituting the phrase “there shall be a new capital for the state of Andhra Pradesh” with “the new capital for the state of Andhra Pradesh shall be Amaravati.” The amendment will also define Amaravati in the explanatory…

InfrastructureLatest Stories

HYDRAA Examines Layout Violations in Sangareddy, Telangana

HYDERABAD: The Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) conducted field inspections in Sangareddy district on Wednesday, addressing complaints received via Prajavani about encroachment and infrastructure issues. At Anand Nagar layout in Patighanapur village, officials reviewed reports of alleged encroachments on roads, parks, and public land. The layout, established in 1980 and covering 92 acres with 1,109 plots, has some plots regularized under the layout regularization scheme (LRS). Residents informed officials that layout boundaries had been altered and classified as agricultural land. There were also claims of misuse of the Dharani system to create unauthorized passbooks. Several plot owners…

InfrastructureLatest Stories

Pune limits construction and excavation to 14 hours daily

PUNE: On Wednesday, the Pune Municipal Corporation (PMC) imposed a restriction on construction activities, limiting them to 14 hours a day due to residents’ concerns over pollution. “With immediate effect, all construction and excavation activities within the municipal limits of Pune will only be allowed from 7 AM to 9 PM,” stated a directive from city engineer Aniruddha Pawaskar. The directive was prompted by an increase in health complaints linked to construction activities. “If valid complaints are received, measures such as ceasing work will be enforced,” he informed TOI. PMC officials added that residents impacted by noise or air pollution…

InfrastructureLatest Stories

Glada Dismantles 13 Buildings, Ruins Roads in Three Colonies

LUDHIANA: Planning authorities launched a significant enforcement drive on Wednesday, demolishing 13 unauthorized structures and dismantling the infrastructure of three illegal housing colonies throughout the district. This initiative, spearheaded by the regulatory branch of the Greater Ludhiana Area Development Authority (Glada), focused on unapproved developments in the villages of Dhandra, Manakwal, and Mehmoodpura. Enforcement teams, backed by police and a duty magistrate, tore down buildings and dismantled roads constructed without proper permissions. Glada’s chief administrator, Sandeep Kumar, stated that this “special drive” forms part of a larger punitive strategy against developers who entice residents with cheap plots in colonies that…

Latest StoriesRera

UP-RERA Revises Rules: Complaints in Unregistered Projects Allowed

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has announced the 10th amendment to its General Regulations, 2019. The amendments, which are effective from March 25, 2026, were made under Section 85 of the Real Estate (Regulation and Development) Act, 2016. Significant revisions have been introduced in Regulations 24 and 47 to address the ongoing issues faced by homebuyers, especially concerning unregistered projects and transfer charges. Sanjay Bhoosreddy, chairman of UP-RERA, stated, “These new provisions aim to enhance the transparency, efficiency, and consumer-friendliness of the grievance redressal process.” A key change in the amended Regulation 24 allows allottees…