Tag: Ranchi

IndustryLatest Stories

Jharkhand Housing Board Revokes Trade Licenses in Colonies

RANCHI: Following a recent Supreme Court ruling that requires municipal bodies across all states and Union Territories to assess residential properties being utilized for commercial purposes and submit affidavits by May 15, traders operating in Bariatu and Argora housing colonies are worried about their means of livelihood. Binay Lakra, secretary of the Jharkhand State Housing Board (JSHB), remarked, “These properties were assigned for residential use, meaning that commercial activities cannot be allowed. We have asked the Ranchi Municipal Corporation to revoke such trade licenses.” Bariatu Housing Colony consists of over 500 housing units. “These were allocated by JSHB under various…

Latest StoriesResidential

Ranchi: Harmu Housing Colony Targets Commercial Establishments

RANCHI: The Ranchi Municipal Corporation (RMC) is under scrutiny as it issues notices to businesses in Harmu Housing Colony for operating in residential areas, sparking concern among both traders and locals. With eight enforcement teams actively monitoring the area, officials have asserted that the colony is designated solely for residential purposes. JSHB Secretary Binay Lakra emphasized, “All these properties were allocated for residential use exclusively, and therefore, commercial establishments cannot be allowed.” Despite this claim, many businesses in Harmu have been operating for years, effectively transforming the area into a self-sufficient community. Currently, over 150 commercial units, ranging from grocery…

Latest StoriesRera

Jharkhand RERA Fines 77 Builders ₹83.5 Lakh for Report Delays

RANCHI: The Jharkhand Real Estate Regulatory Authority (JRERA) levied a cumulative fine of Rs 83,50,000 against 77 builders on Friday due to their failure to submit required quarterly progress reports (QPR) and non-compliance with court summons. JRERA Chairman Birendra Bhushan warned of more stringent actions, stating, “The defaulters did not show up in court today, leading to these penalties. If they do not settle their dues, their bank accounts will be frozen.” This enforcement is part of a broader initiative by the regulator. Recently, notices were issued to 106 builders for breaching transparency regulations. Two developers have settled their fines,…

CommercialLatest Stories

Ranchi Civic Body Takes Aim at Illegal Businesses in Homes

RANCHI: The Ranchi Municipal Corporation (RMC) has launched a city-wide initiative to address the illegal operation of commercial establishments within residential properties in Jharkhand State Housing Board (JSHB) colonies. This includes door-to-door surveys and the cancellation of trade licenses, following directives related to Supreme Court land use regulations. Eight enforcement teams have been assigned to inspect areas such as Harmu, Bariatu, and Argora, where significant illegal commercial activities have been reported, despite land allotment norms favoring residential use. Officials confirmed that this enforcement drive commenced this week and will be executed in phases. Deputy Municipal Commissioner Gautam Prasad Sahu stated,…

Latest StoriesRegulatory

Ranchi Civic Body Achieves ₹108 Crore in Tax Collection

RANCHI: In a significant milestone, the Ranchi Municipal Corporation (RMC) has reported a collection of Rs 108 crore in taxes for the current financial year, with property tax generating Rs 100 crore, making it the largest source of revenue. Officials noted that this development marks a notable change, as property tax has not been the primary revenue source in earlier years. RMC’s Deputy Municipal Commissioner, Gautam Prasad Sahu, stated, “We have surpassed Rs 100 crore in property tax alone, while the total collection is around Rs 108 crore. We anticipate collecting over a crore on the final day.” Additional income…

IndustryLatest Stories

Jharkhand Housing Board Warns Dhoni Over Plot Misuse

File Photo RANCHI: The Jharkhand State Housing Board has sent a notice to former India cricket captain Mahendra Singh Dhoni regarding the alleged misuse of a residential plot in Ranchi, according to an official statement made on Friday. The notice accuses Dhoni of using the plot, which was allocated for residential purposes, for commercial activities. “A residential plot was allotted by the Jharkhand State Housing Board to cricketer Mahendra Singh Dhoni, but it has been found to be used for commercial purposes. We have issued a notice to him for violating the rules and regulations,” said Sanjay Lal Paswan, chairman…

Latest StoriesRera

Over 900 Jharkhand builders miss quarterly report deadline

RANCHI: The Jharkhand Real Estate Regulatory Authority (JRERA) is set to issue notices to 904 builders statewide for neglecting to submit required quarterly construction and financial progress reports. Developers involved in residential projects with over eight flats are mandated to register with JRERA and provide detailed quarterly updates on construction status, financial health, and project progress. These disclosures aim to promote transparency and accountability in the real estate industry. Data from JRERA indicates that by December 2025, 1,711 projects were recorded with the authority throughout Jharkhand. However, over 50% of these projects did not submit their quarterly progress reports for…

Latest StoriesRegulatory

RMC’s Tax Sweep Uncovers Extensive Property Fraud in Ranchi

Representative AI image RANCHI: The Ranchi Municipal Corporation (RMC) is accelerating its revenue collection efforts across all wards, focusing on holding tax payments to meet the target of Rs 100 crore for the current financial year. This intensified initiative has started to yield results, as field inspections have uncovered significant under-assessment and misreporting of property details in various city wards. RMC revenue teams conducted thorough checks on commercial and residential properties, evaluating declared areas, usage types, road widths, basement usage, and rainwater harvesting setups. Inspections revealed that many properties were paying taxes based on significantly lower areas or incorrect classifications.…

CommercialLatest Stories

Ranchi Civic Body to Impose Strict Rules on Businesses

RANCHI: Sushant Gaurav, the administrator of Ranchi Municipal Corporation (RMC), convened a high-level review meeting to evaluate the management of revenue-generating assets, regulate unauthorized commercial activities within residential areas, and strategize upgrades for bus stands and market infrastructure within municipal boundaries. The market section presented its revenue collection and accrual report, following which the corporation called for a thorough physical inspection and numbering of all hoardings and monopoles across the city. According to an official statement released on Tuesday, the inspection records will include updated details on the location, permitted size, validity period, agency or occupant name, and outstanding dues.…

Latest StoriesResidential

Ranchi Police Urge Landlords: Ensure Tenant Verification

RANCHI: Tenant verification remains a largely overlooked practice in the city, with both landlords and police showing minimal commitment to this essential safety requirement. This issue has resurfaced in light of recent criminal activities. Following these incidents, Ranchi’s Superintendent of Police, Ajit Kumar, announced that all police stations are now mandated to collect tenant information. “We are addressing this issue seriously after two significant incidents in the past few days. Awareness campaigns will soon be rolled out for landlords to emphasize the importance of tenant verification,” Kumar stated. However, conversations with officials from five police stations—Lalpur, Hindpiri, Lower Bazar, Bariatu,…