Latest Realty News

Bosch Ltd bets big on energy service business through investments in green buildings
Mar 10, 2014
BANGALORE: Bosch Limited, the Indian subsidiary of the world's biggest supplier of car parts, plans to earn more revenue from its energy solutions business as the company prepares to make it among the three leading players in the country by 2020 and help the company expand its business in the non-auto business.
Owners rent out buildings to commercial units, cheat on tax
Jan 03, 2014
CHENNAI: A growing number of residential properties in the city are being used for commercial purposes to evade high property tax resulting in a huge loss to the city corporation. Any shortfall in collection of property tax, the biggest source of revenue for the corporation, impacts infrastructure schemes directly.
Mayor discusses concession to be given in house tax
Oct 21, 2013
ALLAHABAD: Mayor Abhilasha Gupta conducted a meeting on Saturday regarding concession given in house tax and implementation of the advertisement policy.
Corp's squad disbanded, illegal buildings flourish
Oct 21, 2013
KOCHI: The special squad constituted by the revenue wing of the corporation to check unauthorized constructions in the city was disbanded one-and-a-half years though it had unearthed 248 such instances in 2011. The corporation also failed to collect the fine slapped on building owners when it faced severe fund shortage.
Government to issue ordinance to regularise illegal buildings
Oct 12, 2013
BANGALORE: The Karnataka government today decided to promulgate an ordinance to regularise byelaw deviations in residential and commercial buildings in urban areas of the state by collecting penalty, from the date of its assent by the Governor.
Residential areas under Estate Office scanner for violations
Jan 11, 2013
Chandigarh: After taking steps to tighten its noose around commercial buildings in the city, which have blatantly violated building bylaws and misused the premises, now residential properties are on the radar of the UT Estate Office (EO).

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