Latest Realty News

Most owners refuse to pay house tax in Gurgaon
Jul 11, 2013
DELHI: Most of the apartment owners and housing societies in different parts of Gurgaon did not file their property tax despites the MCG’s deadline on the pretext that they can’t pay double taxes to different authorities – the MCG and the developer of their society.
Industries in special areas of Delhi-NCR to require green nod
Jul 11, 2013
DELHI: Industries located in ‘redevelopment areas’ that were not designated for industrial activity but have become industrialized over the past several years will now be brought in the ambit of green laws. Industries that were set up before February 7, 2007, must apply to Delhi Pollution Control Committee for consent to operate, a permission that will be renewed annually.
Farmers start agitation in Noida yet again
Jul 05, 2013
DELHI: Farmers have intensified their agitation yet again in the entire Gautam Budh Nagar district halting construction work at around a dozen developers’ sites. Noida farmers stopped construction work in Sectors 74, 79, 112 and 119, vandalized the equipment and even thrashed the labourers. Farmers have declared that they will not allow construction to resume till Noida and Greater Noida authorities honour the Allahabad high court order and give them additional compensation and developed plots.
Finance minister advises public sector banks to cut lending rates
Jul 05, 2013
DELHI: The finance minister said on July 3 that banks have been advised to reduce their base rates and pass on the benefit of policy rate cuts to borrowers to help stimulate growth. FM reviewed the performance of state-run banks and financial institutions against the backdrop of a sluggish economy. The government is keen to boost growth, which has slowed to a decade low of 5% in 2012-13.
Govt eases norms for use of agricultural land for construction activity
Jul 04, 2013
DELHI: Lakhs of people living in rural areas in Delhi will benefit as Delhi Government on July 3 lifted certain restrictions on use of agricultural land for construction activities.

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