Latest Realty News

Jul 21, 2015
NOIDA: There will be no increase in circle rates for flats in Noida and Greater Noida this year. The UP stamps and registration department on Monday announced fresh circle rates for Noida and Greater Noida, keeping in view the slump in the real estate sector. The new circles rates will come into effect from August 1.
Apr 08, 2015
PUNE: Properties registration revenue rose by a phenomenal Rs 1,388 crore over 2013-14
Mar 11, 2015
JAIPUR: Purchasing a property for more than Rs 50 lakh will cost people a pretty penny in the state since chief minister Vasundhara Raje has withdrawn the cap on registration fee
Rush for property registrations sees record stamp duty revenue
Jan 02, 2015
MUMBAI: The rush of buyers in Mumbai to get properties registered before the state's new ready reckoner regime came into effect on January 1
Delhi government makes registration of all leasehold property sales compulsory
Nov 15, 2014
NEW DELHI: Delhi government took steps to not only put an end to the confusion among property buyers and sellers but also to contain the builder mafia
Dip in TN Property Registration Leads to Revenue Stagnation
Oct 22, 2014
CHENNAI: With no major projects being registered during the first half of the financial year, property registration across the state fell by around 50,000, resulting in revenue stagnation
Guidance value to shoot up by 20-30% from November
Oct 16, 2014
Planning to buy a plot or flat? Hurry up, for the Karnataka government is set to increase guidance values by 20-30% from November
Uncertainty Over Capital Issue Sparks Land Rows
Sep 01, 2014
While the debate on the pros and cons of locating the capital city between Vijayawada and Guntur cities intensifies, the entry of unscrupulous elements into the scene has become a major cause for concern for the persons who have purchased the plots and land in this area.
Patta hurdle for land registration
Aug 19, 2014
Implementation of the new regulation has resulted in marked fall in registration of transaction of immovable properties across the state, while legitimate owners of landed property have to suffer due to delay in issue of pattas
Tech solution to end fraudulent land deals in Karnataka
Aug 19, 2014
If you are planning to buy property in the state, now onwards you won't have to spend sleepless nights worried about the genuineness of the deal
Land grab on rise in Andhra Pradesh
Aug 16, 2014
Spurt in land value, particularly after the state government's plans to locate the temporary capital between Vijayawada and Guntur, has given rise to increasing cases of land grabbing and disputes with regard to registrations and agreements
Developers protest government’s patta order
May 14, 2014
BHUBANESWAR: A recent government order making ‘record of rights (patta)’ mandatory for selling land has almost paralyzed transaction of real estate properties in various parts of the state, particularly in Bhubaneswar, for the past two weeks or so as most real estate developers don’t have pattas.
Five sub-registrar offices in Pune to stay open for longer hours
Mar 06, 2014
PUNE: Five more sub-registrar offices in the city have begun working for extended hours and on Saturdays and Sundays to help citizens register property deals and to complete the necessary documentation.
Ready reckoner painful for real estate buyers
Feb 22, 2014
MUMBAI: The state government must review its latest ready reckoner (RR) rates, which is used to calculate market value of properties for payment of stamp duty and registration charges.
Now, e-payment of stamp duty a must in Mumbai
Dec 22, 2013
MUMBAI: From December 23 and it will be mandatory for citizens to pay property stamp duty and registration fees through electronic secured bank treasury receipt (eSBTR)-an online payment service available round-the-clock.
Only a few states follow good property registration procedures: G Shyam Sunder
Dec 05, 2013
CHENNAI: G Shyam Sunder, a Chennai-based advocate, has travelled to 18 states in India to compile the different procedures and practices followed in the registration, revenue and town and country planning department. In his book titled 'Property Registration, Land Records and Building Approval Procedures Followed in Various States in India', Shyam Sunder points out to the benefits of standardising procedures. Edited excerpts of his interview with ET:
Stamp duty on sale of land in Hyderabad reduced
Nov 28, 2013
HYDERABAD:The state government on November 27 reduced stamp duty on major transactions including sale of land. According to sources, the move was forced by the Centre which is providing huge funds under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) scheme.
Noose to tighten on misuse of POA for land deals
Nov 11, 2013
MUMBAI: The central government will tighten the noose on individuals using the power of attorney (POA) for fraudulent land deals. The POA authorizes a person to carry out transactions or act legally on behalf of another.
Crucial realty document is yours only if you pay dues
Oct 10, 2013
MUMBAI: Seeking the copy of a property registration card (PRC) at the land records office can prove to be a costly affair. A PRC is a land record which provides the complete history of past owners as well as current owners. It is an invaluable document for land-owners to prove ownership. With the Right to Information Act, 2005, any citizen can seek the PRC of any plot. It is here that the catch lies.
Steps to take if a tenant refuses to vacate
Aug 06, 2013
DELHI: When it comes to the relationship between a property owner and a tenant, it’s best to be safe than sorry. Yet, hasty decisions, cutting corners and blindly trusting brokers are the reasons for many a legal battle waged by landowners against rogue tenants. Take the case of Mumbai-based Merlyn D’Souza.
R&R Policy to cover grandsons, daughters
Aug 01, 2013
BHUBANESWAR: The State Cabinet on Wednesday approved the amendment to Orissa Resettlement and Rehabilitation Policy, 2006 to make the family definition more pronounced.
Government eyes to garner Rs 840 crore revenue due to guidance hike
Jul 23, 2013
BANGALORE: Karnataka government expects additional revenue of Rs 840 crore following upward revision of guidance market value of properties, including Rs 614 crore in Bangalore Urban district, by way of increase in registration fee and stamp duty following the measure.
RWAs in Gurgaon to protest new societies Act
Jul 06, 2013
DELHI: Claiming that the Haryana Registration and Regulation of Societies Act, 2012 goes against the interest of the residents, a group of resident welfare associations is planning to hold a demonstration outside Haryana Bhawan in Delhi on July 4 morning. They say that this Act that has replaced the Societies Registration Act, 1860.
AP to synchronise revenue, land registration depts
Jul 01, 2013
HYDERABAD: The Andhra Pradesh Government will soon synchronise databases of Revenue and Registration Departments, using information technology solutions. This will allow sellers and buyers of land and properties to register from anywhere in the State
'Anywhere Registration' of property back on rails
May 27, 2013
After initial hiccups, the 'Anywhere Registration' of property project is back on the rails. The Stamps and Registrations department is all set to launch the project in two more districts, Medak and Nalgonda, on Monday

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