June 2021

Maharashtra land fraud: Absconding Mira Bhayander town planner held in Surat | Thane News

THANE: A civic town planner from Mira Bhayander area of Thane district in Maharashtra allegedly involved in a multi-crore rupee urban land ceiling fraud was arrested from Surat in Gujarat on Friday morning, police said. Accused Dilip Gheware, a town planner posted with Mira Bhayander Municipal Corporation, along with others had fraudulently shown residential plots as agriculture ones to accumulate...

Pune, Mumbai account for half of April-June housing sales | Pune News

PUNE: The metropolitan areas of Pune and Mumbai accounted for nearly half the housing market of the country in terms of sales during the April-June period this year, revealed a report by real estate observer Anarock. The numbers were down over the January-March period, but higher than the corresponding months in 2020 when the lockdown was severe. The Anarock report revealed that Mumbai finished first in...

Runwal Group ushers in world class living with the launch of ‘Broadway’, a new tower at Runwal Avenue

Runwal Group, one of India’s leading real estate developers, recently announced the launch of a new tower ‘Broadway’ in their project Runwal Avenue at Kanjurmarg East, Mumbai. Intended to offer a world class lifestyle inspired by international standards, it will offer a smart lifestyle with a blend of connectivity, conveniences and comforts. With multiple high-rise towers, Broadway will feature...

From PM Modi’s ‘One Earth, One Health’ mantra to G7 global Covid vaccine pledge: 10 points

Coronavirus pandemic dominated the G7 summit as PM Narendra Modi called for "One Earth, One Health" mantra, Canada PM Justin Trudeau emphasised the need to build a consensus on "how to work with China" and G7 announced its global Covid vaccine plan. The G7, comprising the United Kingdom (UK), Canada, France, Germany, Italy, Japan and the United States (US), met on Saturday (Reuters photo)The Group of...

Cabinet approves Model Tenancy Act, Hardeep Puri says it will provide regulatory framework to rental housing

The Union Cabinet has approved the Model Tenancy Act. The government says this Act will provide an overhaul to the legal framework on rental housing and encourage private participation. The government said the Model Tenancy Act is expected to give a fillip to private participation in rental housing as a business model for addressing the huge housing shortage. (Representational image) (Photo: India...

Real Estate industry demands Maharashtra govt reduce stamp duty from 5% to 2% | Mumbai News

MUMBAI: The real estate industry has once again asked for a reduction in stamp duty blaming the second wave of the Covid pandemic for subdued sales. In separate letters to chief minister Uddhav Thackeray, deputy chief minister Ajit Pawar who also holds the finance portfolio and to revenue minister Balasaheb Thorat, CREDAI-MCHI, the real estate representative body has asked for reversal of stamp duty to...

Pune: Rebate in property tax till June 30 | Pune News

PUNE: The Pune Municipal Corporation (PMC) on Tuesday extended the deadline for payment of property tax at discounted rates by a month till June 30. “The PMC had introduced a special scheme of 15% discount to those who have paid tax diligently. The deadline for this scheme was May 31. It has now been extended by a month,” said Hemant Rasane, the PMC standing committee chairman. The standing...