Under Construction Properties for Sale in Zirakpur punjab Chandigarh

The Punjab and Haryana High Court has emphasised the rule laid out in Section 23 of the Maintenance and Welfare of Parents and Senior Citizens Act 2007. It has ruled that property transferred to a son or daughter can be revoked in case such parents find themselves being harassed by them.

In a recent case, the Supreme Court has asked the Punjab and Haryana High Court to reconsider its decision of enhancing the market value of land acquired in Hisar district by nearly 17 times, that is from Rs 12 lakh per acre to Rs 2 crore per acre.

The government has increased the carpet area of houses eligible for interest subsidy under the Credit-Linked Subsidy Scheme (CLSS) for the Middle-Income Group (MIG) under the Pradhan Mantri Awas Yojana (Urban). Now, the carpet area of houses for the MIG-I category has been increased to 160 square metre (sqmt) while the carpet area for homes for the MIG-II category has been fixed at 200 sqmt. Earlier the carpet area for the MIG-I category was fixed at 120 sqmt and 150 sqmt for the MIG-II category.

Days before the central bank announces its bi-monthly monetary policy, as many as four banks have revised their lending rates, a move that would make home and automobile loans costlier for borrowers. The 10-basis-points (BPS) hike in rates announced by two private and two public banks comes into effect from June 1.

Since “all obstacles have been removed”, the 29-kilometre Dwarka Expressway could be ready in another one-and-a-half year, says Gurugram Metropolitan Development Authority Chief Executive Officer V Umashankar. The project, aimed at decongesting the Delhi-Gurgaon highway, was stuck owing to land acquisition issues at New Palam Vihar and Kherki Daula.