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      • 7th Jun 18

        Noida May Cut Down Circle Rate

        While buyers are demanding rationalisation of circle rates, they are also asking the state government to allow them to register their property on the basis of first sale consideration amount. A call on their demand could be taken on a meeting scheduled on June 6.
      • 9th Apr 18

        Gurgaon Circle Rates Hiked By 15%

        In a move that is likely to help authorities meet the twin objectives of generating more revenues and equalising the differences in rates in various sectors, the Gurgaon district administration has hiked circle rates by up to 20 per cent, for the second time in two months. The revised circle rates come into effect from April 9. It was on February 12 when circles rates were revised in Gurgaon after a gap of four years.
      • 1st Jun 18

        Monsoon To Hit Mumbai By June 7. Is BMC Prepared?

        To avoid last year’s flood-like situation, the BMC has started the groundwork ahead of monsoon which includes auditing of trees, cleaning of drains, deepening of the Mithi river, etc.
      • 25th May 18

        Mumbai Monorail Phase-II May Be Operational Soon

        After missing many deadlines, Phase-II of the Mumbai Monorail will be operational soon. The route, which was slated to get operational in December 2017, got delayed due to shortcomings found in the safety parameters. While Phase-I operations are still suspended after the fire broke in two coaches of the Monorail rake in November last, the state government has shelved all Monorail projects that were proposed in the metropolitan region (MMR) due to financial reasons.
      • 2nd Feb 18

        Budget 2018: Jaitley Proposes 5% Circle Rate Valuation; Realtors Give A Mixed Review

        In the Budget Speech on February 1, Finance Minister Arun Jaitley announced that if a property is being sold at a price lower than the circle rates, no adjustments would be made if it doesn't exceed five per cent of the consideration. Developers have welcomed the move of the government recognising that the price variation within certain zones is possible. However, there are some who are disappointed because they feel that the stamp duty should be levied on the actual selling price and not on the circle rate value.
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