Under a new scheme under which civic authorities will have the right to do the calculation, the penalty amount for tax on unauthorised properties would go down significantly.
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City Beat: Relief On Cards For Unauthorisied Propert
City Beat: Post Demonetisation, Property RegistratioAfter Prime Minister Narendra Modi announced demonetisation of higher denomination notes on November 8, municipal corporations across major cities in India have witnessed a dip in property tax collection. Pune has been no different, and has registered a drop of 31 per cent.
Check out What Works for Pune’s Top 5 Rental DestinaThe rental market of Pune is already flourishing as it offers educational and employment opportunities. The annual rental yield in Pune has witnessed an increase of around 3.33 per cent. The infrastructural projects such as the upcoming metro rail service and the new Greenfield International Airport based at Purandar will further boost the demand for rental apartments in Pune. MakaaniQ lists top five localities in Pune that have witnessed an increase in the rental yield in 2016.
Pune Metro Gets Centre Nod, To Boost Real EstatePune is all set to get a Metro connectivity. The Union Cabinet recently approved the first phase of the Metro network that will comprise of two corridors. While one corridor will run from the north to the centre of the city, the second will run from the east to the west. A look at residential localities in the city that will see growth upon a Metro connectivity.
Cities That Made A Mark For High Rental Growth In 20The realty sector lately has got too many surprises. The latest being the demonetization of the higher denomination currency notes. It has affected the real estate like no other but the rentals in the corporate sector for office spaces have not been affected.
last update - 15-01-2017