News articles tagged Government Policy

Chandigarh Sees Sharp Hike in Collector Rates

The Chandigarh Administration's significant hike in collector rates, effective April 1, 2025, impacts various property types, leading to widespread criticism from traders and property dealers.

Bhopal Property Prices Set for 2025 Surge: 5%-250% Hike Proposed at 230 Locations

Bhopal property prices to surge by 5-250% in 230 areas starting April 2025. Proposed rate hikes by district officials mark a second increase in one year, challenging home buyers and reshaping local real estate dynamics.

Not many infra projects getting off ground a concern: Munjal

Hero MotoCorp's Sunil Munjal discussed the economic growth and challenges in infrastructure projects at an event. He highlighted the need for faster decision-making and implementation to attract foreign investments and mentioned high land and lending costs as concerns.

Green building concept fails in Madhya Pradesh

Madhya Pradesh fails to attract builders for green building projects despite government incentives.

Union Govt Decision to Allow More Retail FDI attracts Mixed Reaction

Odisha real estate developers welcome the government's decision to allow 51% retail FDI, believing it will boost the real estate sector and the state's economy.

Union Govt. Decides to Allow More FDI in Retail Sector

Odisha real estate developers welcome the government's decision to allow 51% FDI in retail, believing it will boost the real estate sector and the state's economy.

Housing and Real Estate: Telecom negatives present challenges

Economic Survey acknowledges services sector significance but raises concerns, suggesting phased FDI retail approach in metros, potentially with a lower cap.

Greater Noida farmers want more money, not land

Farmers in Noida Extension seek better compensation and land return, advocating for a solution that benefits both themselves and homebuyers while addressing grievances with the government.

Revision of Property Taxes in Delhi

Delhi Municipal Corporation plans to increase property tax rates following the Delhi government's circle rate hike. Experts predict a potential 2:1 ratio of impact, implying a 100% property tax increase for a 200% circle rate rise. However, the tax revision might be less substantial in areas with smaller circle rate increases.