Noida may see its first circle rate increase in almost a decade with notable hikes in residential areas, expected to significantly impact buyers and sellers.
India's Raipur implements an AI-powered property registration system combining artificial intelligence and blockchain to streamline processes, reduce fraud, and cut approval times from one month to three days for enhanced real estate transparency and efficiency.
Greater Noida introduces AI-powered property registration system, slashing processing time by 70% and enhancing transaction transparency to combat fraud in real estate markets.
Noida Authority directs real estate developers to pay debts and get permission to register apartments for homebuyers.
Mumbai saw 11,504 property registrations in April 2024, generating over INR 1,043 crore in revenue. Real estate developers are optimistic about growth, citing increased demand and infrastructure projects.
Pune's property registrations surged 46% YoY in January 2024, fueled by strong demand. Homes priced between ₹50 lakh and ₹1 crore saw the most activity, capturing 32% of sales.
Ghaziabad's circle rates, crucial for property transactions and stamp duty, are determined by property type, location, and infrastructure. Check the latest rates online.
Mumbai developers like Oberoi Realty, Godrej Properties, and Hiranandani Group are acquiring land in Ayodhya, driving property price increases by 179% post-temple opening.
This article explains the process of registered mortgages in India, detailing application steps, benefits, and how to remove registrations effectively.
Telangana's property registration process involves online document submission, e-KYC, and Aadhaar verification. Buyers must pay stamp duty and registration fees, ranging from 0.5% to 5% of the property value.
The article discusses circle rates in Noida, UP, for 2022, their impact, and how to check them online. Circle rates affect property registration, valuation, and government revenue.
Noida homebuyers face increased EMIs due to delayed apartment registrations. Banks are charging an additional 2% interest because of unresolved issues between the Noida Authority and developers.
The State Legislative Assembly reduced stamp duty on first-time registrations of apartments priced between Rs 35 to 45 lakhs to 3%, aiming to boost the real estate sector.
Karnataka Government plans to cut guidance values by December, potentially boosting the property market. A lower guidance value is expected to increase property registrations and government revenue.
Tamil Nadu's Minister for Commercial Taxation reviews strategies to boost property registration revenue post-COVID-19, with measures to streamline processes and enhance efficiency.
Greater Noida Authority has decreased real estate transfer fees on resale properties. For residential properties, transfer fees have been reduced to 2.5%.
MahaRERA mandates disclosure of apartment sales and reservations to curb fraudulent practices by developers and protect buyers.
CREDAI-MCHI urges Maharashtra government to reduce stamp duty to 2% in Mumbai to revitalize housing demand amidst the COVID-19 pandemic, citing reduced sales and state revenue.
Gujarat RERA imposed fines on Devnandan Builders, Dwarkadas Pritamani, and Shivalik Infraspace for violating RERA rules. Violations included booking apartments without registration and accepting advance payments beyond the permitted limit.
YEIDA has initiated the registry of residential plots in sectors 20 and 18 after a 12-year delay, with 5,500 registrations completed and an additional 2,500 planned by March 31.
The Madras High Court has reinstated the ban on registration of unapproved plots in Tamil Nadu and seeks details on applications violating the 2016 ban order. A special sitting is planned to address the issue.
The Haryana government has reduced circle rates by 15% in Gurgaon to boost the declining real estate market and stimulate buyer interest.
Pune's Inspector-General of Registration has launched an SMS facility for property document updates, significantly easing the process for citizens and improving access to registration details.
Karnataka Government to issue all-in-one property cards in Bangalore. The initiative aims to streamline property documentation and reduce fraud.
Noida and Greater Noida authorities caution defaulting developers to clear dues or face consequences, impacting flat registrations and home buyers due to financial crunch.