HMDA's post-hiatus land auction saw zero sales across 93 plots in Rangareddy districts. Sky-high upset prices (₹35k-₹1.75L/sq yd) deterred bidders, signaling market strain amid Telangana's revenue targets.
Mumbai registered 11,211 property transactions in June 2025, marking the second-highest June performance in six years despite broader market challenges across India.
Zirakpur emerges as leading property tax collector in Mohali district with Rs 15.47 crore, followed by Kharar's Rs 4.26 crore under extended OTS scheme.
Delhi MCD extends property tax geotagging deadline to Feb 29, 2024. Residents can get a 10% tax rebate for self-geotagging before the deadline. This initiative aims to improve urban planning and revenue collection.
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.
Delhi Cabinet approves first property registration fee hike in 45 years, aiming to boost revenue collection from ₹1.5 crore to ₹100 crore annually.