Latest Property News


Flat owners in Kochi can file RTI for annual financial reports

It is mandatory for the associations to file annual financial reports and the details of their office bearers with the registration department, all of which can be obtained through RTI.


Ahmedabad: Court refuses to stay JP Infrastructure from using ISCON trademark

In a setback to the International Society for Krishna Consciousness (ISKCON), a local court refused to stay the temple’s neighbour, a real estate developer, from using the trademark ‘ISCON’.


Property tax defaulters in Ludhiana to pay 10% penalty from January 1

Until December 31, the owners will have to pay just the property tax without any penalty or interest, while from January till March, there will be 10% penalty and after March, interest will also be added to the outstanding.


Telangana HC asks government, DLF, others to reply in Rs 580 crore land case

The land, situated inside Knowledge City at Raidurg, was originally bought by DLF which later handed it over to DLF Raidurg developers firm.


Projects under lens with Karnataka-RERA's on-site checks

K-RERA has also launched an enforcement drive to ensure developers comply with its orders passed in various cases and to collect penalty from those who don’t.


Ansal Properties to sell 66% stake in IT SEZ project to Migsun Group

Separately, Migsun group said it has acquired an entire 100 per stake in this project from Ansal Properties and HDFC. In a statement, Migsun group said it has acquired HDFC and Ansal's stake in Ansal IT City and Parks.


Mumbai: Property registrations at all-time high in December

ET had reported on December 18 that the performance in December had already broken all the monthly records in just the first half of the month and was expected to close with the highest numbers ever. November month’s performance itself was an 8-year high record number.


SEBI imposes fine on Embassy Property for norm violations

The capital market regulator received a letter dated September 19, 2019 from Vistara ITCL (India) Ltd, a debenture trustee, providing a list of companies from which Vistara had not received the 'Half Yearly Communication' for the half year ended March 31, 2019, till that date as per the norms.


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