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UNOCCUPIED PROPERTIES
One-time relief for these Greater Bengaluru property owners: Electricity connection without Occupancy CertificateGreater Bengaluru Authority now allows electricity connections without an Occupancy Certificate for homes on plots up to 2,400 sq. ft. This...- West Bengal CM Suvendu Adhikari may move into new Alipore residence near Mamata Banerjee's Kalighat homeWest Bengal's new Chief Minister Suvendu Adhikari is considering a move to the Soujanya complex in Alipore. This high-security residence wa...
- Why buying properties in India may not be a smart idea for NRIsLosses from unoccupied properties repaired remotely at a steep cost; distress from unscrupulous renters; unfamiliarity with local laws and ...
- Burglary at ex-cricketer Azharuddin’s Lonavala bungalow; Rs 50,000 cash & television stolen, property damagedA burglary occurred at Sangeeta Bijlani's Lonavala bungalow between March and July 2025, with intruders stealing cash and a television afte...
- Fire breaks out at Sattva Knowledge City in HyderabadA fire erupted on the fifth floor of Hyderabad's Sattva Knowledge City Saturday morning. Responding firefighters battled the blaze, which s...
- Spanish village on sale, priced at Rs 2.1 crore. Details hereA Spanish village with all the buildings and amenities included is up for sale for Rs 2.1 crore.
- How NRIs can benefit from rental bonds and managed accommodationThere are many NRIs that prefer to invest in Indian real estate and earn rental income. One of the hindrances faced by them is the maintena...
- Need for steps like ease of capital, property tax relief to promote rental housing projects: CBREThe government needs to take measures for improving financial viability of rental housing projects such as exemption of property tax for pr...
- Inform policyholders about unoccupied properties, IRDAI tells insurersIn a statement, the IRDAI welcomed the stand of the general insurance industry to continue to extend insurance cover for properties covered...
- Insurers not to cancel fire hazard coverage“Properties of such policyholders shall be deemed to be covered subject to the policy being in force,” it said.
- Empty manufacturing plants may lose property coverLarge manufacturing plants that have fallen silent due to the lockdown risk losing their insurance cover if the Covid-19 induced restrictio...
- Fire covers now face termination hazardThe association has appealed for the intervention of Irdai in advising insurance companies to desist from cancelling policy contracts on th...
- Survey kicks off to monetise government land bankModi government is aiming to rationalise the use of residences, land and buildings, and generate revenue.
- Corporates can now buy house insurance policyThe policy covers structure of the house, contents, portable equipment, jewellery and valuables along with curios, works of art on agreed v...
- A fifth of China's housing is empty. That's five crore homesA study shows that every fifth house in China is empty, which is highest anywhere in the world.
- The tax that no one saw coming: A rude shock builds up for builders across IndiaFor realtors of India, here comes a tax jolt that few — or probably none of them — have accounted for.
- Realtors look to redevelopment as land supply dries up in cityWith limited availability of open land parcels in the city, major developers are now looking at venturing into the redevelopment space, say...
- NRIs fear DTC taxing properties in India: SICCINRI industrialists here have expressed apprehensions about proposed DTC, which may tax their properties and foreign currency deposits in In...
- Govt mulls tax cut on rental income for agedThe government is considering a proposal to exempt tax on rental income for senior citizens. At present, every age group enjoys tax exempti...
- Govt may raise tax cap on rent incomeHouse owners may be in for a bonanza this Budget. The government may increase the tax exemption ceiling on rental income from existing 30% ...
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