Mumbai property stamp duty collection scales new peak with best November everProperty registrations in the country’s commercial capital have continued to grow and has recorded 17% on-year rise with 8,865 deals, while...
30 Nov, 2022, 08.03 PM IST
Ajmera Realty & Infra April-June sales up 261% YoY at Rs 400 crore“Despite the high input cost scenario and projected high interest environment, we are observing a positive momentum from the home buyers. A...
07 Jul, 2022, 11.52 AM IST
Mumbai property registration scales yet another peak with 11,744 deals in best-ever AprilThe country’s financial capital witnessed registration of over 11,744 property deals in April, making it one of the highest performances ev...
01 May, 2022, 06.49 PM IST
India's metro system might have to look at a sound financing model to stem lossesThe cities that have operational metros today are Delhi, the seven NCR (national capital region) hubs, Bengaluru, Hyderabad, Kolkata, Chenn...
30 Apr, 2022, 10.32 PM IST
Metro cess on property registrations in Mumbai, 3 Maharashtra cities back after COVID-19 breakBhushan Gagrani, principal secretary (urban development), said the state government had taken a decision in February 2019 to levy one per c...
01 Apr, 2022, 05.13 PM IST
Mumbai property market at new peak with over Rs 1,131-cr stamp duty collection in MarchThe country’s commercial capital witnessed registration of over 16,152 residential deals in March, making it the third highest performance ...
31 Mar, 2022, 05.33 PM IST
Builders urge Maharashtra to defer metro cess levy by two yearsThe state government is planning to impose the 1% metro cess on property transactions from April 1. Developers are of the view that a new c...
14 Mar, 2022, 08.16 AM IST
- Metro reworks capital structure for its orr link
In 2016, Namma Metro had hoped to raise Rs 1,100-Rs 2,000 crore through “innovating financial mechanisms.
04 Feb, 2019, 11.06 AM IST
Bruhat Bengaluru Mahanagara Palike's proposal aims to improve mobility under Smart Cities missionIn the past, the Bengaluru Traffic Police and the Directorate of Urban Land Transport have batted for congestion tax in the city.
17 Aug, 2016, 10.41 AM IST
Airfares in New Year to cost more as govt levies 2 per cent cessUp to 100-seater planes will operate with a fare cap of Rs 2,500 per hour of flying and the government will give VGF from the fund collecte...
07 Nov, 2015, 11.34 AM IST
- Bangalore Metro to float tax-free bonds to raise money
In a first for Metro transport sector in the country, Bangalore Metro Rail Corporation is set to issue tax-free 'Metro' bonds to raise mone...
10 Feb, 2012, 07.37 PM IST
- Delhi may impose special cess on oil to raise money for Metro
Delhi may impose a special cess on petrol and diesel to raise money for expanding the Metro rail network in the Capital ahead of next year’...
05 May, 2009, 12.27 AM IST
- Centre won't extend fiscal largesse to metro plans
The Centre has decided not to extend any fiscal concession to metro projects. It has, however, suggested the state may share some financial...
03 May, 2007, 12.29 AM IST
- Travellers may now fund unviable airports, routes
Air travel may become costlier. The civil aviation ministry is considering imposition of a cess on air travel to fund development of econom...
06 Feb, 2007, 03.26 AM IST
- Airline industry in a flutter as Patel grounds congestion levy
The domestic airline industry appears divided on the just imposed Rs 150-congestion cess by some carriers even as civil aviation minister P...
06 Dec, 2006, 12.39 AM IST
- Government plans a cess encore
The government is likely to levy a cess of Re 1 per square feet on commercial properties across the nation.
17 Nov, 2006, 12.53 AM IST
- Govt mulls Re 1/sq ft cess on commercial properties
The real estate developers feel that ultimately the charge will have to be borne by the consumers.
17 Nov, 2006, 12.53 AM IST