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PMC may sell its flats in open market to generate income

PMC standing committee chairman Hemant Rasne said, “My efforts as head of the standing panel is to generate more revenue for the civic body. Instead of following the traditional ways to increase taxes, I am looking at other options. PMC owns more than 10,000 flats in the city that are lying vacant.”
PMC new building at corporation in Pune, India, on Monday, June 18, 2018.(Rahul Raut/HT PHOTO)
PMC new building at corporation in Pune, India, on Monday, June 18, 2018.(Rahul Raut/HT PHOTO)
Updated on Aug 27, 2020 05:58 PM IST
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Hindustan Times, Pune | ByAbhay Khairnar, Pune

IT Park flats: Chandigarh Housing Board to also offer four-BHK flats

The flats are estimated to cost 3 crore.
HT Image
HT Image
Updated on Feb 05, 2020 01:08 AM IST
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Hindustan Times, Chandigarh | By, Chandigarh

Homebuyers prefer flats over villas with 70% NCR projects being high-rises: Report

Experts opined that preference for apartments was more because people were embracing a lifestyle in condominiums.
The report by Anarock, a real estate consultancy, said that in Gurugram around 73% homebuyers in 2019 bought an apartment in a high-rise instead of investing in plots or villas.(Photo by Parveen Kumar/Hindustan Times)
The report by Anarock, a real estate consultancy, said that in Gurugram around 73% homebuyers in 2019 bought an apartment in a high-rise instead of investing in plots or villas.(Photo by Parveen Kumar/Hindustan Times)
Updated on Jan 21, 2020 12:42 PM IST
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Hindustan Times, Gurugram | ByHT Correspondent

Registration of flats for Amrapali home buyers begins in Noida

There are around 10,000 homebuyers of the Amrapali group, staying in Silicon City in Sector 76, Princely Estate in Sector 76, the Zodiac project in Sector 119, Platinum in Sector 119 and Eden in Sector 50. The residents will need to execute flat registries so that the title deed can be transferred into their names from that of the builder’s.
The Amrapali Sapphire housing project is located in Noida Sector 45.(HT PHOTO.)
The Amrapali Sapphire housing project is located in Noida Sector 45.(HT PHOTO.)
Updated on Aug 21, 2019 03:44 PM IST
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Hindustan Times, New Delhi | By

Revised GST for under-construction flats explained

The new rates came into force from April 1 after the GST Council in March approved the proposal in this regard with a view to boosting demand in real estate sector.
The new rates are applicable to all projects which commenced on or after April 1, 2019 as well as for on-going projects(Sunil Ghosh / Hindustan Times)
The new rates are applicable to all projects which commenced on or after April 1, 2019 as well as for on-going projects(Sunil Ghosh / Hindustan Times)
Published on May 26, 2019 10:21 AM IST
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Hindustan Times, Lucknow | ByHT Correspondent

DDA adds 7,500 more flats in new housing scheme; most MIG, EWS

The Delhi Development Authority (DDA) has added nearly 7,500 more flats in its upcoming housing scheme likely to be launched on Thursday.
The Delhi Development Authority (DDA) has added nearly 7,500 more flats in its upcoming housing scheme likely to be launched on Thursday.(HT Archives)
The Delhi Development Authority (DDA) has added nearly 7,500 more flats in its upcoming housing scheme likely to be launched on Thursday.(HT Archives)
Updated on Mar 06, 2019 07:42 AM IST
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Hindustan Times, New Delhi | ByRisha Chitlangia

Relief for homebuyers as GST on under-construction flats slashed to 5%

The GST Council also cut tax rates on affordable housing to 1 per cent from the current 8 per cent .
Finance Minister Arun Jaitley briefs the media after the GST Council meet on Sunday.(ANI)
Finance Minister Arun Jaitley briefs the media after the GST Council meet on Sunday.(ANI)
Updated on Feb 24, 2019 06:02 PM IST
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New Delhi | ByPress Trust of India

MHADA lowers cost of flats in Mumbai by 25%-30% after poor sales

Hit by poor sales, the Maharashtra Housing and Area Development Authority (MHADA) on Friday announced it will reduce by 25% to 30% the prices of the 1,194 apartments it plans to sell in a lottery draw in the next few months.
(HIndustan Times)
(HIndustan Times)
Published on Oct 13, 2018 12:16 AM IST
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Hindustan Times | By, Mumbai

Consumer forum orders refund for delay in delivery of flats

The Imperia Esfera project was launched in 2012 in Sector 37-C and it comprised of around 580 flats in eight towers. The project was to be delivered in three years with a grace period of six months, said buyers.
The Imperia Esfera project was launched in 2012 in Sector 37-C and it comprised of around 580 flats in eight towers. The project was to be delivered in three years with a grace period of six months, said buyers.(HT FILE PHOTO)
The Imperia Esfera project was launched in 2012 in Sector 37-C and it comprised of around 580 flats in eight towers. The project was to be delivered in three years with a grace period of six months, said buyers.(HT FILE PHOTO)
Updated on Sep 24, 2018 03:34 PM IST
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Hindustan Times, Gurugram | By, Gurugram

Parel fire in Mumbai: More residents move back into flats

The flats are without water or power supply.
The fire killed four people.
The fire killed four people.
Published on Aug 25, 2018 01:39 AM IST
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Hindustan Times | BySteffy Thevar, Mumbai

60K apply for 9,018 flats as Mhada demand drops in Mumbai

Housing experts blame Mhada for the situation.They claimed that high costs are being levied on houses, due to which the numbers of applicants have fallen.
In the last ten lucky draws, more than 16 lakh applicants tried their luck for the 24,851 houses that were put on block.(HIndustan Times)
In the last ten lucky draws, more than 16 lakh applicants tried their luck for the 24,851 houses that were put on block.(HIndustan Times)
Updated on Aug 19, 2018 12:14 AM IST
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Hindustan Times | ByNaresh R Kamath, Mumbai

GDA files FIR for delay caused by developer in delivery of 100 flats

The developer claimed no delay in taking up the completion certificate
Officials said that the matter pertains to one of the towers of the Mahagun Puram project at Mehrauli near NH-24. The tower comprises 100 housing units where work is allegedly pending causing delay in issuance of completion certificate, said officials.(Sakib Ali/HT PHOTO)
Officials said that the matter pertains to one of the towers of the Mahagun Puram project at Mehrauli near NH-24. The tower comprises 100 housing units where work is allegedly pending causing delay in issuance of completion certificate, said officials.(Sakib Ali/HT PHOTO)
Updated on Apr 19, 2018 10:42 PM IST
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Hindustan Times | By, Ghaziabad

Noida authority to allot flats to slum dwellers to free up prime land

The authority has constructed 3,458 two-room flats in three storey towers in Sector 122 with the aim to provide housing to slum dwellers.
The authority had decided to provide flats to only those who were living in these slums till the end of 2010, as per the survey report.(Burhaan Kinu/HT Photo)
The authority had decided to provide flats to only those who were living in these slums till the end of 2010, as per the survey report.(Burhaan Kinu/HT Photo)
Published on Mar 27, 2018 05:48 PM IST
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Hindustan Times | By, Noida
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