Listen To The Article The wait for hundreds of homebuyers of Vipul World, a housing society situated on Sohna Road, Gurugram for new electricity connections is to be expected to end soon. This is as the developer has finally submitted the necessary bank guarantee of about Rs 10 crore to DHBVN. Around 18 months back, the DISCOM had stopped allotting fresh connections to the housing societies...
Listen To The Article The construction ban on NCR residential properties will go into effect only when the air quality falls into the very low category, according to the rules of the Graded Response Action Plan (Grap). According to Anarock, a construction ban in Delhi-NCR owing to severe pollution might affect nearly 500,000 under-construction residential units. According to the report, if a...
Listen to The Article The company, which primarily operates senior living facilities, announced in a statement that it has opened a 22-acre kid-centric project called “Ashiana Amarah” in Sector 93, Gurugram. Despite a rise in home loan interest rates, Ashiana Housing Ltd said on Monday that it had sold all 224 flats in its new Gurugram housing complex for Rs 242 crore, owing to festive...
Amit Madholia, district town planner (enforcement), stated that action was taken against the 18 societies and notices were posted at the premises in accordance with the DTCP director's office's instructions. The department of town and country planning (DTCP) has prohibited the purchase and sale of properties in 18 residential societies in Gurugram due to licence violations and non-payment of dues,...
The district town planner (enforcement) has asked the developers of 17 residential societies experiencing construction-related concerns to submit structural and architectural plans by Friday. Following submission, the district administration will issue work orders to a committee of four agencies on Monday to carry out the structural examination of these societies. The decision was made on Wednesday...
The Haryana Real Estate Regulatory Authority (H-Rera) has ordered developer ILD to submit a resolution plan for an unfinished project in Sector 37C and give over units to allottees. The regulator warned the builder that the project must be completed or the builder's land, offices, plots, and flats will be attached or auctioned to obtain lacking cash to complete the project, which has been in doubt...
Home Loan Top up funds can be used for anything from purchasing furnishings to building, extending, or renovating your home. It is available to existing home loan borrowers with no security or guarantee required. Interest rates are lower, and you can get tax breaks on your home loan refinance. The lowest interest rate on a top-up house loan is 7.10%. Repayment terms can be the same as those of a home...
Ardee City homeowners have been the first to obtain a refund from Dakshin Haryana Bijli Vitran Nigam (DHBVN) on event fees they paid because the builder failed to construct enough electricity infrastructure within the township. The discom would pay back a total of 2,272 Ardee Metropolis customers a total of Rs 1.84 crore. The reimbursement will be given to the inhabitants because the developer paid...
As many as 30 homebuyers filed a case against Raheja Developers Limited, requesting a return of the total sum collected from them for consideration of the units, plus interest, due to the project's delay in development. The National Consumer Disputes Redressal Commission (NCDRC) has ordered Raheja Developers to refund homebuyers' deposits as well as interest for delaying its project Revanta in Sector...
TDS should be deducted from the sale price of an NRI-purchased property, and the rest should be given to the NRI seller. If you buy a property from a Non-Resident Indian (NRI), you must deduct tax (TDS) as required by Section 195 of the Income-tax Act of 1961. (ITA). When you make a payment to an NRI for the acquisition of a property, you must deduct tax. This is only valid if an advance is being...
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