Patna Civic Body Seals Properties
In a decisive move, the civic body in Patna has initiated the process of sealing properties owned by 784 tax defaulters. This regulatory action signals a firm stance against individuals or entities failing to meet their property tax obligations, highlighting the civic body's commitment to maintaining fiscal discipline and ensuring compliance within the real estate sector.
The decision to seal properties comes as part of the civic body's efforts to address the issue of tax arrears and bring accountability to property owners. The 784 tax defaulters, now subject to regulatory action, repr..
Gurugram Civic Body Takes Strict Action Against Top Tax Defaulters
In a decisive move to tackle tax evasion, the Gurugram civic body has initiated the process of sealing and auctioning properties belonging to prominent tax defaulters. This stern measure aims to address the issue of non-compliance and ensure that individuals and businesses meet their civic responsibilities. The city authorities are actively identifying and targeting those who have accumulated substantial tax arrears. This action serves as a deterrent, signalling a commitment to maintaining fiscal discipline within the community. Such stringent steps are essential for sustaining the city's infr..
VMC cracks down on tax defaulters, imposes fines on negligent operators
DLF Launches Luxury Project in Gurugram
DLF, India's leading real estate developer, has unveiled an ambitious luxury housing project in Gurugram, valued at ?2.5 billion. Located in Sectors 76 and 77, the DLF Privana project spans over 116 acres and includes high-rise apartments offering spectacular views of the Aravalli Range.
The latest phase, DLF Privana West, features 795 luxury apartments which sold out within three days of launch, generating around ?550 million. This follows the success of DLF Privana South, which sold 1,113 units for approximately ?720 million earlier in the year. These developments highlight the stron..
Migsun Group Plans Rs 5 Bn Investment in Greater Noida Projects
Migsun Group, a prominent real estate developer, has unveiled plans to invest Rs 500 crore in four new projects located in Greater Noida. This initiative is part of the company's strategic efforts to enhance its presence and contribute to the burgeoning real estate sector in the region.
The investment will be directed towards the development of residential and commercial properties, aimed at meeting the increasing demand for quality real estate in Greater Noida. These projects are expected to not only expand Migsun Group's portfolio but also generate employment opportunities and stimul..