July 2026 - Page 8 of 11 - NoBroker Times

Andhra Pradesh

Andhra Pradesh Govt Simplifies Assigned Land Transfers for Legal Heirs

Devasri Jul 10, 2026 0

The Andhra Pradesh government has launched a new policy allowing heirs of assigned landholders to register the land directly in…

Ahmedabad

AMC Halts Temporary Land Leasing Until New Policy Is Framed

Devasri Jul 10, 2026 0

The Ahmedabad Municipal Corporation (AMC) standing committee has frozen temporary leasing of the civic plots across the city due to…

Hyderabad

HSBC India Subleases 1,30,000 sq ft of Office Space in Hyderabad

Devasri Jul 9, 2026 0

HSBC Electronic Data Processing India has sub-leased the office space at Phoenix H09, Avance Business Hub, HITEC City. It has…

SNN Estates Expands Its Felicity Project; Targeting ₹1,000 Cr Revenue

Bangalore

SNN Estates Expands Its Felicity Project; Targets ₹1,000 Cr Revenue

Devasri Jul 9, 2026 0

SNN Estates (formerly SNN Builders), a premier real estate developer in Bengaluru, is known for luxury residential communities featuring landscaping…

The Nagpur Municipal Corporation has announced that there will be no new taxes or increase in existing taxes on the standing committee’s budget presented on June 27. However, the property tax department has introduced a proposal for a 10% property tax hike on the agenda for the committees’ first meeting, to be held on July 10. Sources say that, according to the proposal, the hike is expected to generate an additional 15.42 crore in revenue for the NMC. The property tax department has submitted a proposal as part of the annual revision in tax rates. The proposal seeks an increase in the sewerage benefit tax from 1% to 2% and the fire tax from 1% to 2%. Overall, the property tax department estimated that the revisions will result in an average 10% increase in property tax collections. However, there are no proposed changes to the state education cess, employment guarantee cess, or large residential building tax. Further, the revision is being pushed under Section 99 of the Maharashtra Municipal Corporation Act, which allows the civic body to set annual tax rates. These rates are normally approved in February. Due to the overall budget delay, officials noted that any approved hikes will be recovered by adding the revised amount to the next property tax bills. Thereby, the Standing Committee Chairperson Shivani Dani, who previously said that there would be no tax burdens, must decide whether to approve or reject this proposal during the July 10 meeting. Sourced from The Live Nagpur

Maharashtra

Despite Budget Assurances, House Tax Is Likely To Rise By 10% In Nagpur

Devasri Jul 9, 2026 0

The Nagpur Municipal Corporation has announced that there will be no new taxes or increase in existing taxes on the…

Mumbai

BMC Standing Committee Approved Policy to Regularize Non-OC Buildings

Devasri Jul 9, 2026 0

The Mumbai BMC Standing Committee has approved the OC Amnesty Scheme to regularize occupied buildings currently lacking an Occupation Certificate…

Haryana

Haryana RERA Rules Neo Developers’ Unit Cancellation Invalid, Directs Immediate Possession

Devasri Jul 8, 2026 0

Haryana Real Estate Regulatory Authority’s Gurugram bench has set aside the unit cancellation notice issued by Neo Developers, terming the…

Mumbai

Mumbai Cooperative Housing Society’s Stamp Duty Reduced to 0.5%

Devasri Jul 8, 2026 0

On July 7, 2026, Maharashtra Revenue Minister Chandrashekhar Bawankule announced a steep reduction in stamp duty for registration of 99-year…

Tamil Nadu

TN Makes Online Registration Mandatory For New Property Sales From Aug 17

Devasri Jul 8, 2026 0

Tamil Nadu registration department will make its ‘anywhere registration’ system mandatory for the first sale of plots and flats starting…

Bangalore

Bescom: Gruha Jyothi Benefits to Continue Interruption-Free During Reverification

Devasri Jul 8, 2026 0

The Chief Minister of Karnataka announced that beneficiaries of the Gruha Jyothi Scheme need to reapply and complete verification with…

Gurgaon

Andhra Pradesh Govt Simplifies Assigned Land Transfers for Legal Heirs

AMC Halts Temporary Land Leasing Until New Policy Is Framed

HSBC India Subleases 1,30,000 sq ft of Office Space in Hyderabad

SNN Estates Expands Its Felicity Project; Targets ₹1,000 Cr Revenue

Despite Budget Assurances, House Tax Is Likely To Rise By 10% In Nagpur

BMC Standing Committee Approved Policy to Regularize Non-OC Buildings

Haryana RERA Rules Neo Developers’ Unit Cancellation Invalid, Directs Immediate Possession

Mumbai Cooperative Housing Society’s Stamp Duty Reduced to 0.5%

TN Makes Online Registration Mandatory For New Property Sales From Aug 17

Bescom: Gruha Jyothi Benefits to Continue Interruption-Free During Reverification

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