4 - updates found regarding "6 acre lakeside park"

central-park

Maharashtra government is expecting the revenue generated in this way to be more than 1000 crores and is planning to fund various projects like nine metro routes and Versova-Bandra sea link in Mumbai with this revenue. The stamps and registration department will collect the revenue and will pass it to the Mumbai metropolitan region development authority (MMRDA), via the Urban Development Department.

Bright real estate consultants are t...

central-park

Property tax computation in Mumbai was earlier done on the rate based value system where the charges are determined by the amount of rent collected from a given property in a year.The Brihanmumbai Municipal Corporation (BMC) has now adopted a capital value-based property assessment and tax calculation system which depends on the stamp duty ready-reckoner rate issued by the government to estimate the property value based on different parameters. This rate is revised annually which helps BMC to arrive at a realistic value.

central-park

Property tax is the capitalized and collected as tax, from property owners by municipal corporations, which is used for the development of the locality such as maintenance of roads and allocation of civic facilities like street lighting, drainage systems, parks, etc. The tax is imposed on an annual or half annual basis and is paid to the local municipal corporation. Then the property tax may vary from one  location to the other.

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central-park

Home loan hidden charges are always limelight as many buyers would like to take financial assistance to buy a house or property. Some of these some charges levied by banks.

1. MODT charges (memorandum of deposit of title deed ): MODT is the documents of property deposited by the borrower as a financial security to the bank . Govt levy charges to ...