3 - updates found regarding "green open spaces"

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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...

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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.

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India has 102 operational airports as of December 2018 and many more on their way . Their development in any area is going to boost  the real estate sector in a huge way. Often we encounter broaches staying distance between airport and their site of construction as a key factor for their marketing . This is an eye opener to everybody encompassing the importance of an airport nearby . It’s presence is going to uplift the city’s image as destination for business in a way demand for commercial teas estate.Commercial activity m...