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Experts said that societies should ensure there is a clause in the agreement with the builder that the project is completed within three years. A period longer than three years could attract long-term capital gain tax demand by the income tax department.

Sand Prices: The construction industry in Hyderabad is facing a setback due to the abnormally high prices of fine sand. The cost of sand per tonne has increased significantly, putting an additional burden on buyers and impacting small and medium-scale buyers. This article discusses the reasons behind the price hike and the potential solutions to the issue.

“The endeavour is to reduce dependency on thermal power and conventional energy sources for the city. Giridih’s daily power need is approximately 40 megawatts (MW),” KK Verma, director of JREDA, told TOI.

"The demerger will unlock the value of the real estate and hospitality business for the companys shareholders, enable a differentiated strategy to capture the huge potential of the Indian hospitality sector, and attract a distinct set of investors, partners, collaborators, and leadership talent focused on the hospitality business," D B Realty said.

Last year, New York buildings with at least one rent-­stabilized apartment sold on average for $203,000 a unit, down 34% since 2019. One of the key reasons for drop in apartment prices in New York is tough rent control. These rules benefit longtime tenants at the expense of newcomers, and they’re an inefficient way to help those who need it most, scholars have found.

The newest combination, to be named "Barratt Redrow", aims to deliver more than 22,000 homes each year in the medium term, or 57% to 63% more than the 13,500 to 14,000 deliveries Barratt expects to deliver by itself in fiscal 2024.

Lieutenant Governor V K Saxena, while approving the budget, said the authority will undertake several developmental projects during the next financial year that will focus on better housing, aesthetic upgradation of the landscape and restoration and preservation of the citys heritage.

"Several decisions were given the go-ahead for housing schemes to boost the sector and for development of Narela sub-city. The authority approved the proposals on change of land use in public interest - in Ghazipur for setting up RFID, in Auchandi village for construction of electrical sub-station, in Jangpura for RRTS installations," the statement read.

Kim Kinnaird, director of mortgages at Halifax, said a recent drop in mortgage rates, falling inflation and a resilient labour market had boosted confidence among buyers and sellers in early 2024.

NMC: The ongoing amnesty scheme by Nagpur Municipal Corporation has collected ₹18.63 crore. Over 25,000 property owners have availed the scheme, which provides relief for tax defaulters. Read more about the scheme and its impact.