Real estate buyers will shortly be able to air their grievances in a hassle-free manner with the state-level Real Estate Regulatory Authority. Once the authority is set up, homebuyers and customers of commercial estates can register their appeals against any…
BDA Plans to demolish upto 195 Apartment and High rise buildings in bhubaneswar, possible?
The development authorities here have decided to demolish 195 apartment and high-rise buildings that have come up on government and private land without the approval of regulatory bodies. Housing and urban development minister Puspendra Singh Deo, in a written reply…
Side Effects of demonetisation : Land registrations in Odisha falls
Demonetisation has led to a significant drop in the number of land registrations in Odisha. According to the figures available with Inspector General of Registration (IGR) office here, since November 9 to December 6, atleast 13407 registrations of immovable property…
Real Estate Market takes a hit in Bhubaneswar, will it bring correction to land prices?
The Centre’s surprise move to demonetise currency notes of Rs 500 and Rs 1000 has badly hit property transactions across Odisha. The city of Bhubaneswar which is State’s most expensive place to buy real estate property has not recovered from…
Planning to build a house in Bhubaneswar? Get ready to pay 1% Labour Welfare Cess
Building your dream home here is going to become a bit costlier now as the local urban development authority is all set to collect an additional tax from the citizens towards welfare of construction workers. The Bhubaneswar Development Authority has…
Land and Houses Purchased in the name of Women to cost less : Odisha reduces stamp duty to 4% now
In a bid to empower women, the Odisha government on Wednesday reduced the stamp duty by one per cent on purchase of land and houses in names of women in the state. “In a historic decision, Chief Minister Naveen Patnaik decided…