The first budget of the Maha Vikas Aghadi (MVA) government, presented in the assembly on March 6, 2020, seeks to provide a fillip to infrastructure development in the state, by proposing an outlay of … READ FULL STORY
The Brihanmumbai Municipal Corporation (BMC), which is the richest civic body in the country, unveiled its Budget for 2020-21 with a total outlay of Rs 33,441 crores, which is 8.95% more than the last … READ FULL STORY
The chairman of the Central Board of Direct Taxes (CBDT), Pramod Chandra Mody, has said the tax payers’ charter announced in Budget 2020, will be notified very soon and once operationalised, India will be … READ FULL STORY
The Maharashtra government, on March 8, 2019, approved a Rs 1,722-crore budget for Pune Metropolitan Region Development Authority (PMRDA), more than half of which will be spent on metro rail and a ring road. … READ FULL STORY
The Noida Authority, on March 1, 2019, announced its annual budget for 2019-20 at Rs 5,827 crores, up from last fiscal’s Rs 4,900 crores. The Authority also announced releasing its share in the funding … READ FULL STORY
Athira Sreedevi KV, a government employee, took a one-bhk apartment on rent in Bandra as it was close to her office, even though it meant spending much more on rent than what she was … READ FULL STORY
In a move aimed at giving relief to the rural population, the Delhi government has directed the divisional commissioner to commence the process of extension of the Lal Dora areas in all villages and … READ FULL STORY
The Delhi Development Authority (DDA), on April 11, 2018, presented its budget for FY 2018-19, along with revised estimates for 2017-18, before the Authority, the DDA’s highest decision-making body, during a meeting held at … READ FULL STORY
The Brihanmumbai Municipal Corporation (BMC) has spent Rs 5,052 crores on capital expenditure (amounting to 83 per cent), against the allotted budget of Rs 6,111 crores in the fiscal 2017-18. This is 31 per … READ FULL STORY
With a focus on speedy implementation of various infrastructure projects in the megapolis, Maharashtra chief minister Devendra Fadnavis, on March 22, 2018, approved the Rs 12,156.95-crore budget presented by the Mumbai Metropolitan Region Development … READ FULL STORY
Thane municipal commissioner Sanjeev Jaiswal, on March 30, 2017, presented a Rs 3,390.78-crore budget for the fiscal year 2017-18, which showed a surplus of Rs 24 lakhs. Jaiswal proposed a 10% increase in property … READ FULL STORY
The state of the Indian economy, suggests that the government will have to walk a tight rope with the Union Budget 2017-18, amidst forecasts of a slowing economy. Although banks are now flush with … READ FULL STORY
Many within the Indian real estate fraternity, privately admit that the government’s demonetisation drive, has done more damage to the real estate business than even the Lehman Brothers crisis. “The sector has suffered badly, … READ FULL STORY
