Real Estate in Chennai
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Soon property registration to be done as per token system
Presently, the system of according the priority for property registration is given according to the time of the people visiting the registration offices.
Posted On :26/Aug/2018 7:10:00 PM
Concession for the interest rates from Housing Board extended
The concession in the interest rates as given by the State Government of Tamil Nadu for those who got allotments from the Housing Development Board has been extended for a further 6 months.
Posted On :26/Aug/2018 6:57:31 PM
14847 Property registrations in a single day
Yesterday, Monday, 20th August, was the 1st working day after the start of the Tamil calendar month of Avani. On this single day, the Department of Property Registration has reported that 14847 properly documents were registered.
Posted On :21/Aug/2018 11:38:09 AM
Areas were multi-storeyed buildings are not permitted in Chennai
A member-secretary of the CMDA (Chennai Metropolitan Development Authority) council had submitted a letter proposing certain changes in the rules and regulations of the present system.
Posted On :16/Aug/2018 3:37:14 PM
Increase in stamp duty and registration fee by Tamil Nadu government
Sources from the Commercial Taxes and Registration department informs about a government order of increasing the stamp duty and registration fee on agreements related to deposit of title deeds by Rs 5,000 and Rs 1,000.
Posted On :16/Aug/2018 12:45:57 PM
Chennai Corporation: 25% concession for the newly merged areas
The Chennai Corporation has decided to offer a 25% concession in all properties including constructions with temporary roofs in the areas recently merged with the Chennai Metro City domain under its jurisdiction.
Posted On :13/Aug/2018 12:56:43 PM
CMDA relaxes rules & regulations for construction of multi-storeyed apartments
The Chennai Metropolitan Development Authority (CMDA) has relaxed the rules and regulations to permit construction of multi-storeyed apartments in the approved areas.
Posted On :12/Aug/2018 3:53:43 PM
Chennai holds 16 percent share in total SEZ office space
According to a report submitted by property consultant CBRE Chennai has sixteen percent share in the total composition of Special Economic Zone (SEZ) office space across the whole nation. SEZ office space occupies majority.
Posted On :07/Aug/2018 11:33:57 AM
Get EC in a jiffy online
There is going to be no need for seek the sub-registrar office for obtaining encumbrance certificate, as this will soon be available in just a few clicks online. Instead of the manual seal and sub-registrar signature.
Posted On :06/Aug/2018 6:14:23 PM
Is it beneficial to settle the housing loan earlier?
Though the interest rates have started going up, it is always best advisable to avail the tax benefit by taking the housing loan and paying EMI rather than closing it earlier.
Posted On :06/Aug/2018 3:56:29 PM
