#RealtyNewsRoundUp: NDMC Records A Growth Of Rs 30 Cr In Property Tax Revenue

Realty News Roundup is PropGuide's selection of top stories from the real estate sector.

The New Delhi Municipal Corporation (NDMC) has recorded a growth of Rs 30 crore in its property tax revenue for the financial year 2015-16 when compared to the previous financial year. The property tax collection for the FY'16 stood at Rs 371 crore. Read more

Agitated flat owners of Amrapali Golf Homes protested on the streets of Noida on April 23 against the developer. The protest was against the delay caused in handing over the possession of homes and non-payment of penalties arising due to the delay. Read more

According to media reports, troubled liquor baron Vijay Mallya has closed the deal for an apartment in New York's iconic Trump Plaza for $10 million last month. Mallya, who had paid a token amount of $4.6 million in 2010 for the penthouse, has bought this property in his daughter's name. The outstanding amount for this property was paid in March, the same time when Enforcement Directorate had stepped up heat in a loan default case. Read more

Actor Aamir Khan's plans to buy his mother's ancestral home, Khwaja Manzil in Varanasi, may not bear fruit. The process of buying the property has come to a standstill, as the current owners are not willing to sell the property. Read more