Hyderabad: The state government is not in favor of applying a new land assessment to regularize illegal plots and lines. To avoid public discontent, the government is considering applying the old assessment rate in the regularization process. It is noteworthy that the government has recently increased the value of land.
A private lawyer, James Mensah Kelley, has been instructed by Mr. George Muller to petition certain persons and institutions for trespassing on properties belonging to Mr. George Muller and his beneficiaries using red paint to mark said properties and other properties in the Pantang area. According to the plaintiffs including
Editor – The community of Ekurhuleni must be extremely disappointed with the outrageous rise in municipal assessment rates. Most property rates appear to have increased by 200,000 rand per property on average, an increase of about 30%. This will result in a significant increase in most monthly property rate payments.
THE Senate Ways and Means Committee on Thursday opened deliberations on the third key component of the multi-package tax reform program, this time focused on updating the property valuation system to bolster national government revenues and local. Senator Pia S. Cayetano, chair of the panel, convened the public hearing on
The Senate Ways and Means Committee on Thursday approved in principle the bills to reform the valuation of real estate in the country. The real estate appraisal and valuation reform proposal is package 3 of the Duterte administration’s Comprehensive Tax Reform Program (CTRP). In her opening statement, Senator Pia Cayetano,
REFORM of the property assessment system will create new sources of revenue for local authorities and make them more self-sufficient by reducing their dependence on national government funding, according to the Office of Local Government and Finance ( BLGF). BLGF Executive Director Niño Raymond B. Alvina made the statement before
Most retail investors would abandon their open-ended real estate funds if the Financial Conduct Authority introduced 90- to 180-day notice periods, according to research from AJ Bell. The company surveyed 1,951 DIY investors on its Youinvest platform and found that more than half (54%) of the 406 investors who held
THE REFORM of the real estate appraisal system will create new sources of income for local communities and make them more self-reliant by reducing their dependence on national government funding, according to the Office of Local Government and Finance ( BLGF). BLGF Executive Director NiÃ±o Raymond B. Alvina made the
So much has changed since the coronavirus pandemic emerged early last year. Remote working, once considered impractical, has become the norm. As economies start to open up and lockdown restrictions relax, companies are still figuring out what their hybrid working models might be. Legal & General Investment Management’s real estate
Property values ââin the North Fort Myers and Bayshore Fire Districts have virtually returned to levels they reached in 2007, before the Great Recession. This could mean more property tax revenue for the two districts. However, both chiefs agree that while property values ââhave risen, inflation has also risen, meaning
The next real estate crash will be much worse than the last because Ireland is stuck in “a boom-bust cycle”, an expert said. Dr Rory Hearne believes that the wholesale buying of homes by investment funds creates a real estate bubble, with prices constantly rising. He admitted he was deliberately
Mair Property Funds announced the acquisition of their second industrial facility based in South East Queensland, purchased for $ 9,340,000. The announcement: Western Australian real estate fund manager Mair Property Funds has acquired a second asset in South East Queensland for its popular MPF Diversified Fund No.3, by purchasing a