Real Estate News

  • dearasifin by dearasifin
  • 2 years ago
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saleproperty.net

A Real Estate News Post provides current and insightful information about the dynamic world of real estate. It covers a wide array of topics, including market trends, property developments, investment opportunities, regulatory changes, and expert analyses. These posts aim to keep readers updated on the ever-evolving landscape of the real estate industry, offering valuable insights and perspectives for buyers, sellers, investors, and anyone interested in the housing market.

The Impact of Technology on the Real Estate Industry

The fusion of technology and the real estate industry has revolutionized the way properties are bought, sold, and managed. In recent years, technological advancements have disrupted traditional practices, ushering in a new era of efficiency, accessibility, and innovation within the real estate sector.

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  • Vijayawada Municipal Corporation will implement 'auto mutation of properties' from August 1, integrating registration and municipal administration software. This initiative, part of the ease of doing business reforms, allows title changes during property registration, collecting dues and charges upfront. Citizens are urged to include their property tax assessment number for seamless auto-mutation.
  • Visakhapatnam introduces automatic property tax ownership transfers. New owners need not visit the GVMC office. The system integrates registration and tax departments. Mutation charges are payable at the sub-registrar office. The GVMC property tax database will update automatically. This initiative saves time and effort for citizens. The new system implementation starts from August 1.
  • Maharashtra Housing and Area Development Authority makes 15 crore documents public. The documents have been uploaded in a department-wise format and include circulars, tenders, office orders, internal remarks, approvals, and other official materials.
  • Kalyan-Dombivli Municipal Corporation (KDMC) is launching a pioneering one-window system for building permissions in Maharashtra, starting August 15. This initiative streamlines the application process by allowing online submissions to be routed to various departments, eliminating the need for multiple visits.
  • Karnataka's revenue department has digitised over 32 crore land record pages. This is under the Bhu Suraksha initiative. The goal is to create tamper-proof digital documents. The scheme aims to cover 100 crore pages by December. Distribution of digitised documents is underway. The department is scanning and storing records securely. This will prevent illegal alterations.

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