News
NDMC posts record revenue collection of Rs 3408.29 crore
New Delhi Municipal Council (NDMC) has registered a record revenue collection of Rs 3408.29 crore surpassing the target for the financial year 2015-16 by Rs 122 crore.
According to a PTI report, NDMC exercises civic jurisdiction over an area that is home to some of the richest people in the city.
NDMC has also posted the highest collection in property tax in five years, with an increase of 20 per cent over its haul previous year.
“NDMC has collected Rs 3408.29 crore against the revised estimate of Rs 3,286.89 crore for 2015-16. In property tax, there is a collection of Rs 444 crore, with an increase of 20 per cent against the collection of Rs 370 crore in 2014-15,” NDMC said in a statement.
The Big-Size, Branded Luxury Ticket: Is a New Chapter Unfolding in Indian Real Estate?
New Delhi, December 4, 2025: The rapid growth of investment by high-net-worth individuals (HNWIs) in property poses a significant challenge...
UP RERA Issues Public Advisory as 129 Projects by 14 Companies Move to NCLT
Lucknow/Gautam Buddh Nagar, December 4, 2025: The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has issued a public advisory...
ABB India Launches Next-Gen Machinery Drive For High Performance, Connectivity, Cybersecurity
New Delhi, December 4, 2025: ABB India has launched the ACS380-E drive, the latest addition to its all-compatible drive portfolio....
Migsun Group Launches New Commercial Project on Yamuna Expressway with ₹250 Cr Investment
Noida, December 4, 2025: Leading realty player Migsun Group has announced the launch of a major commercial project on the...
Unitile Appoints Aslam Hussain as Vice-President, Global Sales & Strategic Alliances
Aslam Hussain, Vice-President – Global Sales & Strategic Alliances, Unitile New Delhi, December 4, 2025: Unitile has announced the appointment...
Birla Estates Enters Noida with Sikka Group in Housing Project Worth ₹1600 cr in Greater Noida
Greater Noida, December 4, 2025: The Sikka Group has tied up with Birla Estates to co-develop a group housing project...
News2 weeks agoInfrastructure Automation Company Enlite Launches World’s First Patented Edge Controller for Intelligent Infrastructure
- News2 days ago
TWH Hospitality Announces Aggressive F&B Expansion Plan with ₹30 Cr Investment
- News2 weeks ago
Ishara Art Foundation to Present Group Exhibition ‘Amphibian Aesthetics’ at Ishara House in Kochi
News2 weeks agoGodrej Properties Crosses FY26 Annual Business Development Guidance with Acquisition of 75-acre land parcel in Nagpur
- News3 weeks ago
Mumbai Returns to Pre-Pandemic Investment Levels, Surpasses $1 Billion 4th Consecutive Year: Cushman & Wakefield
- News3 weeks ago
Gurugram Premium Segment Drives Projected Rs 6.65 Lakh Crore Market: ANAROCK
News2 weeks agoReal Estate Investment Momentum in APAC, India to Hold Steady Through 2026: Colliers’ Survey Insights
- News2 weeks ago
K2 Infragen Delivers Robust H1 with 76.5% Revenue Growth, 70% Profit Jump
