New Delhi, July 2022: In the Modern Workplace, it is imperative to have a visitor management system in place to handle visitors and contractors efficiently as well as meet the safety and convenience expectations of employees and customers alike. Qudify is Qdesq’s second Software as a Service (SaaS) offering for the Indian Enterprise market, just […]
Enhance Workspace Security And User Experience With Qudifymore
In the 47th GST Council Meeting, the Finance Ministry’s revenue department has introduced 18 per cent GST on residential rentals across the country. The dynamics of renting residential property under GST has changed with an immediate effect from 18th July 2022. On the basis of notification, a residential dwelling rented to a person registered under […]
18% GST on residential rental to impact rental real estate.more
The popular quick response (QR) code is not going to be available by Google for every property that are listed inside the municipal limits. This includes all sorts of properties like Residential, Commercial, Chawls and Special Buildings. This is intended to provide a unique identification code for each property. The Ahmedabad Municipal Corporation (AMC) is […]
Ahmedabad Municipal Corporation is in talks with Google for unique address code.more
The unified Municipal Corporation of Delhi has agreed to increase transfer duty by 1% on properties priced above Rs 25 lakh across the city, according to official sources. Buying property in Delhi is about to become more expensive. Officials claimed that after the increase, the transfer duty will be 4% for men and 3% for […]
Transfer duty on properties worth more than Rs 25 lakh in Delhi has been increased by 1%.more
The government announced a series of tariff reductions aimed at lowering iron and steel, coal, and plastics prices, as well as a pledge to more than double fertiliser subsidy allocations to help farmers cope with the impact of the Ukraine war. In addition to lowering import duties on iron and steel, the finance ministry increased […]
The Government is attempting to lower Steel, Plastic, and Cement prices.more
Keystone Realtors, a Rustomjee group company, is expected to file a draft red herring prospectus (DRHP) with the market regulator Sebi soon for an initial public offering (IPO) of over ₹1,000 crores. The company raised $170 million in a pre-IPO placement. HDFC Capital, IIFL Group, and Jagdish Master’s family office all participated in the deal, according […]
The Rustomjee Group is planning an initial public offering (IPO) of Rs 1,000 crore.more
The Supreme Court recently ruled that daughters are entitled to inherit their father’s self-acquired property. The daughters of a Hindu male who dies without a will or intestate will inherit the father’s property, according to the Court. In such cases, daughters will be prioritised over other family members such as the father’s siblings’ sons and […]
Daughters to inherit father’s property in the absence of a will, rules SCmore
The West Bengal government has decided to levy stamp duty at reduced rates until the end of March, which will significantly boost the residential property market in Kolkata. The third extension follows an outbreak of Omicron across the country, which resulted in a state-by-state lockdown. The 2-percentage-point reduction in stamp duty and 10-percentage-point reduction in […]
West Bengal to levy reduced stamp duty till end of March 2022more
The National Consumer Disputes Redressal Commission ruled that builders cannot charge maintenance fees to buyers who are forced to take possession and begin living in their flats without an Occupancy Certificate (OC) due to delays on the part of builders in obtaining all necessary clearances from the authorities. As per apex consumer forum, homebuyers will […]
Builders cannot impose maintenance fees unless they have an OC: NCDRC.more
Mr. Bhushan Nemlekar, Director, Sumit Woods Limited. Sector Performance in 2021 The Covid-19 pandemic was a massive heat blow to the industry, where everything started displacing and changed the way homebuyers think now. The government of India along with the governments of respective States took several initiatives to encourage development in the sector. Their approach towards […]
Real Estate Year-End Review and Outlook for 2022 By Bhushan Nemlekar, Director, Sumit Woods Limited.more
