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
Shraddha Kedia-Agarwal, Director, Transcon Developers. Sector performance in 2021 While India’s real estate market makes a certain move for investment due to low prices, increased transparency, and digital progression, the fact that the world is coping with the pandemic is an opportunity in itself. The stamp duty cut announced by the State Government at the […]
Real Estate Year-End Review and Outlook for 2022 By Shraddha Kedia-Agarwal, Director, Transcon Developers.more
Mr. Navin Makhija – Managing Director, The Wadhwa Group. Sector Performance in 2021 The reduced stamp duty by the State Government at the end of the year 2020 set the momentum for the real estate sector at the beginning of the year 2021. The new project launches were back in the market as the sector […]
Real Estate Year-End Review and Outlook for 2022 By Navin Makhija – Managing Director, The Wadhwa Groupmore
Mr.Pritam Chivukula, Co-Founder & Director,Tridhaatu Realty and Hon.Secretary, CREDAI MCHI Sector Performance in 2021: The year 2021 started with a mild relief to the industry, with the government pitching to support the developers and introducing various relaxations. The decreased stamp duty by the state government in until March 2021 set a path for the property […]
Real Estate Year-End Review and Outlook for 2022 By Pritam Chivukula, Co-Founder & Director, Tridhaatu Realty and Hon. Secretary, CREDAI MCHI.more
Mr.Sandeep Runwal – President, NAREDCO Maharashtra and Managing Director, Runwal Group. “The RBI has always taken a proactive stance to ensure liquidity in the past few months, and has continued it’s accommodative policy stance amid the renewed Covid threat from the Omicron variant. It is imperative that low mortgage rates would continue, at least till the […]
RBI Policy announcement: Comments By Mr. Sandeep Runwal – President, NAREDCO Maharashtra and Managing Director, Runwal Group.more
