PUNE: According to a MahaRERA official, developers of 39 real estate projects in Pune have requested to be deregistered. Developers from all over the state who are unable to move further with the projects owing to financial constraints, legal issues, changes in government planning authorities, or other factors have submitted a total of 88 applications […]
39 real estate projects in Pune submit deregistration requests.more
NEW DELHI: In order to make rehabilitation projects economically viable, particularly in the Mumbai region, realtors’ group CREDAI has urged the government to abolish the GST on units that are provided free of charge to current tenants. When meeting with Union Finance Minister Nirmala Sitharaman, a delegation from CREDAI and CREDAI-MCHI made an official representation […]
CREDAI calls for the removal of the GST on free-of-charge apartments offered in redevelopment projects.more
MUMBAI: A civil court dismissed the claim of Shailesh Kamani, a resident of Ghatkopar, who sought a fee of Rs. 3 lacks from a property owner for whom he had allegedly brokered a deal in 2012. The court noted that the role of a broker is to persuade the vendor and purchaser to arrive at […]
Court: Broker may only be compensated for work completed.more Over 584 developers of housing projects registered in January have received show-cause warnings from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for failing to update information about their projects. These are a part of the 746 new housing projects overall that total 50,288 flats and were filed with the regulator in January. They are estimated […]
584 developers receive notifications from MahaRERA for failing to update their quarterly information.more MUMBAI: The state consumer commission ordered a housing society in Deonar to pay Rs 55,000 as reimbursement and perform repairs and water-proofing of two-row houses after observing that a housing society cannot shirk its responsibility for necessary maintenance just because the owners have given the house on rent. The Maharashtra State Consumer Disputes Redressal Commission […]
If a home is rented, the housing society cannot avoid its obligations: SCDRC of Maharashtra.more
MUMBAI: After noticing that MahaRERA regulations were being broken because the same chartered accountant had been hired for the role of the project auditor as well as that of the statutory auditor, MahaRERA issued show-cause notices to chartered accountants and also wrote to the Institute of Chartered Accountants of India. Promoters are required by MahaRERA […]
Chartered accountants receive a show-cause notice from MahaRERA.more
MUMBAI: The Bombay High Court has sent the Mumbai City Collector Rajiv Nivatkar a notice to show cause as to why action should not be taken under the Contempt of Courts Act given that he “wilfully disobeyed” its direction to attach apartments belonging to a builder in Mahim. The notification is part of a lawsuit […]
Mumbai collector received an HC contempt notice for their inaction on Avarsekar Realty.more
MUMBAI: The Mumbai branch of the Income-Tax Appellate Tribunal (ITAT) recently ruled that the former apartment owner is not subject to taxation on the rental income obtained from a builder as a result of a redevelopment project. Even though the taxpayer, the previous apartment owner, had moved in with his parents instead of renting another […]
In redevelopment circumstances, the builder’s rent is not taxable: ITAT-Mumbaimore
Realty Quarter, a leading real estate and construction industry media platform, successfully celebrated its 6th anniversary of Real Estate & Construction Industry Leadership Awards 2023 in association with Trans India Group. The event was held on 21th Apr 2023 at The Orchid Hotel, Cascade Roof top, 7th Floor, Nehru Road, Near Mumbai Airport, Vile Parle […]
Awardees announced for 6th Anniversary of Real Estate & Construction Industry Leadership Awards 2023more
Mumbai, India – Realty Quarter, a leading real estate and construction industry media platform, successfully celebrated its 6th anniversary of Real Estate & Construction Industry Leadership Awards 2023. The event was held on 21th Apr 2023 at The Orchid Hotel, Cascade Roof top, 7th Floor, Nehru Road, Near Mumbai Airport, Vile Parle (East), Mumbai. The […]
Realty Quarter Celebrates 6th Anniversary of Real Estate & Construction Industry Leadership Awards 2023 in Mumbaimore
