Budget 2020 has given the real estate industry and the common man many surprises. Many demands were anticipated from the real estate sector in the 2020 budget, but only a few received the attention of the minister of finance. Let us check some of the main budget announcements and their effect on the real estate […]
Budget 2020: How it will benefit the real estate segment?more
In the hill town, there is a new format of property tax, which gives green buildings a 50% exemption. Under the new rules, the Dharamshala Municipal Corporation’s (DMC) meeting of the General House decided on 30 January all families below the poverty line and cowsheds were exempted from paying property tax. When approached, Devender Jaggi, […]
Hilltown with green buildings will get a 50% tax rebate on property tax.more
Finance Minister Nirmala Sitharaman today introduced a new discretionary personal income tax regime and unveiled a multibillion-dollar farm, infra and healthcare package to boost the country’s economy. Emphasizing capacity building and empowering oppressed sections of the society while preserving the creators of wealth, Sitharaman said this budget would improve people’s income and purchasing power. Finance […]
Latest Update: Finance Minister Nirmala Sitharaman budget speech 2020 highlights.more
On January 30 Tukaram Mundhe, Municipal Commissioner, ordered the Property Tax Division of Nagpur Municipal Commissioner (NMC) to auction government property in order to recover taxes. After a review of the property tax department, he published the guidance. Currently, 314 properties are owned by the central government and property tax dues of Rs 37.86 crore […]
Municipal Commissioner auctions government properties to recover outstanding tax dues.more
National, January 28, 2020 – Ashiana Housing, one of the pioneers in developing concept homes in India, has launched a new campaign to promote its three kid centric projects which are part of their ‘India’s First Kid Centric Homes’ offering. The campaign, conceptualised and executed by Dentsu India, includes three films and various digital assets. […]
Ashiana Housing opens up conversation on a wholesome upbringingmore
The Smart Cities Mission will complete its five years of implication and the central government is going to publish a report card in June, consisting of 100 chosen smart cities into three categories – ease of living, municipal performance index and climate. It will allow cities to plan better and move towards data-driven governance, which […]
Government to issue a list of “Smart Cities” in June 2020.more
Maharashtra Real Estate Regulatory Authority (MahaRERA) lawyers decided to provide home buyers with free legal consultancy and support in court from February 1. The Bar Association-run Legal Aid Cell advocates will serve those in need of help in the logjam between builders and homebuyers. The members have held several seminars to raise awareness about the […]
Lawyers will provide legal assistance to the distressed homebuyers for free.more
The first trial conducted by Pune Metro earlier this month was the fastest one to achieve the milestone (30 months) of the country’s metro projects. With the January-10 run being a precursor to technical trial runs and regulatory approval and certification, progress is on track to make the first 5 km stretch to be operationalized […]
Pune Metro becomes India’s fastest metro project developed in just 30 months.more
A sharp contrast to previous years, more investors are eager in last-mile funding for stuck housing projects that seems to be a rub-off impact on equally strained residential projects from the government allocating Rs 25,000 crore. In the light of evolving regulatory and market circumstances, the burden on developers to deliver the projects at earliest […]
Investors explicate keen interest in last-mile funding for the stuck housing projects.more
According to a survey, housing sales fell in nine cities by 9% between October and December to 60,453 units as a result of the economic downturn and liquidity crisis. PropTiger recently reported a 30 per cent decrease in sales in nine cities between October and December quarter. In 2019, however, Knight Frank India and Anarock […]
Report: Housing sales dropped in nine major cities by 9%.more