Category: INDIA / WORLD

GST

GST dropped from 12% to 5% on Under-Construction Houses

February 25, 2019

By Realty Quarter Bureau Buying a House has become a nightmare especially for neo-middle & middle-class people. But, it looks like things are going to be changed. As per the latest news, The Goods and Service Tax (GST) are going to be slashed from 12% to 5% on under construction houses. The new rate will […]

GST dropped from 12% to 5% on Under-Construction Housesmore

Navi Mumbai is Going to get its Coastal Road worth Rs.273-cr

February 24, 2019

By Abhay Harish Shah City and Industrial Development Corporation of Maharashtra also known as CIDCO is planning to build a coastal road which will connect Kharghar with Belapur at an estimated cost of Rs 273 crore. The authority said on Friday that the 9.5km stretched road is going to be developed in two phases also […]

Navi Mumbai is Going to get its Coastal Road worth Rs.273-crmore

Defaulting builders’ cases should go to RERA regulators before NCLT

January 8, 2019

NEW DELHI: Cases related to defaulting builders should be first taken up by regulators under the new real estate law RERA before being referred to the NCLT for insolvency proceedings, realtors’ body NAREDCO has suggested. The association also recommended that any dispute regarding new projects should only be heard by state regulators set up under […]

Defaulting builders’ cases should go to RERA regulators before NCLTmore

Realty Quarter announced “Real Estate Industry Leadership Awards 2019” in Mumbai on 2nd March 2019 |

January 6, 2019

By Realty Quarter REALTY QUARTER celebrate the highest achievements done by the companies & individuals serving the real estate sector & construction industry. The awards recognize and salute to the excellence and commitment practicing in the industry. Objective of these awards is to promote highest level of professionalism, provide benchmark for best practices, raise industry […]

Realty Quarter announced “Real Estate Industry Leadership Awards 2019” in Mumbai on 2nd March 2019 |more

Mumbai: MHADA allots 300 new houses to Mahul residents

December 27, 2018

Mumbai A day after Chief Minister Devendra Fadnavis initiated dialogue and action on relocation of project affected persons (PAPs) from Mahul, the Maharashtra Housing and Development Authority (MHADA) allotted 300 houses to some of the residents currently protesting against forced habitation in a neighbourhood dominated by chemical factories. A week ago, MHADA had promised handover […]

Mumbai: MHADA allots 300 new houses to Mahul residentsmore

Lottery for 8,000 homes for mill workers in 15 days: Maharashtra CM

Mumbai With elections next year, Maharashtra CM Devendra Fadnavis announced on December 24 that a lottery for 8,000 houses for mill workers will be announced in the next 15 days. Fadnavis made the announcement after the mills workers’ union met him with their long-pending demand. The 8,000 houses are located in Navi Mumbai near Panvel. […]

Lottery for 8,000 homes for mill workers in 15 days: Maharashtra CMmore
Real estate

Crooked Mumbai builders have left 1.25 lakh families in lurch

Mumbai According to an estimate, about 5,800 redevelopment projects in the city are at a standstill and hapless citizens have been left in the lurch by fly-by-night builders who abandoned the projects after promising new homes in place of what were residences for generations. Over 1.25 lakh families are believed to be affected because builders […]

Crooked Mumbai builders have left 1.25 lakh families in lurchmore

PM kicks off Rs 33,000 crore metro, low-cost housing projects in Mumbai region

December 19, 2018

Mumbai Minister Narendra Modi on December 18 laid foundation stones for two metro lines and affordable housing projects entailing investment of over Rs 33,000 crore in the megapolis. At an event held here months ahead of the crucial general elections in 2019, Modi kick started work on the ambitious Thane-Bhiwandi-Kalyan (Metro 5) and the Dahisar-Mira Bhayander (Metro […]

PM kicks off Rs 33,000 crore metro, low-cost housing projects in Mumbai regionmore

HC upholds validity of Maharashtra’s notification for TDR policy

Mumbai The Bombay High Court on December 18 upheld as legal and valid a 2016 notification of the Maharashtra government that amended the Transferable Development Rights (TDR) policy for the Greater Mumbai region. A bench of Justices A S Oka and R I Chagla upheld the notification dated November 16, 2016 that grants additional construction […]

HC upholds validity of Maharashtra’s notification for TDR policymore

Mumbai: Decline in slum TDR sharpest in 20 years

December 18, 2018

Mumbai Slum TDR or transfer of development rights generated from slum rehabilitation projects in Mumbai has seen its sharpest ever decline this year, the lowest in 20 years. In Mumbai’s real estate industry, slum TDR is one of the most important construction incentives offered to developers who build homes free of cost for eligible slum dwellers […]

Mumbai: Decline in slum TDR sharpest in 20 yearsmore