Category: World Real Estate News

There will be no GST on the sale of plots with basic infrastructure: AAR

September 23, 2022

The land has always been clearly exempt from GST. However, a never-ending battle erupted over whether the sale of plots following basic development is subject to GST. This case is nearing its end. MUMBAI: The GST-Authority for Advance Rulings (AAR) Karnataka bench has ruled that the goods and services tax (GST) is not applicable on […]

There will be no GST on the sale of plots with basic infrastructure: AARmore

CapitaLand builds second Hope School in Bangalore to provide quality education to over 400 children.

September 22, 2022

There are now 31 CapitaLand Hope Schools across India, China, and Vietnam benefitting over 28,000 children Bangalore, 21 September 2022 – CapitaLand Hope Foundation (CHF), the philanthropic arm of CapitaLand Group, has launched its second CapitaLand Hope School in Bangalore, India to provide more than 400 children from underserved families with access to education.  CHF has contributed […]

CapitaLand builds second Hope School in Bangalore to provide quality education to over 400 children.more

Karnataka: Rs 311 crore has been assigned to prevent saltwater intrusion in the river.

September 19, 2022

To address a major problem with saltwater intrusion, the government has approved a proposal to build two barrage-cum-bridges across the Sita River in Brahmavar taluk. According to Udupi MLA Raghupathi Bhat, the barrages, which will be built in two locations in Brahmavar taluk, will help the district prevent saltwater from entering the river. According to […]

Karnataka: Rs 311 crore has been assigned to prevent saltwater intrusion in the river.more
Indian Property Expo

Realty Quarter have successfully conducted it’s 6th edition of Indian Property Expo 2022.

May 26, 2022

We are proud to announce that we have successfully conducted our Indian Property Expo 2022 which was held on the 21st & 22nd of May 2022. The Indian Property Expo is a platform that allows various real estate players all across India that are backed by many Trade Associations, Financial Institutions, Hight Profile Brokers, Investors, […]

Realty Quarter have successfully conducted it’s 6th edition of Indian Property Expo 2022.more

Bhumika Group raises Rs 100 crore for Udaipur mall and is in talks to raise additional.

May 18, 2022

Bhumika Group, a real estate developer based in NCR, has raised close to Rs 100 crore through loans and two Lease Rental Discounting (LRD) transactions, according to Uddhav Poddar, MD of Bhumika Group. To fund the construction of phase 2 of its 3.5 lakh sq. ft. retail area in Udaipur mall, the company is in […]

Bhumika Group raises Rs 100 crore for Udaipur mall and is in talks to raise additional.more

Experts say the Supreme Court’s decision on GST on under-construction flats will reduce buyers’ tax burden.

May 11, 2022

According to experts, the Gujarat High Court ruling that the actual value of land should be deducted before levying GST on under-construction flats would reduce the tax outlay for homebuyers if the contractual arrangement clearly denotes the land value. Currently, GST is levied on the sale of under-construction flats/units, with the entire value of the […]

Experts say the Supreme Court’s decision on GST on under-construction flats will reduce buyers’ tax burden.more
Court Order

Refund Rs 7 crore to flat buyers; builder cannot keep extending deadlines: MahaREAT

May 9, 2022

The Maharashtra Real Estate Appellate Tribunal ruled on May 4 that the “completion date cannot keep getting extended on grant of each commencement certificate (CC)” and ordered a builder to refund a couple who paid nearly Rs 7 crore for a 16th-floor flat in a Bandra (East) highrise in 2015. They did not obtain possession […]

Refund Rs 7 crore to flat buyers; builder cannot keep extending deadlines: MahaREATmore
Partnership

BI Group collaborated with Oberoi Hotels to open 19 serviced apartments in central Delhi.

May 6, 2022

The company spent nearly Rs 150 crore on real estate and will spend another Rs 100 crore on construction. Trident Residences will be the first of its kind in the capital. BI is a Delhi-based company. collaborating with Oberoi Hotels to launch 19 ultra-luxury residences in central Delhi, with prices ranging from Rs 20 to […]

BI Group collaborated with Oberoi Hotels to open 19 serviced apartments in central Delhi.more