Category: Project

To assist homebuyers, UP-RERA begins pre-hearing review of complaints.

February 13, 2024

To expedite the resolution of cases, the Uttar Pradesh Real Estate Regulatory Authority (UP RERA) began a pre-hearing review of complaints on Monday. Homebuyers and promoters can file complaints through the e-courts facility provided by UP RERA. On December 2, 2023, it released updated standard operating procedures (SOP) for the submission, review, and hearing of […]

To assist homebuyers, UP-RERA begins pre-hearing review of complaints.more

Notices are sent to 41 unregistered plot projects by MahaRERA.

February 3, 2024

PUNE: The Real Estate Regulatory Authority of Maharashtra has released 41 unregistered plotted development projects in the state that were publicized without the required MahaRERA registration received notices. While conducting property inspections in response to purchasers’ complaints about project delays in rural areas, MahaRERA authorities discovered that developers of numerous planned areas had sold units […]

Notices are sent to 41 unregistered plot projects by MahaRERA.more

If a development impacts public safety, it cannot be allowed to relax development rules: Mumbai HC

January 31, 2024

MUMBAI: When the Bombay High Court ordered the removal of seven mechanized cantilever car parking spots (also known as stack parking) built in a residential structure here, it stated that relaxation of development laws cannot be allowed if it negatively impacts public safety. The housing society in Borivali’s stacked parking system seriously jeopardized everyone’s safety, […]

If a development impacts public safety, it cannot be allowed to relax development rules: Mumbai HCmore

Due to water access, PMRDA has put 20 development plans on hold.

January 25, 2024

PUNE: Rahul Mahiwal, the commissioner of PMRDA, told TOI on Monday that he had put 20 out of the 50 bids he had received last week on hold since the developers had not provided a clear supply of water for the projects. “These suggestions won’t be approved unless the water source is clarified… The more […]

Due to water access, PMRDA has put 20 development plans on hold.more

Frequently Asked Questions (FAQs) on Goods and Services Tax (GST)

GST must be paid by the lessor on rent if the property is utilized for business.

January 19, 2024

MUMBAI: The Authority for Advance Rulings’ Rajasthan bench has ruled that if a lessee (who is registered for GST purposes) uses a residential property for business activities, then GST (Goods and Services Tax) is imposed on the rent. In the instance of Deepak Jain, the petitioner, who rented out his property to a private limited […]

GST must be paid by the lessor on rent if the property is utilized for business.more

On February 5, the Pune local council will auction off the properties of tax defaulters.

January 11, 2024

PUNE: To recoup debt totaling Rs. 16 crore, the civic authority will auction off the properties of tax defaulters on February 5. Of the 200 properties the administration has designated for recovery, 32 will be auctioned on February 5. “All the property owners who are in arrears have received notifications from the administration. They were […]

On February 5, the Pune local council will auction off the properties of tax defaulters.more

IPS 2024 Conference to Address Key Real Estate Industry Trends.

January 9, 2024

Dubai, UAE, 09 January 2024: The International Property Show (IPS) 2024 is set to take center stage at the Dubai World Trade Centre from February 27th to 29th, offering a comprehensive exploration of the ever-evolving landscape of the real estate industry. One of the key features of the IPS 2024 is its insightful IPS Conference, […]

IPS 2024 Conference to Address Key Real Estate Industry Trends.more

Tamil Nadu’s increased property registration guidelines are overturned by the Madras High Court.

CHENNAI: A March 2023 circular from the Tamil Nadu government raising the guideline value of properties in places like Chennai, Coimbatore, and Madurai by 33% was overturned by the Madras High Court on Thursday. Judge P. Velmurugan invalidated the circular on procedural grounds, stating that while the government was allowed to raise the guideline value, […]

Tamil Nadu’s increased property registration guidelines are overturned by the Madras High Court.more

Tamil Nadu: The Income Tax Department raids seven locations owned by businesspeople and real estate companies.

January 5, 2024

COIMBATORE ERODE, CHENNAI: On Tuesday, income tax investigators conducted concurrent searches at various locations in Chennai, Coimbatore, Erode, and Namakkal that were connected to real estate firms, pumpset manufacturers, and construction companies operating in Coimbatore and Erode. Searches were conducted at 7 locations in Coimbatore and 10 locations in Chennai, including Aminjikarai, Anna Nagar, Egmore, […]

Tamil Nadu: The Income Tax Department raids seven locations owned by businesspeople and real estate companies.more

The action taken by MahaRERA over non-compliance leads to a rise in quarterly project updates.

January 4, 2024

Even before the regulator issues a warning, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has noticed a rise in the number of projects adhering to the necessary requirement of Quarterly Progress Reports (QPR). More than 222 projects, or 46.25% of the 480 projects registered in April 2023, have been prompted by the regulator’s rigorous action […]

The action taken by MahaRERA over non-compliance leads to a rise in quarterly project updates.more

Category: Project

Sign Up for our Free Newsletter