Category: Property Updates

Property for rent

18% GST on residential rental to impact rental real estate.

July 25, 2022

In the 47th GST Council Meeting, the Finance Ministry’s revenue department has introduced 18 per cent GST on residential rentals across the country. The dynamics of renting residential property under GST has changed with an immediate effect from 18th July 2022. On the basis of notification, a residential dwelling rented to a person registered under […]

18% GST on residential rental to impact rental real estate.more
Fire safety

Press Note: Maharashtra’s Energy Department Issues A Circular To Make Installation of the Fire Evacuation Lift Mandatory in High – Rise Buildings.

Developers in Maharashtra Now Must Install Fire Evacuation Lifts in High – Rise Buildings with 70-meters and Above in Heights.   The new Evacuation Safety Circular is a step towards improving evacuation routes for residents anda Safer andFaster Mode for Fire Officers to reach High – Rise Floors during fire emergencies in Maharashtra  Mumbai, July […]

Press Note: Maharashtra’s Energy Department Issues A Circular To Make Installation of the Fire Evacuation Lift Mandatory in High – Rise Buildings.more
SEBI

SEBI to sell off Royal Twinkle and Citrus Check Inns properties.

June 18, 2022

Capital markets regulator Sebi announced on Friday that it has scheduled an auction on July 15 for as many as 39 properties owned by Royal Twinkle Star Club Pvt Ltd and Citrus Check Inns Ltd, with a reserve price of Rs 66.51 crore. The move is part of Sebi’s effort to recover funds raised by […]

SEBI to sell off Royal Twinkle and Citrus Check Inns properties.more
Property Transfer

Transfer duty on properties worth more than Rs 25 lakh in Delhi has been increased by 1%.

June 2, 2022

The unified Municipal Corporation of Delhi has agreed to increase transfer duty by 1% on properties priced above Rs 25 lakh across the city, according to official sources. Buying property in Delhi is about to become more expensive. Officials claimed that after the increase, the transfer duty will be 4% for men and 3% for […]

Transfer duty on properties worth more than Rs 25 lakh in Delhi has been increased by 1%.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

The Government is attempting to lower Steel, Plastic, and Cement prices.

May 25, 2022

The government announced a series of tariff reductions aimed at lowering iron and steel, coal, and plastics prices, as well as a pledge to more than double fertiliser subsidy allocations to help farmers cope with the impact of the Ukraine war. In addition to lowering import duties on iron and steel, the finance ministry increased […]

The Government is attempting to lower Steel, Plastic, and Cement prices.more

India’s Biggest Indian Property Expo 2022 (6th Edition).

April 30, 2022

  WHY INDIAN PROPERTY EXPO? The Indian Property Expo is a great way to engage with participants and reach a larger market segment. The most extensive networking platform for industry executives. The best platform to showcase your affordable and premium projects. Innovative ideas from the people who are the driving force in the industry. 2000+ […]

India’s Biggest Indian Property Expo 2022 (6th Edition).more
Housing Plots

After lying dormant for ten years, YEIDA reclaims plots from firms.

April 4, 2022

On March 31, the Yamuna Expressway Industrial Development Authority (YEIDA) cancelled plots allotted to eight builders who had failed to begin construction on sites handed over to them over a decade ago. In total, the industrial authority reclaimed 2.2 lakh square metres from private developers and issued a forfeiture order for Rs 27.3 crore in […]

After lying dormant for ten years, YEIDA reclaims plots from firms.more
Real estate

MCGM approves DB Realty’s partnership firm to build 4,000 apartments.

March 17, 2022

On March 11, D B Realty announced that its joint venture partner DBS Realty had received a letter of acceptance from the Municipal Corporation of Greater Mumbai (MCGM) to build 4,000 tenements. “In response to the firm’s online e-offer/online e-tender, DBS Realty, a partnership firm in which D B Realty Ltd is a one-third partner, […]

MCGM approves DB Realty’s partnership firm to build 4,000 apartments.more

Rajasthan: Flat prices will rise by 10-15% starting April 1st.

March 14, 2022

The Confederation of Real Estate Developers’ Association of India (CREDAI), the apex association of private developers, on March 12 announced to increase the rates of flats and villas by 10-15% owing to the increase in the cost of raw materials. The new plans would go into effect on April 1. Dhirendra Madan, President of CREDAI-Rajasthan, […]

Rajasthan: Flat prices will rise by 10-15% starting April 1st.more