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
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
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
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
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
A senior revenue official said on March 9 that the scheme to issue property cards to flat owners could begin soon with MahaRERA-registered projects. The state cabinet approved the scheme to issue independent property cards to flats (vertical properties) in 2019. All flat owners were supposed to receive these property cards containing information about carpet […]
MahaRERA projects may soon receive property cards.more
MahaRERA, the state’s real estate regulator, declared 407 projects across the state “lapsed” in 2021 after their registration validity expired. In the Aurangabad division alone, the ‘lapsed’ list includes approximately 23 projects. A promoter is not permitted to advertise, market, book, sell or offer for sale, or invite people to purchase any plot, apartment, or […]
In 2021, MahaRERA declares 407 projects in the state to be “lapsed.”more
As part of encouraging eco-friendly buildings, the government has issued detailed guidelines announcing various incentives to “green” rated buildings in the state. Buildings will be rated based on a variety of criteria, beginning with the selection of the land for construction and continuing through completion and, if necessary, demolition measures, in order to provide incentives […]
Kerala’s government has issued guidelines on green building incentives.more
Property registrations in Mumbai, the country’s largest real estate market, continued to show strong momentum in February, outpacing pre-pandemic levels by a wide margin. This is also the first time in the city’s history that more than 10,000 apartments have been registered each month since the stamp duty reduction benefit expired last year. In terms […]
The Mumbai property market is on a tear, with over 10,000 registrations in February.more
On February 24, the Confederation of Real Estate Developers Associations of India (CREDAI) raised the issue of stamp duty on registrable documents, guidance value, and excessive statutory charges with Chief Minister Basavaraj Bommai. According to the officials, the real estate industry has been battered by a variety of issues, including GST, tighter credit availability, rising […]
CREDAI elevates stamp duty and mentions guidelines value issues with Karnataka’s chief minister.more
