By Abhay Harish Shah , Realty Quarter The problem of delaying the unfinished projects is quite annoying and stressful for the residing people. Recently, In an ongoing gathering with agents of the Indian Banks Association (IBA), real-estate developers examined different issues […]
IBA and CREDAI join up to solve unfinished project.more
By Abhay Harish Shah , Realty Quarter As towns are getting populated and it makes living so congested the state government has planned to reduce basic Floor Space Index also known as FSI by 50%. This rule is majorly for commercial, mixed-use and industrial plots in unified development control regulations (DCR). They say that FSI […]
Maharashtra cuts 50% FSI for commercial or mixed used plotsmore
By Abhay Harish Shah , Realty Quarter The basic term for any investment need was LIC, Mutual Fund, Gold and Real-estate. Gone are the days when a large number of people were investing in real-estate. Due to a static market, people don’t tend to invest in real-estate as much, as it used to be previously. […]
Real Estate Investment Trust (REIT) and its Advantages.more
By Abhay Harish Shah , Realty Quarter Again a new problem arose for the real estate people. A developer redevelops a society and delivers the apartment to its original owners for free of cost. The tax department wants to impose service tax on those projects which have been redeveloped and delivered. The Indirect tax department […]
Service Tax charged on Redeveloped projects done by Developersmore
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
NRIs Eyeing Indian Properties Ever since the Indian rupee began nosediving, more and more NRIs (non-resident Indians) have turned their focus to the Indian real estate market. There are good reasons for this. Other than the favourable exchange rate, the new regulatory environment driven by RERA, DeMo and GST have served to clear up a […]
NRIs Buying Indian Property, And Indians Buying Property Abroadmore
By Realty Quarter Bureau The approval was given in a meeting of the Central Sanctioning and Monitoring Committee of PMAY (U), which was held under the chairmanship of Union Housing and Urban Affairs Secretary Durga Shanker Mishra. The Centre approved construction of nearly 2.67 lakh more affordable houses for the poor in 10 states under […]
Nearly 2.67lakh more homes to sanctioned for urban poor under PMAY –Umore
By Anuj Puri, Chairman – ANAROCK Property Consultants In any discussion about affordable housing in India today, the fact that a lot of such housing is actually lying vacant is bound to crop up. One may point out that, especially with the Government’s avowed intention of providing Housing for All by 2022, this supply should logically […]
Vacant Affordable Housing – Causes (and Solutions?)more
By Anuj Puri, Chairman – ANAROCK Property Consultants Affordable Housing Keeps the Momentum Going Unsold inventory down 2% from 7.11 lakh units in Q1 2018 to 7.0 lakh units in Q2 2018 Unsold inventory declined 10% from 7.7 lakh units in Q4 2017 There has been a whopping 50% jump in overall new housing launches in Q2 2018 […]
New Housing Launches up by 50% in Q2 2018more
By Realty Quarter Bureau The empowered committee, set up by the Housing and Urban Affairs Ministry, will reach out to home buyers to resolve their problems ‘at the earliest’, Union minister Hardeep Singh Puri said, on July 1, 2018. The union minister of state (independent charge) for housing and urban affairs said that on June […]
Empowered Committee to set up soon for resolving home buyers issues: Housing Ministermore
