Category: Affordable Homes

MahaRERA declares SROs to be registered by the realty developers and project promoters.

October 15, 2019

The Maharashtra Real Estate Regulatory Authority has proposed registering realty developers and project promoters Self-Regulatory Organization (SROs) along with the authority. According to the regulator, this will help improve the integrity of property builders, strengthen their practices, uphold the code of conduct and prevent dishonest promoters. The regulator specified in a circular, SRO registration shall be […]

MahaRERA declares SROs to be registered by the realty developers and project promoters.more

Anamika real estate developer in Mumbai fined by NCDRC for delaying possession.

Apex consumer commission NCDRC has strongly imposed a fine of Rs 25 lakhs for unfair trade practices on a Mumbai-based real estate company and its Director for failure to hand over possession to two home buyers. Anamika Real Estate Private Limited and its director Nitin N Mehta have been placed on “stern advice of caution” […]

Anamika real estate developer in Mumbai fined by NCDRC for delaying possession.more

Axis AMC invests Rs 65 crore in an Affordable Housing Project with Adarsh Developers.

October 7, 2019

By Abhay Shah The real estate fund of Axis Asset Management Company, Axia RERA Opportunities Fund – I, has signed a deal with Bangalore-based real estate developer Adarsh Developers to invest Rs 65 crore. This is the second investment of the alternative investment fund for the maiden real estate of Axis AMC. The investment is […]

Axis AMC invests Rs 65 crore in an Affordable Housing Project with Adarsh Developers.more

IBA and CREDAI join up to solve unfinished project.

March 22, 2019

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

Maharashtra cuts 50% FSI for commercial or mixed used plots

March 20, 2019

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

Real Estate Investment Trust (REIT) and its Advantages.

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

Service Tax charged on Redeveloped projects done by Developers

March 10, 2019

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

GST dropped from 12% to 5% on Under-Construction Houses

February 25, 2019

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 Buying Indian Property, And Indians Buying Property Abroad

November 4, 2018

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

Nearly 2.67lakh more homes to sanctioned for urban poor under PMAY –U

July 27, 2018

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

Category: Affordable Homes

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