Category: Housing Socieites

Design Thinking

Design Thinking: A Step Up For Entrepreneurs

August 29, 2020

A journey from an Entrepreneur to an Artrepreneur !! Entrepreneurship is a marathon and when one starts thinking entrepreneurial, the marathon gets even better. From professionals to Entrepreneurs and now Artpreneurs, here is an inspiring story of a few young minds from Mumbai, India. Background ‘ASA’ is an established Architecture and Interior Design Studio formed […]

Design Thinking: A Step Up For Entrepreneursmore
Waiver on Stamp duty

Government reduces stamp duty charges from 5% to 2% in Maharashtra.

August 26, 2020

The Maharashtra government agreed to temporarily cut the stamp duties on houses from 5% to 2% until December 31 in an effort to improve the declining real estate sector due to the coronavirus outbreak. The government said in a statement that the stamp duty on homes would be 3% from 1 January until 31 March. […]

Government reduces stamp duty charges from 5% to 2% in Maharashtra.more
MahaRERA

CCI Projects Ltd will have to pay interest on late possession says MahaRERA.

August 24, 2020

Maharashtra Real Estate Regulatory Authority (MahaRERA) dismissed the developer’s argument that, since home buyers continued to pay even after the promised date of occupancy had passed, they had “acquiesced” and agreed to the delay in possession. In three separate orders, MahaRERA’s Bhalchandra Kapadnis has advised developer CCI Projects Ltd, to pay interest on deferred possession […]

CCI Projects Ltd will have to pay interest on late possession says MahaRERA.more
Construction

Gujarat recent law allows the construction of skyscraper buildings in top 5 cities.

August 19, 2020

The government stated on 18 August, that Gujarat Chief Minister Vijay Rupani authorised the development of 70 floors or higher buildings for five key cities. In compliance with the new law, for tall structures in the state, the highest legal cap was 23 floors. The state government now proposed to amend the General GDCR (General […]

Gujarat recent law allows the construction of skyscraper buildings in top 5 cities.more
construction

Housing Minister notifies about 3.65 crore jobs creation through the PMAY-Urban.

August 18, 2020

Union Minister Hardeep Singh Puri said on Tuesday that approximately 3.65 crore jobs would be created in the development of apartments and houses approved by the country’s Pradhan Mantri Awas Yojana (Urban). Puri further said 1.65 crore jobs have already been generated under the PMAY (U), during a webinar, arranged by the Confederation of Indian […]

Housing Minister notifies about 3.65 crore jobs creation through the PMAY-Urban.more
Hardeep Singh Puri

Housing minister says government will soon issue a special advisory to save homebuyers interest.

April 30, 2020

Housing and Urban Affairs Minister Hardeep Singh Puri said the government will soon issue an advisory to all real estate regulatory bodies and state about the special measures that must be taken to protect the interests of homebuyers and all other stakeholders in the real estate industry. In an urgent meeting of the Central Advisory […]

Housing minister says government will soon issue a special advisory to save homebuyers interest.more
Home Loan

Homebuyers demand an additional discount along with ease payment schedules.

April 28, 2020

Though the lockdown hasn’t prevented queries regarding new houses, developers at Hyderabad say most prospective customers are now calling with additional requests — from a higher discount rate of somewhere between 15% and 20% to compensation schemes, if they want to withdraw the deal later on. Another common request: relaxation in payment schedules. “We get […]

Homebuyers demand an additional discount along with ease payment schedules.more
construction workers

Construction sites with up to 10 workers do not need permission to operate.

April 27, 2020

On April 26, the Haryana government said small residential industrial construction sites employing up to 10 workers, within the Municipal Corporation, municipalities, and rural areas, do not need permission to operate during the lockdown. A letter was issued by the Haryana Labour Department to the administrative secretaries, to the division commissioner and to the deputy […]

Construction sites with up to 10 workers do not need permission to operate.more
Real estate

NEFOWA requested builders not to raise maintenance charges in the housing society during the lock-down.

April 25, 2020

A representative of homebuyers in Greater Noida, the Noida Extension Flat Owners Welfare Association (NEFOWA) urged builders not to increase maintenance charges in the housing society during the lockdown. When a few developers in the area increased maintenance prices, the Association wrote to the Confederation of Real Estate Developers Association of India. Eros Group, which […]

NEFOWA requested builders not to raise maintenance charges in the housing society during the lock-down.more
Drone Survey

The central government is going to replicate Maharashtra’s drone survey across the country for property validation.

April 24, 2020

The central government is seeking to take a leaf out of the drone survey carried out by the state government to map housing in rural areas and replicate it across the country. Last year, the first survey of state property using Unmanned Aerial Vehicles (UAVs) was conducted at Sonori village in Pune District to map […]

The central government is going to replicate Maharashtra’s drone survey across the country for property validation.more