Category: Interviews

Tax Relief

South Delhi announces tax exemption for residents of the illegal colonies.

March 16, 2020

An amnesty scheme has been declared by South Delhi Municipal Corporation to provide relief for inhabitants of unauthorized colonies. SDMC Mayor Sunita Kangra clarified that, under the terms of the scheme, the unpaid tax in respect of residential property in unauthorized colonies would be exempted from payment by paying just the current year’s tax. “In […]

South Delhi announces tax exemption for residents of the illegal colonies.more
Rana-Kapoor

Yes Bank founder Rana Kapoor experiences raid in his residence by ED.

March 7, 2020

On Friday, the Enforcement Directorate raided Yes Bank founder Rana Kapoor’s Mumbai residence in connection with an investigation of money laundering against him and others, officials said. They said that the raid was carried out in his residence at Samudra Mahal. Also, the officials said Kapoor is being questioned at his house by the ED […]

Yes Bank founder Rana Kapoor experiences raid in his residence by ED.more
Mumbai

South Mumbai: MHADA aims to decrease the premium from 50% to 35% on redevelopment projects.

March 5, 2020

MHADA has made investments in redevelopment buildings in South Mumbai less costly for developers. It directly translates into affordable housing for the common man at the heart of Mumbai. Are you living in a compact house in South Mumbai? Or perhaps, you’ll find yourself in an old building and have no other choice but to […]

South Mumbai: MHADA aims to decrease the premium from 50% to 35% on redevelopment projects.more
South Mumbai Bungalow

Maharashtra government to spend Rs 119 crore for constructing 18 floor complex for ministers.

February 22, 2020

The state government would spend Rs 119 crore transforming a popular British-era bungalow in Walkeshwar into an 18-floor apartment complex for ministers, with each apartment providing an open view of the sea. Ajoy Mehta, the Chief Minister of State, cleared the building on 20 February. at a meeting. The Puratan 25,000 sqft government bungalow on […]

Maharashtra government to spend Rs 119 crore for constructing 18 floor complex for ministers.more
Mobile Application

CREDAI launches Awaas app to help buyers find their desired property.

February 17, 2020

In order to make home buyers buy property easily by reputable developers, The Confederation of Real Estate Developers’ Association of India (CREDAI) has launched an application. The app helps buyers to find their preferred projects and directly contact developers. The app was launched by Chattisgarh RERA Chief Vivek Dhand and by Minister of Transport, Housing […]

CREDAI launches Awaas app to help buyers find their desired property.more
Supreme court

Delhi-NCR real estate market gets the Supreme Court’s revocation on an overnight construction ban.

February 15, 2020

On 14 February, the Supreme Court lifted the ban on night-time construction in Delhi-NCR, making it a relief for the real estate industry. In Delhi-NCR, on 4 November 2019, the court had placed a complete ban on construction activities. It took the dramatic decline in air quality in and around the Delhi-NCR area into account. […]

Delhi-NCR real estate market gets the Supreme Court’s revocation on an overnight construction ban.more
Luxurious House

Demand for luxurious housing mounts in South Mumbai.

February 8, 2020

Regardless of the sloppy economy, the demand for luxury property in Mumbai is growing, and developers are preparing to fulfill it. The buyer’s first choice of housing would be luxurious towers in South Mumbai. Living lavishly in a quaint Mumbai neighborhood with plenty of modern facilities and near to all the key destinations. The country’s […]

Demand for luxurious housing mounts in South Mumbai.more
Budget

Budget 2020: How it will benefit the real estate segment?

February 2, 2020

Budget 2020 has given the real estate industry and the common man many surprises. Many demands were anticipated from the real estate sector in the 2020 budget, but only a few received the attention of the minister of finance. Let us check some of the main budget announcements and their effect on the real estate […]

Budget 2020: How it will benefit the real estate segment?more
Property Tax

Hilltown with green buildings will get a 50% tax rebate on property tax.

In the hill town, there is a new format of property tax, which gives green buildings a 50% exemption. Under the new rules, the Dharamshala Municipal Corporation’s (DMC) meeting of the General House decided on 30 January all families below the poverty line and cowsheds were exempted from paying property tax. When approached, Devender Jaggi, […]

Hilltown with green buildings will get a 50% tax rebate on property tax.more
Nirmala Sitharaman

Latest Update: Finance Minister Nirmala Sitharaman budget speech 2020 highlights.

February 1, 2020

Finance Minister Nirmala Sitharaman today introduced a new discretionary personal income tax regime and unveiled a multibillion-dollar farm, infra and healthcare package to boost the country’s economy. Emphasizing capacity building and empowering oppressed sections of the society while preserving the creators of wealth, Sitharaman said this budget would improve people’s income and purchasing power. Finance […]

Latest Update: Finance Minister Nirmala Sitharaman budget speech 2020 highlights.more