Category: News

Experts say the Supreme Court’s decision on GST on under-construction flats will reduce buyers’ tax burden.

May 11, 2022

According to experts, the Gujarat High Court ruling that the actual value of land should be deducted before levying GST on under-construction flats would reduce the tax outlay for homebuyers if the contractual arrangement clearly denotes the land value. Currently, GST is levied on the sale of under-construction flats/units, with the entire value of the […]

Experts say the Supreme Court’s decision on GST on under-construction flats will reduce buyers’ tax burden.more

Refund Rs 7 crore to flat buyers; builder cannot keep extending deadlines: MahaREAT

May 9, 2022

The Maharashtra Real Estate Appellate Tribunal ruled on May 4 that the “completion date cannot keep getting extended on grant of each commencement certificate (CC)” and ordered a builder to refund a couple who paid nearly Rs 7 crore for a 16th-floor flat in a Bandra (East) highrise in 2015. They did not obtain possession […]

Refund Rs 7 crore to flat buyers; builder cannot keep extending deadlines: MahaREATmore

Aaditya Thackeray suggests that the government and developers work together to build better cities.

May 2, 2022

Aaditya Thackeray, Maharashtra’s Minister of Tourism and Environment, has suggested that real estate developer bodies such as the National Real Estate Development Council (NAREDCO) work with the government to develop better cities and help citizens realise their basic dream of owning a home. “We are embarrassed by the ancillary label of builder-politician that has been […]

Aaditya Thackeray suggests that the government and developers work together to build better cities.more

India’s Biggest Indian Property Expo 2022 (6th Edition).

April 30, 2022

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

Kukatpally land scam worth Rs 100 crore: Forum for Good Governance

April 28, 2022

In collusion with officials, the society sold around five acres of prime land worth 100 crore in a 45-acre layout of Hyderabad Industries Ltd employees’ society, which was earmarked for parks, schools, and other community purposes, in the form of plots. The Kukatpally GHMC town planning wing revealed this to Forum for Good Governance (FGG) […]

Kukatpally land scam worth Rs 100 crore: Forum for Good Governancemore

Mumbai: A couple receives a Rs 1 crore refund plus Rs 63 lakh in interest for a delayed flat purchase.

April 26, 2022

According to the National Consumer Commission, a builder cannot blame a delay in construction on the time it took to obtain the necessary permission from the authorities. “The Supreme Court has ruled that the time required to obtain approval from the appropriate authorities is always to be expected. The builder cannot use this as an […]

Mumbai: A couple receives a Rs 1 crore refund plus Rs 63 lakh in interest for a delayed flat purchase.more

Haryana: Individual electricity connections will be installed in each flat in group housing societies soon.

April 19, 2022

Instead of a single point connection, state discoms are considering providing individual connections to each residence in housing clusters such as highrise societies, according to officials on April 17. According to them, the move will ensure that each flat owner has a separate electricity connection. This could potentially lower household tariffs by bringing them under […]

Haryana: Individual electricity connections will be installed in each flat in group housing societies soon.more

The fate of Mumbai’s shoreline is up for grabs, and environmentalists have issued a final call to action.

April 15, 2022

The state’s coastal zone council is about to examine Mumbai’s Coastal Zone Management Plan (CZMP), which was approved by the Centre over a year ago and published online two months ago. The CZMP has been chastised by environmentalists and concerned residents for allowing more building activities near the shoreline without considering the implications of global […]

The fate of Mumbai’s shoreline is up for grabs, and environmentalists have issued a final call to action.more

After lying dormant for ten years, YEIDA reclaims plots from firms.

April 4, 2022

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

According to the Mumbai police commissioner, builders will be required to provide noise pollution mitigation bonds.

April 1, 2022

Sanjay Pandey, Mumbai Police Commissioner, announced on March 29 that builders will be required to post bonds to ensure that noise pollution at city construction sites does not exceed prescribed limits and hours. During a Mumbai Press Club event, he also stated that, based on the responses he has received, Mumbai residents consider noise pollution […]

According to the Mumbai police commissioner, builders will be required to provide noise pollution mitigation bonds.more

Category: News

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