Category: REAL ESTATE NEWS

One year of Demonetization: Real Estate bruised, but more resilient

November 13, 2017

By Anuj Puri, Chairman – ANAROCK Property Consultants Over the past one year, demonetization has been a buzzword across all Indian industries, but much more so in real estate. The radical move of banning high-value currency notes, seen as the Government’s surgical strike on black money, has become a landmark event in the history of the […]

One year of Demonetization: Real Estate bruised, but more resilientmore
Home buyers finally got the status of Primary secured creditors

Home buyers finally got the status of Primary secured creditors

November 10, 2017

By Realty Quarter Bureau The Union ministry of housing and urban poverty alleviation (MHUPA) has accepted the long-standing demand of consumer organizations that home buyers should be given the status of primary secured creditor (PSC) in case the developer goes bankrupt or financial institutions begin process of liquidating assets. Currently, if a builder becomes bankrupt, […]

Home buyers finally got the status of Primary secured creditorsmore

Recently Law is amended, regarding the implications of Shifting base year from 1981 to 2001, for computation of capital gains : By Adv. Vimal Punmiya

October 28, 2017

By Adv. Vimal Punmiya:    Recently Law is amended, regarding the implications of Shifting base year from 1981 to 2001, for computation of capital gains.   In this connection, it may be stated that the relevant provisions of sections 55 and 48 of the       Income-Tax Act, 1961 (the Act) have been amended by the Finance […]

Recently Law is amended, regarding the implications of Shifting base year from 1981 to 2001, for computation of capital gains : By Adv. Vimal Punmiyamore
Get ready for upcoming waves in Real Estate India this year

Get ready for upcoming waves in Real Estate India this year

October 26, 2017

The year 2017-18 promises to be an interesting year for one real estate sector in India. After the demonetization, Real Estate Regulatory Bill (RERA) and Real Estate Investments Trust (REITS) can play an important in yielding rich dividends. Also with RERA and Benami Transactions (Prohibition) Amendment Act 2016, India Real Estate market has become one […]

Get ready for upcoming waves in Real Estate India this yearmore
Interview of Shri. Gautam Chatterjee, Chairman, MahaRERA, Government of Maharashtra

Interview of Shri. Gautam Chatterjee, Chairman, MahaRERA, Government of Maharashtra

‘’If developers do not register themselves before the end date of RERA, notices will be issued’’, says Gautam Chatterjee, RERA Chairperson. Shri. Gautam Chatterjee who took over as the Chairperson of MahaRERA states that if developers/builders fails to register before 31st July show cause notices will be send to each one. These notices will be […]

Interview of Shri. Gautam Chatterjee, Chairman, MahaRERA, Government of Maharashtramore
Biggest sanitation survey completed under Swachh Survekshan 2017: Venkaiah Naidu

Biggest sanitation survey completed under Swachh Survekshan 2017: Venkaiah Naidu

The largest ever Sample Survey of over 18 lakh citizens has revealed that sanitation in cities and towns of the country has  substantially improved during the last one year, confirming that the ‘Swachh Bharat’ buzz is making a difference on ground with people clearly perceiving a change for the better. Results of the ‘Swachh Survekshan-2017’ […]

Biggest sanitation survey completed under Swachh Survekshan 2017: Venkaiah Naidumore
BDD chawl re-development kicks off with CM launching projects

BDD chawl re-development kicks off with CM launching projects

Maharashtra CM Devendra Fadnavis launches projects housing stock of 16,000 affordable homes to be generated. Chief minister Devendra Fadnavis on Saturday launching one of India’s biggest redevelopment projects, that of the century-old Bombay Development Directorate (BDD) chawls, decks for generating housing stock of 16,000 affordable homes have been cleared. The redevelopment of BDD chawls spread […]

BDD chawl re-development kicks off with CM launching projectsmore