Category: REAL ESTATE NEWS

India’s Most Expensive IT Corridors

November 15, 2017

By Ramesh Nair, CEO & Country Head, JLL India India is touted as one of the biggest IT destinations in the world, and it was one of the first countries to benefit from the outsourcing trend that originated in the early 1990s. With a significantly large English-speaking workforce and technically skilled manpower available at relatively affordable […]

India’s Most Expensive IT Corridorsmore

Assocham states, real estate should be under GST with stamp duty & moderate rates

By Realty Quarter Bureau If the real estate sector is brought within the ambit of GST, it should be along with the stamp duty and moderate rate, and should not add to the cost of housing and construction, according to an industry body. The Associated Chambers of Commerce and Industry of India (Assocham) said the Centre is certainly […]

Assocham states, real estate should be under GST with stamp duty & moderate ratesmore

46,000 applications filled for DDA lottery scheme, draws in November

By Realty Quarter Bureau The draw for DDA’s new housing scheme, for which the urban body has received over 46,000 applications, would be held around the end of November, a senior official said. The Delhi Development Authority (DDA) is offering 12,000 flats across four income categories in Rohini, Dwarka, Narela, Vasant Kunj, Jasola, Pitampura, Paschim Vihar and Siraspur. […]

46,000 applications filled for DDA lottery scheme, draws in Novembermore

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