Category: REAL ESTATE NEWS

Aadhaar

Aadhar –linked e-registration of properties still to wait in Maharashtra

November 20, 2017

By Realty Quarter Bureau It has been over a year since proposed, but the state government is yet to give its nod to amend Registration Rules, 1961, for enabling individuals to go for Aadhaar-linked e-registration of properties. Last year, the state Inspector General of Registration and Controller of Stamps (IGR) had proposed for the amendments […]

Aadhar –linked e-registration of properties still to wait in Maharashtramore

Government now to start mapping address digitally

By Realty Quarter Bureau The government wants to map your address — residential or professional — digitally, something done by Aadhaar for an individual’s identification. The department of posts – which is under the ministry of communications — has ordered a pilot project that will accord a six-character alphanumeric digital address for every property for three postal pin code […]

Government now to start mapping address digitallymore

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