Multiplexes and cinema halls have scarcely been open since the outbreak began and have been forced to close because of limitations set to control the spread of Covid-19. The state administration announced on Tuesday a total exemption from property tax for owners of multiplexes, movie halls, and gyms for the fiscal year 2021-22. The state […]
Gujarat Government provides property tax relief to multiplexes, gym owners.more
Investments in land and buildings necessary for a project will not be included under the production linked incentive (PLI) scheme for ACs and LED lights, and will not be included when establishing a company’s eligibility to benefit from the program. This is part of the rules provided on Friday by the Department for Promotion of […]
Land and building investments are not covered under the PLI scheme.more
Hyderabad: The stage is all set for digital land survey across the State. Chief Secretary Somesh Kumar on Tuesday held a preliminary meeting with various companies to take up digital land survey in the Telangana State. A total of 17 companies participated in the discussion. The Honourable Chief Minister K Chandrashekar Rao is likely to […]
Telangana Gearing up For Digital Land Surveymore
PNB Housing Finance’s board of directors has approved an Rs 4,000 crore capital raise plan by the preferential issue of equity shares and warrants, according to a press statement. Pluto Investments, a Carlyle Asia Partners IV, L.P. and Carlyle Asia Partners V, L.P. affiliate, has decided to invest up to Rs 3,185 crore at preferential […]
PNB Housing is going to raise Rs 4,000 crore from Carlyle Group, others.more
On May 31, 2021, online real estate portal Housing.com and the global business school Indian School of Business (ISB) announced the launch of their Housing Pricing Index (HPI), which will assist potential homebuyers in determining the best time to buy a property and sellers in determining the best time to sell their assets. Homebuyers, investors, […]
Pricing index for housing launched to help homebuyers make informed purchase decisions.more
The Confederation of Real Estate Developers Associations of India(CREDAI)Andhra Pradesh has urged the government to take steps to reduce the registration stamp duty from 7.5% to 2% to help the real estate sector which is reeling under the impact of COVID 19. This move would benefit the homebuyers, and they would be able to purchase […]
CREDAI Andhra Pradesh Urges for Stamp Duty Cut to Boost Realty.more
The regulator had found that PACL Ltd, which had raised money from the public in the name of agriculture and real estate businesses, collected more than Rs 60,000 crore through illegal collective investment schemes (CISs) over 18 years. The properties being attached are land parcels situated at Banur in Punjab, the Securities and Exchange Board of […]
SEBI orders attachment of PACL properties in Punjab to recover Investors Money.more
Gujarat is one step closer to transforming the skylines of its five major cities with ‘iconic towers’ such as those seen in Dubai and Singapore. Chief Minister Vijay Rupani approved the final notification addressing the construction of buildings with 70 or more stories on May 25, paving the path for this move. The approval was […]
The Chief Minister of Gujarat has approved the construction of skyscrapers with 70 or more floors.more
Palghar, about 115 kilometers from Mumbai, will be the site of a new proposed satellite township. This will be the second such township, following Navi Mumbai, whose growth began in the 1970s. The township will be built on 337 hectares of land provided to the City and Industrial Development Corporation (Cidco) in lieu of building […]
Cidco plans to construct a township on 337 hectares of land in Palghar.more
On Saturday, CM Nitish Kumar asked the energy department to expedite the installation of prepaid smart meters in each Bihar household, reiterating his demand for the country to have ‘one nation, one electricity rate.’ The CM assured officials that there would be no shortage of funds for the ongoing work of installing prepaid smart meters […]
Bihar chief minister has directed officials to expedite the installation of smart meters in every home.more
