Category: Realty_Quarter

Property Transfer

Transfer duty on properties worth more than Rs 25 lakh in Delhi has been increased by 1%.

June 2, 2022

The unified Municipal Corporation of Delhi has agreed to increase transfer duty by 1% on properties priced above Rs 25 lakh across the city, according to official sources. Buying property in Delhi is about to become more expensive. Officials claimed that after the increase, the transfer duty will be 4% for men and 3% for […]

Transfer duty on properties worth more than Rs 25 lakh in Delhi has been increased by 1%.more

Want to tap NRI, Investors to sell your Property? Participate in DUBAI – HNI’s, Investors, and Channel Partners Meet 2022

May 30, 2022

Want to tap NRI, Investors to sell your Property? Participate in DUBAI – HNI’s, Investors, and Channel Partners Meet 2022 (13th Edition).   Participation Benefits? => Exclusive Business Space => Flight Ticket, Visa and Stay for 3 Night & 4 Days => 10 To 15 Minutes Presentation for your company and Projects => 25 Exclusive […]

Want to tap NRI, Investors to sell your Property? Participate in DUBAI – HNI’s, Investors, and Channel Partners Meet 2022more
Indian Property Expo

Realty Quarter have successfully conducted it’s 6th edition of Indian Property Expo 2022.

May 26, 2022

We are proud to announce that we have successfully conducted our Indian Property Expo 2022 which was held on the 21st & 22nd of May 2022. The Indian Property Expo is a platform that allows various real estate players all across India that are backed by many Trade Associations, Financial Institutions, Hight Profile Brokers, Investors, […]

Realty Quarter have successfully conducted it’s 6th edition of Indian Property Expo 2022.more

The Government is attempting to lower Steel, Plastic, and Cement prices.

May 25, 2022

The government announced a series of tariff reductions aimed at lowering iron and steel, coal, and plastics prices, as well as a pledge to more than double fertiliser subsidy allocations to help farmers cope with the impact of the Ukraine war. In addition to lowering import duties on iron and steel, the finance ministry increased […]

The Government is attempting to lower Steel, Plastic, and Cement prices.more
IPO

The Rustomjee Group is planning an initial public offering (IPO) of Rs 1,000 crore.

May 20, 2022

Keystone Realtors, a Rustomjee group company, is expected to file a draft red herring prospectus (DRHP)  with the market regulator Sebi soon for an initial public offering (IPO) of over ₹1,000 crores. The company raised $170 million in a pre-IPO placement. HDFC Capital, IIFL Group, and Jagdish Master’s family office all participated in the deal, according […]

The Rustomjee Group is planning an initial public offering (IPO) of Rs 1,000 crore.more

Bhumika Group raises Rs 100 crore for Udaipur mall and is in talks to raise additional.

May 18, 2022

Bhumika Group, a real estate developer based in NCR, has raised close to Rs 100 crore through loans and two Lease Rental Discounting (LRD) transactions, according to Uddhav Poddar, MD of Bhumika Group. To fund the construction of phase 2 of its 3.5 lakh sq. ft. retail area in Udaipur mall, the company is in […]

Bhumika Group raises Rs 100 crore for Udaipur mall and is in talks to raise additional.more
Housing Plots

Runwal Group pays Rs 471 crore for a 20-acre land parcel in Thane.

May 16, 2022

According to people with direct knowledge of the transaction, real estate developer Runwal Group has paid around Rs 471 crore for a 20-acre land parcel in Thane, near Mumbai, from chemical company PB Global. Runwal Group and PB Global have already signed a definitive agreement for the land transaction, and the entire transaction is expected […]

Runwal Group pays Rs 471 crore for a 20-acre land parcel in Thane.more

No conservation fee if construction takes place outside of the ESZ: Bombay HC

May 13, 2022

MUMBAI: The Bombay High Court dismissed a Rs 4 crore demand made on a Thane developer, ruling that the forest department cannot levy a “conservation fee” on commercial activities outside the eco-sensitive zones (ESZs) surrounding national parks and wildlife sanctuaries. According to the HC, the moot question is whether the 2% of project cost must […]

No conservation fee if construction takes place outside of the ESZ: Bombay HCmore

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
Court Order

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