Developers from all real estate projects in the twin cities and the area of Yamuna Expressway are asked to provide isolation facilities on their construction sites for Covid affected workers, the Naredco builders’ body said on May 6. Despite the fact that over 25% of migrant workers have returned to their hometowns, over a lakh people […]
NAREDCO aims for the establishment of isolation facilities for construction workers.more
On May 5, the Maharashtra cabinet approved a plan to amend the Cooperative Societies Act 1960 to ensure that members’ voting rights are not getting lost during the next elections to their respective societies. According to the current rules, a member must attend at least one meeting of the co-operative society every five years otherwise, […]
The Maharashtra cabinet has approved changes to the Co-operative Societies Act.more
Sebi, the market regulator, issued a new structure on Tuesday to improve policies on a provisional assessment by credit rating agencies (CRAs) for debt instruments. According to the structure, all provisional ratings (‘long term’ or ‘short term’) for debt instruments must be prefixed with ‘provisional’ before the rating symbol in all communications—rating document, press release, […]
Debt instruments provisional rating policies get reinforced by the SEBI new guidelines.more
Real estate and construction firms have so far been able to keep their workers on the job by using the lessons learned from last summer’s tumultuous evacuation of towns, even as reverse migration of unskilled workers working in retail, hotels, street vendors, and other miscellaneous occupations has begun in the wake of new mobility curbs. […]
Construction firms are able to support their workers by using the reverse migration option.more
The Municipal Corporation of East Delhi has decided to change totally to the online tax collection method. A government entity notification states that property tax returns are now accepted only online. Manual return filing has been taken out. According to the order issued by the accessor and collector office, the change is intended to increase […]
East Delhi Municipal Corporation mandates online Property Tax payment from individuals.more
Radhakishan Damani, billionaire investor and founder of D-Mart, has purchased a bungalow in South Mumbai’s lavish Malabar Hill area for Rs 1,001 crore, the country’s largest residential sale. Damani purchased the property with his younger brother, Gopikishan Damani. Madhukunj, a 1.5-acre land parcel on leafy Narayan Dabholkar Marg, has ground plus a two-storey bungalow with […]
Radhakishan Damani, founder of D-Mart executes its third-biggest deal of Rs. 1,001 crore.more
The Biden administration is continuing a federal moratorium on evictions of residents who fell behind on their rent during the coronavirus pandemic. The Centers for Disease Control and Prevention moved on Monday to prolong pandemic-related safety, which was due to expire on Wednesday. The ban got extended until the end of June. The ban, which […]
The tenant eviction ban gets extended until June in the USA.more
WeWork announced on Friday that it has agreed to go public in a merger with blank-check company BowX Acquisition Corp, in a deal estimated at $9 billion. It represents a significant decrease from the $47 billion that WeWork was priced for a listing in 2019, prior to a failed listing strategy that crumbled due to […]
WeWork goes public via SPAC in a $9 billion deal.more
The real estate developers’ association CREDAI MCHI urged the Maharashtra government to extend the currently reduced stamp duty to 31 March 2022. It emphasized that the sentiments and registrations of the properties, job creation and overall tax collection for the State were considerably improved after the stamp duty was cut. Representatives of the real estate body that has […]
CREDAI-MCHI asks the Government of Maharashtra to elongate the stamp duty reduction by another 12 months.more
Best Luxury Project of the Year” PRISMA BY OBEROI REALTY & Award Presented to Ms. VIDYA MORAJKAR (MEDIA COMMUNICATION) and Award received from MS. GURMEET KAUR MAAN (ACTOR / MODEL) REALTY QUARTER Celebrated its “4th REAL ESTATE & CONSTRUCTION INDUSTRY LEADERSHIP AWARDS 2021” in association with BUILDER ASSOCIATION OF INDIA (BAI), MAHARASHTRA WELFARE SOCIETY ASSOCIATION (MWSA), […]
Best luxury Project of the year – PRISMA BY OBEROI REALTYmore
