Category: Realty_Quarter

Housing ICRA predicts overall real estate inventory to decrease by 40-60%.

The price difference between under-construction and ready-to-move homes decreases to 3-7%.

December 18, 2019

According to property consultancy firm Anarock, in 2019, the price gap between ready-to-move-in (RTM) and under-construction (UC) homes has fallen to mere 3–7% in the top seven cities. There is a decline in the price differential between the two categories year on year. The difference in 2018 was around 5-9%, but in 2017 it was […]

The price difference between under-construction and ready-to-move homes decreases to 3-7%.more

Keppel Land and Rustomjee Group have entered into a joint venture to construct a 51.4 hectare integrated Urbania township in Mumbai.

December 17, 2019

Keppel Land, based in Singapore, has established a joint venture with the Rustomjee Group through its wholly-owned subsidiary, with the aim to develop the 51.4-hectare integrated Urbania township of Thane in the Mumbai region, a company statement said. Keppel Land is set to buy a 49% stake for over Rs 400 crore in the joint […]

Keppel Land and Rustomjee Group have entered into a joint venture to construct a 51.4 hectare integrated Urbania township in Mumbai.more

Greater Noida Industrial Development Authority will soon carry all services and infrastructure works online.

December 16, 2019

The Greater Noida Industrial Development Authority (GNIDA) would shortly become an e-Authority with GIS and ERP systems carrying all services and infrastructure works. In the next three months, the two facilities will be launched with various other services becoming completely online. The Geographic Information System (GIS) will be able to map all facilities, along with […]

Greater Noida Industrial Development Authority will soon carry all services and infrastructure works online.more

The increasing demand for Co-working space in MNCs, Corporates and SMEs.

December 14, 2019

Over the last four years, co-working has been geared to its growth. India is at the forefront of a working revolution with several companies and SMEs rather work out of co-working areas rather than traditional offices. Many small and large players set up operations in 2019, and in the seven top cities in India, there […]

The increasing demand for Co-working space in MNCs, Corporates and SMEs.more

Important amenities that a tenant should check before renting a house.

December 13, 2019

A common dilemma for prospective tenants when searching for a home on rent is to determine what amenities are necessary and based on that what rental amount of the house should be. “The facilities close to one’s home in metropolitan cities could be costly and only accessible through annual membership. Most people, therefore, prefer basic projects […]

Important amenities that a tenant should check before renting a house.more

IBC amendment bill 2019 seeks to protect last-mile funding.

December 12, 2019

The Union Cabinet approved the insolvency and bankruptcy code amendments on 11 December. Based on an official release the Code amendments aim, at removing bottlenecks, rationalizing the corporate insolvency resolution process (CIRP) and protecting last-mile funding will boost investment in financially distressed sectors. “Additional thresholds introduced by the authorized representative for the purpose of preventing frivolous […]

IBC amendment bill 2019 seeks to protect last-mile funding.more

EOW request sale of 143 properties of DS Kulkarni developer to recover depositor’s money.

December 11, 2019

To assist depositors who placed their money in the safekeeping of now-jailed DS Kulkarni developer, officials of the Economic Offences Wing (EOW) of Pune Police will request the tribunal to allow the sale of 143 builders’ properties, all of which don’t have any litigation against them. “If it is approved by the court, these properties […]

EOW request sale of 143 properties of DS Kulkarni developer to recover depositor’s money.more

SC partially releases ban, DELHI-NCR gets permission on construction activities.

December 10, 2019

On Monday, the Supreme Court permitted the construction activities in the Delhi-NCR area from 6 am to 6 pm, lifting partially its complete ban. The Apex Court reviewed the report of the Central Pollution Control Board (CPCB), which stated that construction works should not be allowed between 6 pm to 6 am. Additional Solicitor General […]

SC partially releases ban, DELHI-NCR gets permission on construction activities.more

Rules to be followed for filing ITR under self-occupied properties.

December 9, 2019

A property belonging to a tax assessee should be declared when filing income tax returns, even if it is a self-occupied or rented. Revenue from a property is a separate revenue head eligible for deductions based on whether the property is rented or self-occupied. Treatment of self-occupied property income in line with rules of income […]

Rules to be followed for filing ITR under self-occupied properties.more

MahaRERA edicts to appoint only skilled labours for quality construction.

December 6, 2019

MahaRERA will now allow only skilled workers at construction sites to ensure quality construction and prevent accidents. The workers will also benefit from insurance coverage for their family members. The MahaRERA has already started to recruit employers’ organizations and also ensuring that the workers do not lose their wages for the day. “The process of […]

MahaRERA edicts to appoint only skilled labours for quality construction.more

Category: Realty_Quarter

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