The land has always been clearly exempt from GST. However, a never-ending battle erupted over whether the sale of plots following basic development is subject to GST. This case is nearing its end. MUMBAI: The GST-Authority for Advance Rulings (AAR) Karnataka bench has ruled that the goods and services tax (GST) is not applicable on […]
There will be no GST on the sale of plots with basic infrastructure: AARmore
Prime Minister Narendra Modi stated on Saturday that the average housing construction time for the Pradhan Mantri Awas Yojana (PMAY-Gramin) were 45 to 60 days against 125 days at the time of the pandemic, as migrant workers returned home during lock-down and contributed towards it. He said that under the PMAY, during the coronavirus phase, […]
Prime Minister speaks about the rapid construction of PMAY houses during the pandemic period.more
Union Minister Hardeep Singh Puri said on Tuesday that approximately 3.65 crore jobs would be created in the development of apartments and houses approved by the country’s Pradhan Mantri Awas Yojana (Urban). Puri further said 1.65 crore jobs have already been generated under the PMAY (U), during a webinar, arranged by the Confederation of Indian […]
Housing Minister notifies about 3.65 crore jobs creation through the PMAY-Urban.more
The real estate development arm Larson & Toubro’s (L&T Realty) is in planning to do a partnership with DB Realty for developing a residential project in the Malad area of Mumbai’s Western suburb. The said project is estimated to be over 1.4 million sq ft, said three persons with direct knowledge of the development. The […]
L&T Realty is going to develop a residential project together with DB Realty in Malad, Mumbai.more
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
By Abhay Harish Shah , Realty Quarter The Maharashtra government has propelled an exceptional plan for construction workers in the express that means to give food to 20,000 workers in the first phase of its new scheme. The Maharashtra Government launched a scheme called Atal Aahar Yojana which will provide high-quality hygienic food at a […]
Food Subsidies will be given to Construction Workers – Maharashtra Schememore
By Realty Quarter Bureau Engineering major Larsen and Toubro (L&T) said its subsidiary L&T Construction has bagged orders worth Rs 2,440 crore in the domestic market. “The power transmission and distribution business of L&T Construction has bagged EPC orders worth Rs 2,440 crore,” L&T said in a BSE filing. L&T said it has received an order […]
L&T Construction Bags Orders for Rs 2,440 crmore
By Realty Quarter Bureau The head of World Cement Association reported the global demand for cement is back on upward scale after years of downslide as developed markets recover in Europe and United States. Pent-up demand in developed markets will increase global cement consumption by 1.5% next year, following an expected increase of 1 % […]
Cement demand will rise by 1.5% in 2018 reports: World Cement Associationmore