Tag: #Developers

Benjamin Netanyahu collaboration with India

Benjamin Netanyahu invites Indian realtors to collaborate on projects with Israeli companies.

August 7, 2019

By Abhay Shah, Realty Quarter On Tuesday Israel’s Prime Minister Benjamin Netanyahu invited Indian real estate developers to collaborate with Israeli companies to increase efficiency and profitability. “When you partner with Israelis who want to associate with you in order to capture the future together, you can boost the productivity and profitability of your enterprises too,” Netanyahu said here through video messaging conference while addressing the apex body of the realty developer Credai. Israel and India are already working in collaboration in many fields like security, agriculture, cyber and IT, and now construction and real estate. […]

Benjamin Netanyahu invites Indian realtors to collaborate on projects with Israeli companies.more

Three years advance rent payable by developers under SRA projects: Maharashtra Government.

August 2, 2019

By Abhay Shah, Realty Quarter In the past, many slum residents underwent redevelopment complained that developers didn’t pay the rent amount for the accommodation for transit. For instance, More than 100 slum residents of the Dhobi Ghat slum rehabilitation project in Mumbai have been telling us that they have not received their monthly rental from the developer […]

Three years advance rent payable by developers under SRA projects: Maharashtra Government.more

18% GST is applicable for flat owners whose maintenance charges exceed Rs 7,500 per month.

July 29, 2019

By Abhay Shah, Realty Quarter The Ministry of Finance on Monday has announced that the owners of the apartment will pay 18% GST if the maintenance costs paid to the resident welfare association (RWA) exceed Rs 7,500 a month. “A waiver was accessible until 25 January 2018 when contribution charges or share were not higher than Rs […]

18% GST is applicable for flat owners whose maintenance charges exceed Rs 7,500 per month.more

Developers of Mumbai requested the State Government to reduce premium charges.

By Abhay Shah, Realty Quarter Top property developers in Mumbai have requested the state government, to cut premium charges, which it has to pay under various heads, mentioning the liquidity crunch. Developers seek to decrease charges linked to open space deficits premium, staircase, lift and lobby charges, among other taxes. After a discussion on Thursday […]

Developers of Mumbai requested the State Government to reduce premium charges.more

Gera Developments invested Rs.180 crore to buy a 22-acre land parcel in Pune.

July 23, 2019

By Abhay Shah, Realty Quarter Realty developer Gera Developments purchased from the owners of the Goel Ganga Group a 22-acre property in Pune’s Wagholi area for Rs 180 crore, two people with direct development expertise, said. Presently, Gera Developments are in discussion with HDFC Capital Advisors, a wholly-owned subsidiary of the biggest mortgage lender HDFC in […]

Gera Developments invested Rs.180 crore to buy a 22-acre land parcel in Pune.more

Maharashtra developers may not seek any relief in development charges.

July 20, 2019

By Abhay Shah, Realty Quarter It is unlikely that the state government will give demands to the real estate industry to drastically reduce development charges and premiums for various concessions. The BMC has highly rejected any significant decrease, quoting several factors, including losing its main source of revenue, the octroi and not being obliged to pay […]

Maharashtra developers may not seek any relief in development charges.more

Tips to buy a House with best ROI for a longer-term.

July 12, 2019

By Abhay Shah, Realty Quarter With the introduction of the Real Estate (Regulation and Development) Act (RERA), and several other policy initiatives such as the Benami Transactions Act and the government drive towards affordable homes, we can see more residential property market activity in larger cities. The favourable customer sentiment is particularly important after the dampener […]

Tips to buy a House with best ROI for a longer-term.more

NOC may be compulsory in Maharashtra for construction site workers in the building permission plan.

July 6, 2019

By Abhay Shah, Realty Quarter In any of the plans authorized by a local authority for construction permits, the Labor Commissioner proposed a compulsion to include a no objection certificate for the safety of workers. The building permission plan is granted by the local authority — municipal corporation, municipal council, Zilla Parishad, Collectorate, or metropolitan regional […]

NOC may be compulsory in Maharashtra for construction site workers in the building permission plan.more

Real estate market to observe new growth in Co-living and Co-working spaces.

July 1, 2019

By Abhay Shah, Realty Quarter The increasing co-living and co-working sections of alternative real estate asset classes will further improve their footprint. In addition to 5.7 mn beds from past rates of Rs.458bn and 3.6 mn in 2018, the Indian co-living industry is predicted to deliver Rs.1 trillion by 2023 in a business opportunity. “The changing […]

Real estate market to observe new growth in Co-living and Co-working spaces.more

7 Ways in Which RERA Act Benefits Property Buyers in India.

June 29, 2019

RERA committee gives home buyers of India the right to ensure the proper execution and timely completion of all under-construction projects. It covers both commercials as well as residential projects and works towards streamlining the realty process. This article highlights the major benefits of RERA Act for home buyers. To address the grievances of property […]

7 Ways in Which RERA Act Benefits Property Buyers in India.more

Tag: #Developers

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