Tag: #Development

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Bombay HC: There is no development fee for projects built on government land.

October 21, 2022

MUMBAI: On Thursday, the Bombay High Court ruled that a Maharashtra town planning law does not exempt developers from paying development charges for projects on civic or government land, including redevelopment. The legislation was never intended to allow a developer or any third party seeking to redevelop a plot owned by a public body or […]

Bombay HC: There is no development fee for projects built on government land.more
MahaRERA

MahaRERA increases the number of checks required to register projects.

September 26, 2022

The Real Estate (Regulation and Development) Act currently has 37,823 projects registered in the state. According to a Maharashtra Real Estate Regulatory Authority (MahaRERA) official, applications for 1,096 projects are being finalized. PUNE: For the benefit of consumers, builders who register their projects with MahaRERA will now face stricter scrutiny. The state currently has 37,823 […]

MahaRERA increases the number of checks required to register projects.more

There will be no GST on the sale of plots with basic infrastructure: AAR

September 23, 2022

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
High Court

Uttarakhand High Court prohibits the construction of a highway road in a reserved forest.

September 13, 2022

NAINITAL: The Uttarakhand high court on Monday barred builder Upendra Jindal from constructing a highway road in the reserved forest of Nainital’s Pangoot area. The order was issued while the court was hearing a petition filed by Budhiakot’s gramme Pradhan (which falls under the Pangoot area). According to the petition, villagers applied in 2013 for […]

Uttarakhand High Court prohibits the construction of a highway road in a reserved forest.more

The government is working to construct electric highways: Nitin Gadkari

September 12, 2022

NEW DELHI: Union road transport and highways minister Nitin Gadkari said on Monday that the government is working on developing solar-powered electric highways that will allow heavy-duty trucks and buses to be charged. At an event hosted by the Indo-American Chamber of Commerce (IACC), Gadkari reiterated the government’s desire to develop India’s public transportation system […]

The government is working to construct electric highways: Nitin Gadkarimore
International-Tech-Park-Pune-Kharadi

CapitaLand is first to win top BCA SGBuilds Star Award for developers for expanding Singapore’s foothold overseas.

August 29, 2020

Recognised for exemplary collaboration with Singapore firmsin India and Indonesia Singapore, 28 August 2020 – CapitaLand has received the top SGBuilds Star Award by the Building Construction Authority of Singapore (BCA) for the Group’s exemplary collaboration with Singapore firm L&W Construction Private Limited (L&W) to develop International Tech Park Pune, Kharadi (ITPP-Kharadi) in India. CapitaLand […]

CapitaLand is first to win top BCA SGBuilds Star Award for developers for expanding Singapore’s foothold overseas.more
construction

Housing Minister notifies about 3.65 crore jobs creation through the PMAY-Urban.

August 18, 2020

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
Metro Construction

Pune Municipal Corporation standing committee allocates Rs 230 crore for Metro extension.

March 21, 2020

The Pune Municipal Corporation’s standing committee has issued its go-ahead to allot Rs 233.75 crore for the Swargate-Katraj Metro extension, which is estimated to cost Rs 4.283 crore. The Standing Committee also sought the consent of the general body to delegate the operation of the project to Maharashtra Metro Rail Corporation (MahaMetro) and present the […]

Pune Municipal Corporation standing committee allocates Rs 230 crore for Metro extension.more
Under-construction Building

Construction work freezes in China due to epidemic prevention.

March 12, 2020

In February, construction operations in China halted when the government prolonged the lunar New Year break and urged residents to remain indoors for a coronavirus epidemic preventive. The flu-like disease began from central Wuhan has killed 3,158 people and affected over 80,000 in mainland China. Japan’s Komatsu report, one of the most significant manufacturers of […]

Construction work freezes in China due to epidemic prevention.more
Partnership

L&T Realty is going to develop a residential project together with DB Realty in Malad, Mumbai.

February 25, 2020

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