Tag: #Indian Real Estate News

Insurance cover for structural defects in buildings: HDFC Ergo

November 22, 2017

By Realty Quarter Bureau Property owners can now get an extended warranty for buildings in the form of an insurance policy against structural defects. Private insurer HDFC Ergo has launched a policy that compensates for the cost of repairing, restoring or strengthening of a building due to structural defect. HDFC Ergo General Insurance executive director Mukesh Kumar said that […]

Insurance cover for structural defects in buildings: HDFC Ergomore

Government now to start mapping address digitally

November 17, 2017

By Realty Quarter Bureau The government wants to map your address — residential or professional — digitally, something done by Aadhaar for an individual’s identification. The department of posts – which is under the ministry of communications — has ordered a pilot project that will accord a six-character alphanumeric digital address for every property for three postal pin code […]

Government now to start mapping address digitallymore

Assocham states, real estate should be under GST with stamp duty & moderate rates

November 15, 2017

By Realty Quarter Bureau If the real estate sector is brought within the ambit of GST, it should be along with the stamp duty and moderate rate, and should not add to the cost of housing and construction, according to an industry body. The Associated Chambers of Commerce and Industry of India (Assocham) said the Centre is certainly […]

Assocham states, real estate should be under GST with stamp duty & moderate ratesmore