Tag: #Mumbai

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
Fire safety

Press Note: Maharashtra’s Energy Department Issues A Circular To Make Installation of the Fire Evacuation Lift Mandatory in High – Rise Buildings.

July 25, 2022

Developers in Maharashtra Now Must Install Fire Evacuation Lifts in High – Rise Buildings with 70-meters and Above in Heights.   The new Evacuation Safety Circular is a step towards improving evacuation routes for residents anda Safer andFaster Mode for Fire Officers to reach High – Rise Floors during fire emergencies in Maharashtra  Mumbai, July […]

Press Note: Maharashtra’s Energy Department Issues A Circular To Make Installation of the Fire Evacuation Lift Mandatory in High – Rise Buildings.more
Scam Image

No judicial relief, Ahuja Constructions directors were detained in the cheque-bouncing case.

June 13, 2022

Following their conviction in a cheque-bouncing case in March 2021, the city crime branch arrested two directors of Mumbai-based Ahuja Constructions, 71-year-old builder Jagdish Bhagwandas Ahuja and his son Gautam Ahuja (42), on Friday. Because of the pandemic scenario at the time, no measures were taken to imprison them. They did not contest their conviction. […]

No judicial relief, Ahuja Constructions directors were detained in the cheque-bouncing case.more

Smartworks announces investment of US$25 Mn in its new Venture – Smartworks Technology Services.

January 27, 2022

Strengthens Senior leadership with appointment of Anuj Nangpal as CEO. Mumbai – December 13, 2021: Smartworks, India’s leading Enterprise-focused Managed office space provider, today announced the launch of its new venture, Smartworks Technology Services. The new venture aims to launch a Building Operating Platform and Workspace Management SaaS product targeted at landlords and organizations globally, centered on […]

Smartworks announces investment of US$25 Mn in its new Venture – Smartworks Technology Services.more

VBHC announces pre-launch of the “VBHC Rowland Park” in Palghar

January 26, 2022

The project offers modern amenities at affordable prices, and it is the only row house development in the region. Mumbai, 17th December 2021: VBHC Value Homes Private Limited (formerly known as Value and Budget Housing Corporation Private Limited), today announced the pre-launch of their new project “VBHC Rowland Park”, in Palghar, Maharashtra. The Rowland Park […]

VBHC announces pre-launch of the “VBHC Rowland Park” in Palgharmore

Spenta Corporation announces the launch of new tower “Amber” at their project Ornata in Chembur

October 20, 2021

Spenta Corporation is also offering a special festive gift of iPhone 13 pro (128 gb) to buyers on each booking at Amber. October 19 2021, Mumbai: Spenta Corporation Pvt. Ltd. one of the leading real estate firms of Mumbai recently announced the launch of a brand new tower – “Amber”, as a part of its […]

Spenta Corporation announces the launch of new tower “Amber” at their project Ornata in Chemburmore
GST

‘Other charges’ obtained by the builder will be subject to 18% GST: AAR

September 8, 2021

A recent judgment issued by the GST-Authority for Advance Rulings (AAR) to Puranik Builders is expected to have a negative impact on both the builders and the consumers, since it may raise expenses. The AAR has ruled that “other charges” received by a builder under a sale agreement are not a composite supply and would […]

‘Other charges’ obtained by the builder will be subject to 18% GST: AARmore
Mumbai

To prevent Mumbai from sinking, the government will form a climate change commission.

September 4, 2021

The state cabinet was presented with the Intergovernmental Panel on Climate Change’s global warming report on September 1st, with an overall focus on Maharashtra and an emphasis on its coastal region, notably Mumbai. While conducting the presentation, the environment department called for mitigating actions, stating that if temperatures rise by 2-2.5 degrees Celsius due to […]

To prevent Mumbai from sinking, the government will form a climate change commission.more

Maha Housing Minister lauds city teenager for her exemplary research done for garbage workers of the city

August 13, 2021

Sanjana Runwal, founder of Clean Up Foundation, presents a research paper on affordable housing solutions for garbage workers to the State for consideration Mumbai, 11th August 2021: Sanjana Runwal, a 17-year-old student from Mumbai and the founder of the NGO – Clean Up Foundation, was honoured with a Letter of Appreciation by Dr. Jitendra Awhad, […]

Maha Housing Minister lauds city teenager for her exemplary research done for garbage workers of the citymore
MahaRERA

MahaRERA offers builders a six-month extension to complete projects.

August 10, 2021

On August 6, the Maharashtra Real Estate Regulatory Authority granted builders a six-month extension to complete projects by approving their request to invoke the ‘force majeure’ clause due to the second wave. This is the second time the authority has provided such a relief to the state’s builders during the pandemic. “All MahaRERA registered projects […]

MahaRERA offers builders a six-month extension to complete projects.more