Tag: #Real Estate News

Shriram Properties expands its plotted development portfolio; Partners with SLV Infra Projects

June 11, 2020

SPL is planning to launch 4-5 plotted development projects this year, through a strategic partnership with SLV Infra Projects Bengaluru, 1 June 2020: Shriram Properties Limited (SPL), one of South India’s leading residential real estate development company, announced further expansion of its plotted land development portfolio through a strategic partnership with SLV Infra Projects, which […]

Shriram Properties expands its plotted development portfolio; Partners with SLV Infra Projectsmore

Housing minister says government will soon issue a special advisory to save homebuyers interest.

April 30, 2020

Housing and Urban Affairs Minister Hardeep Singh Puri said the government will soon issue an advisory to all real estate regulatory bodies and state about the special measures that must be taken to protect the interests of homebuyers and all other stakeholders in the real estate industry. In an urgent meeting of the Central Advisory […]

Housing minister says government will soon issue a special advisory to save homebuyers interest.more

Hyderabad co-working spaces seek to have rent revision.

Over a time when industry forecasts suggest that the co-working market would experience a major shock as a result of the lockdown because they cater for a wide portion of start-ups and medium-sized enterprises, major players in the city claim they are drawing up plans to tackle the situation – from increasing working hours and […]

Hyderabad co-working spaces seek to have rent revision.more

Homebuyers demand an additional discount along with ease payment schedules.

April 28, 2020

Though the lockdown hasn’t prevented queries regarding new houses, developers at Hyderabad say most prospective customers are now calling with additional requests — from a higher discount rate of somewhere between 15% and 20% to compensation schemes, if they want to withdraw the deal later on. Another common request: relaxation in payment schedules. “We get […]

Homebuyers demand an additional discount along with ease payment schedules.more

Can a government relief really going to revive the real estate sector?

Zooming through numerous webinars on the revival of real estate sector one should have noted that prominent recommendations included goods and services tax (GST) input credit, a reduction in GST rates, a reduction in municipal charges, limited period zero stamp duty, etc. to revive the industry. There is no question that several of these steps […]

Can a government relief really going to revive the real estate sector?more

Government to consider GST relief package to aid with the impact of COVID-19.

April 27, 2020

India is considering a relief package for Goods and Services Tax (GST) to fight Covid-19’s effect and help support the economy, said people with knowledge of the issue. The package under consideration could include a six-month suspension of GST payments for the worst-hit sectors such as restaurants, aviation and hospitality and a lower rate for […]

Government to consider GST relief package to aid with the impact of COVID-19.more

Construction sites with up to 10 workers do not need permission to operate.

On April 26, the Haryana government said small residential industrial construction sites employing up to 10 workers, within the Municipal Corporation, municipalities, and rural areas, do not need permission to operate during the lockdown. A letter was issued by the Haryana Labour Department to the administrative secretaries, to the division commissioner and to the deputy […]

Construction sites with up to 10 workers do not need permission to operate.more

ITAT approves hold on paying tax demand to make builder pay its workers.

April 25, 2020

A construction company, which planned to take care of its workers, support staff and employees during the Covid-19 pandemic and was unable to do so because of the pending Income Tax (I-T) claim for Rs 2.91 crore, frozen bank accounts and the attachment of its debtors, received a favourable order from the Income Tax Appellate […]

ITAT approves hold on paying tax demand to make builder pay its workers.more

NEFOWA requested builders not to raise maintenance charges in the housing society during the lock-down.

A representative of homebuyers in Greater Noida, the Noida Extension Flat Owners Welfare Association (NEFOWA) urged builders not to increase maintenance charges in the housing society during the lockdown. When a few developers in the area increased maintenance prices, the Association wrote to the Confederation of Real Estate Developers Association of India. Eros Group, which […]

NEFOWA requested builders not to raise maintenance charges in the housing society during the lock-down.more

The central government is going to replicate Maharashtra’s drone survey across the country for property validation.

April 24, 2020

The central government is seeking to take a leaf out of the drone survey carried out by the state government to map housing in rural areas and replicate it across the country. Last year, the first survey of state property using Unmanned Aerial Vehicles (UAVs) was conducted at Sonori village in Pune District to map […]

The central government is going to replicate Maharashtra’s drone survey across the country for property validation.more

Tag: #Real Estate News

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