Tag: realty quarter

Mr Neh Srivastava, Under Secretary, Ministry of Home Affairs and President, CSSOS

New tax regime for buyers with completion certificate; flexibility to opt for lower GST sans ITC

July 4, 2019

By- Mr Neh Srivastava Under Secretary, Ministry of Home Affairs and President, CSSOS With elections done and dusted, the Central Board of Indirect Taxes and Customs (CBIC) is moving ahead with its plan to implement its 12 per cent GST order on balance amount due to the builders. As per the order, Home buyers who have been granted completion […]

New tax regime for buyers with completion certificate; flexibility to opt for lower GST sans ITCmore

Waiver of taxation for property in Mumbai approved for apartments of up to 500 sq ft.

By Abhay Shah, Realty Quarter On Monday, the state legislative council approved the law giving a tax exemption for residential properties whose carpet area is within 500 square feet. While the proposal was tabled, Devendra Fadnavis, said that the government chose to waive property tax in Mumbai only because the BMC is financially viable and can achieve the […]

Waiver of taxation for property in Mumbai approved for apartments of up to 500 sq ft.more

Heavy rainfall since 1st July has destructed many buildings in Mumbai.

By Abhay Shah, Realty Quarter There have been 22 deaths and 78 injuries in the wall collapsing event in Malad, Mumbai, which was paralyzed by incessant rain for the third day in a row. BMC Commissioner, Ashwini Joshi said the Malad wall collapse will be investigated and any official found guilty will be punished. In […]

Heavy rainfall since 1st July has destructed many buildings in Mumbai.more

Finance Minister announces Housing Loan Insurance.

July 3, 2019

By Abhay Shah, Realty Quarter The Insurance Regulatory and Development Authority of India (IRDAI) have notified the Lok Sabha on Monday, that the public sector insurer LIC of India and a few of the private sector insurers have launched housing loans insurance. Union Minister of Finance and Corporate Affairs Nirmala Sitharaman, replied in writing to […]

Finance Minister announces Housing Loan Insurance.more

Things to know before transferring a property by Gift Deed or a Will.

By Abhay Shah, Realty Quarter Property transfer via a GIFT: When you want to pass a property so that the donee instantly enjoys the property, you can do this through a gift. Until you are qualified to contract, you can gift to anyone a self-acquired property in compliance with the Indian Contract Act. Anyone who is sound […]

Things to know before transferring a property by Gift Deed or a Will.more

Eligibility criteria to get PMAY interest subsidy on Home Loans.

July 2, 2019

By Abhay Shah, Realty Quarter There was no proposal from the government to increase the amount provided under the Pradhan Mantri Awas Yojana (PMAY), Narendra Singh Tomar (Minister for rural development, reported the Rajya Sabha on 28 June 2019. “We lately restructured this system, and we supply Rs.1.5 lakhs to build each house. No suggestion […]

Eligibility criteria to get PMAY interest subsidy on Home Loans.more

Anil Ambani aims at selling or leasing its Mumbai HQ.

By Abhay Shah, Realty Quarter Businessman Anil Ambani speaks to a global group of private equity firms, including Blackstone and another United States-based fund, to either sell his headquarters in the financial capital or to lease out on a long-term basis, said three people familiar with the development. They said, however, that the site is also […]

Anil Ambani aims at selling or leasing its Mumbai HQ.more

Why an individual should get a credit report before purchasing a property?

July 1, 2019

By Abhay Shah, Realty Quarter It is essential for you to have enough funds available when you purchase a property or book property. These liquid assets may be held in the form of Bank Balance or Investments in Stocks or Mutual Funds. If you don’t have liquidity when you purchase the property, you should be […]

Why an individual should get a credit report before purchasing a property?more

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

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

The Godrej group rejected dispute with the family regarding land ownership.

June 29, 2019

By Abhay Shah, Realty Quarter On Thursday, the Godrej Group denied any family dispute and sought to overcome the supposed rift over land ownership by saying that they discuss ways of considering long-term strategic options. In a statement a day after reports came out of the family that designates external advisers for untangling agreements on […]

The Godrej group rejected dispute with the family regarding land ownership.more

Tag: realty quarter

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