Q:The directorate of town planning, Pune, has initiated the process to call suggestions and objections regarding the rules made public in November last year
Latest Answer: Because of this issue, the state government has proposed many changes such as sharing revenue of the premium charged and use of transfer development rights (TDR) for plots with road width more than 9m. Dhananjay Khot, additional director of town planning in the Kolhapur Municipal Corporation told that the civic bodies such as the KMC are totally dependent on the revenue generated through the premiums charged to builders and therefore, the clause should be withdrawn.
Latest Answer: That is the main reason why environmentalists have welcomed this move. But real estate developers are saying that following the new rules should not pose any technical challenge but will increase the cost of construction. Who will make them understand they only think about the different sources to earn money.
Latest Answer: Hi folks,
If i am not wrong then i think that our Finance Minister should announce a specific date for the implementation of GST. This major reform will give the industry a very clear taxation structure and induce a major sea change for the logistics architecture, since logistics will be driven by cost and not by a regulatory system.
Q:Real estate companies in top metros have told that local government bodies should approve building plans only after the project has been granted environment clearance.
Latest Answer: Hi all,
Most projects in Mumbai must abide by norms regarding coastal regulatory zones, while some urban locations need to follow forest-related regulations.
Q:Confederation of Real Estate Developers Association of India has started skills training program for construction workers across the country in line with the Pradhan Mantri Kaushal Vikas Yojana.
Latest Answer: Hi all,
Those who not aware of this programme, i would like to tell them that PMKVY is the flagship scheme for skill training of youth, implemented by the new Ministry of Skill Development and Entrepreneurship through the National Skill Development Corporation (NSDC).
Latest Answer: Right Ankur,.
You should invest in GOVT PPF, NPS, or Mutual Funds, which also generate decent returns and which are regulated by SEBI / RBI. But most of the builders/developers are not registered by SEBI/RBI.
Latest Answer: Hi all,
My question is why are thousands of properties in the city without Building Completion Certificates (BCCs)? What is Credai Nashik doing for it?
Latest Answer: Yes, the state govt. is also wants to simplify the labour laws and plans to bring four bills in the parliament. CREDAI also insisted that duplication of taxes in form of labour cess as well as imposition of PF/ESI should be removed.
Latest Answer: Whereas, developers want ease of doing business. Approvals are too much which cause project delay. They want single window approval and simplification of tax. Out of the total property cost, about Rs 350/sq-ft goes into taxation.
Q:The whole real estate sector is passing through a phase of recession for the past 4 yrs and the Nashik's real estate sector is not exception to this.
Latest Answer: No, you can't say that this is the only. Apart from that they are inviting selected 100 real estate brokers in Mumbai. The objective is to attract customers from Mumbai, who are willing buying flats in Nashik. In Nashik too, they are inviting select 100 brokers for B2B. The city builders will hold one to one meeting with the brokers during the B2B.