Infrastructure
Tax department wants realtors to reverse transition credit MUMBAI | NEW DELHI: Real estate players that had commenced taxes paid following more advanced tax administration upon their Goods and Services Tax (GST) mortgages have begun collecting tax demands from the secondary tax department. The tax department requires real estate developers to modify the credit demanded as development credit [...] Continue Reading »
NEW DELHI: South Delhi Municipal Corporation has begun a unique drive to penalize violators discharging construction and demolition trash in the public throughout the night. On Wednesday, administrators from the civic means grabbed five such insolvents and yielded their circumstances with the Delhi Pollution Control Committee. “Despite clearly considering the situations where somebody can [...] Continue Reading »
JAIPUR: Jaipur Municipal Corporation (JMC) is conspiring to inflict a tax on all commercial properties irrespective of its volume. JMC officials had granted a recommendation to the state government to embrace commercial buildings more petite than 100 square yards in the taxable division. If the proposal is affirmed, then houses practicing its propositions for repaying guests, hostels and guesthouses [...] Continue Reading »
MUMBAI: The Supreme Court has addressed the central environment ministry to acknowledge a regularization statement registered by Adarsh Cooperative Housing Society in Mumbai following the most advanced 2018 announcement that agreements with installations in coastal zone regulation (CRZ) regions. The applications registered by the society against the April 2016 order of annihilation relinquished by the Bombay [...] Continue Reading »
The state govt of Kerala has issued a revised administrative sanction for the completion of basic infrastructure works at Muttathara fishermen residential colony. It is first of its kind large-scale housing scheme executed for fishermen families unsafe to sea erosion in the district. The total amount funded by Kerala Govt for the necessary infrastructure stood [...] Continue Reading »
KOLKATA: From now on, the owner of a thika tenancy land in the city will be considered as the leaseholder and the resident as the administrator. The civic body has begun the procedure of prefacing the system that will provide further identification to the owners as strong as the tenants of all thika tenancy lands, KM mayor Firhad [...] Continue Reading »
VIJAYAWADA: Obtaining land for the affordable housing project is demonstrating to be a huge objection for the Vijayawada Municipal Corporation (VMC). While it has previously zeroed in around 500 acres, the civic body requires to obtain 200 acres more extra to build 70,000 affordable homes in the city. However, tenants of nagara Panchayat encircling the city are not especially [...] Continue Reading »
Property developers in the Delhi-NCR region are partnering financially strong developers from the country’s South and West to restart stuck realty projects in the backdrop of a constant cash crisis, the powerful Real Estate Regulatory Act (RERA), and the warning of being taken to the National Company Law Tribunal (NCLT). Financially sound companies like Godrej Properties, Prestige Group, and Kalpataru [...] Continue Reading »
The 48th meeting of the Central Sanctioning and Monitoring Committee (CSMC) under Pradhan Mantri Awas Yojana (Urban) on Friday has approved 371 recommendations from participating states and Union Territories for construction of 2,31,532 lakh houses with an overall investment of Rs 7,322 crore including central help of Rs 3,473 Cr. A total of 7-states/UTs participated [...] Continue Reading »
With officials issuing Rs 800 crores for this purpose, construction activity on the Delhi Metro Phase-IV is expected to begin in December this year. The construction work may initially origin on the Janakpuri-RK Ashram route, the highest corridor following this period. Tenders will be quickly drifted for two different Aerocity-Tughlaqabad, priority corridors, and Majlis Park-Maujpur. DMRC beings Work [...] Continue Reading »
