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Realty News

Chennai: Self-supporting residential township to be developed in Kadambur

Chennai: Self-supporting residential township to be developed in Kadambur
Tamil Nadu Chief Minister J Jayalalithaa said in a Tuesday announcement that the government has plans underway to develop a new self-supporting residential township in Kadambur near Maraimalai Nagar in suburban Chennai. Kadambur is located at a distance of 50km from Chennai; and is in close proximity to Maraimalai Nagar which has emerged as a [...] Continue Reading »

Single window industrial policy for Telengana

Single window industrial policy for Telengana
The government of Telengana is busy in giving the process of the new single window clearance industrial policy a final touch. The new facility will be inaugurated very soon, the chief minister Chandrasekhar Rao stated. The main agenda of the facility is zero corruption and the policy will be monitored by a special cell which [...] Continue Reading »

E-governance model to come up in Noida

E-governance model to come up in Noida
The union budget this year has stressed on improving the cities with upgraded technologies. We have also seen the setting aside of an amount for the building of 100 smart cities which is being termed as the dream of the Prime Minister, Narendra Modi. Recently many cities including the National Capital Region is upgrading their [...] Continue Reading »

Real estate to benefit from FDI groups

Real estate to benefit from FDI groups
The easing of the already built up region and the requirements of capital for real estate projects backed by FDI is probably going to start a new rush in the projects and help them bringing up closer to the city limits. Initially the real estate business was lacking behind due to no former development scheme. [...] Continue Reading »

Development in the housing sector

Development in the housing sector
The government of Tamil Nadu has recently proposed a number of residential projects which include layouts, apartments and some slum development initiatives which will help in improving the supply of houses for people with lower and middle incomes. The chief minister of Tamil Nadu, Jayalalitha in a recent statement in the Assembly stated that modern [...] Continue Reading »

“The Silk Road Discovered” takes about coming of Chinese FDI into India and more

“The Silk Road Discovered” takes about coming of Chinese FDI into India and more
A book states, that the Chinese FDI coming into India, can touch the USD 30 billion by 2025. The book named “The Silk Road Discovered” states that it is very much possible that within 2025, the stock of Chinese FDI into India could be around USD 30 billion, and if clustered Chinese industries come to [...] Continue Reading »

GAAR to be levied from March 2015

GAAR to be levied from March 2015
A government official stated that the government is still in dilemma on whether the much controversial general anti-avoidance tax law or GAAR should be started as scheduled and whether they have enough time to review it. Shaktikanta Das, the revenue secretary said during a post budget interaction along with an industrial body CII that, in [...] Continue Reading »

GAAR should be implemented post review: Shaktikanta Das

GAAR should be implemented post review: Shaktikanta Das
The government is yet to decide on whether the controversial general anti-avoidance tax law GAAR should be implemented as scheduled or not. They have enough time to review that, and should look into all the aspects before taking the final call. The Revenue Secretary Shaktikanta Das mentioned in a post-Budget interaction with industry body CII (Confederation [...] Continue Reading »

Real estate industry welcomes RERA: expect some changes in the bill

Real estate industry welcomes RERA: expect some changes in the bill
Realtors in Noida have welcomed the Centre’s move to make it mandatory for real estate agents to get themselves registered with the proposed real estate regulatory authority (RERA) and obtain a licence before starting business. This is a surprising move as we had expected a lot of opposition from them. However the builders feel that [...] Continue Reading »

The government plans to bring property dealers, agents and developers under RERA

The government plans to bring property dealers, agents and developers under RERA
The Centre is planning to make it mandatory for real estate agents to get themselves registered with the proposed real estate regulatory authority (Rera). In the past few years there have been many incidents where property buyers have got duped by agents and brokers and have lost huge sums of money and in many cases [...] Continue Reading »



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