Projects
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 »
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 »
Providing relief to lakhs of homebuyers, FM Nirmala Sitharaman announced an alternative investment fund of Rs 25 crore to help the real estate sector for 1,600 stalled housing projects covering 4.58 lakh units. Government’s aim to give incentive to the real estate market to improve. The decision was approved by the Union Cabinet at a [...] 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 »
The National Green Tribunal (NGT) has imposed an interim penalty of Rs 22.5 crore on 6-builders in Haryana’s Sonipat area for breaking environmental laws. As per NGT, violations are of serious nature and the compensation must have a precautionary look. The Green Tribunal imposed environment compensation of Rs 10 crore on TDI Infrastructure Ltd for [...] Continue Reading »
Mahindra Lifespace launched Mahindra Luminare Solaris, the next phase of Mahindra Luminare in Gurgaon. Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has launched Luminare Solaris at Sector 59, Golf Course Extn. Rd in Gurgaon. The newly launched phase will offer a choice of 120 luxurious 3 [...] Continue Reading »
Mumbai-based Godrej Group launched Godrej The Trees in Vikhroli East, Mumbai. The project is spread across over 35 acres and carefully choreographs a robust program of residential, retail, hotel, and commercial uses. Each Residential tower offers unique views while the landscape connects the entire cluster through a series of courts programmed with generous amenities at [...] Continue Reading »
Signature Global Group, launched Signature Global Grand Iva an affordable housing project under ‘Haryana government’s affordable housing policy 2013’. The project is located on Dwarka expressway in sector 103 Gurgaon. The apartments will be allotted by draw of lots. The project offers 1158 apartments of 1 and 2 bhk at affordable price. The project is [...] Continue Reading »
Shapoorji Pallonji Real Estate, marks its foray into the Bengaluru market with its residential project Parkwest in Bangalore. The project offers 2 and 3 BHK, garden duplexes and penthouses of size ranging 1245 sqft to 2921 sqft. The project is spread across sprawling 47 acres landmark destination with lush greenery and ample open spaces is [...] Continue Reading »
Ahuja Construction, a division of the Ahuja Group, launched its new project Ahuja O2 in Sion Mumbai. The project offers 2, 2.5 & 3 BHK apartments of size 1045 sqft, 1295 sqft and 1600 sqft respectively. It consist of ground plus 18 floor height with 6 towers. The project is located at easily accessible to [...] Continue Reading »
