GST
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 »
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 »
During the course of an Assocham event held in New Delhi on Wednesday, Warehousing Development and Regulatory Authority (WDRA) Chairman Dinesh Rai said that the cost of land is one of the main constraints for the warehousing sector in India. Asserting that other logistic costs are also significant for India’s unorganized warehousing sector, Rai said it is pertinent [...] Continue Reading »
The entire country, the industry heads, the infrastructure and real estate industries has a lot of expectations from the maiden budget of the NDA government which is expected to set the roadmap for growth and economy in the nation. Hemant Kanoria, Chairman and Managing Director of Srei Infrastructure Finance Ltd urged the Prime Minister Narendra Modi-led [...] Continue Reading »
Chennai- The Grand Southern Trunk (GST) road or National Highway 45 (NH-45) in South Chennai is a 472 km stretch which is evolving into a prime realty market. It has gained popularity due to integrated developments, SEZs and good connectivity to other parts of the city. Overview GST road starts from Kathipara junction in Guindy [...] Continue Reading »
Chennai- A group of residents of Sadhanandapuram-Aalapakkam near Tambaram has requested the District Administration to make some changes in the plan for the proposed Tambaram East bypass road project. They submitted a memorandum stating that the project would affect more than 200 houses in Sadhanandapuram-Alapakkam coming under Nedungundram village panchayat in Chengalpattu taluk. The majority [...] Continue Reading »
Property consultants Jones Lang LaSalle reported that the demand for residential units in and around Chennai has remained stable in the third quarter of current year. Around 5,600 units have been absorbed in the quarter when compared to some 5,550 units in April-June 2012 quarter. The growth corridors like OMR and GST have continued to remain [...] Continue Reading »
