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Jamshedpur

Service tax of Rs 3 crore recovered from builder

Service tax of Rs 3 crore recovered from builder
Jamshedpur – An amount of Rs 3 crore has been recovered as service tax from a builder in Jamshedpur. The central excise officials recovered this amount from eight offices of the builder in Bihar and Jharkhand. The builder was evading the service tax amount from past two years. The officials of the director general central [...] Continue Reading »

Builders demand protection from regulatory bill

Builders demand protection from regulatory bill
Jamshedpur- The recent proposal of the regulatory bill which aims at protecting the rights of the prospective realty buyers has received varied responses. The bill was introduced by the Union urban development minister Ajay Maken and will be presented in the upcoming Budget session of the Parliament. The budget which has received mixed responses from the industry players [...] Continue Reading »

Housing project for elderly people in Gujarat

Housing project for elderly people in Gujarat
The Ashiana Housing, a Delhi based realty firm recently entered into an agreement with a land owner to develop a housing project for elderly people in Gujarat. The housing project is estimated to cost Rs 60 crore comprising of 500 housing units under the project at Halol in Gujarat. With this housing project Ashiana has [...] Continue Reading »

Inflation Negative Impact on Real Estate Prices

Inflation Negative Impact on Real Estate Prices
In Jamshedpur, Vishal Gupta the  managing director of Ashiana Housing Ltd a mid-level builder reported saying that the July figures were quite impressive with 1.65 lakh sq ft area that was booked though they were in the apprehension that they would not meet the expected financial figure this year and also falling finanacial year because of the [...] Continue Reading »



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