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joint development properties

Joint development fee cut to benefit developers and consumers

Joint development fee cut to benefit developers and consumers
The state government is planning to cut the cost of formalizing joint development agreement to a mere Rs 200, which is expected to benefit consumers as developers will pass on the cost benefits to them. In order to keep builders happy, the government has removed the one percent fee clause imposed on joint development agreement and related power [...] Continue Reading »

Joint development properties to become cheaper

Joint development properties to become cheaper
The revenue taxes for the commercial, excise and motor vehicles departments have been hiked by the government. An additional Rs 6, 850 crore is to create from this three departments and further a sum of Rs 900 crore is expected from the stamps and registration department, and the total revenue to be mobilized will touch [...] Continue Reading »



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