Real estate in India
Frustrated accomplished a three-year suspension of the handover of flats, homebuyers of ILD Grand in Sector 37C on December 18 addressed the Haryana Rera (H-Rera) office to oppose the developer. The buyers testified that the project was originated on a 5-acre land in 2011 and the builder had pledged to give dependency by 2016. But [...] Continue Reading »
AURANGABAD: The civic body, supporting recently appointed municipal commissioner Astik Kumar Pandey is expected to originate an uncompromising tax recovery drive. Anticipating a statement to this conclusion, corporator and others have endeavored an amnesty scheme for tax defaulters. Several citizens also understand that huge defaulters should initial be demanded to clear their dues before the commoners are targeted. The [...] Continue Reading »
KOCHI: Maradu municipality is expected to obliterate two illegitimate apartment associations – Jains Coral Cove and Golden Kayaloram – on January 11 as upon the more initial settlement to obliterate the two buildings on January 12. It was initially chosen to obliterate Holy Faith H2O and Alfa Serene on January 11 and the additional two buildings [...] Continue Reading »
PUNE: The civic body will abandon tax on property maintained by unfavorably-abled residents. A recommendation for this consequence has been postponed before the standing representative committee of Pune Municipal Corporation. The move is aimed at making life easier for differently-abled people and also spreading awareness about the issues faced by them. The exemption will cover [...] Continue Reading »
NEW DELHI: Allowing a fund crunch with unadventurous buyers so incomparably paying up Rs 103 crore out of their dues of Rs 3,600 crore and NBCC denying to invest money, the Supreme Court on Monday ordered the Centre to analyze using its force fund for construction of grounded Amrapali house installation projects. A bench of [...] Continue Reading »
HYDERABAD: The Greater Hyderabad Municipal Corporation (GHMC) has decided that builders neglect essential safety measures so as obstructing under-construction sites, installing dust Screens and safety measures for employees throughout a special drive. Of the 445 buildings inspected in 3 days, it had been found 195 under-construction buildings were being built in violation of safety norms. The rules being ridiculed were those concerning [...] Continue Reading »
Punjab government extends the deadline to pay property tax by three months CHANDIGARH: The Punjab government on Thursday declared a three-month continuation in the deadline proclaimed to pay the outstanding house tax or property tax outwardly without any penalty. In a press report, local bodies minister Brahm Mohindra stated that the government had resolved to partly exclude a class of [...] Continue Reading »
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 »
BENGALURU: The industrial society for real estate, the Confederation of Real Estate Developers’ Associations of India (Credai), has driven the Karnataka government for a specific unit to revive the division. Credai-Karnataka has prompted the state to do continue with the No Objection Certificates (NOCs) for program penalty, in sequence to mark down the time missed [...] Continue Reading »
CommonFloor compared the apartments launched from 2010 to 2014 in its report “Reducing Apartment Sizes Across Major Metros – A Report” and inferred that apartments sizes have reduced in the last four years. While MMR witnessed a fall of almost 7 per cent during 2011 and 12.4 per cent in 2013, NCR witnessed a fall [...] Continue Reading »
