E-registration of properties to commence from Oct 2: Maharashtra revenue minister – ET Realty “The registration department is ready with the software and the process will be officially rolled out from October 2. This will be for Rera-registered builders who will be given the software by the department after due checks. PUNE : State revenue […]
Author Archives: Jogin Valson
07
Sep
Sep
Home buyers’ body seeks withdrawal of extended construction timelines – ET Realty The Forum for People’s Collective Efforts (FPCE) has written to Housing and Urban Affairs Secretary Durga Shanker Mishra, demanding that the Centre should intervene in this matter and direct these three states to roll back their decisions. NEW DELHI: Homebuyers’ body FPCE has strongly objected […]
05
Sep
Sep
GST (Goods & Service Tax) GST is applicable only on Commercial Property only if the Landlord/owner comes in the ambit of GST TDS (Tax Deducted at Sources) In order to bring the high rental income group within the ambit of tax, the government in the Budget 2017 inserted a new Section – 194IB. The TDS […]
27
Aug
Aug
Every region charges different brokerages as per the work. The Below brokerage fees are in Mumbai Region for Resale & Rental In SALE/PURCHASE of a Property A) where we act on behalf of both the buyer and seller, commission at the rate of 1% shall be paid by each party B) where we act on […]
Real Estate News
Mahindra Lifespace goes aggressive in buying land parcels for new projects – Business Standard
23
Jul
Jul
Mahindra Lifespace goes aggressive in buying land parcels for new projects – Business Standard Mahindra Lifespace Developers, the real estate company of the Mahindra group, is changing gear after it lagged behind peers such as Godrej Properties and Prestige Estates Projects as they expanded aggressively in the last decade. The company is looking to invest […]
Real Estate News
Nashik: MahaRERA says no registration needed as building already complete – ET Realty
16
Jul
Jul
Nashik: MahaRERA says no registration needed as building already complete – ET Realty The MahaRERA in its order noted that physical possession was handed over to the complainant, at Ashok Astoria township project in Nashik, comprising building and row houses and it cannot be called an ‘ongoing project’. MUMBAI: The Maharashtra Real Estate Regulatory Authority last week […]
Real Estate News
More people invest in residential properties; 85% of houses under construction for 2021 booked | Financial Express
10
Jul
Jul
More people invest in residential properties; 85% of houses under construction for 2021 booked | Financial Express The current situation involving work from home culture has created demand for large sized apartments. This, in addition to cheaper housing, and perception of bottoming real estate prices are now driving the demand for residential real estate. With […]
30
Jun
Jun
Has insolvency and bankruptcy law failed homebuyers? – ET Realty Five years after the Insolvency & Bankruptcy Code (IBC) was notified, only eight resolution plans for real estate sector have been approved although some 205 cases had been admitted until March 2021, Insolvency & Bankruptcy Board of India data showed. NEW DELHI: Four years ago, […]
30
Jun
Jun
Shriram Properties aims to launch Rs 800 crore-IPO before end of August – ET Realty As per the DRHP, the company proposes to raise up to Rs 800 crore through the IPO, comprising Rs 250 crore through fresh issue of equity shares and Rs 550 crore through offer for sale. NEW DELHI: Bengaluru-based Shriram Properties is likely […]
25
Jun
Jun
Need to promote construction of green buildings in India: Government | ET Realty Addresing a webinar, Surendra Kumar Bagde, Additional Secretary, Ministry of Housing and Urban Affairs, stressed that a campaign should be run to spread awareness about the marginal cost difference between green and conventional buildings. NEW DELHI: The development of green buildings should be promoted […]