World’s largest service residence operator, Ascott has decided to introduce its luxury brand in India. The Singapore-based firm has already entered Indian market two years back with its brand name Citadines and Somerset.The company will be coming-up with its first…
Nashik: When a developers needs to get the projects sanctioned from the state government then apart from usual procedure, they also have to pay one percent of the total project cost in the name of labour cess. CREDAI Nashik has…
Chandigarh: The government of Punjab is planning to provide affordable homes to the citizens of this state. Therefore the government has framed policy for mega housing projects. An official representative of the town and country planning department announced yesterday.According to…
Aurangabad: In a move to imitate the Mumbai model of property tax system, as per the suggestion of the state government, the Aurangabad Municipal Corporation (AMC) is conceptualizing to introduce the new capital value-based property tax system in the city.…
Mumbai: The government of India has recently passed the housing regulatory bill to bring transparency in the functioning of Indian real estate. Jones Lang LaSalle (JLL), real estate consultancy firm has said that the transparency of bill invites many challenges…
Chandigarh: Real estate in Haryana can just take a step back as the government is planning on imposing value added tax (VAT) on developers, promoters and builders of the state. The implementation of the tax has been brought about by…
New Delhi: Most things in a country’s economy are closely linked to each other. Real estate is dependent on the economy of the country and demand for construction materials is dependent on the growth of the real estate sector. Major…
Mumbai: The Reserve Bank of India has decided to soften the norms for builders and developers building affordable/low-cost houses through External Commercial Borrowing (ECB). Developers and builders offering affordable houses can avail overseas loans with softer norms compared to other…
Mumbai: Districts including Satara, Sangli and Kolhapur fall along the Mumbai-Bangalore Industrial corridor and in few years when the industries will multiply in all these locations, a major economic transformation is anticipated. As NH 4 passes through these districts of…
Pune: The Pune Municipal Corporation (PMC) has decided to collect a fine from the people who were unable to pay their property taxes on time. The PMC will collect 2 per cent fine on the property tax dues starting from…
