State Bank of India (SBI) has initiated insolvency proceedings against Jaiprakash Associates in the bankruptcy court over a loan default of Rs 6,893 crore. The move by SBI comes over five years after the … READ FULL STORY
The Pune property tax is one of the largest sources of revenue for the Pune Municipal Corporation. There are more than 10 lakh properties, under the Pune Municipal Corporation, that have to pay the … READ FULL STORY
An eco-friendly home is an environmentally friendly home that minimises its impact on the environment. This can be achieved by using renewable energy sources, minimising the amount of waste produced, and recycling as much … READ FULL STORY
Xanadu Realty has partnered with Raheja Universal to work on the marketing and sales front for a new phase of the Raheja Exotica project at Versova Island (Madh). Ekta Rahul Raheja said, “As Marketing … READ FULL STORY
Real estate continues to be the preferred asset class for investment and nearly 50 per cent of prospective customers are expecting prices to rise in coming months due to strong demand during festive season, … READ FULL STORY
An unregistered agreement to sell is not admissible as evidence in a permanent injunction suit, the Supreme Court has ruled. In an order delivered on September 23, 2022, the apex court said that such … READ FULL STORY
Over 11,000 flats across embattled Amrapali Group’s various housing projects will be delivered within two to three months, the Supreme Court was informed on September 23, 2022. Of this over 5,000 units are likely … READ FULL STORY
Gone are the days when landlords and tenants in big cities had to visit notary offices, for drafting rent agreements. Now, with various platforms allowing facilities to create rent agreements online, landlords and … READ FULL STORY
After Andhra bifurcation, Hyderabad has seen large scale developments that make it a perfect place for people to work and to live. Finding employment is anyhow not difficult in this city also known as … READ FULL STORY
E Sampada online portal To provide affordable accommodation to people employed in service of the government of India or the NCT Delhi, the Directorate of Estates and Central Public Works Department (CPWD) maintains General … READ FULL STORY
Why does India’s real estate sector go through a complete lull during the 15 days of Pitra Paksha throughout the country? Is there a written rule prohibiting property investments? Or, is it one of … READ FULL STORY
The draft Delhi Master Plan-2041 (MPD-2041) is likely to be notified by April 2023, the Delhi Development Authority (DDA) has told the Supreme Court. Before that, the MPD-2041will be placed before Delhi Development Authority’s … READ FULL STORY
The order by the Karnataka AAR follows a circular issued by the Central Board of Indirect Taxes and Customs (CBIC) on August 3, 2022, which said plot sale does not attract GST even if … READ FULL STORY
