Mutation of property is done only for fiscal purposes and it has no impact on the validity of property’s ownership title, the Uttarakhand High Court (HC) has ruled. “It only enables the person in … READ FULL STORY
Owners who have rented their property to educational institutes registered under Section 122A of the income tax law, are liable to pay 18% GST on their rental income, the Authority of Advance Rulings – … READ FULL STORY
The Delhi Bench of the National Company Law Tribunal (NCLT), on September 20, 2022, admitted a petition to initiate insolvency proceedings against Noida-based Ajnara India Ltd. The plea has been filed by 128 home … READ FULL STORY
The Maharashtra government has started property e-registrations and is, reportedly, all set to introduce blockchain. Therefore, it is important to understand what blockchain is and its future in real estate. What is blockchain? … READ FULL STORY
In a bid to improvise speedy decision making and decentralize the process, the Maha government has cancelled all government resolutions issued by the previous Maharashtra government related to redevelopment of MHADA buildings. Previously, for … READ FULL STORY
Ocean Lifespaces India has bagged the contract to complete 6 lakh square foot of industrial structure for Dubai-based port and logistics Group DP World in Chennai, the EPC firm said in a statement. Commenting on the development, … READ FULL STORY
MahaRERA, has passed an order stating that a developer can de-register a residential project if he is unable to develop it as the RERA Act has no provision to force completion of a project … READ FULL STORY
If a buyer cancels his flat booking due to delay in project completion, what is the likely scenario that would unfold? Will he get all his money back? If yes, what about the loan … READ FULL STORY
The National Real Estate Development Council (NAREDCO) Maharashtra has announced the launch of ‘Homethon Property Expo’, a three-day real estate exhibition that is expected to bring together over 150 developers and housing finance companies … READ FULL STORY
Business accelerator firm Xanadu Realty has partnered with Mayfair Housing to launch two new 1,500-unit clusters of Mayfair Virar gardens, the real estate developer’s largest township development in Mumbai’s Virar. A 5-minute drive from … READ FULL STORY
Ignatius Navil Noronha, CEO of Avenue Supermarts that owns DMart and his wife Kajal Noronha have invested in two super premium apartments in Rustomjee Seasons in Bandra for over Rs 66.25 crores. Ignatius Navil … READ FULL STORY
National Logistics Policy: Launch date Prime Minister Narendra Modi on September 17, 2022 launched the National Logistics Policy in New Delhi that will bring an end to the silo system and bring all departments … READ FULL STORY
If all goes according to the plan, citizens in Noida will soon be able to register rent agreements entirely online. The move is aimed at simplifying the lease registration for a city where more … READ FULL STORY
