The taxation on property purchase, has become much simpler than it was before. With the roll-out of the Goods and Services Tax (GST), several taxes previously applicable on real estate purchase (VAT, service tax, … READ FULL STORY
Mumbai’s Development Control and Promotion Regulation 2034 (DCPR 2034) is a blueprint for the growth of the city, in terms of improving infrastructure facilities, easing construction bottlenecks and addressing issues like redevelopment and slum … READ FULL STORY
As part of a move aimed at creating a safe zone for pedestrians and reducing road accidents, the Chhatrapati Shivaji Maharaj Terminus junction in south Mumbai will have walking and resting zones in the … READ FULL STORY
Up to Rs 65,000 crores has been approved for a host of rail infrastructure projects on the suburban network in Mumbai and its surrounding areas, said railway minister Piyush Goyal, on November 11, 2018. … READ FULL STORY
The Supreme Court, on October 10, 2018, came down heavily on Maharashtra’s Slum Rehabilitation Authority (SRA) for trying to ‘shrug off’ its responsibility, in ensuring compliance of an Act meant for the welfare of … READ FULL STORY
The Bombay High Court, on September 25, 2018, said it was unfortunate that arterial roads and highways across Maharashtra continued to remain riddled with potholes year after year and asked why the state government … READ FULL STORY
On the back of critical policy reforms like demonetisation, the Real Estate (Regulation and Development) Act (RERA) and the Goods and Services Tax (GST), 2018 is seeing both, sales and new supply picking up, … READ FULL STORY
Companies from Russia, China and Japan have evinced interest in investing Rs 1,250 crores, in setting up their facilities at Aurangabad Industrial City (AURIC) in Maharashtra, a top government official said, on September 9, … READ FULL STORY
Maharashtra opposition party, NCP, on September 6, 2018, said that it would move the court, if the appointment of Prashant Thakur, a BJP MLA from Panvel, as City and Industrial Development Corporation (CIDCO) chairman, … READ FULL STORY
The stay on construction activities in Maharashtra, Madhya Pradesh, Uttarakhand and Chandigarh by the Supreme Court, may impact the delivery timelines of housing and infrastructure projects, according to a report. The real estate sector … READ FULL STORY
As per the provisions of the Maharashtra Cooperative Societies Act 1960, cooperative housing societies in the state have to invest their surplus funds that are not required. Also, the rules covering the products in … READ FULL STORY
Pune, Navi Mumbai and Greater Mumbai from Maharashtra, were ranked India’s three most livable places on the government’s inaugural ‘Ease of Living Index’, which was released on August 13, 2018. The national capital came … READ FULL STORY
A single bench of the Bombay High Court, of justice Shalini Phansalkar Joshi, held that the Real Estate Regulatory Authority had the jurisdiction to hear and decide complaints, of people seeking compensation for delay … READ FULL STORY
