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
Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, on January 3, 2019, announced that its wholly-owned subsidiary company Deep Mangal Developers Private Limited, has signed an … READ FULL STORY
The Maharashtra cabinet, on December 27, 2018, gave its nod for the Rs 949-crore Kasarvadavali-Gaikmukh Metro route (Metro 4A), which will cut the travel time between south Mumbai and neighbouring Thane city. The cabinet … READ FULL STORY
Maharashtra chief minister Devendra Fadnavis, has announced conversion benefits for allotment of CIDCO houses and commercial plots, from leasehold to freehold, so that people can own their properties. The demand was made by public … 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
About 24 per cent of the total water supply in Mumbai is unmetered and it is more than the national average of 15 per cent, the Maharashtra government has told the state legislative assembly. … READ FULL STORY
Update on March 12, 2019: The government of Maharashtra, on March 1, 2019, announced an amnesty scheme with respect to the penalty that can be levied for insufficient payment of stamp duty made in the … 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
Around 2.75 lakh beneficiaries have availed of the subsidy scheme under the Pradhan Mantri Awas Yojana (Urban), with Gujarat topping the chart, the government said, on November 28, 2018. Maharashtra and Madhya Pradesh had … READ FULL STORY
Jawaharlal Nehru Port Trust’s Special Economic Zone (SEZ) is expecting to rake in Rs 900-1,000 crores, from the auction of a 300-acre land parcel meant for industrial area, a top official has said. 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 12-km Nerul-Seawoods Darave-Belapur-Kharkopar corridor in Navi Mumbai, was commissioned by railway minister Piyush Goyal, along with Maharashtra chief minister Devendra Fadnavis, on November 11, 2018. This is the first phase of the 27-km … READ FULL STORY
The Housing and Urban Affairs Ministry, on October 30, 2018, approved the construction of nearly 2.15 lakh affordable houses for the poor in six states, under the Pradhan Mantri Awas Yojana (Urban). According to … READ FULL STORY
