The Rajasthan government has decided not to charge stamp duty on transfer of immovable property from a husband to his wife as a gift, according to an official statement. Till now, 1 per cent … READ FULL STORY
On May 1, 2017, all 92 provisions of the Real Estate (Regulation and Development) Act, 2016 (RERA or the Act) were brought into force. The Act has introduced new obligations on real estate developers … READ FULL STORY
The centre was examining a proposal from the Uttar Pradesh government for inclusion of four districts – Mathura, Saharanpur, Aligarh and Bijnor – in the National Capital Region (NCR), housing and urban affairs minister … READ FULL STORY
The Real Estate (Regulation and Development) Act, 2016 (RERA), which came into force on May 1, 2017, was a historic moment for the real estate industry, which was previously characterised by the lack of … READ FULL STORY
With the Real Estate (Regulation and Development) Act (RERA) and other reforms coming into force, developers are rushing to complete partially completed projects and obtain their completion certificates, to avoid falling under the purview … READ FULL STORY
With the deadline of July 31, 2017, for mandatory registration of ongoing projects under the real estate rules, ending, 23 states and union territories (UTs) have either established their permanent or interim regulatory authorities … READ FULL STORY
Infrastructure developments and large projects, such as industrial corridors or IT hubs, tend to augur well for the real estate market in the area. The Delhi-Mumbai industrial corridor (DMIC) announced by the government of … READ FULL STORY
The initial euphoria generated after the notification of the Real Estate (Regulation & Development) Act (RERA), on May 1, 2016, is now waning, with increasing doubts over its effectiveness in protecting the consumers’ interests. … READ FULL STORY
In the 2016-17 union budget, the government introduced several measures to boost affordable housing. Among the significant ones, it provided 100% tax exemption on profits, for developers building homes up to 30 sq meters … READ FULL STORY
The industrial hub of Rajasthan, Bhiwadi is situated at a distance of 65 kilometres from New Delhi. It forms a part of the NCR and thus, enjoys proximity to areas of Jaipur which is … READ FULL STORY
“When I was explaining to a client that the Delhi-Mumbai Industrial Corridor (DMIC), would change the urban landscape of Bhiwadi, he reminded me that Rewari (a junction point in the DMIC), was 25 kms … READ FULL STORY
