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Latest News

Rental income of property over 20 lacs under GST ambit

Defying all the presumptions, residential rental income has been kept out of Goods & Service Tax (GST) ambit. But not if the residential property in Delhi NCR is rented for commercial use

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GST effect soon to be clear fully about ready to move apartments

New Delhi: In the shadow of GST, builders and brokers speculate the real estate sale to be generally slow, until the time the real estate developers do not arrive at the actual tax impact of the

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‘Fight for RERA’ wants March 10 to commemorate as ‘Homebuyer’s day’

The battle for the rights of homebuyers by ‘Fight for RERA’ group is aimed to provide more power to the homebuyers. They want March 10 to be commemorated as the ‘Homebuyer’s Day’. 

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Investors in projects along Dwarka Expressway are going to get back 60% returns in 2 years

Dwarka Expressway is coming up as the ultimate destination to invest for the property buyers. Consumers who are ready to buy a residential property in the locality will easily get back more than 60% of his investment just in the first two years.

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Govt asks NOIDA, Gr. NOIDA Authorities to be part of the Escrow Accounts with the Builder

UP Govt’s decision to involve the local authorities, such as the NOIDA, Greater NOIDA Authority as part of the escrow account with the reality developer has been welcomes both by the developers and well as the homebuyers. 

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Haryana Government to recover Rs 766 Crore from private Builders.

Builders and developers in Haryana have responded positively to the Haryana Alternative Tax Compliance Scheme, with a targeted deposit of Rs 766.60 crore. 186 property builders have paid close to Rs. 255 crore already.

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Punjab & Haryana High Court askes DLF to handover 11 acre of land to Park Place Residents

Real estate major DLF Ltd has received a major setback for violating floor area ratio (FAR) norms to launch “The Crest” on a land that reportedly belongs to the Park Place Residents projects. 

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Supreme Court stays Delhi HC order – Unitech home buyer meeting on compromise scheme

Supreme Court of India stays Delhi HC order on Unitech’s meet with the home buyers is put on stay in addition to continue with the petition made against it at National Consumer Disputes Redressal Commission by the home buyers.

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Why Delhi-NCR is becoming the centre of unsold inventories?

Horror of real estate developers and consumers is far from the end. It is worsening day by day with the unsold residential and commercial Inventories rising from 18-40% everywhere.

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PM Modi’s decision to ban old Rs 500 and Rs 1000 notes has brought good news for property seekers

The government’s decision to ban Rs 500 and Rs 1,000 currency notes will hit the real estate sector hardest. While the move is welcomed by many industry experts.

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