Haryana govt come under flak
24/05/2017 , by in News/Views

The Centre is unhappy with the states, including BJP-ruled Haryana, over complaints from homebuyers that safeguards in a central law were diluted to favour real estate developers and for delaying notification of the rules. The government enacted last year the landmark law designed to protect mill... Read more...

GST on real estate
May 2017 , by in News/Views

Full availability of input tax credit and elimination of multiple indirect taxes will step-up sentiment in the real estate sector. Industry experts said benefits of input tax credit on raw materials will negate the impact of putting cement in the highest tax slab of 28 per cent. The government ha... Read more...

Commercial realty on an upswing
May 2017 , by in News/Views

With the Government initiating measures for improving ‘ease of doing business’, appropriate policy changes such as REIT and Foreign Direct Investment (FDI) relaxations, and legislations like Real Estate Regulation Act 2016 (RERA), the commercial realty sector has a lot to look forward to. The... Read more...

NHRC asks for report on housing scheme
May 2017 , by in News/Views

An ambitious project to redevelop seven residential colonies in south Delhi has drawn the attention of the National Human Rights Commission. Justice H L Dattu, the chairman of the commission recently sought a report from the Centre and National Building Construction Corporation (NBCC) wanting to ... Read more...

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