Hopes about passage of Goods and Services Tax (GST) Bill were rekindled after the indirect tax reform proposal got an overwhelming support at the meeting of the empowered committee (EC) of state finance ministers in Kolkata.
The luxury housing segment within the realty sector has remained under pressure over the last few years. Experts predict a rebound in coming times when business confidence improves along with a revival in the economy.
The Delhi High Court’s June 3 ruling that flat buyers will not be subjected to service tax by a builder/promoter/developer for acquiring a flat in a complex, which is under construction or development may prompt homebuyers
In an investor friendly move, the Securities and Exchange Board of India (Sebi) this week directed set of rules on circumstances under which asset management companies can restrict redemption and such moves should be immediat
2 years of Modi government: In the recent past, the passing of the long-pending Real Estate Regulatory Bill was seen as a great victory for the Indian real estate sector and has got a thumbs up from almost all the experts.
Prospective buyers can still opt to invest in delayed projects provided there is a renewed visibility in terms of achieving revised timelines because of a fresh source of funding, change in management, etc.
The NCDRC has directed Jaypee Group to give the possession of the homes to Kalypso Court buyers within three months (by July 21), or pay Rs 5,000 per flat per day if projects are not delivered in 90 days.
It is not just the home-buyers who are increasingly getting attracted towards Noida and Greater Noida. Big business houses, start-ups and even PSU's are building permanent base in Noida, adding value to the region.