Saturday, March 24, 2018



    VOL.32,  No.21  -
Highlights of this issue:


Ø Railways allows Building of Residential Complexes around station
Ø TN Govt to give online building planning permissions in 45 days
Ø Land Owner ,Investors having Area, Revenue Share in Real Estate Project to be treated as Promoter: Goa RERA
Ø MMR to get 2.5 FSI for Affordable Homes
Ø Fit out Possession –Gimmick by Builders to delay project & avoid penalties
Ø Land  Cost cannot be withdrawn from Escrow in RERA Register Project upfront
Ø History Repeats, MHADA Plans to slash prices of unsold flats
Ø Indore Was The Only City To See Flourishing Market After GST And RERA
Ø NAREDCO Signs MoU at Magnetic Maharashtra
Ø Rs 12 Lakh fined Kabra & Associates for advertising Unregistered Projects
Ø State Govt may reduce rent for Mumbai housing Societies
Ø Only  Infra can arrest property price
Ø Impact of Mill Land
Ø RERA,REITs, GST, etc to spur the housing & construction activities: Puri
Ø Indiabulls Finance Raises Rs 315 Crore for affordable housing sector
Ø CCI fines Rs 1Cr on Ghaziabad Devt Authority for Raising EWS flat price
Ø EOW arrest building in second cheating case
Ø Brokerage Paid To Rent Property Is Not Allowable Deduction Under Income Tax
Ø Ministry to announce 10 more cities under Smart Cities Mission
Ø GDP growth will Robust in 2018-19: NITI Aayog
Ø How to complain against Builder under RERA
Ø Goa to Frame new law to protect NRIs’ property on the card
Ø Stamp duty charges on gifting of property
Ø Karnataka RERA issues 477 notices to promoters so far
Ø Maha RERA Launches Conciliation Forum operational from Feb ,2018
Ø Services By Way Of Renting Of Residential Dwelling For Use As Residence Is Exempted Under GST
Ø 1% TDS On Purchase Of Immovable Property Must be Deducted
Ø Property transactions will be linked to Adhaar Soon Says Puri
Ø Logistics Sector Granted Infrastructure Status
Ø Property Rates (All rates are on RERA Carpet Area)