Published on: Jun 30, 2016 @ 19:43 The  Haryana  Government  announced  on  Monday  to  reduce  circle  rates  of  property  in  Gurgaon  by  15 percent. The  decision  to  reduce  the  circle  rate  is  expected  to  boost  the  sentiment  of  the  sluggish  property market  of  Gurgaon. The  new  reduced  circle  rates  will  be […]

Service  Tax  Relief  To  Home  Buyers  By  The  Delhi  High  Court In  a  significant  judgment  recently,  the  Delhi  High  Court  has  held  that  service  tax  can  not  be  levied  on  payments  made  towards  the  purchase  of  under  construction  property  units  in   a  complex  from  builders/developers. This  service  tax  relief  to  […]

Published on: Apr 30, 2016 @ 22:29 The most common complaint of home buyers against builders is the delay in handing over flats. Home  buyers ’  protests  against  the  developers  have  increased  in  recent times  as  several  housing  projects  have  been  delayed. Sometimes, the  real  estate  business  is  not  being done […]

Published on: Apr 26, 2016 @ 14:50 The  Greater  Noida  Industrial  Development  Authority  (GNIDA)  has asked  the  Realty  firm Supertech  to  seal  1,009  units  at  its  housing  project  ‘Czar’  in  Greater  Noida  for  allegedly constructing  them  without  approval.  The  notice  was  issued  to  Supertech  on  April  11, 2016, in  this  regard.  The  […]

Home  loans  are  set  to  get  cheaper  with  banks  start  implementing  the  new  lending  rate  structure  called  marginal  cost  based  lending  rate  (MCLR)  from  Friday. The  new  rate  setting  structure,  which  asks  banks  to price  loans  based  on  the  marginal  cost  of  deposits  rather  than average  cost,  comes  into  effect […]

Published on: Mar 31, 2016 @ 16:13 Delhi is set to become the first urban area in the country to streamline its building permissions so that building plans are sanctioned within a 30-day period. Union  Minister  for  Urban  Development  M.  Venkaiah  Naidu  announced  on  Wednesday the new  Unified Building  Bye-laws  2016 […]

Published on: Mar 2, 2016 @ 10:05 The  Union  Budget  2016   introduced  many  measures  to  give  a  huge  push  to  the  staggering real  estate sector.  It  has  been  going  through  tough  times  for  the  last  few  years  and  the expectations  from  this budget of  the  NDA  government  were  very  high. Finance […]