17TH & 18TH MARCH 2019

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MCHI-CREDAI

17TH MARCH 2019 NEWS

RERA NEWS

     

Maharashtra: Soon, flat buyers can remove builders from delayed projects

Publication: THE INDIAN EXPRESS Date : 17 MARCH 2019
At present, there are at least 20 cases before the MahaRERA in which home buyers have complained against the builder for non-completion of the project by the promised date.

REATY NEWS

     

Tata Realty set to acquire Tata Sons’ stake in housing arm for ₹3,000 cr

Publication: BUSINESS LINE Date : 17 MARCH 2019
Tata Realty and Infrastructure (TRIL) will acquire Tata Sons’ stake in Tata Housing (THL) for about ₹3,000 crore.

18TH MARCH 2019 NEWS

MCHI NEWS

     

Mumbai Realtors Ask State for GST Reduction, Input Credit on Redevelopment

Publication: ECONOMIC TIMES Date : 18 MARCH 2019
Mumbai: The recent amendments to the Goods & Services Tax (GST) structure have unsettled realty developers engaged in the redevelopment segment in the Mumbai property market.

GST NEWS

     

GST Council to issue new tax norms for real estate

Publication: MINT Date : 18 MARCH 2019
New rules to guide the usage of credit for taxes paid on raw materials and services
     

GST on real estate: Transition is key

Publication: BUSINESS STANDARD Date : 18 MARCH 2019
Both consumers and builders were delighted with the reduction in the GST rates announced by the GST Council in a recent meeting.

REATY NEWS

     

India’s first REIT is finally here. Should you invest?

Publication: MINT Date : 18 MARCH 2019
Though REITs are less volatile, there is no historical data for comparison in India

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