MCHI NEWS

Budget expectations from Real – Estate sector: 2018

Publication: MID-DAY Date : 19 JANUARY 2018

ALL eyes are set on february 1, 2018, when Hon’ble finance Minister Shri Arun Jaitley will present the Union Budget.

BUDGET 2018: NEWS

GST Relief Tops Realty Players’ Budget Wish List

Publication: ECONOMIC TIMES Date : 19 JANUARY 2018

Mumbai: After absorbing the impact of various structural changes and demand headwinds in 2017, the real estate sector is eyeing relief in terms of lower GST (goods and services tax)

Budget 2018 real estate expectations: Here’s what homebuyers, investors, developers want from Arun Jaitley

Publication: FINANCIAL EXPRESS Date : 19 JANUARY 2018

Budget 2018: With the Union Budget announcement around the corner, here are the expectations from the perspective of all the stakeholders of real estate

GST NEWS

GST COUNCIL SLASHES RATES ON 29 ITEMS TO ZERO PER CENT

Publication: MUMBAI MIRROR Date : 19 JANUARY 2018

New Delhi: The Goods and Services Tax (GST) Council on Thursday decided to slash rates on 29 items, mainly handicrafts, to zero per cent, according to Uttarakhand Finance Minister Prakash Pant.

Homebuyers stand to gain from GST input credit: Experts

Publication: DNA Date : 19 JANUARY 2018

The recent order of the Maharashtra Real Estate Regulatory Authority (MahaRERA) asking developers to pass on the GST input credit to homebuyers will benefit them, analysts say.

RERA NEWS

Corporate developers look to make the most of RERA regime

Publication: MINT Date : 19 JANUARY 2018

Mumbai: Corporate real estate developers, some of them new entrants, are chalking out expansion plans to take advantage of a changing regulatory environment amid rising distressed assets in the realty market.

 CITY NEWS

Squatters destroyed 1 hectare of Mumbai mangroves to build 500 shanties

Publication: HINDUSTAN TIMES Date : 19 JANUARY 2018

The Naya Nagar slum in Oshiwara, Andheri (West), where recurring cases of mangrove burning have been reported over the past month, used to be a mangrove forest prior to 2005.

REALTY NEWS

Over one lakh defaulters yet to file property tax returns

Publication: TIMES OF INDIA Date : 19 JANUARY 2018

LUDHIANA: Now, when the option of 10% rebate in payment of property tax is over, civic officials are again going to start issuing notices to defaulters for clearing their dues.