01ST & 02ND JULY 2018

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MCHI-CREDAI

01ST JULY 2018 NEWS

GST NEWS

     

Real estate players recount a year of GST regime

Publication:DNA Date : 1 JULY 2018
As the GST regime enters its second year on Sunday, real estate players recount the roller coaster journey that has been.
     

1 year of GST: Traders cry foul while real estate sector feels the pinch

Publication: HINDUSTAN TIMES Date : 1 JULY 2018
The one year since the introduction of GST has been torrid for small businesses although the central government has tried to address some problems faced by traders and reduced tax rates for several sectors including real estate and hospitality.

AFFORDABLE HOMES  NEWS

     

NAINA's first integrated township to provide affordable homes

Publication: DNA Date : 1 JULY 2018
On Thursday, Chief Minister Devendra Fadanvis launched the first integrated township project in NAINA (Navi Mumbai Airport Influence Notified Area) at Panvel.

UNESCO NEWS

     

Unesco world heritage tag for South Mumbai’s Victorian and Art Deco buildings

Publication: HINDUSTAN TIMES Date : 1 JULY 2018
It’s time to celebrate. Mumbai’s rich cluster of Victorian and Art Deco buildings in the Fort precinct and Marine Drive has been declared a Unesco World Heritage Site.

CITY NEWS

     

Mumbai civic body to increase charges at 55 street parking lots

Publication: HINDUSTAN TIMES Date : 1 JULY 2018
The BMC recently floated 55 tenders to appoint contractors for maintenance of street parking lots at Colaba, Marine Drive, Churchgate, Dadar, Bandra, Andheri and Chembur

2ND JULY 2018 NEWS

GST NEWS

     

Affordable housing gets GST lift

Publication:DNA Date : 2 JULY 2018
A year ago, India's real estate industry was hit by the twin effects of demonetisation and the rollout of the Goods and Services Tax (GST) a few months later.
     

Buyers find ways to avoid steep GST on flats being built

Publication: TIMES OF INDIA Date : 2 JULY 2018
Mumbai: Prospective flat buyers are indulging in innovative ways to circumvent paying the 12% GST levied

CONTI...

CITY NEWS

     

Hsg society not an industry even if it earns profit: HC

Publication: TIMES OF INDIA Date : 2 JULY 2018
The one year since the introduction of GST has been torrid for small businesses although the central government has tried to address some problems faced by traders and reduced tax rates for several sectors including real estate and hospitality.

REALTY NEWS

     

Home loan overdraft a/cs squeeze banks

Publication: TIMES OF INDIA Date : 2 JULY 2018
Mumbai: Well-heeled borrowers are parking larger amounts in their home loan overdraft account after running out of options for generating high returns.
     

The ordinance amending IBC is not just for homebuyers

Publication: MINT Date : 2 JULY 2018
On the day the IBC ordinance was passed, the finance ministry said the corporate debtors having annual turnover of up to ₹ 250 crore will also have benefits that were extended to MSMEs

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