30TH MARCH 2017

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MCHI-CREDAI

GST NEWS

     

GST closer to reality, LS clears four related bills

Publication: TIMES OF INDIA Date : 30 MARCH 2017
Navi Delhi: Delhi, States To Enact Laws In Next 3 Months. The Lok Sabha cleared four bills related to the Goods and Services Tax (GST) on Wednesday , setting the stage for 28 states, along with Delhi and Puducherry , to enact state laws over the next three months to roll out the new tax regime from July ..
     

Home loan EMIs of under-construction houses, renting & land leasing to attract GST from July 1

Publication: ET REALTY Date : 30 MARCH 2017
Come July 1 and leasing of land, renting of buildings as well as EMIs paid for purchase of under-construction houses will start attracting the Goods and Services Tax.
     

GST on real estate: Land leasing, renting, EMIs for under-construction houses to be taxed

Publication: FIRSTPOST Date : 30 MARCH 2017
New Delhi: Come July 1 and leasing of land, renting of buildings as well as EMIs paid for purchase of under-construction houses will start attracting the Goods and Services Tax..

NGT NEWS

     

Aarey not forest, state govt tells NGT

Publication: TIMES OF INDIA Date : 30 MARCH 2017
Mumbai: The 3,162.32 acres that comprise Aarey Colony is not a forest and has been used for non-forest activities since 1949. This has been stated by the state forest department in an affidavit before the National Green Tribunal (Pune bench).

BMC BUDGET NEWS

     

Stressing on transparency, BMC slashes budget, skips new taxes

Publication: TIMES OF INDIA Date : 30 MARCH 2017
Mumbai: Proposes 1% Surcharge On Property Deals. For the first time in its recent history , the BMC has drastically slashed its annual budget.

CONTI...

CONTI...

INFRA NEWS

     

Metro projects get over Rs 3K cr

Publication: TIMES OF INDIA Date : 30 MARCH 2017
Mumbai: MMRDA Clears Dahisar-Mira Rd Route. The MMRDA has allotted almost half of this year's Rs 6,976 crore budget for Metro projects. Out of the Rs 3,273.25 crore allocated for Metro projects, Rs 1,000 crore each has been earmarked for Metro VII (Dahisar-Andheri) 

CITY NEWS

     

Bldr gets 3 yrs in jail for failing to hand over flats

Publication: TIMES OF INDIA Date : 30 MARCH 2017
Mumbai: Consumer Panel Cracks Whip On Errant Developer.Cracking down on builders who do not comply with orders, the state consumer commission recently sentenced a developer to three years' imprisonment for failing to hand over apartments or pay Rs 38 lakh to two buyers..

REALTY NEWS

     

Refinancing risk of real estate developers seen rising in FY18: India Ratings

Publication: ET REALTY Date : 30 MARCH 2017
MUMBAI: Falling sales have dimmed hopes of cash-strapped real estate developers for refinancing their debt obligations in 2017-18, said India Ratings and Research.
     

Realty Queries - Exercise Due Diligence for the Discounts Offered

Publication: ECONOMIC TIMES Date : 30 MARCH 2017
During Gudi Padva, developers were offering various promotional schemes such as waiving off stamp duty etc. Are such offers genuine?
 

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