GST NEWS

‘No higher GST for location, car parking’

Publication: TIMES OF INDIA Date : 04 MAY 2019

New Delhi: There may be further goods and services tax (GST) relief for home buyers. The Authority on Advance Ruling in West Bengal has said that services such as preferential location and facilities like car parking in apartments

DNA EXCLUSIVE: Revised GST rates, clarity in rules to boost property sales, say realty players

Publication: DNA Date : 04 MAY 2019

Realty players hope that property sales will pick up in Mumbai and other cities following the implementation of revised GST rates May 10 onwards.

RERA NEWS

RERA helps cut projects’ delivery timeline

Publication: TIMES OF INDIA Date : 04 MAY 2019

Mumbai: The Real Estate Regulation & Development Act (RERA) has helped reduce the delivery timeline of projects.

CITY NEWS

Green tribunal issues stricter sewage norms

Publication: TIMES OF INDIA Date : 04 MAY 2019

Mumbai: The National Green Tribunal has made the norms for the quality of treated sewage more stringent. In an order on April 30, the NGT set a norm of 10 mg per liter biochemical oxygen demand (BOD) as the base for all cities in the country.

State govt set to take ordinance route for full property tax waiver

Publication: MUMBAI MIRROR Date : 04 MAY 2019

Cornered by the Congress, the BJP-Sena combine wants to bring cheer to owners of 500-sq-ft homes in Mumbai

Dharavi overhaul will have to wait for advocate general’s nod

Publication: MUMBAI MIRROR Date : 04 MAY 2019

The state government has sought an opinion from advocate general (AG) Ashutosh Kumbhakoni on whether the additional railway land, which has come its way for Dharavi redevelopment project, constitutes extra benefit to the preferred bidder.

REALTY NEWS

Property sales likely to rise on Akshaya Tritiya

Publication: MUMBAI MIRROR Date : 04 MAY 2019

With exciting discounts and offers on properties, many homebuyers are looking forward to this auspicious day to make the purchase

PE investors shy away from residential property

Publication: THE ASIAN AGE Date : 04 MAY 2019

In short, PE investors have been steadily drifting away from the residential sector and are increasingly focused on the commercial office segment.