GST NEWS

Extend deadline for realtors with ongoing projects: Tax practitioners

Publication: DNA Date : 09 MAY 2019

GST Council in March this year had announced 1 per cent GST for real estate projects under the affordable housing category and 5 per cent GST for rest of the real estate projects.

Cancelled an apartment booking, claim GST back from developer

Publication: DNA Date : 09 MAY 2019

EASY PROCESS: FAQs released by finance ministry states the homebuyer is allowed to avail credit adjustment for such refunds

Builders to refund GST if flats booking cancelled in FY19: CBIC

Publication: THE INDIAN EXPRESS Date : 09 MAY 2019

Developer will be able to issue a ‘Credit Note’ to buyer as per provisions of Section 34 in case of change in price.

SRA NEWS

Mumbai: Govt directs SRA to link Aadhaar of slum scheme beneficiaries

Publication: THE INDIAN EXPRESS Date : 09 MAY 2019

AFTER DECIDING to protect even those who have illegally purchased a slum rehabilitation home in Mumbai,

CITY NEWS

Mumbai: CM Devendra Fadnavis approves two cluster redevelopment projects at Parel

Publication: FREE PRESS JOURNAL Date : 09 MAY 2019

Maharashtra government’s new urban renewal scheme, also known as the cluster redevelopment model, for Mumbai finally sees some light after fours years. The scheme was in state government’s pipeline for four years.

REALTY NEWS

HDFC to auction part of Jet Godrej BKC tower over Rs 415 crore loan default

Publication: ET REALTY Date : 09 MAY 2019

MUMBAI: HDFC has announced it will auction part of the 'Jet Airways Godrej BKC' building in Bandra Kurla Complex after Jet failed to pay back a loan of Rs 414.80 crore.