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#RealtyNewsRoundup: GST To Be Rolled Out By April Next Year, Says Jaitley [Video]

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Realty News Roundup is PropGuide’s selection of the day’s top stories from the real estate sector.

Finance minister Arun Jaitley recently said rolling out the Goods and Services Tax (GST) was a Constitutional compulsion and asserted the government’s intention to kick off the ambitious reform by April 1 next year. He said that demonetisation along with GST would boost the economy and make it cleaner.

To expand its presence in Delhi and NCR, the Tata Group's real estate arm Tata Housing has forayed into the Noida market by partnering with developer Lotus Greens for a 20-acre housing project in Sector 150. The company is already developing four housing projects in Gurgaon.

Taking a cue from the central government to act tough against black money, the Madhya Pradesh government has instructed all collectors to prepare a list of 'benami' properties in the state. State revenue minister Uma Shankar Gupta said that legal proceedings would be initiated against the defaulters.

To boost urban infrastructure in Odisha, the state government has envisaged an investment worth Rs 30,000 crore. State housing and urban development minister Pushpendra Singhdeo said several private investors had shown interest to invest in as many as 86 projects, including the smart city mission.

Source: Media reports

Tags: Gurgaon, Video, Smart City Mission, GST, Tata Housing


#Budget2017: A Little Nudge And Realty Will Take That Big Leap Towards Recovery

Despite all the doom and gloom stories one might be hearing bout India’s real estate, a close look at facts would tell you that the sector is actually headed to a grand re-launch and may spring to assert its position as the most preferred asset class.

January 30 2017

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Budget Roundup: Affordable Housing Gets Infrastructure Status

Here are some of the key takeaways from the Union Budget 2017-18 presented by Finance Minister Arun Jaitley on February 1.

February 01 2017

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#Budget2017: Affordable Housing To Get Infrastructure Status

After Finance Minister Arun Jaitley presented the Union Budget 2017-18, Prime Minister Narendra Modi said the housing sector stood to gain immensely from the new announcements.

February 01 2017

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#Budget2017: GST Rollout Likely Within Deadline

Finance Minister Arun Jaitley has said that the GST Council has finalised its recommendations and the preparation of IT system for GST is also on schedule.

February 01 2017

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#Budget2017: Self-Employed & Those Without An HRA Component Eager to Be Addressed

India's self -employed workforce as well as those who do not have an HRA component in the lump sum that they get from their workplaces is looking forward to Budget 2017. Their only demand being a rational look at the amount that is allowed for exemptions.

January 19 2017

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#Budget2017: Regulation Of Construction Material, Reducing Construction Cost Are The Key Areas To Focus On

Housing for All by 2022, act as a major driver for the upliftment of construction industry. in the upcoming Union Budget 2017, any policy announcements in infrastructure and industries will directly benefit the construction industry too, which is at present seems positive.

January 19 2017

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#Budget2017: 5 Things Real Estate Allied Sectors Are Expecting

When Finance Minister Arun Jaitley announces the Union Budget 2017-18 on February 1, real estate allied industries will be expecting to hear from him these things.

January 16 2017

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#Budget2017: 5 Things Investors Want From Jaitley

When finance Minister Arun Jaitley announces the Union Budget 2017-18 on February 1, real estate investors will be expecting to hear from him these things.

January 13 2017

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