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#RealtyNewsRoundup: Home Loan EMIs To Attract GST

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From July 1 this year, leasing of land, renting of buildings and equated monthly installments paid for purchase of under-construction properties will start attracting the Goods and Services Tax. However, sale of land and property will remain out of the purview of the new tax regime.

A committee set up by the Jammu and Kashmir government has approved the Smart City Proposals for the twin cities of Jammu and Srinagar. These proposals will now be submitted to the Central government for further approval. In the twin proposals, risk response has got special focus, considering the geographical vulnerability of the region.

The Maharashtra government has granted another extension to the draft Development Plan (DP) 2034. The draft plan had to be sent to the government by the Brihanmumbai Municipal Corporation by March 20. However, the recently elected 227 corporators demanded that the BMC seek an extension as they wanted to study the draft.

The buildings and factories business of L&T Construction has bagged a key design-and-build order worth Rs 2,903 crore to redevelop Mumbai’s century-old BDD chawls in Worli for the Maharashtra Housing and Area Development Authority.

Tags: home loan, EMI, Video, GST, BMC


This Time, Repo Rate Cut Should Make You Really Happy. Here Is Why

In its Third Bi-Monthly Monetary Policy Review on August 2, the Reserve Bank of India (RBI) reduced repo rate —the rate at which the Central bank lends to financial institutions—by 25 basis points (bps), to bring it down at six per cent, the lowest since November 2010. This could possibly be the best time for a buyer to invest in property.

August 03 2017

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How The Fear Factor Is Causing Real Estate Much Trouble

Reformative legislations such as Real Estate Law and the Goods and Services Tax may be confusing people initially. But, they will be removing the fear from the hearts and minds of consumers. In doing so, they will greatly help the economy grow, real estate included.

July 31 2017

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#RealtyNewsRoundup: Naidu Releases Home Loan Subsidy Guidelines Under PMAY [Video]

Here are today’s top news stories from the real estate sector.

March 24 2017

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An Explainer: Tenure

Tenure means the stipulated time within which you are supposed to pay back your liabilities. PropGuide explains tenure.

April 27 2016

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#WeeklyNewsRoundup: DDA Extends Deadline For 2017 Housing Scheme

Here are the week's top news stories from the real estate sector.

August 12 2017

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#RealtyNewsRoundup: Maharashtra Raises Stamp Duty On Gift Deeds

Here are the day's top news stories from the real estate sector.

August 11 2017

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5 Disadvantages Of Not Taking A Home Loan

It may not be a good idea to pump all your liquid money into an illiquid asset. In case you need cash owing to an emergency situation in future, you would find it mighty hard to arrange it.

August 09 2017

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#RealtyNewsRoundup: MahaRERA Gets Charge Of 2 UTs

Here are the day's top news stories from the real estate sector.

August 08 2017

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Proptiger has released it's quarterly review report on India's real estate sector. Ankur Dhawan,...

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