PROPGUIDE − A Complete Property Guide
#happyhome

#RealtyNewsRoundup: Homes To Fall Under 5% Slab In GST Regime

Loading video...

Description

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

The Goods and Services Tax Council decided on the four-tier structure of 5, 12, 18 and 28 per cent, with lower rates for essential items and the highest for luxury items. Mass-market homes are expected to fall under the five- per cent slab.

States, including Uttar Pradesh and Gujarat, have begun diluting the provisions of the Real Estate (Regulation & Development) Act, exempting delayed projects. While UP has come up with four exemptions to exclude incomplete projects from the category of “ongoing projects”, Gujarat has exempted all projects launched before notification of the rules. This means such projects won’t have to be registered with the real estate regulator in these states.

Prime Minister Narendra Modi will lay the foundation stone of Mopa International Airport in Goa on November 13. Apart from this, Modi will also lay the foundation for an IT hub in the state.

The Andhra Pradesh government notified four new urban development authorities in the state. The government has sought public opinion on the proposed new bodies that will come up in Anantapur-Hindupur, Kurnool, Nellore and Kakinada (Godavari) under the AP Metropolitan Region Urban Development Authorities Act, 2016.

Tags: Goa, Uttar Pradesh, Prime Minister Narendra Modi, Video, Gujarat, propguide, Goods and Services Tax, Real Estate Regulation (Regulation And Development) Act, nantapur-Hindupur, Kurnool, Nellore and Kakinada (Godavari)


#RealtyNewsRoundup: Govt To Sell 15% Stake In NBCC Today

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

October 20 2016

+ Click Here To Read This Article

#WeeklyNewsRoundup: Haryana Fixes VAT at 1% For Projects Built Till 2013

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

September 17 2016

+ Click Here To Read This Article

Is NCR Losing Out To Mumbai, Bengaluru, Pune?

The National Capital Region, for very long, has been the largest residential real estate market in India. But, is NCR losing out to Mumbai, Bengaluru and Pune?

November 10 2015

+ Click Here To Read This Article

UP Govt To Give 5% Free FAR To Eco-Friendly Building Developers

Under GRIHA, a system has been developed to help ‘design and evaluate’ new buildings based on their predicted performance over their entire life cycle – inception through operation

October 30 2015

+ Click Here To Read This Article

Affordable Homes: How Govt Can Make Them Feasible For Developers

The Centre plans to build affordable homes for the country’s low-income groups and economically weaker sections under the Housing for all by 2022 scheme. A look at how it can encourage more interest from developers to participate in the process.

October 23 2015

+ Click Here To Read This Article

5 Modi Govt Measures That Make Realty Investments Attractive To NRI Investors In Silicon Valley

In the backdrop of his visit to the US, PropGuide looks at the steps Prime Minister Narendra Modi took to make NRI investments in India's real estate sector easy.

September 24 2015

+ Click Here To Read This Article

What PM Narendra Modi Can Do For NRI Real Estate Investors in Silicon Valley

Prime Minister Narendra Modi is set to meet Silicon Valley's major business leaders during his visit to the US starting September 24. Here is how he can encourage real estate investors from the Valley to invest in Indian real estate.

September 23 2015

+ Click Here To Read This Article

5 Creative Eco Resorts Around The World

If luxury housing are eco-friendly then what else could you want? It's like having your cake and eating it too!

May 04 2015

+ Click Here To Read This Article

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

According to a report by Oxford Economics research, significant changes are expected in the world...

Real Estate Investment Trusts are most anticipated subjects for the realty sector. It is the...

The Akrama-Sakrama Scheme came into force in March 23, 2015. The owners now have an extended...

Union Urban Development Minister Venkaiah Naidu says India will soon have a more efficient parking...

Reports show authorities in Noida are mulling an exit policy for developers to surrender vacant...

Here is all you need to know about 'betterment fees'.

A building code is a set of norms that govern construction of buildings by stipulating minimum...

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

PropGuide simplifies complex real estate jargons for you.

Sunil Mishra, Chief Business Officer, PropTiger, talks on new online realty platforms for NRIs.

Subscribe Now

To stay tuned with real estate updates

Pick:

x +

Drop Your Query here


Top