PROPGUIDE − A Complete Property Guide
#happyhome

#WeeklyNewsRoundup: Govt Slashes GST Rates On 66 Goods And Services

Loading video...

Description

The Centre has in coordination with states has decided to lower GST rates on 66 goods and services, apart from easing the compliance burden for small businesses as they raced to be ready to launch the Goods and Services Tax from July 1. The 66 items rates of which have been lowered include hybrid cars, sanitary napkins, telephone bills and ships manufactured in the country.

***

The Uttar Pradesh Housing and Urban Planning Department has initiated the process of registering all development authorities and developers under the Real Estate (Regulation & Development) Act, 2016. The task of designing an exclusive website for this purpose has been given to Awas Bandhu.

***

Rajasthan Urban Development and Housing Department has eased the restrictions on the construction of houses and buildings close to defence establishments. Now, it would not be mandatory for owners to obtain a no-objection certificate to carry out construction activity within 500 metres of any army camp in the state.

***

The Maharashtra government is planning to sell 50,000 vacant houses in Mahul, Trombay and Vidyavihar. These houses, measuring 250 sqft each, were built by the MHADA for those affected by projects undertaken by the Brihanmumbai Municipal Corporation and the Mumbai Metropolitan Regional Development Authority for building roads, Metros, gardens, etc.

***

National Green Tribunal has issued notices to the environment ministry, Delhi and Haryana governments, the municipal corporation of Gurugram, Ansal Properties and Infrastructure and others on the construction of apartments located in the eco-sensitive Aravalli area. The tribunal is hearing a plea that claims that there had been an encroachment and construction on ‘Khasra no 75’, which is a designated hilly land unfit for cultivation.

Source: Media reports

Tags: Video, GST, NGT, propguide, RERA


#RealtyNewsRoundup: UP RERA Website Receives 15,000 Complaints On Launch Day

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

July 27 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: Maharashtra CM Approves Consumer-Friendly RERA

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

March 23 2017

+ Click Here To Read This Article

Will Real Estate Law Change The Face Of Property Markets In Q3?

Shubika Bilkha, business head, The Real Estate Management Institute- REMI, The Annet Group, talks about the future of property markets after the arrival of the Real Estate (Regulation & Development) Act, 2016.

August 10 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: MahaRERA Gets Charge Of 2 UTs

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

August 08 2017

+ Click Here To Read This Article

5 Developments Pune Real Estate Market Witnessed Recently

A lot has been going on in Maharashtra that will directly or indirectly impact the Pune's real estate markets. PropGuide lists some of these recent developments.

August 08 2017

+ Click Here To Read This Article

#WeeklyNewsRoundup: States Extend Deadline For Project Registration Under RERA

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

August 05 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: RBI Cuts Repo Rate; Home Loans To Be Cheaper

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

August 03 2017

+ Click Here To Read This Article

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

+ Click Here To Read This Article

Here are some practical ways to deal with property-related issues.

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

The National Highways Authority of India will begin work on the remaining eight-km long stretch of...

The Pradhan Mantri Awas Yojana (Urban) is useful for you even if you or your parents already own a...

The Goods And Services Taxes has clearned a proposal to charge a cess of 15 per cent on luxury cars...

The state Legislative Assembly has amended the Maharashtra Stamp Duty Act to increase the charges...

Expecting the arrival of an airport, real estate developers have invested heavily around Jewar....

As the completion date of the Southern Peripheral Road nears, PropGuide on how the new corridor...

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

PropGuide simplifies complex real estate jargons for you.

Prime lending rate is the interest rate at which banks lend to its most credit worthy...

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

Subscribe Now

To stay tuned with real estate updates

Pick:

x +

Drop Your Query Here


Top