Facing formidable opposition in the Rajya Sabha and persistent disruptions, the government has decided against moving the amended Real Estate (Development and Regulation) Bill in the current session and will seek to get it through parliament next year, said people aware of the development NEW DELHI The real estate bill, which had cleared all hurdles …
Real estate bill won’t be passed in ongoing winter session Read More »
Currently, real estate developers pay various non-creditable taxes including excise duty, customs duty, entry tax, etc. on the procurement side MUMBAI: Ratings agency Care Ratings expects the implementation of Goods and Services Tax to result in reduction in property prices. Currently, real estate developers pay various non-creditable taxes including excise duty, customs duty, entry tax, …
Goods & services tax to help reduce property prices: Care Ratings Read More »
These changes were based on the recommendations of the select committee of Rajya Sabha that had examined the bill pending in the upper house of the parliament NEW DELHI | MUMBAI: The union cabinet has approved 20 major amendments to the real estate regulatory bill that seeks to protect home buyers as well as help …
Cabinet clears 20 major amendments to real estate bill Read More »
A major amendment is the proposed parity in the interest payable by allottee and developer in case of any default by either party. Three years after it announced the plan, Maharashtra has revived the proposal to set up a housing sector regulator and appellate tribunal. The state would complete the formalities to establish a Housing …
Maharashtra gets centre’s nod to set up real estate regulator Read More »
While Congress’s objections to the bill have now narrowed to three areas, Trinamool remains dead set against any government role in land acquisition. NEW DELHI: The contentious land bill, despite being significantly diluted, is unlikely to be brought before Parliament in the winter session with the joint committee of Parliament examining the legislation deciding to …
Land bill unlikely to be brought in winter session Read More »
