GOA RERA LAUNCH WEBSITE on Monday: Covering Story
Goa RERA website launch, builders in rush to register their projects, buyers in rush to file their complaints. Let’s understand why?
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726 Rera-Registered projects in Nashik
As many as 904 new and ongoing real estate projects in Nashik region, including 726 projects in Nashik city, have so far been registered with the MahaRERA.
Builders not liable to pay for ‘justified’ delays: MahaRERA
MUMBAI: The Maharashtra Real Estate Regulatory Authority has for the first time expanded the scope of reasons beyond a builder’s control. The authority upheld a city builder’s claim that a 2009 project was delayed due to change of law, administrative conflicts and “incorrect classification of the plot as CRZ II’’ —reasons beyond his control. Hence, the builder … Continue reading “Builders not liable to pay for ‘justified’ delays: MahaRERA”
Tax against unsold Inventories may initiate Realtors to Protest
The crunch in the real estate sector has intensified, as the Income Tax Department is all set to an excise tax on unsold apartments, which have been vacant for more than 1 year. Developers may have to pay a tax equivalent to 30% of the rental value, assuming that the apartment or apartments in question … Continue reading “Tax against unsold Inventories may initiate Realtors to Protest”
RERA Obligations and RERA Compliances for Builders– Failure attract heavy penalty
If any on-going project has not registered under respective State RERA, such project may have to face huge penalty which may be up to 10% of the project cost.
Jharkhand RERA Rules, Still a Long Journey
Builders are unhappy from the late notification of Jharkhand RERA rules in the state since the developers in Jharkhand only get five days to register.
RERA: A Daydream for Haryana to Come True
Haryana Cabinet has validated Haryana RERA Rules, making Haryana 23rd State has notified the RERA Rules.
Wait! Till 31st July for RERA Compliant Homes
There is a large chunk of unsold inventory across the locations and available with almost all the builders. They would in all likelihood be trying to offload them and even offer a reduced rate along with other freebies. Buyers showing renewed interest in this market have to be cautious as the chances of falling into a trap could be high.
Check! These 7 Legal Documents Before Buying Property
There are a few permissions and documents a builder or promoter must have if they are selling flats. Here are the documents that you should check when buying a flat from a builder.
Closing A Company Is Not An Easy Task, Know Clauses To Close A Company
A business may need to be closed for many reasons that may be due to business failure or any other unavoidable circumstances.
Voila! Just in 24hr Get Your PAN & TAN Registered
PAN refers to primary function is to prevent tax evasion by keeping a complete track of monetary transactions. TAN enables the assessee who has made payment to claim the tax deducted in their ITR.
What is Sukanya Samriddhi Yojana? Know The Benefits of This Scheme
Sukanya Samriddhi Yojana is a small deposit scheme for the girl child. It is currently fetching an interest rate of 9.1 percent and provides income-tax rebate.
Initiative To Create Environment For Startup India
Department of Industrial Policy and Promotion may, until such mobile app/portal is launched make alternative arrangement of recognizing a ‘startup’. Once such application with relevant document is uploaded a real-time recognition number will be issued to the startup.
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