Entire township must be registered as one unit under RERA, says TNREAT
The observations were made while dismissing an appeal preferred by Hiranandani Realtors Private Limited against an order passed by the Tamil Nadu Real Estate...
Payment by Builder for Damages to Allottees is not Interest, No TDS – Analyzing...
Referring Two Cases
Case Details: Sawhney Builders (P.) Ltd. v. ACIT (TDS) - 151 taxmann.com 97 (Delhi-Trib.)
M/s Pratibha Housing Pvt. Ltd. Vs Commissioner...
Haryana RERA Revokes Registrations of Mahira Infratech
The Haryana Real Estate Regulatory Authority (RERA) has taken the decision to cancel the registrations of five housing projects belonging to Mahira Infratech. This...
Real Estate GST Changes W.e.f 1st April, 2019 – Simplified Legal Analysis
By CA Ankit Gulgulia (Jain)
After a long round of discussions, finally the
real estate industry has got the notifications in regard to changes suggested
by GSTN...
CREDAI’s survey revealed postponement of 95% home buying decisions due to the second...
The second wave of covid-19 and the various lockdown restrictions have led to project delays, deferred home-buying decisions, reduced customer enquiries and deepened financial constraints.
About 95% developers...
National Company Law Tribunal’s Delhi bench appointed an Interim Resolution Professional to conduct...
The National Company Law Tribunal’s (NCLT) Delhi bench has appointed an Interim Resolution Professional (IRP) to start a Corporate Insolvency Resolution Process (CIRP) against...
Haryana Revenue & GST Department to Share Data for Curbing GST Evasion on Commercial...
Government of Haryana
Excise & Taxation Department Haryana
Chandigarh, 23rd May 2022
PRESS RELEASE
Haryana Revenue Department to Share data of Commercial Rent/Lease Deed with Haryana Excise and...
To end flat registration delay, UP-RERA seeks direction from the State Govt
Thousands of homebuyers are still waiting to register their flats due to a deadlock because of dues between promoters and authorities. To end flat...
Haryana RERA Holds Builder for offering possession before Occupation certificate OC
Haryana Real Estate Regulatory Authority (Authority) comprising Justice Vijay Kumar Goyal (Member), has held that the offer of possession made by the...
I Want To Sell My House In USA And Move To India. What Are...
I have been working in USA for more than 12 years and now my family and me are moving back to India for good this...
UP RERA Mandates Settlements to be Uploaded on Portal – Releases SOP
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has expanded its powers to closely monitor and regulate builder-buyer settlements in the state. This...
18% GST Applicable on Sale of Parking along with Flat
Sale of Parking Space along with Flat is liable to taxed at 18% under GST and not as Composite Supply
2023 (1) TMI 81 -...
RERA – An Imperative to structure the Secondary Real Estate In A Transparent Way
RERA - An Imperative to structure the Secondary Real Estate In A Transparent Way
When RERA (Real Estate Regulatory Authority) was implemented in 2016 there...
Punjab RERA – Arbitration Clause In Agreement For Sale Does Not Restrict Homebuyers From...
Punjab Real Estate Regulatory Authority (RERA/Authority) bench consisting of Justice Balbir Singh (Adjudicating Officer) has held that homebuyers can approach RERA...
Tie up of RMZ Corp and CPP Investments for commercial development in India
RMZ Corp and CPP Investments announced that they have entered into a joint venture to develop and hold commercial office space in Chennai and...
NCLT approved the overall resolution plan of Piramal Group for Dewan Housing Finance Ltd...
The National Company Law Tribunal (NCLT) has approved the overall resolution plan of Piramal Group for Dewan Housing Finance Ltd (DHFL). The NCLT pronounced...
Haryana RERA slaps Rs 50 lakh fine on developer for violating norms
March 11, 2024: The Haryana Real Estate Regulatory Authority (RERA) imposed a penalty of Rs 50 lakh on real estate promoter Coral Realtors for...
Monetary Policy: Corporate Loans One-Time Restructuring got permitted by R.B.I.
On Thursday, the Reserve Bank of India (R.B.I.) has announced its decision about the extension of one-time restructuring of loans with up to 2 years moratorium for the stressed real...
REAT Delhi: While Exercising Its Authority Through Suo-Motu Proceedings, RERA Must Inform The Concerned...
While setting aside the order and penalty imposed by the Delhi Real Estate Regulatory Authority (RERA or Authority), the Delhi Real Estate...
NDMC To Geo Tag All Properties in FY 2024-25 in Delhi – Step by...
For the ease of property tax collection, the NMDC announces to geo-tag all the properties in Delhi within its zone
The New Delhi Municipal Council...
Income Tax on Land Purchased from Director at Higher Cost and Sold at Lower...
Madras High Court in Case of COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, CHENNAI. VERSUS M/S. ADITYARAM PROPERTIES (P) LTD vide Order Dated 18th August,...
Homebuyers Who Secure RERA Decrees Can’t Be Treated Differently From Other Financial Creditors Under...
Introduction
The Supreme Court of India has ruled that homebuyers who secure decrees from the Real Estate Regulatory Authority (RERA) for a refund of their...
Growth of India’s real estate segment continued in the first quarter of FY 21
India’s real estate segment has remained resilient during the pandemic period. Buoyed by conducive government policies, central bank support, stricter regulations, tax reliefs, stamp...
UP-RERA directs the promoters to provide project registration certificate embedded with QR code
NEW DELHI: Uttar Pradesh real estate regulatory authority (UP-RERA) has redesigned the certificate for registration of projects. The registration certificate is now digitally signed...
Chinese Real Estate Developer Country Garden on Verge of Major Offshore Credit Default Today
Lack of payment would make Country Garden the latest in scores of Chinese developers who have defaulted. The firm had last week warned about...
MahaRERA Orders Deregistration Of Nishuvi Rehab Phase from RERA after the builder failed to...
The Maharashtra Real Estate Regulatory Authority (MahaRERA) bench comprising of Justice Ajay Mehta (Chairperson), Mahesh Pathak (Member - I) and Ravindra Deshpande (Member...
Relief for Buyers on GST Rate on Water Connection, Electricity Installation, Development Charges &...
IN RE: M/S. PURANIK BUILDERS LIMITED, APPELLATE AUTHORITY FOR ADVANCE RULING, MAHARASHTRA has provided relief and Good News for All Flat Buyers with a Ruling that...
Banks must verify builder RERA compliance for withdrawals: Department of Financial Services
The move comes after Haryana Real Estate Regulatory Authority (HARERA) made a recommendation to the secretary DFS to issue instruction to all banks to...
Uttar Pradesh RERA: 5 Rules for Homebuyer Security
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has taken a significant step towards safeguarding the interests of homebuyers in the state....