One Year of GST: Real Rstate needs a few aspects to be tweaked says Hiranandani

By Dr. Niranjan Hiranandani, President, NAREDCO MUMBAI: The Goods and Services Tax (GST) has undisputedly, been the biggest reform for the Indian economy since 1947, as also a paradigm changing event for the real estate industry. On completion of the first year under the GST regime, Dr. Niranjan Hiranandani, President, National Real

IIFL Home Finance Ltd creates platform to promote green affordable homes

KUTUMB is an extension of social and environmental initiatives taken by IIFL Home Finance Limited— such as affordable housing loans, Swachh Bharat and Women Education and Empowerment By Accommodation Times Bureau One of India’s largest HFCs, IIFL Home Finance Limited recently created ‘KUTUMB’, a platform to promote benefits of green architecture in

Will the anguished home buyer return to under-construction properties?

By Nibodh Shetty, Consultant - Research, Knight Frank India The government has been trying hard to bring back buyer confidence for committing to under-construction properties by asking states to implement RERA, which would safeguard the buyer’s interests. Maharashtra has been the first state in India to have implemented RERA by notifying

Re-Development of 7 govt colonies to increase Green Area Coverage by 3 times

By Accommodation Times Bureau NEW DELHI The re-development of seven colonies will lead to increase the green area coverage by about 3 times from the existing green space area, the Ministry of Housing and Urban Affairs (MoHUA) said today. Seven colonies are Nauroji Nagar, Netaji Nagar, Sarojini Nagar, Mohammadpur, Sriniwaspuri, Kasturba Nagar and

Govt invites comments from public on draft cross-border insolvency framework

By Accommodation Times Bureau NEW DELHI The Ministry of Corporate Affairs (MCA), Government of India on Wednesday, invited comments and views from stakeholders on introductory note and draft on ?Cross-Border Insolvency'. The MCA is keen to introduce a globally accepted and well-recognised cross-border insolvency framework, fine-tuned to suit the needs of aspirational Indian

Smart Cities Mission: Shillong selected as 100th Smart City

By Accommodation Times Bureau NEW DELHI The Ministry of Housing and Urban Affairs (MoHUA) on Wednesday said, Shillong, has been selected as 100th Smart City after evaluating the proposal submitted by it. Till now, under the Smart Cities Mission 99 cities had been selected in four rounds of competition and with today’s announcement, selection

20:80 Subvention Scheme covered under Section 18 if Agreement for Sale is Executed

By Dr. Sanjay Chaturvedi, LLB, Ph.D. Naman Agarwal & Others V/s Reliance Enterprises and Dewan Housing Finance Ltd (CC006000000001788) Order dated: 28th March 2018 The complainants have filed this complaint u/s. 18 of Real Estate Regulation and Development, Act 2016 (RERA). They contend that they booked Apartment No. 904, A-Wing of Respondent