Governor stresses to invest more in water recycling and rain water harvesting

By Accommodation Times Bureau Governor of Himachal Pradesh Acharya Devvrat said that increasing Water pollution and decreasing groundwater level has emerged as the biggest problem today. Understanding the naturally-evolving water enhancement system and developing an action plan accordingly was the need of the hour, he added and said that if no action

UP govt allocates Rs 1,667 lakh for PMAY- R target

By Accommodation Times Bureau LUCKNOW: The Uttar Pradesh government has sanctioned a total amount of Rs 1, 666.67 lakh by way of the second instalment in the current financial year to construct houses targeted for the year 2018-19 under the Pradhan Mantri Avas Yojna-Rural (PMAY-R). The sanctioned amount includes Rs. 1000 lakh

Dubai developer planning to invest Rs 500 Cr in Mumbai realty

By Rohit Sharma MUMBAI: Gemini Group, a real estate developer based out of Dubai is planning to invest Rs 300-500 crore in Mumbai property market. The company is planning to launch its first project in Mumbai’s prime location by the first quarter of 2019. Sudhakar Rao - Chairman, Gemini Group, told Accommodation Times that,

IIFL Home Finance disburses Rs 440 crores CLSS subsidy to 20,000 people under PMAY

By Accommodation Times Bureau MUMBAI: IIFL Home Finance Ltd, today said that it has disbursed over Rs 440 crores to about 20,000 beneficiaries under Credit Linked Subsidy Scheme (CLSS) of Pradhan Mantri Awas Yojna. CLSS is the flagship scheme of Government of India’s Pradhan Mantri Awas Yojna (PMAY) which aims to house

Chapter IV: Gaothan Plots through Tripartite Agreements

By Advocate S. R. Agarwal There is a recent trend that the plots allotted by CIDCO to the Project Affected Persons under 12.5% Gaothan Scheme (GES) are transferred on the payment of the prescribed transfer charges to the third parties and these Transferees are mostly Builders or Developers and also Housing Co-Operative

Finance Ministry issues effective tax rate on complex, building, flat

By Accommodation Times Bureau NEW DELHI: It is brought to the notice of buyers of constructed property that there is no GST on the sale of the complex/ building and ready to move-in flats where the sale takes place after an issue of completion certificate by the competent authority. GST is applicable