Charges for Institution and Change of Land Use: Andhra Pradesh

By Accommodation Times News Services Section 28 of the Andhra Pradesh Urban Areas (Development) Act, 1975 prescribes for the imposition of Development Charges on persons instituting or changing any land use, and undertaking or carrying any development. The use of land and buildings are classified into the following categories: Industrial, Commercial,

DDA notifies applicable charges for change land use

By Accommodation Times  Bureau DELHI The Delhi Development Authority (DDA) has notified the applicable charges to vide Notification for allowing permitted changed land-use in industrial plots, as residential (GH)/ commercial/ hospital. The Central Government by way of modifications in the Master Plan 2021 has already permitted residential use, (Group Housing) on any existing

How has GST changed the functioning of Real Estate?

By Accommodation Times Bureau On the completion ‘One Year of GST’ various real estate players, housing finance firms, and others expressed their views on it and even gave the suggestion of what needs to be changed. The experts are CEO, MD, and CMD of their firm/company.   Arvind Hali, MD and CEO, ART

Will change in carpet area or possession date attract Section 12?

By Dr. Sanjay Chaturvedi LLB, Ph.D. Vaibhav Singh V/s Radius & Deserve Builders LLP (CC006000000001159) Order dated: 7th March 2018 The complainant claims his amount with interest and/or compensation under Section 12 of The Real Estate (Development and Regulation) Act, 2016 from the respondents as the respondents changed the date of the

‘Warehousing’ transitioning through a revolutionary phase: Defining the Indian realty landscape

By Mr. Antao AV, Chief Operating Officer, Synergy Property Development Services Warehousing which was once sidelined in the larger scheme of things, is now rapidly gaining prominence across the Indian realty sector. There are many factors, at the micro and macro-economic level that are coming to play, making warehousing an attractive

MMR to get more low-cost houses

MUMBAI To boost ‘housing for all mission’ of Prime Minister Narendra Modi in private sector, the Maharashtra government has decided to adopt a policy of offering incentives by permitting 2.5 Floor Space Index (FSI)  to all the low-cost housing projects under Pradhan Mantri Awas Yojana (PMAY). The government has also allowed 1 FSI on

Recommendations made on GST Rate changes on services by GST Council Meeting

By Accommodation Times Bureau NEW DELHI The Union Finance Minister Arun Jaitley Chaired the 25th Meeting of the GST Council in New Delhi today. The Council has recommended many relief measures regarding GST rates on goods and services covering many sectors and commodities.  The Council has also recommended issuance of certain clarifications on issues