CM approves Change of Land Use policy

By Accommodation Times Bureau Haryana Chief Minister, Manohar Lal has approved the policy for grant of Change of Land Use (CLU) permission for commercial purpose in municipal areas of the state. While stating this here today, Urban Local Bodies Minister, Kavita Jain said that the policy would be applicable in the residential

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,

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

Telangana Govt to bring major changes in land record administration

By Accommodation Times Bureau HYDERABAD The Telangana Authority would soon introduce a system for administration of land records which is similar to core banking network, used in banks. The system aims at assisting instant changes in land records whenever any transaction takes place, thus avoiding delays in the process. Chief Minister K Chandrasekhar Rao

Change in carpet area rule may increase housing demand in Karnataka

By Accommodation Times Bureau BENGALURU Under Pradhan Mantri Awas Yojana (urban), the centre aims to provide affordable houses to all by 2022. According to a recent move by the centre to increase the carpet area for residences eligible for interest subsidy under the Credit-Linked Subsidy Scheme (CLSS) has come as a benefit

Impact of mill land on Mumbai’s skyline

By Dr Sanjay Chaturvedi, LLB, PhD Accommodation Times Bureau Mill land has suddenly become most important subject for real estate development in Mumbai. The magnitude of the land is very vast. Mumbai, commercial capital of India, is having scare land and vast potentiality to develop it. Private participation in developing Mumbai cannot