Mukul Singhal: 600 complaints from buyers who hail from Gautam Buddha Nagar

By Accommodation Times Bureau Uttar Pradesh To discuss the flawless implementation of the Real Estate (Regulation & Development) Act (RERA),  Mukul Singhal, the Chairman of Uttar Pradesh RERA called a meeting with buyers, developers and officials from Noida, Greater Noida and Yamuna Expressway of Gautam Buddha Nagar. In the meeting, the Chairman informed

Longterm Lease Policy gets clearance under UDD for South Mumbai plots

By Accommodation Times News Service Under the new policy prepared by the Urban Development Department (UDD) and cleared by the state cabinet leases of these plots will be renewed, but not for more than 30 years Maharashtra cabinet cleared a much-awaited policy on leases for 160 plots, mostly in South Mumbai, housing

Sikkim in India to have Buddha Eco Park

By Pallavii Pitale The cities and towns in the North- Eastern regions of India are slowly developing and coming up with architectural marvels that are based on Green design aspects. A first of it’s kind project in the state of Sikkim and probably in the country , The Buddha Eco Park is

Old players may head 4 committees in BMC

By Accommodation Times Bureau MUMBAI With an eye on the Lok Sabha 2019 polls, Shiv Sena chief Uddhav Thackeray brings in its old players in the forefront to head the top four committees in the BMC. The four statutory committees—standing, education, improvements and Brihanmumbai Electric Supply and Transport undertaking (BEST) committees— are

Charges Received from members by Society are not taxable under Income Tax

By Accommodation Times Bureau ITO vs. Venkatesh Premises Co-op Society Ltd (Supreme Court) Principles of Mutuality: Receipts by housing co­-operative societies such as non­-occupancy charges, transfer charges, common amenity fund charges and certain other charges from their members are exempt from income-tax based on the doctrine of mutuality. The fact that the

Young Architect of the Year award goes to Sana Shaikh

By Accommodation Times Bureau The Young Architect of the Year award has won by  Arch. Mrs, Sana Moinuddin Shaikh. She is the Principal Architect and Managing partner of Dadamiya Group. Miss Shalini, Mr Darasingh Khurana Mr India and Shri. Hiranandani presented the award to Arch. Sana Shaikh. She works straightforward word attitude,

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

Nagpur civic authority cuts 200% extra tax on rented properties

By Accommodation Times Bureau NAGPUR On Thursday, Mayor Nanda Jichkar announced during a conference that, Nagpur Municipal Corporation (NMC) has decided not to levy any extra tax for rented properties. The relief has been given for both residential and commercial properties. Until now, rented properties were taxed at thrice the normal rate. A

Tamil Nadu RERA registers 17 new housing projects

By Accommodation Times Bureau CHENNAI The number of housing projects under Tamil Nadu Real Estate Regulatory Authority (TNRERA) is gaining its momentum. TNREARA registered 17 housing projects in a fortnight in December. Since the authority came into force in Tamil Nadu on June 22 this year, the number of housing projects have