UD ministry approves DDA’s land pooling policy

By Accommodation Times News Services The Ministry of Urban Development has approved the regulations for land pooling policy in Delhi, the decision will bring development of about 100 residential projects across the outer part of the capital. The Delhi Development Authority’s (DDA) policy was approved with five amendments like amendments timely external development of necessary infrastructure

FAQs on GST on Real Estate

By Accommodation Times Bureau   Q. 1) Whether sale of a Flat / House by a builder / developer is a supply of a service or a sale of immovable property under GST law? Ans. 1) As per the clause 5(b) of the Schedule II of CGST, Act, 2017, construction of a flat / house

How can the upcoming Union Budget revive realty sector?

Ashvita Singh Accommodation Times News Service To gauge realty sector in present scenario, it can be said that the stakes are high and so are the expectations. With the entire industry and its ancillary segment reeling under the aftermath of demonetisation and RERA, upcoming Union Budget could be their sole saving grace. There’s

Indian Millionaire shifting investment within Real Estate Asset Class

By Accommodation Times Research Bureau Instead of projects, Indian Millionaire shifting their investments to companies and players. The conventional way of investment in properties is changing. The investment in under construction project is risky and depend on external forces to complete. Where investment in the company through instruments like Debentures and

NDMC to end manual applications for building permits by May 15

By Accommodation Times News Services From 15th May 2016 New Dlehi Municipal Council will stop taking manual applications for building permits, it will only accept proposals submitted online. While making a presentation  on the new online procedures at a workshop of 'Ease of Doing Business' , Chairman of New Delhi Municipal Council

Project Delays, Project Deviations And Other Customer Woes

Accommodation  Times News Services By Anuj Puri, Chairman & Country Head, JLL India Reams of newsprint have been dedicated to discussing the sufferings of consumers in the Indian real estate sector. Particularly, home buyers’ woes related to late delivery of projects, deviation of housing projects from promised quality, additional payments due to