If realtors do not exercise the option, they will be covered under the lower tax rate of 5 per cent and 1 per cent wef April 1 and will not be entitled to avail tax credit on inputs.

This Delhi micro-market offers excellent road and Metro connectivity with all the required amenities.

With students enrolling for higher education in the country growing at a rate of nine per cent annually, we examine the potential of the student housing segment and whether it can emerge as a viable real estate asset class

The GST Council, on March 19, 2019, approved a transition plan for the implementation of the new tax structure for housing units, revenue secretary AB Pandey said. As per the plan, builders will be allowed to choose between the old tax rates and the new ones for under-construction residential projects, to help resolve input tax credit (ITC) issues.

Seven months after the Supreme Court ordered a forensic audit of Amrapali group to track misuse of homebuyers' money, the final report said illegal diversion of over Rs 3,000 crore led to the financial collapse of the group, leaving thousands of investors stranded.

The Brihanmumbai Municipal Corporation (BMC) has asked commercial establishments running from the dilapidated Esplanade Mansion in south Mumbai, to down the shutters for the time being. It is a historical building, recognised by UNESCO as a heritage structure but now considered hazardous. The building, formerly known as Watson Hotel, was built with cast iron fabricated in England and holds the distinction of hosting the first-ever film screening in India in 1896.

The sub-registrar of societies in Vasai division, has served notices to 19 cooperative housing societies, after receiving a complaint that these housing societies were preventing non-Catholics from renting, purchasing flats or becoming members. These cooperative housing societies are a part of the Citizen Housing Complex at Naigaon, in Palghar district of Maharashtra, neighbouring Mumbai.

Lack of clear guidelines and apprehension of possible controversy around transition of unutilised input tax credit as on 31 March 2019, has been a key issue for the sector.

Bandra (West)- Linking Road is sought after for its good schools, hospitals and retail outlets. The social infrastructure is a highlight, as is the availability of premium sea-facing properties.

Peeved over delays in getting possession of flats, a section of home buyers in Noida and Greater Noida have started an initiative, pledging to use the NOTA (none of the above) options, instead of voting for any candidate in the Lok Sabha elections

The SOP would bring relief to homebuyers as around 80% complaints reaching MahaRERA pertain to delay in project completion.

The Mumbai-based firm commenced operations in 2010 as an integrated facility management company, but later ventured into project and construction management as well as real estate advisory and consulting services.