Gautam Hari Singhania-led Raymond has the potential to generate a income of ₹25,000 crore by growth of its land financial institution in Thane. The Group has about 100 acres of land in Thane with 11.4 million sq ft RERA authorized carpet space, of which about 40 acres are presently beneath growth. There are 5 ongoing … Read more
The Maharashtra Actual Property Regulatory Authority has floated a dialogue paper that mooted that actual property builders ought to open three financial institution accounts in a single financial institution earlier than they will apply to register a undertaking. The three accounts ought to be a set account for the undertaking, a separate account for the … Read more
The GST Council is prone to quickly make clear that the Actual Property Regulatory Authority (RERA) is not going to be required to pay Items and Providers Tax (GST), an official stated. In response to the official, RERA, which capabilities as a regulator in addition to facilitator for the realty sector, is roofed beneath Article … Read more
With the Maharashtra Actual Property Regulatory Authority cracking down on builders who fail to furnish their quarterly progress studies (QPRs) on time, compliance ranges have elevated remarkably within the state. Of the 480 initiatives registered in April, 222 filed quarterly progress studies inside the prescribed time. Within the occasion of non-compliance, MahaRERA places initiatives on … Read more
The Actual Property (Regulation and Improvement) Act (RERA) has gained momentum in addressing client complaints, with State authorities resolving 1,16,300 instances as of November 28, 2023, in line with knowledge from the Ministry of Housing and City Affairs. Out of the overall, Uttar Pradesh led with 38 per cent (44,602 instances), adopted by Haryana with … Read more