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SEBI Makes Another Attempt To Make REITs And InVITs Attractive
Markets regulator Sebi today decided to further relax in norms for REITs and InvITs in a bid to make these instruments more attractive for raising capital. Several attempts are being made to garner due attention from business houses in the country but all the efforts failed leading to Sebi reconsidering the proposal to give further
Haryana Government Notifies VAT At 1%, But Confusion Still Persists
In what comes as a huge relief to developers and buyers in Haryana, the state government, via a recent notification, has fixed (Value-Added Tax) VAT at 1.05% for all real estate projects. The chronic confusion was put to rest through the introduction of much-awaited ‘Amnesty Scheme’. – Haryana government notifies VAT at 1.05% – Notification
Will Kamathipura Be Mumbai’s Next Property Hotspot?
Kamathipura in South Mumbai was once infamously known as Asia’s second largest red-light district. The area was associated with Mumbai’s seedy underbelly and only the poorest of the poor made a home here. But Kamathipura is set for a makeover, with several landlords coming together to start a mega-redevelopment project here. · Used to be
See How Mumbaikars Are Cleaning Up Beaches After Ganesh Chaturthi
Ganesh Chaturthi – it is festive, colourful and loud. But it also generates a lot of waste. In fact, Mumbai city generated a whopping 1,083 tonnes of waste around various immersion spots across the city, during the festival. Not a great way for the Elephant god to end his birthday celebrations. Many groups of Mumbaikars