Tag Archives: real estate

Government Passes New Norms To Revive Construction Sector

The Cabinet Committee on Economic Affairs (CCEA) yesterday sought to provide a positive push to the construction sector via a slew of initiatives to give a fillip to private participation and investments while also providing oxygen to revive stalled projects in the sector. The announcement that government agencies would pay 75% of the arbitral award

SC Favours Homebuyers, Comes Down Heavily On Parsvnath And DLF

Two of country’s biggest listed real estate developers lined up at the Supreme Court today in anticipation of a favorable order. The apex court was hearing appeals by builders against the top consumer court, the National Consumer Disputes and Redressal Commission recent verdicts favouring hundreds of distressed homebuyers.

Benami Transactions Law– Attempt To Check Black Money In Real Estate

Last month, the Lok Sabha passed a comprehensive Benami Transactions (Prohibition) Amendment Bill 2015, with the intent of bringing unaccounted money into the system, as well as seizing benami property and prosecuting those indulging in such activities. The three-fold objective – Amending the definition of benami transactions, establishing adjudicating authorities and setting up an Appellate

5 Reasons Why Buying Property On Ghodbunder Road, Thane Makes Sense

1. Affordable and modern homes Ghodbunder road seems like an ideal choice for the first time home buyers as the prices in the region are still quite easy on their pockets. The average price in this region is around Rs. 9,000 per sq ft which is cheap by the Mumbai standards. Besides, many developers here