MCHI-CREDAI says LBT will further burden home buyers
Track2Realty: The voice of the real estate industry in Maharashtra, MCHI-CREDAI today opposed the Government’s decision to introduce LBT saying it goes against the home buyers’ interests.
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Regulation
CREDAI Chairman says LBT will lead to rise in corruption
Track2Realty: Opposing the Maharashtra government’s decision to impose local body tax (LBT) in lieu of octroi, developers’ apex body CREDAI Chairman Lalit Kumar Jain said the new levy will result in rise in corruption and be detrimental to business as well as consumers. There is a potential threat of it becoming breeding ground of corruption.
New property tax to hit Bengal real estate sector: CREDAI
Track2Realty: The real estate sector in West Bengal would be hurt if a proposed tax on property sales is introduced in the Finance Bill 2013, the Confederation of Real Estate Developers’ Association of India’s (CREDAI) Bengal chapter said on Wednesday, May 8.
Realty regulatory bill to recognise only carpet area
Track2Realty-Agencies: The proposed bill to regulate the real estate sector would make it mandatory for the development authorities to clear the building plan on the basis of carpet area, a top government official said on Saturday, May 4.
SC breather for Campa Cola residents
Track2Realty: In a reprieve for 140 families of Campa Cola Compound at Worli spending sleepless nights over the sword of demolitions hanging over their head, the Supreme Court on Wednesday, May 1, posted a special leave petition by a group of residents for hearing on Thursday.
Haryana govt notifies Development and Regulation Act
Track2Realty-Agencies: Haryana government has notified the Haryana Development and Regulation of Urban Areas (Amendment) Act, 2013 to regulate land use in the state.
Bill to regulate real estate will not clip wings of players’
Track2Realty-Agencies: The proposed bill to regulate the real estate sector seeks to establish a transparent system of delivery and would not hamper the growth of the sector, a top government official has said.
Single window plan for real estate projects soon: Maken
Track2Realty-Agencies: In a move aimed at providing a major fillip to the construction sector, the Centre is likely to come up with a ‘single window’ system for the country’s real estate sector soon, Union Minister for Housing and Urban Poverty alleviation (HUPA) Ajay Maken said in New Delhi on Sunday, March 24.
CREDAI disappointed over RBI monetary policy
Track2Realty: Expressing disappointment over the RBI’s decision to cut repo rate by “just” 25 basis points, realtors’ apex body CREDAI said the central bank appears to missing opportunities time and again.
MCHI-CREDAI slams new property tax, backs consumer
Track2Realty: Strongly opposing the new property tax structure proposed by Brihanmumbai Municipal Corporation (BMC), realty estate developers body MCHI-CREDAI has extended support to the consumer agitation against the new slabs.
Photo Gallery
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Corporate lineage in realty-I
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Most awarded yet least reliable; realty awards misleading-III
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Connaught Place main street rentals increase by 12%; Noidsa’s mall rise 10%: Cushman & Wakefield
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Omaxe Limited promoters to dilute stake on May 21 at Rs. 148 per share
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Most awarded yet least reliable; realty awards misleading-II
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Promoter or professional driven-III
