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News Updates

08 Jun20

West Bengal CREDAI seeks for the aid of the realty sector to Bengal CM

The developers of west Bengal has got the help from the state on certain packages like waivers on taxation and deductions on stamp duty of the properties when the real estate industry was drowning under heavy debts and at a halt due to Covid-19 pandemic. The CREDAI (The Confederation of Real Estate Developers Associations of India) of west Bengal also urges for property and municipal tax waivers including postponing the sanction fees of projects and validity extension of sanction plans for

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20 May20

Notification of amendments on CGST Laws by Finance ministry

With retrospective amendment of CGST the centre got more expanded time for the disbursal of input tax credit. In the amendment of CGST which is related to the transitional arrangements and is more effective for input tax credit. So the expanded time limitation helps to avail the pending input tax credit under the existing law. This amendment is to support the problems for everyone excluding the ruling petitioner for claiming the pending input tax credit or ITC till the date of June 30.

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29 Apr20

Post Coronavirus Impact Across the Country

The coronavirus pandemic has shattered the whole world and it is a big event taken place globally which has a great impact on the economy of the country and also on the other essential works. Though this turmoil will be solved soon but it has some severe outcome which will need time to recover soon. Companies with e-commerce facilities will last with profit gains The companies which has the facilities of e-commerce and can also gain some profits by providing essential materials.

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18 Mar20

What is The Importance of Will for Dividing the Property?

Most of the Indian property holders hesitate in making of wills for the division of the property as they cannot able to trust the fact of will. Though the property owners need to make a will for easy passing the property according to their choice.  Importance of will It is not mandatory but still, some people strongly believe that wealthy, old and diseased people need to make a will. But basically, the person who becomes financially active should make a will. Anyone can make a will who

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14 Mar20

Why Bidhannagar is the Best Locality in Kolkata?

Bidhannagar is a locality is growing up rapidly and making drastic changes in Kolkata real estate as it has many multinational companies, ongoing metro connectivity and it is included in smart city categories. This place lies in the north-east part in Kolkata also leading towards constructions of metro lines with sector 5 also enhancing the demand of residential units. This place is under the administration of Bidhannagar Municipal Corporation. The BMC Commissioner wants to change the

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04 Feb20

What Indian Realty Sector Availed in 2020 Budget?

A second budget in 2020 has been introduced by the finance ministry; Nirmala Sitharaman is the Union Budget of 2020-21 on February 1. Nirmala Sitharaman explained that the dynamics of the economy have a drastic change and also bought stability in the conditions of macroeconomy. Banks are ensured to clear the loans generated previously and also used for recapitalization. IBC got the providence of exit from the companies. To grow the economic situation, there were several steps are also kept in

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13 Nov19


Government of India has recently announced the Real Estate Revival Package (Special Window OR Alternative Investment Fund - AIF) of Rs. 25,000 Cr. (by Government of India Rs. 10,000 Cr. and the rest 15,000 Cr. by SBI, LICI, etc.) as debt financing for stalled affordable & mid-income housing segment projects. “We welcome the move by government of India to revive Indian real estate industry. However, there are critical issues which need clarifications like – What about the

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24 May19

West Bengal’s hot staying demanded Housing destination : Newtown

There are many who wonder if Newtown is an appropriate area to stay. In a span of few years, Newtown has completely changed its appearance from what it used to be.The very question that comes in mind right after this is which is a suitable place to stay, which is the most demanding area and why. Let Liyaans take you through a virtual trip with the help of this article. Newtown is spread out in a huge area starting from Action Area 1 to Action Area 3 all these areas are still under

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24 May19

Uncertain About Hiring a Real Estate Agent

When we get stuck with something legal we hire a lawyer to guide us through.Even though there is unlimited information promptly available online despite those, we still require help from someone who happens to know the subject better than us. Similarly, when it comes to buying a property particularly when one is interested in investing in the upcoming residential projects in Kolkata, you would not want to make any mistakes, as even one tiniest mistake could result into a big hitch later. Since

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