Industry News - Real Estate Rules N Regulations

Industry News Content

Real Estate Firms Seek Assistance From Finance Ministry Regarding GST Notifications 06 March, 2024

Real estate firms have reached out to the finance ministry for help following GST authorities sending notices to 27 major and medium-sized developers regarding intra-group royalty payments for using b...

Scheme Offers Hope for Small Homes on Kolkata Outskirts 05 February, 2024

Real estate industry leaders stated that a special housing scheme aimed at the middle class, including those living in rented houses, slums, and unauthorized colonies, could help boost sales of afford...

West Bengal: New Home Stamp Duty Rule 18 January, 2024

The state has now updated the registration process for flats and houses to align with RERA guidelines. Instead of the previous norm of registering based on super built-up area, homes will now be regis...

MahaRERA: Single Registration for Each Project 18 January, 2024

The Maharashtra Real Estate Regulatory Authority (MahaRERA) now requires each standalone project to have a single registration number in order to protect the interests of homebuyers. The regulatory au...

Sebi Proposes New Rules for REITs and InvITs 11 January, 2024

On Wednesday, Sebi released a consultation paper that includes recommendations for altering the terms and conditions of subordinate units by Real Estate Investment Trusts (REITs) or Infrastructure Inv...

2024 and Beyond: The Evolution of Indian Real Estate 29 December, 2023

As we approach a new year, it's a good time to look back on the path the Indian real estate sector has taken in 2023 and consider what lies ahead for us in 2024. In 2023, the residential housing mark...

Bidhannagar Police seek PG info from New Town RWAs 23 December, 2023

Bidhannagar Police has begun requesting Resident Welfare Associations in New Town to pinpoint flats converted into paying guest accommodations. They aim to create a database of non-resident paying gue...

Haven’t linked your PAN with Aadhaar? Pay 20% TDS for Property Purchase 12 December, 2023

If you're planning to buy a property, make sure to link your Aadhaar and PAN cards. Additionally, confirm with the seller that they have also linked their documents. Otherwise, you may need to pay a 2...

Big Property Projects must pay for Water Infrastructure Development 29 November, 2023

The Kolkata Municipal Corporation has announced that it will impose a charge for water infrastructure development on medium and large real estate projects in the city. This charge will be collected fr...

Telangana RERA issues notices to builders for violations 20 November, 2023

The Real Estate Regulatory Authority (RERA) has taken strict action against real estate firms selling unregistered open plots and flats. Notices have been issued to several firms as a result. Neemsbo...

West Bengal Govt Prohibits Night Demolition in Congested Areas 09 October, 2023

The department in charge of urban development and municipal affairs has released a set of 19 guidelines to ensure that proper precautions are taken during the demolition of buildings located in densel...

Builders Can't Get 3 yrs to Finish Stalled Projects: FPCE. 31 August, 2023

The Federation of Indian Chambers of Commerce and Industry (FICCI) has proposed that real estate developers should only receive concessions for legacy stalled housing projects, and that defaulting bui...