Recently, the Supreme Court bench ruled that the Power of Attorney (PoA) holder can sell the property and register the sale by merely producing a copy of the Power of Attorney and that the original document was not mandatory for registration of the sale. … Read more
TDS norms on sale of immovable property to be tweaked: Government Proposes!
Tags: TDS
Union Budget 2022, announced by the Finance Minister Nirmala Sitharaman in Parliament and the other Budget documents, lays out a government proposal of amending Section 194-IA of the Income Tax Act with Section 43CA and 50CA the law.… Read more
In Taloja, Navi Mumbai, CIDCO has launched a mass housing development
Tags: CIDCO
The City and Industrial Development Corporation (CIDCO) has begun construction on a 5,730-house massive housing project. The online reservation period will run from January 27, 2022, to February 25, 2022.… Read more
Scope Of Single Window Green Clearance Portal PARIVESH
Tags: Realty Portal
Finance Minister Nirmala Sitharaman, while announcing the Budget 2022-23, said that the single-window portal ‘Pro-Active Responsive facilitation by Interactive and Virtuous Environmental Single-window Hub’ (PARIVESH) was launched for giving a green nod to projects & it has been significantly instrumental & efficient in reducing the time required for clearances and stressed that its scope will be expanded to provide information to applicants.… Read more
Property tax rise for FY 2022-23 gets rejected by the South Delhi civic authority
Tags: Delhi
In the Financial Year (FY) 2022-23, the South Delhi Municipal Corporation (SDMC) has chosen not to raise property taxes. … Read more
Pune civic body mandates the use of treated water for construction
Tags: Pune
The Pune Municipal Corporation (PMC) has made it compulsory for construction sites to use treated greywater for all their construction activities. … Read more
The Omicron COVID version will not have an immediate influence on the real estate market: CREDAI
Tags: trends
The apex association for property developers emphasizes that the long-term impact is still to be determined… Read more
According to Mohit Goel, the real estate sector would emerge as a strong pillar to support India’s $5 trillion GDP ambition
Tags: trends
During 2021, the housing industry emerged as a prominent investment option. … Read more
IRDAI will establish a property insurance center
Tags: Insurance
NEW DELHI: The Insurance Regulatory and Development Authority of India (IRDAI) agreed on.… Read more
