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NEW DELHI: The Indian real estate sector anticipates transformative policy changes in the upcoming Union Budget 2025, with key stakeholders advocating for industry status, tax reforms, and enhanced financial incentives to boost investment, streamline operations, and stimulate demand across the sector. Industry status and financial reforms A long-standing demand of the real estate sector has …

Real estate sector seek industry status and fiscal reforms in Budget 2025, – Homevior Read More »

Representative image PATNA: The court of Real Estate Regulatory Authority (Rera) chairman Vivek Kumar Singh has issued warrants of arrest against the directors of three construction companies. The order was passed to recover an amount of about Rs 21 lakh from the builders, which is to be paid to three aggrieved home buyers, an official …

Bihar RERA issues arrest warrants against three builders, , – Homevior Read More »

Representative image MUMBAI: Rural Development and Panchayat Raj Minister Jayakumar Gore has instructed the system to work towards providing all the Gharkul beneficiaries with their rightful houses under the Pradhan Mantri Awas Yojana , including giving priority benefits to the landless homeless under the Gharkul Yojana. A review meeting of the Konkan Division related to …

Gharkul beneficiaries to get priority under PMAY: Maharashtra minister, – Homevior Read More »

NEW DELHI: With Union Budget 2025 set to be presented by finance minister Nirmala Sitharaman on February 1, real estate stakeholders have high expectations for policy interventions that can stimulate the sector. Among the top demands are rationalizing the Goods and Services Tax (GST) and enhancing tax incentives for homebuyers to make housing more affordable …

Real estate sector seeks GST reforms and tax incentives to boost growth, – Homevior Read More »

NEW DELHI: The expectations from the upcoming budget 2025, to be presented by Nirmala Sitharaman, finance minister of February 1, 2025, are running high. Developers are urging the government to exempt goods and services tax (GST) on joint venture (JV) agreements to streamline transactions and reduce tax burdens in real estate collaborations. They also want …

Real estate industry anticipates increased tax incentives for affordable housing, – Homevior Read More »

Representative image INDORE: Indore Municipal Corporation (IMC), which identified around 6,000 residential structures in the construction of 22 major roads and riverside development works, has only about 200 flats ready to shift the affected families. This has forced the civic body to prioritise the projects. As per the official data, IMC identified a total of …

Indore civic body faces housing shortage for families affected by development projects, – Homevior Read More »

Representative image KOLKATA: A day after Kolkata Municipal Corporation (KMC) announced that the under-construction building on Christopher Road, on which an older building tilted, would go under the hammer first next week, residents who bought flats there demonstrated outside the building on Tuesday. They demanded compensation from the civic authorities before the demolition begins. “We …

Residents protest as KMC plans demolition of unsafe building on Christopher Road, – Homevior Read More »

NEW DELHI: ASK Property Fund, the real estate arm of the Blackstone-backed ASK Asset & Wealth Management Group, has invested Rs 245 crore for the development of a residential project in Sector 104, Dwarka Expressway, Gurugram. With a total saleable area of approximately 1.2 milion sq ft, the project has an aggregate revenue potential of …

ASK Property Fund invests Rs 245 crore in Satya Group’s project in Gurugram, – Homevior Read More »

Representative image MUMBAI: BMC is creating a new removal of encroachment tracking and management system with improved features to help keep track of complaints of unauthorised construction, including status of complaints, their pendency, and redress at various levels, and to ensure transparency. Citizens will also be able to know if a particular building or flat …

Mumbai civic body to upgrade its system to track encroachments, – Homevior Read More »

Representative image NEW DELHI: Delhi High Court has given its approval to a resident of a multi-storey building to install a private lift on the ground floor, ruling that public interest and compliance with necessary approvals outweigh individual grievances, provided adequate safeguards are in place. Justice Ravinder Dudeja on Monday rejected a plea from the …

HC approves private lift installation in multi-storey building in south Delhi, – Homevior Read More »