GST officially launched in India
NEW DELHI (INDIA): The Goods and Services Tax (GST) came into force at midnight, amid a historic midnight session in the Central Hall of Parliament. President Pranab Mukherjee, Prime Minister… Read more »
Monthly Archives: June 2017
Get forms for new DDA housing scheme in Delhi
NEW DELHI (INDIA): Minister of Urban Development M.Venkaiah Naidu today launched the Delhi Development Authority’s offer of 12,072 houses under ‘DDA Awasiya Yojana-2017’ of which over 99% houses are meant… Read more »
10 Railway stations identified for smart redevelopment based on feasibility assessment
NEW DELHI (INDIA): Ten railway stations have been identified to roll out redevelopment of stations on self-financing basis through land monetization in synergy with the Smart City Mission of the… Read more »
REITs in India – Opportunity Awaits
By Ramesh Nair – CEO & Country Head, JLL India Considering the capital-intensive nature of the commercial real estate sector as an investment avenue and also the limited investment opportunities… Read more »
Narendra Modi approves Rs.3691.09 crore for six laning in Uttar Pradesh
NEW DELHI (INDIA): The Cabinet Committee on Economic Affairs, chaired by the Prime Minister of India Narendra Modi, has given its approval for development of six laning of Chakeri-Allahabad section… Read more »
Court dismisses bail pleas of 3 directors of Earth Infrastructure
NEW DELHI (INDIA): Three directors of real estate group Earth Infrastructure Ltd, accused in three cases of duping over 8,500 buyers by not giving possession of their properties, have been… Read more »
Piramal Enterprises to raise up to Rs 500 crore via NCDs
The board of diversified group Piramal Enterprises has approved a proposal to raise up to Rs 500 crore through issuance of non-convertible debentures (NCDs) on a private placement basis. At… Read more »
ILFS Fund exits Indiabulls’ Worli project for Rs 358 crore
NEW DELHI (INDIA): Indiabulls Real Estate has given exit to ILFS Fund from its housing project in Mumbai by acquiring 10 % stake for Rs 358 crore. Mumbai-based developer now… Read more »
Impact of GST on residential real estate
By Anuj Puri, Chairman – ANAROCK Property Consultants The switchover to the GST regime is undoubtedly one of the biggest tax reforms in post-independence India. From July 1 2017, GST… Read more »
Ready or not, businesses brace for biggest-ever tax reform
MEERUT (INDIA): Businessman Pankaj Jain is so worried about the impending launch of a new sales tax in India that he is thinking of shutting down his tiny textile factory… Read more »