Realty Times

16/11/2023

16/11/2023

Yeeeey ! भारताची न्यूझीलंडवर मात.

23/05/2023

Gurugram-based realty firm Ganga Realty has announced that it will invest Rs 750 crores to develop its first affordable housing, named 'Tathastu' in Gurgaon. The project is located in Sector 5, Sohna- Gurugram and is at 20-min distance from the proposed metro station. It will also share an easy connectivity with IGI Airport and KMP Expressway.

22/05/2023

K Raheja Realty, owner and developer of real estate since 1956 announces the launch of Tower G in its ready-to-move-in residential property Raheja Residency in Malad East. The premium project by the developer adorned with all the comfort and conveniences for city life has opened sales for 20-storey starting April 2023.

22/05/2023

The newly formed executive committee of the Ghaziabad Municipal Corporation has rejected the civic body’s proposal to hike house tax and referred the matter to the Board. The committee has, however, cleared the corporation’s proposed budget of Rs 1367.82 crore for the financial year 2022-23. The budget will now be presented before the GMC Board for its final approval, officials have said.

22/05/2023

With realty being one of the largest employment generators that attracts workers from across the country, the Telangana government has proposed the setting up of skilling infrastructure in the state in partnership with real estate bodies to create higher employment opportunities for locals.

22/05/2023

The DTCP (Department of Town and Country Planning) has cautioned certain developers for constructing temporary offices near their ongoing projects without obtaining permission from the department.
According to the DTCP, these site offices are in violation of regulations and causing financial losses. On Sunday, the office of the district town planner (planning) issued guidelines to approximately 50 developers for failing to seek permission prior to establishing site offices.

22/05/2023

The West Bengal bench of the Appellate Authority of Advance Rulings (AAAR) has upheld an earlier ruling and said that sale or right to use a car park is not naturally bundled with construction services. Thus, it will not be treated as a composite supply and will attract GST at the higher rate of 18%.

22/05/2023

Embassy Property Development, a leading real estate firm, intends to slash its debt of ₹8,800 crore by more than a third in the upcoming two quarters by divesting specific assets, including its office park in Chennai spanning 5 million square feet, a development known as N2 within Embassy Manyata.

22/05/2023

The group is looking to monetise around 16 acres owned by ACC in Thane near Mumbai, this person said, adding that the group was expecting up to ₹500 crore from the transaction. A large chunk of Adani Group's real estate assets is owned by privately held Adani Properties.