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CREDAI warns of increase in housing prices if 18% GST imposed on FSI charges

CREDAI warns of increase in housing prices if 18% GST imposed on FSI charges

According to CREDAI, imposing GST on FSI charges—whether retrospectively or prospectively—would escalate project costs by as much as 10 per cent, pushing up housing prices across various regions of India

20 December,2024 05:15 PM IST | Mumbai | A Correspondent
Real estate investments in India reach historic high in 2024: Report

Real estate investments in India reach historic high in 2024: Report

Real estate institutional investments in India reached historic high levels at USD 8.9 billion across 78 deals in 2024

18 December,2024 12:25 PM IST | Mumbai | IANS
MahaRERA initiates scrutiny of all lapsed projects

MahaRERA initiates scrutiny of all lapsed projects

The notices have been issued to developers who have failed to update their project’s status and related information with MahaRERA even after the project’s completion date was initially submitted with the regulator

16 December,2024 12:43 PM IST | Mumbai | A Correspondent
Religious tourism driving residential demand in Tier 2 cities: Report

Religious tourism driving residential demand in Tier 2 cities: Report

These cities are emerging as residential hotspots, leveraging their cultural and spiritual significance

04 December,2024 04:07 PM IST | Mumbai | ANI
Court upholds death for Vietnam tycoon

Court upholds death for Vietnam tycoon

She had been convicted in April of embezzlement and bribery over the fraud amounting to US$12.5 billion, nearly 3 per cent of Vietnam’s 2022 GDP

04 December,2024 08:32 AM IST | Hanoi | Agencies
MahaRERA recovers Rs 200.23 crore from defaulted developers

MahaRERA recovers Rs 200.23 crore from defaulted developers

This includes Rs 46.47 crore from Mumbai city, Rs 76.33 crore from Mumbai suburban, Rs 39.10 crore from Pune, Rs 11.65 crore from Thane, Rs 9.65 crore from Nagpur, Rs 7.49 crore from Raigad, Rs 4.49 crore from Palghar, Rs 3.84 crore from Sambhajinagar, Rs 1.12 crore from Nashik and Rs 9 lakh from Chandrapur

02 December,2024 11:24 AM IST | Mumbai | A Correspondent
Mumbai records over 1.20 lakh property registrations till now in 2024: Report

Mumbai records over 1.20 lakh property registrations till now in 2024: Report

Higher value properties worth Rs 2 crore and above make up over 23 per cent of the property registrations, up from 17 per cernt earlier

01 December,2024 03:31 PM IST | Mumbai | IANS
Nobody wanted to give Kalki a house to rent in Mumbai after divorce with Anurag

Nobody wanted to give Kalki a house to rent in Mumbai after divorce with Anurag

In a recent interview, Kalki Koechlin revealed that following their divorce no one was willing to rent out a place to her in Mumbai due to her single status

30 November,2024 09:50 AM IST | Mumbai | mid-day online correspondent
Thane: Retired police officer scammed of Rs 20 lakh in fraudulent land deal

Thane: Retired police officer scammed of Rs 20 lakh in fraudulent land deal

A retired senior police officer was scammed of Rs 20 lakh in a land deal after the accused produced a forged title clearance document

29 November,2024 09:51 AM IST | Mumbai
Bombay High Court mandates linking with local bodies for buyer protection

Bombay High Court mandates linking with local bodies for buyer protection

To safeguard the interests of homebuyers and ensure transparency in real estate project registrations, the division bench of the Bombay High Court recently passed a six-point directive, which includes: linking all municipal corporations, municipalities, and urban local authority websites with MahaRERA portal within three months

26 November,2024 08:16 AM IST | Mumbai | Vinod Kumar Menon

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