News articles tagged Government Regulations

Haryana RERA Mandates Green Building Certification for Sustainable Gurgaon Developments

Haryana's real estate regulator introduces mandatory green certification for residential projects, aiming to promote energy-efficient practices and eco-friendly construction in Gurgaon.

The Real Estate Regulatory Authority (RERA) may soon receive clarification on tax exemptions from the GST Council.

The GST Council is expected to clarify that the Real Estate Regulatory Authority (RERA) will be exempt from GST. This decision follows concerns that GST effectively taxes state governments.

Indian daughters’ and daughters-in-law’s property rights

This article explores the property rights of daughters and daughters-in-law in India, detailing changes in the Hindu Succession Act and recent Supreme Court rulings.

Delhi should immediately outlaw any non-essential projects.

Due to worsening air quality, Delhi has enacted GRAP-3, banning non-essential construction. This action may significantly delay the 4.5 lakh residential units under construction in Delhi NCR.

Telangana Land Records with Survey Numbers Map

The Telangana government provides online land records through the Dharani portal; however, a surge in data correction requests is raising concerns, prompting calls for updates.

Punjab Building and Other Construction Workers Welfare Board

The article elucidates the applicability, benefits, required documents, registration process, and potential penalties associated with the BOCW Act in Punjab.

The Impact of GST on Renting of Residential Property in India

Amendments to GST regulations now make renting residential properties to GST-registered individuals taxable, effective July 18, 2022, impacting reverse charge mechanisms.

MahaRERA projects may get property cards soon

Maharashtra plans to issue property cards to apartment owners in MahaRERA-registered projects. These cards will detail carpet area, utilities, loan info, and land extract.

Greater Noida authority reduces transfer fee on real estate transactions

Greater Noida Authority has decreased real estate transfer fees on resale properties. For residential properties, transfer fees have been reduced to 2.5%.

DTCP launches online portals to buy affordable home in Gurugram

The DTCP has launched an online portal to streamline the affordable housing process, ensuring transparency and timely refunds for buyers following numerous complaints about unfair practices.

Maharashtra: Slot-booking mandatory for property registration in April

Maharashtra makes slot booking mandatory for property registration in April due to COVID-19 restrictions, potentially impacting revenue collection.

56,000 Applications to Convert Agricultural land to Non-Agricultural use

Gujarat received 56,000 applications to convert agricultural land for non-agricultural use in 2019-2020, generating over Rs. 2,000 crore in revenue.

Nitin Gadkri Expressed his Concern Over Rising Cement Price!

Union Minister Nitin Gadkari criticizes cement factories for price hikes, citing challenges for infrastructure projects

Ban on registering the Unapproved plots in Tamil Nadu

The Madras High Court has reinstated the ban on registration of unapproved plots in Tamil Nadu and seeks details on applications violating the 2016 ban order. A special sitting is planned to address the issue.

30 SEZs have been given more time

Several developers, including Posco-India, Unitech, and Lodha, requested more time for SEZ projects, citing market instability. The government is implementing reforms to boost SEZ investments.

Most Delhi structures are not quake resistance

Delhi is highly vulnerable to earthquakes, falling under seismic level IV. Many buildings lack proper safety codes, raising concerns about the readiness to handle a severe quake.

Govt to curb down on fraud in property deeds

New norms are drafted by the stamp duty and registration department to reduce the increasing property transaction frauds. Individuals authentication and birthmarks declaration are added.

SEZ developers seek more time for projects

Top SEZ developers in India, like TCS and Parsvnath Infra, are seeking more time to complete projects, citing global slowdown and market changes. Government to discuss on Nov 8.

DDA to keep strict vigil on wrong address allotments

The DDA has issued new norms to its officials to address concerns over its wrong address policy and alleged corruption in flats allotment, including forensic verification of documents.

Cabinet draws guidelines to apply Land Acquisition act

The Government has finalized rules for the Land Acquisition Act, emphasizing fair compensation and transparency. Public comments are invited within 45 days.

Ahmedabad Authority (U.D) Halts Conversion Of Agri. Land

Ahmedabad Urban Development Authority (AUDA) has frozen agricultural land conversion, affecting investors planning farmhouses. Only 5% conversion is allowed, impacting land sharks.

CREDAI Doubtful Over The Success Of MIDC Policy

CREDAI expresses reservations regarding the potential success of MIDC's updated SEZ policy, which allocates additional land for housing development. They insist concessions must be offered.

Allahabad HC Demand CBI Probe against Noida Authorities

Allahabad High Court removes Noida CEO and Chairman amidst allegations of land allotment scam. CBI to investigate real estate land deals.

CREDAI to Handle Corruption in Real Estate Sector

CREDAI presented an action plan to address corruption in the real estate sector to the Union Urban Development Minister. They highlighted the damaging impact of corrupt practices on the industry's reputation and called for government support in streamlining approvals and reducing delays.

Building Bylaws Violated In Jaipur

Rajasthan's 2000 regulation allows unauthorized constructions by paying penalties, impacting urban planning and leading to misuse of land for commercial purposes in residential areas.