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Sai Estate Broker Has Been Imposed Rs. 1.2 Lac Fine Und by SRNN. Sai Estate Broker Has Been Imposed Rs. 1.2 Lac Fine Under MahaRERA Regime The local RERA authority (RA) has directed the broker to stop advertising unregistered projects with immediate effect and fix all hoardings and banners and putting MahaRERA registration number on the same.

Sai Estate Broker Has Been Imposed Rs. 1.2 Lac Fine Und by SRNN

MahaRERA first issued a show-cause notice to the property broker. RERA mandates all the brokers to promote their respective projects after completion of the registration, which is overlooked by the brokerage agency. As per the Act, broker from advertising any project for marketing, booking, and selling apartments in any project that needs to be registered with the authority. Any kind of violation to RERA is subject to penalty and imprisonment. Property Broker To Be Penalized- MahaRERA Serves Its Fi by SRNN. Property Broker To Be Penalized- MahaRERA Serves Its First Notice Sai Estate Consultants- the guilt property broker has been advertising about several residential projects that have not been registered under the Maharashtra Real Estate Regulatory Authority (MahaRERA).

Property Broker To Be Penalized- MahaRERA Serves Its Fi by SRNN

Nevertheless, the broker has already registered itself with the RA. Yet, RERA orders that brokers to sell or further such activity in registered projects only. Existing Homebuyers Fear Their Interests Might Be Overl by SRNN. Existing Homebuyers Fear Their Interests Might Be Overlooked Under Government’s RERA Regime Despite union government’s repetitive compulsion states failed to submit their RERA rules by April 30, though RERA came into action on its scheduled time i.e. on May 1, 2017.

Existing Homebuyers Fear Their Interests Might Be Overl by SRNN

Again the authority gave another 3 months’ period buffer time to the states that have not finalized their rules. GST- Credit Input Might Benefit The Construction Sector by SRNN. GST- Credit Input Might Benefit The Construction Sector In an official statement ICRA declared, “Under the current tax regime the benefit of input tax paid is not fully available, the benefits arising out of input tax credit on the raw materials available under GST regime would result in an overall neutral tax incidence for the construction services.”

GST- Credit Input Might Benefit The Construction Sector by SRNN

GST rates might increase cost of the properties for infrastructure projects under implementation if there is poor built in crisis and the limited scopes for re-agreement of the contracts, as per ICRA. For the payment of input taxes under GST regime there is credit availability which can counter-balance the higher GST rates. Id the contractor acknowledges the benefit of higher input tax credit, the higher GST rates should be reduced the effect. Delhi Assembly Passes GST Bill, Demands Maximum Tax Sla by SRNN. Delhi Assembly Passes GST Bill, Demands Maximum Tax Slab Of 10% During the debate over GST, Leader of the Opposition Vijender Gupta claimed that as an ex-member of GST council the Deputy CM will always represent and emphasize upon his party’s GST demands rather than condemning the approach.

Delhi Assembly Passes GST Bill, Demands Maximum Tax Sla by SRNN

Objecting which Sisodia said that he had been speaking out for the tax rates for quite a while now. Sisodia urges the central government to make the GST MOM public so that people gets to see the live footage, in order to recognize the truthfulness of his statement. Payment Of Property Tax Deadline Has Been Extended By 1 by SRNN. Payment Of Property Tax Deadline Has Been Extended By 1 Month- Pune The Pune Municipal Corporation (PMC) standing committee has decided to extend the due date of online property tax payment for one month more enabling citizen to avail more tax discount of 2 per cent.

Payment Of Property Tax Deadline Has Been Extended By 1 by SRNN

The extended timeline is now June 30, 2017. Big news for Kolkata hombuyers home price dropped by 5% by SRNN. Big news for Kolkata hombuyers home price dropped by 5% Government is reforming the realty sector with RERA, GST, Smarty City, and Affordable Housing Sector etc.

Big news for Kolkata hombuyers home price dropped by 5% by SRNN

All the efforts are for drawing forth the accountability and transparency to the real estate sector as this sector plays a major role in country’s economy. Sell and Rent Your Property For Free On somanirealtors.net. Post Your Property Requirement In Kolkata. Flats Buy Or Sale In Kolkata. Sell and Rent Your Property For Free On somanirealtors.net. Post Your Property Requirement In Kolkata. Realtors Seem To Be Unsure Of GST Impact On House Price by SRNN. Realtors Seem To Be Unsure Of GST Impact On House Prices At the eleventh hour of GST implementation realtors have cited their confusion on post GST price correction of residential properties across the country, when Real estate apex bodies NAREDCO and CREDAI came up with conflicting assessments of the impact of GST on housing prices on last Wednesday May, 24.

Realtors Seem To Be Unsure Of GST Impact On House Price by SRNN

NAREDCO report refers that there will be no remarkable accession in residential property price in India for GST roll out. Homebuyers, are you aware of the no-go RERA 20:80 schem by SRNN. Homebuyers, are you aware of the no-go RERA 20:80 schemes?

Homebuyers, are you aware of the no-go RERA 20:80 schem by SRNN

Every day there is a new law unfolds. Post implementation of the Real Estate (Regulation and Development) Act, 2016 homebuyers still are in transition mode. RERA has made lives of builders, realtors, co-promoters hard-won with its law bounds. RERA aims to protect homebuyers’ rights. Central Buckles Down State RERA Dubiousness by SRNN. Central Buckles Down State RERA Dubiousness Seems like the central government has been watching every footstep of state governments and the government is well-aware of the ambiguity over rules of Real Estate Regulatory Act.

Central Buckles Down State RERA Dubiousness by SRNN

States that have notified their RERA drafts have found diluting the core value of RERA and most of them have not framed their respective Regulative Authority (RA) yet, which means there’s no powerhouse to monitor their activities as well as to update the center. Big news for Kolkata hombuyers home price dropped by 5% by SRNN. Realtors Seem To Be Unsure Of GST Impact On House Price by SRNN. 400 More Benami Deals, Attached Rs 600-Crore Properties by SRNN. 400 More Benami Deals, Attached Rs 600-Crore Properties Give the one, the other will follow. Seems like benami properties will leave all counts behind. IT department identified more than 400 benami transactions including bulk deposits in bank accounts, plots of land, flats or jewelry.

The Act, Benami property comprises movable or immovable property, tangible or intangible property, corporal or incorporeal property. GST Levies Additional 2.5% Tax On Flat’s Maintenance by SRNN. GST Levies Additional 2.5% Tax On Flat’s Maintenance Finance minister Arun Jaitley confirms that GST will come into action July 1 onwards across the country.

Under GST purview flats owners have to pay around 2.5% excess tax on the maintenance charges on the residential buildings. Flat owners who pay more above 5000 as maintenance barring the property tax, stamp duty, and electricity and water charges are considered to be charged this additional burden under this fresh tax regime. New maintenance charge taxable under GST is 18%. Flats Buy Or Sale In Kolkata. Sell and Rent Your Property For Free On somanirealtors.net. Post Your Property Requirement In Kolkata. GST Levies Additional 2.5% Tax On Flat’s Maintenance by SRNN. (GST benefits)- Residential Property Price May Slump By by SRNN. (GST benefits)- Residential Property Price May Slump By Up to 5% GST will turn out to be a benefactor to the home buyers.

As market is expecting up to 5 per cent drop in luxury residential property price across the country. Center and states have drawn a conclusion to fix the rates on completed apartments and houses at 12% bracket. GST allows credit for tax paid on inputs such as cement, steel, paints and other items which result lowering the actual tax burden. It shows an apartment worth price of 1 crore may reduce by Rs 3-5 lacs. State GST Bill Has Been Passed By Maharashtra Assembly by SRNN. State GST Bill Has Been Passed By Maharashtra Assembly Yesterday, on April 22, Monday, the State Goods and Services Tax (GST) Bill had been passed unanimously by the Maharashtra state assembly.

The bill was decided on the last day of a special session of the Vidhan Sabha of Maharashtra. CM Devendra Fadavnvis thanked everyone after the bill got passed by the lower house of the state legislature. All present political party members unanimously supported the GST feat. During the three-day special session the legislature discussed and bore out the GST Bill and flagstone country’s GST roll-out started on last Saturday.

Post-enquiry. Sell and Rent Your Property For Free On somanirealtors.net. Post Your Property Requirement In Kolkata. Government Flats Are Open To All- Bengal Government To by SRNN. Government Flats Are Open To All- Bengal Government To Conform Government Housing Price Rate Now present, retired government employees and even people who have been residing inside government housing without any legal evidence can purchase government housing by paying identical amount decided by the state government. West Bengal government is likely to reveal fixed property price for government housing estates. It’s jubilant news for people who are seeking low-budget flats in Kolkata.

The occupants can book such apartments within 180 days time period after the state government price declaration; else they will have to face an eviction. High Penalty Leverage To The Builders Who Don’t Regis by SRNN. Union Government Again Reminds States Not To Dilute RER by SRNN. Plot Promoters Are Now Taken Into The Account Of RERA by SRNN. Flats Buy Or Sale In Kolkata. Sell and Rent Your Property For Free On somanirealtors.net. Post Your Property Requirement In Kolkata. Maharashtra Approves Rs. 260 Crore For GIS Mapping Of U by SRNN.

Homebuyers Seek Extended Deadline Period For Submitting by SRNN. Jharkhand to bring in 2.22 lakh houses under PMAY: Jhar by SRNN. Flats Buy Or Sale In Kolkata. Sell and Rent Your Property For Free On somanirealtors.net. Post Your Property Requirement In Kolkata. Fear of RERA penalty reaches to the heights among the b by SRNN. RERA: The new watchdog of Indian realty by SRNN. High Court to crosscheck UP RERA implementation records by SRNN. Jharkhand to bring in 2.22 lakh houses under PMAY: Jhar by SRNN. Sell and Rent Your Property For Free On somanirealtors.net. Post Your Property Requirement In Kolkata. E-registration process- property documents will be link by SRNN. Sell and Rent Your Property For Free On somanirealtors.net. Post Your Property Requirement In Kolkata. Flats Buy Or Sale In Kolkata. 1 lakh urban affordable homes under PMAY by SRNN.

Sloth Of The State Governments Delays RERA Implementati by SRNN. PE investors are playing safe in realty investment- RER by SRNN. Affordable Housing Sector Rising High On Growth-$1.3 Tr by SRNN. Flats Buy Or Sale In Kolkata. Sell and Rent Your Property For Free On somanirealtors.net. Post Your Property Requirement In Kolkata. 10% Additional Interest To The Buyers Of Delayed Housin by SRNN. NCDRC: Exclusively registered home buyers’ authority by SRNN. Post Your Property Requirement In Kolkata. SBI And The Builders Association Sign a MoU For Easy Ho by SRNN. Post RERA Terror: Is Project Price Hike On The Cards by SRNN.

SC: Attest Within 12 Years Or Surrender Your Property T by SRNN. Govt. Aims At Supplying Low-Budget Flats (PMAY) In 15 S by SRNN. Pending Sections of RERA is Now Notified by the Ministr by SRNN. 10% Additional Interest To The Buyers Of Delayed Housin by SRNN. RERA Won’t Be Able To Castigate Builder For Their Pre by SRNN. Post Your Property Requirement In Kolkata. Even local authorities will be flogged under RERA for p by SRNN. SBI And The Builders Association Sign a MoU For Easy Ho by SRNN. Self-certified Building Plans Sanctioned For Chandigarh by SRNN. Chandigarh Realty To Avail GIS Mapping Facility by SRNN. Post RERA Terror: Is Project Price Hike On The Cards by SRNN. SC: Attest Within 12 Years Or Surrender Your Property T by SRNN. Govt. Aims At Supplying Low-Budget Flats (PMAY) In 15 S by SRNN. Pending Sections of RERA is Now Notified by the Ministr by SRNN.

Suffering buyers to understand hitherto RERA benefits by SRNN. Post Your Property Requirement In Kolkata.