Work on the Sohna elevated road project is likely to commence by next month as the National Highways Authority of India (NHAI) has said it will remove encroachments along this road in Badshahpur village over the next 15 days. The NHAI and district administration will demolish encroachments by shops and houses at the Badshahpur village…
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SLASH The GST council brought down the tax rate on under-construction projects from 12% to 5% We expect the cut in tax rates to stimulate demand for real estate projects. This will also bring about a positive change in the consumer sentiments. RAJEEV TALWAR, chairman, National Real Estate Development Council.To encourage supply, the government must…
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In a big relief to home buyers, the GST Council on Sunday slashed tax rates on under-construction housing properties to 5 per cent without input tax credit, from the existing 12 per cent, finance minister Arun Jaitley said. Highlights GST council expanded the scope of affordable housing to those costing up to Rs 45 lakh…
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The Haryana government has initiated the process to prepare a master plan for a new city that it wants to carve out in Faridabad district over an area of 56,000 hectares. The new, yet unnamed city is likely to incorporate some of Faridabad’s current urban areas, though it’s rural Faridabad that will contribute most to…
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