NHAI’s four-lane highway project, connecting Pataudi and Rewari, has been put on fast-track. NHAI has already expressed intent to acquire land in Rewari and Gurugram districts. The highways authority is hopeful that by July, they will start work on the 45km project. Officials have said since the highway will run parallel to NH-8, it will take significant traffic load…
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Spurred by the Modi government’s ‘Housing for all by 2022’ programme, and combined with other incentives given to homebuyers, affordable housing is likely to remain in focus in 2019 Industry experts say that even though commercial realty hogged the limelight in 2018, affordable housing is going to give it a tough competition — not only…
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The Group of Ministers (GoM) has recommended 5 per cent GST without input tax credit on under-construction housing and 3 per cent GST on affordable housing. Prime Minister Narendra Modi on Wednesday said that the Goods and Services Tax (GST) has brought down tax rates in the real estate sector along with easing business operations…
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To bring buyers back to the real estate market, a Group of Ministers set up by the GST Council is studying the feasibility of two very bold proposals, ET Now learn from sources. The first proposal–and one that states may not favour–is to charge buyers Zero GST on the purchase of a property categorized as…
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