The New Year promises to bring a gift for Millennium City residents. Two underpasses on the Delhi-Gurgaon expressway — at Signature Tower and Rajiv Chowk — are likely to be opened by January 10. Traffic trials are expected to start in the next few days at both. A third underpass at Iffco Chowk, though, is yet to overcome the land hurdle. All […]
The toll plaza at Kherki Daula on NH-8 will shift beyond IMT Manesar to Sehrawan, 15km down the road from its current location. The Haryana government on Tuesday announced it had transferred 65 acres of land in Sehrawan to the National Highways Authority of India to move the toll plaza there. The shift, which has been on the cards for a while, means […]
India witnessed a growth of 85 percent in property investments in the first nine months of 2017, compared to the same period last year. The deal volume is recorded at USD2.6 billion in the first nine months of 2017 as compared to 1.4 billion last year, says a report titled Of High Growth, Low Real […]
The Central Board of Excise and Customs (CBEC) recently issued a clarification regarding applicability of Goods and Services Tax (GST) on under-construction and ready-to-move-in property. GST was implemented on 1 July 2017. Read more about how GST will be charged when you buy a house, at what rate and at what stage. No GST on […]
MCG will be converting the stretch connecting Daulatabad flyover and Dwarka expressway into a four-lane road to ease traffic congestion on the route. The move will bring relief to hundreds of residents living in sectors along the expressway and areas such as Rajinder Park and Daulatabad. “This junction has always faced problems in terms of traffic congestion during peak hours. […]
As a landmark year for the real estate industry draws to a close, it’s time to review the major events of 2017 for Indian real estate and look at some upcoming trends in 2018. For the real estate industry, 2017 was a watershed year, with the roll-out of game-changing policies such as GST and RERA. […]
Loss of documents related to your property can be a hassle, especially when you are trying to sell it off. You should not take the matter lightly and try to get a duplicate copy of the documents. It is difficult to sell your property if the documents are missing. Here, you will come across the […]
TOI could access the schedules given by Supertech, Logix, IVR Developers Ambrosia, Sunshine Helios, Antriksh Golf View, Greater Value Sharanam and ColourfulEstatewhich, taken together, add up to around 15,000 flats that in various projects by these developers that are on trackfor delivery by the end of the month. Till the end of November, 10,000 flats were […]
Before the introduction of Goods and Services Tax (GST), paying multiple taxes in a complicated system was the biggest challenge faced by the real estate industry, thus resulting in disparity in property rates across the nation for which home-buyers bore the brunt. Today, under the GST regime, under-construction properties are taxed at 18 per cent, […]
Leading developer, M3M Group, has launched a massive tree plantation drive in Gurugram. Under the ambitious project, the real estate major in a period of one year aims at planting more than 14,000 tress in and around its project sites. Of the total proposed, 8,000 saplings have already been planted over the last eight months. […]