Much of the growth that the real estate sector is expected to witness this quarter will be on account of freebies and as a result of the regulatory mechanisms such as RERA being in place.
The real estate sector evolved following economic reforms but ran into hurdles due to inadequate self-regulation and lack of regulatory mechanism.
The increased hours for shopping and entertainment can have several implications such as rise in footfalls in malls, enhanced impulse purchasing and generation of revenues for hospitality retail
Plans to focus attention towards the development of Tier II, III and IV cities
Meeting in Guwahati on November 10 likely to look into issues related to construction, which needs to be “restructured”. Issues related to infrastructure will also be addressed
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The Standing Committee of the BJP-led North Delhi Municipal Corporation passed a resolution to extend the enforcement period of the National Capital Territory of Delhi Laws (Special Provisions) Act 2014, from the end of this year to December 31, 2020.
Malls, multiplexes, restaurants and even small shops can be kept open till late in the night, with the caveat that police permission is required.
The Housing Ministry's recommendation to the Ministry of Corporate Affairs that the IBC rules ought to be tweaked to make homebuyers “primary secured creditors” has been welcomed by troubled Jaypee and Amrapali homebuyers.
Hyderabad will see the largest number of new retail malls, as many as 11, that will more than double its current mall inventory
The housing ministry is in talks with the rural development ministry over the move and a decision on it was expected soon, the official said, on condition of anonymity.
PE (Permanent Establishment) is a fixed place of business which generally gives rise to income or value-added tax liability in a particular jurisdiction.
nless the entire chain of generation of cash is thoroughly cleaned up, bureaucratic interference reduces and a simple tax structure is introduced, GST and RERA will only act as another level or impediment for the sector.
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The bench, also appointed senior advocate Shekhar Naphade as amicus curiae (friend of court) to assist it and protect the cause of buyers
The Insolvency and Bankruptcy Board of India (IBBI) has amended rules to mandate that any resolution plan for a company has to explicitly state how it has dealt with the interests of all stakeholders
Net Sales are expected to increase by 13.2 percent Y-o-Y (up 50 percent Q-o-Q) to Rs. 373 crore, according to Edelweiss.
Net Sales are expected to decrease by 36.9 percent Y-o-Y (down 2.5 percent Q-o-Q) to Rs. 130 crore, according to Edelweiss.
Net Sales are expected to increase by 28.5 percent Y-o-Y (up 2.4 percent Q-o-Q) to Rs. 695.5 crore, according to Edelweiss.
Net Sales are expected to increase by 13.8 percent Y-o-Y (up 10 percent Q-o-Q) to Rs. 286.8 crore, according to Edelweiss.
The embattled Jaypee group today informed the Supreme Court that it wants to "hive off" the multi-crore Yamuna Expressway in order to generate money
This effectively means the transfer of pooled land to the DDA will not be required.
The deal by Allianz, a global real estate player, is the latest in a series of high-profile investments into Indian real estate by institutional investors this year.
Transfer of pooled land to DDA not required; Single window approvals for speedy execution
The matter will be discussed in the next meeting of the GST, which will be held on November 9 in Guwahati.