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As tax authorities tighten their grip on property transactions, landowners who enter Joint Development Agreements (JDAs) with builders are now under scrutiny for potential tax evasion.
- 20th Nov 2024
- 1129 Views
Builder-buyer agreements must be registered after paying 10% of the property's worth, which concerns Noida and Greater Noida real estate developers. This requirement, they say, puts homeowners under a lot of financial pressure early on.
- 8th Nov 2024
- 1152 Views
The GST Council's GoM proposes increasing the affordable home price barrier from ₹45 lakh to ₹55 lakh. If authorised, this might help budget homebuyers by matching GST incentives with growing property prices and increasing housing accessibility throughout India.
- 3rd Nov 2024
- 1156 Views
MahaRERA's groundbreaking mandate requires developers to mention agent commissions, broking fees, and charges in sales agreements with licensed real estate agents. This requirement strengthens agents' official roles in transactions and improves openness and accountability in real estate transactions
- 26th Oct 2024
- 1175 Views
Hindustan Unilever (HUL), a major consumer products company, leased a 600,000-square-foot warehouse in Bhiwandi, near Mumbai. The Mumbai Metropolitan Region (MMR)'s biggest warehouse transaction in recent years is this 7-year arrangement.
- 24th Oct 2024
- 1174 Views
Kanakia Spaces entered two distinct agreements to undertake the redevelopment of large housing societies in Borivali, a prominent suburb in Mumbai.
- 4th Oct 2024
- 1176 Views
Project delays may be a major issue for homebuyers. Delays ruin plans and cost money and mental energy. Here are five sensible methods to avoid legal issues and streamline the home-buying process.
- 29th Sep 2024
- 1168 Views
The House of Hiranandani has signed agreements to redevelop five housing societies in Mumbai's Chembur suburb, a significant step towards urban renewal. These redevelopment projects, which encompass approximately 15 acres, offer a development potential of over 1.7 million square feet.
- 15th Sep 2024
- 1208 Views
Prestige Estates Projects' subsidiary Prestige Exora Business Parks purchased its partner's land parcel and development rights in Pune's desirable Kharadi neighbourhood. Land of about 4.5 acres was acquired for approximately ₹200 crore.
- 6th Sep 2024
- 1210 Views
Table Space, a managed workspace provider, will spend $100 million (₹840 crore) in office assets, include a ₹450 crore agreement with Panchshil Realty for 900,000 square feet of space in Pune. Table Space will make many acquisitions to extend its presence in India's main cities.
- 21st Aug 2024
- 1214 Views
Nearly half of the ownership in Bengaluru-based real estate developer Sobha was sold in block agreements for around ₹857.70 crore by a company owned by the Godrej Industries Group family office.
- 27th Jul 2024
- 1211 Views
Indian property rental agreements favour landlords, making them difficult to understand. Understanding why tenants typically lose out as rental values rise in top cities is crucial. This imbalance has five main causes, highlighted in this blog on Ghar.
- 14th Jul 2024
- 1255 Views
Searching for a Mumbai rental house is tricky. Rent or licence a property after researching legislation and market trends. Ghar's post outlines important aspects for a happy life.
- 14th Jul 2024
- 1214 Views
The Yamuna Expressway Industrial Development Authority (YEIDA) has formalized a concession agreement with Bayview Bhutani Film City, a special purpose vehicle (SPV), to develop an expansive film city in Noida. This major initiative aims to bolster the film industry in Uttar Pradesh.
- 28th Jun 2024
- 1249 Views
Maharashtra Real Estate Regulatory Authority (MahaRERA) has ordered the termination of sale agreements between a developer and purchasers who missed payment deadlines in an unprecedented action.
- 23rd Mar 2024
- 1429 Views