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BUILDER LOBBY
Property buyers alert: Verify carpet area on UPRERA portal and don’t buy apartment on the basis of super area, advises UPRERA AuthorityUP RERA is strongly advising homebuyers to purchase properties based on carpet area, not super built-up area. This ensures buyers pay only ...- Where is the cartelisation?: SICMA President N Srinivasan questions builder lobbySrinivasan said there was a necessity for a body like SICMA owing to the vast growth that has taken place in the cement industry. He went o...
- Modi and Yediyurappa governments have launched 'diabolical attack' on the lives of farmers: SurjewalaSurjewala was referring to the amended APMC and land reforms Act in Karnataka and the three contentious farms bills passed by Parliament, a...
- Proposed amendment to insolvency law: Jayant Sinha to meet homebuyers' lobbyAbout 10 days ago, the Forum for People’s Collective Efforts had written to the committee saying the threshold requirement was suggested by...
- Builders lobby for 5% GST, with credit for taxes on inputsCurrently, the levy is 18% with a 33% abatement, resulting in an effective tax rate of 12%.
- You may have to pay more for a flat in MumbaiState passes bill to impose 1% surcharge on buying, gifting or mortgaging flats.
- No change in real estate law, Puri tells buildersJune 30 has also been set as the deadline for establishing permanent regulators, start websites and the tribunals as prescribed in the law,...
- Randeep Singh Surjewala accuses Khattar govt of 'diluting' RERA Act"The Manohar Lal Khattar government has played into the hands of builders lobby by sacrificing the claims of ordinary home owners at the al...
- Builder lobby often cheats home buyers: PM Narendra ModiThe layout areas of the flats that are delivered are less than the areas that is promised at the time of booking flats, he said.
- Activists, builders oppose SRA's proposed amendment in DCRA notification in this regard was issued by the SRA last month, which drew flak from various stakeholders, who strongly opposed it.
- Delay in real estate bill increases pain for home-buyers, brings relief to buildersOf the 39 recommendations made by the parliamentary standing committee, NDA government has accepted 23, which include bringing residential ...
- Will probe high-rise apartments violating laws in Bengaluru: Karnataka CM Siddaramaiah"We will inspect above 15-meter-tall apartments & initiate stern action against builders violating construction norms," said Siddaramaiah
- Environment Ministry limits ambit of clearances for realty projectsThe environment ministry, under pressure from real estate and builder lobbies, and state governments, has limited the ambit of clearances.
- Developers to embrace transparent practices while selling their projects to homebuyersProminent developers have decided to disclose built-up area of flats, along with super area, in a bid to increase transparency in their dea...
- Government’s orders: Pay only for carpet area, not super built-upMonsoon session may see policy that imposes stricter punishment on builders who quote built-up area prices; developers are not amused
- Builder lobby wary of change in Maha leadershipThe builders' biggest fear is that the incentive FSI given in lieu of public parking, a scheme that had Chavan's stamp of approval, will be...
- BJP plans privilege motion against PawarThe BJP planning to bring in a breach of privilege motion against Pawar for his statement linking saffron camp with builder’s lobby.
- Chandrashekhar resignation puts govt in the dockThe Deshmukh government will be seen surrendering to the builders lobby if Mr Chandrasekhar is relieved of his charges
- Govt seeks Centre’s nod to use salt pans for mass housingThe Maharashtra government is batting for mass housing for the poor.
- Congress wants govt to form a housing sector regulatorThe Congress wants the Maharashtra government to create a regulatory mechanism to deal exclusively with the housing sector.
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