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A cooperative housing society developing a mega residential project in Sector 49 of Faridabad is in the dock with the Haryana Government cancelling its licence to develop a residential plotted colony for allegedly not adhering to terms and conditions of allotment. In his order, K. Makrand Pandurang, Director, Town and Country Planning (DTCP) cancelled the…
Already bought a house? New GST rates may not apply to you Developers can choose between the old and new GST rates for existing under-construction projects Any new under-construction project that is launched after 1 April will have to adhere to new GST rates The change Before the February GST Council meeting, the GST on…
Karnal: Signature Global, the pioneers of affordable housing, is proving its worth by delivering projects within the time limit. Contribute the most towards Prime Ministers vision of ‘Housing for all 2022’, it has achieved distinction of delivering Sunrise in Karnal six months before the stipulated time. The construction of the project in Sector 35, Karnal, was…
Union and state governments on Sunday decided to lower Goods and Services Tax (GST) on under construction housing properties to 5% from an effective 12% in a pro-consumer decision ahead of national polls due by April-May. GST rate on affordable housing projects too has been lowered from an effective 8% to 1%. Under-construction properties priced upto Rs. 45 lakh…