Category: Real Estate News

Regular newsletters compiled and published by Spacio Realtors covering important and newsworthy updates related to Indian real estate and Mumbai in particular.


 

Realty News September 2017 Issue 1

September 2017 Vol 01 Next round of bad loans may be from Realty Bankers have a new worry these days ­ real estate ­ after being laid low by infrastructure and steel for more than four years. With the collapse of new projects and many existing ones getting stuck after the introduction of Real Estate […]

Realty News August 2017 Issue 2

August 2017 Vol 02 Multiple Cap gains investible in one new house The Income-Tax Appellate Tribunal (ITAT) has held that a taxpayer can invest capital gains for the second or third time towards the same `new’ house property. Tax benefits cannot be denied on this ground, provided the cost of the new house is within capital […]

Realty News August 2017 Issue 1

August 2017 Vol 01 BMC passes city Development plan The Development Plan for the city has been  passed in the BMC. The resolution will now be sent to the state government with 266 amendments proposed by various political party leaders and over 2,000 civic planning panel recommendations. An official from the DP department of the BMC […]

Realty News July 2017 Issue 2

July 2017 Vol 02 Realty Market gets a boost as Foreign, Domestic Institutions infuse big money In the backdrop of an ongoing transformation in business environment, Indian real estate is witnessing a robust rise in investment as both foreign and domestic institutional investors are infusing more funds into the sector. The Indian property market has […]

Realty News July 2017 Issue 1

July 2017 Vol 01 BMC passes proposal to remove property tax on sub-500 sq ft flats BMC has passed a proposal to exempt all houses up to 500 sq ft from property tax ­ the biggest poll promise by the ruling Shiv Sena during civic elections. The proposal, which was passed unopposed in the civic […]

Realty News June 2017 Issue 2

June 2017 Vol 02 `India tops list of nations receiving remittances’ Indians working across the globe sent home $ 62.7 billion last year, making India the top remittance-receiving country surpassing China, according to a UN report. The `One Family at a Time’ study by the UN International Fund for Agricultural Development (IFAD) said about 200 million […]

Realty News June 2017 Issue 1

June 2017 Vol 01 Realty buyers in state to now pay VAT on staggered payments In a move that would impact all real estate transactions across the state, the Maharashtra government has issued a notification to levy value added tax (VAT) based on staggered payments received from home buyers. With this, buyers making payments before June-end […]

Realty News May 2017 Issue 2

May 2017 Vol 02 Mumbai ranks 24th in Luxury Home Price Rise Mumbai ranked 24th among 41 cities globally with 1.1% price rise of luxury homes for the year ended March 2017 Guangzhou in China was first n the global list of 41 cities with 36.2% price growth, according to `Q1 2017 Knight Frank Prime […]

Realty News April 2017 Issue 1

April 2017 Vol 01 75% of port land allotted for open spaces, roads As much as 75% of the 858 acres (390 hectares) of Mumbai Port Trust (MbPT) land will be a green zone and earmarked for open spaces and streets, according to a draft plan prepared by the consultant. Last November, a consortium of HCP […]

Realty News March 2017 issue 2

March 2017 Vol 02 Invest now, Regret never Is real estate still the best bet when compared to other asset classes? Our experts certainly think so! And they substantiate this claim with strong reasoning as well. Real estate is one of the most stable assets; It can generate an ongoing income source; It can also rise […]
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