Search Results: UPA government (116)

Advocacy

Labour shortage a perennial problem of Indian real estate

Ram Kirpal is a construction worker in Noida. However, this daily wage earner is not a regular employee or even contractual worker with any real estate company or contractor. He goes back to his native place, Purnea in Bihar, on each harvest season and agriculture continues to be his main occupation. He works on construction sites in Noida only when there is no agricultural work back home. He is part of the bigger problem that the Indian real estate faces – labour shortage! A Track2Realty report.

Finance GST Tax, GST Real Estate, India Real Estate News, Indian Property News, Real Estate Taxes, Under Construction GST

GST to dampen rental housing market

Ramneek Patel, an MNC executive in Gurugram is on a company leased accommodation and the HR is deducting INR 40,000 per month for his rented apartment. Now that the Goods & Service Tax (GST) has been imposed for rental residential units to companies, he has been told by the company that the said liability will be passed on to the employees living in company leased apartments. They can otherwise find an apartment on their own.

Column Dinesh Semwal, Ensaviour Technologies

A healthy indoor climate & remote operation for efficient facility management

Worsening the situation at a frightful angle is the global pandemic attack, which led governments to struggle with the new lockdown measures and brought big shifts in the stock markets. Its aftermath will be one of the biggest business challenges of our time – “will employees re-enter the office space?” Workers are concerned about the disinfection strategies being used by commercial complexes.

Finance Budget Expectation, Union Budget 2021-22, Budget and Real Estate, Budget and Home Buyers

Builder-buyer concerns juxtaposed with Union Budget 2021-22

Union Budget every year is the time when all the stakeholders of the Indian economy look up to the Finance Minister with optimism. Track2Realty noted that across the industries the wants & needs of the demand & supply side are not as juxtaposed as with the real estate. While the developers lobby hard to get the best deal out of the Union Budget, the buyers have their own set of choices and concerns. The Finance Minister is expected to walk a tightrope to balance the concerns of various stakeholders.

Brand Rating Home Buyers Protest

Hawelia imposes high CAM during lockdown at Valenova Park; residents protest

The buyers of Valenova Park have questioned that at a time when the District Administration of Gautam Buddh Nagar has warned the maintenance of Eros Sampoornam to stop hiking maintenance charges during the lockdown  or else face arrest, how come Hawelia is hell-bent to charge maintenance without giving them any facilities, other than water and limited electricity with diktat to use it economically.

Editorial Balvinder Kumar, Member, UP RERA in an interview with Ravi Sinha

Star Rating to be the game changer of real estate: Balvinder Kumar, Member, UP RERA

Balvinder Kumar, member of the UP RERA is no stranger to the functioning of the real estate and the government agencies. As a former bureaucrat, he has seen it as an insider with many key positions, including his stint with the high profile Delhi Development Authority (DDA). In an exclusive interview with Ravi Sinha, he shares his roadmap for making RERA an ideal platform for due diligence as well.  

Market Rating Noida Extension Property, Greater Noida West Property, Properties in Noida Extension, New Launches in Greater Noida West, Investment in Greater Noida West, Builder Buyer Conflict, Buyers Protest in Noida Extension, Project Delays in Noida Extension, Affordable Market of Delhi NCR, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Investment in Property

Why are Noida Extension buyers sulking?

Track2Realty has in its possession various exchanged mails between the buyers and the builders which not only defies any civilized business correspondence but is also in contravention with the law of the land.  In one such mail with a delayed project for more than three years, the builder has the audacity to put on record that they would refund only with some deductions, forget about delayed penalty. Incidentally, the builder has accepted unaccounted cash with the said buyer and hence the buyer knows the real fallout of the exit.

Consumer Connect Noida Extension Property, Greater Noida West Property, Properties in Noida Extension, New Launches in Greater Noida West, Investment in Greater Noida West, Builder Buyer Conflict, Buyers Protest in Noida Extension, Project Delays in Noida Extension, Affordable Market of Delhi NCR, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Investment in Property

Noida Extension classic case of killing a micro market

By the late evening the area bears a deserted look. Local youths with no source of livelihood are on prowl to pounce over what in their understanding is elite class living in apartments. And this so-called elite class is dawn to dusk EMI serving class, helpless to save the little bit of luxury showered on the family with hard earned money.  

Column GST, GST on Property, GST on Home Buying, GST on Under Construction Property, GST on Ready to Move Property, India real estate news, Indian realty news, Real estate news India, Indian property market news, Investment in property

Major implications of the GST rate cut

This is a major push to the housing sector as aspiring home buyers now have a wider range of options to choose from. Additionally, developers would be enthused enough to commit towards offering more residential options in the affordable category.

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