Newsblare

newsblare logo

Sign in

Advisor Network Economic & Finance Laws & Registration Laws & Taxes Market Overview Real Estate

4 Years on, RERA Registers 63,583 Projects, Disposes of 65,539 Complaints

Project registrations see 58% jump in last 2 years – nearly 40,155 projects registered as of April-end 2019 Uttar Pradesh has disposed of the most complaints in 4 years (nearly 26,510 cases), followed by Haryana with 13,269 cases & Maharashtra with 9,265 cases; the 3 states together accounted for 75% share of disposed cases Of […]

Read More
Business Clothes & Apparels Economic & Finance Fashion Laws & Taxes Market Overview

Leather Products May Go Costlier From Next Financial Year

The demand of leather products has risen from the last two decades, it is now become a prominent industry of India. Fashion, Footwear, Furniture, Interior, and Automotive are the main sectors which derived the demands of leather products. Indian leather product is around 13% of the world’s total production of skins, and 10% of world’s […]

Read More
Advisor Network Economic & Finance Laws & Registration Laws & Taxes Market Overview Real Estate

Decoding FM’s Limited-Period ‘Safe Harbour’ Ordinance

COVID-19 in 2020 caused much upheaval across sectors including Indian real estate. Though residential property demand was quick to see signs of revival after the lockdown relaxations last year, government intervention at regular intervals became a necessity. Given the situation prevailing back in November 2020, one intervention to boost housing demand amid the pandemic was […]

Read More
Advisor Network Economic & Finance Laws & Registration Laws & Taxes Market Overview Real Estate

How Union Budget 2021-22 Works for NRIs

In the whole debate about how the COVID-19 pandemic impacted Indian economy – and what was expected from Union Budget 2021-22 to revive it – the very important market community of non-resident Indians (NRIs) cannot be side-lined. As per the World Bank, India is said to have received inward remittances of approx. USD 75.9 Bn […]

Read More
Advisor Network Economic & Finance Laws & Registration Laws & Taxes Market Overview Real Estate

Budget 2021-22 – Affordable and Rental Housing, Infra Get Push

Considered ‘the Margaret Thatcher moment’ for the FM, Union Budget 2021-22 was literally a make-or-break event. The circumstances are unprecedented – it is the first budget presented after a pandemic which shattered the economy globally, and in India. The impact of the pandemic has been catastrophic with early govt. estimates indicating a 7.7% contraction in […]

Read More
Banking & Insurance Economic & Finance Laws & Registration Laws & Taxes Personal Finance Vehicle

How to Get a Two Wheeler Loan: A step by step guide…

In life, there are many financial milestones that give us a sense of accomplishment such as purchasing vehicles, owning a house, etc. You may think that you just graduated and reaching that first milestone is probably a couple of years away. That is why we want to tell you everything you need to know about […]

Read More
Advisor Network Economic & Finance Laws & Taxes Market Overview Real Estate

Maha Cabinet approves 50% reduction in all premiums recovered from real estate sector

As per the Deepak Parekh committee, as on date there are as many as 22 premiums collected in Mumbai under various heads – including FSI, staircases, lift well, lobbies, etc. This is significantly higher than in all other comparable top cities in the country. For instance, in Bengaluru developers have to pay 10 different premiums […]

Read More
Economic & Finance Laws & Registration Laws & Taxes Market Overview Real Estate State & Urban

50% of Real Estate Cases Under IBC Closed in 2020

SWAMIH Fund has already sanctioned INR 12,079 Cr for over 81,000 units across 123 projects in the country By 2019 end, nearly 5.76 lakh units (launched in 2013 or before) valued at over INR 4.64 lakh Cr were delayed/stalled in 7 major cities In Jul-Sept. 2018, of 209 real estate CIRPs, just 33% were closed; […]

Read More
Advisor Network Economic & Finance Laws & Taxes Market Overview Real Estate State & Urban

Real estate’s expectations from 2021-22 Union Budget

Have the government and RBI done enough to bail out the economy – and, by implication real estate? After all, the real estate industry remains one of the most precise bellwethers of the state of India’s economy. While the country waits for the first vaccines to roll out, Union Budget 2021-22 presents several opportunities to […]

Read More