Know How to Claim Refund under GST
While seeking a refund under GST Laws, the refund application shall be accompanied by:
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MahaRERA Efforts at Peak to Attract Builders for Registration.
MahaRERA allowed developers to advertise and market their on-going projects till the end of 90 days from the date of notification of the Act i.e. till July 31st but after that, they have to register themselves
Value of Supply
Value of supply is the value on which tax shall be levied. Section 15 of the Central GST Act 2017 states that the value of a supply of goods or services or both, shall be the transaction value.
RERA in Tamil Nadu
The Government of Tamil Nadu has missed the deadline for the assurance of RERA Rules although a draft copy has been released which is subject to ratification.
Registration of Ongoing Real Estate Project in Delhi
As per section 3 & 4 of ‘Real Estate (Regulation & Development) Act, 2016 readwith rule 4 of above Rules, for the real Estate projects that are ongoing
Registration of Ongoing Real Estate Project as on enactment of RERA – Rajasthan
As per section 3 & 4 of ‘Real Estate (Regulation & Development) Act, 2016 read-with rule 4 of above Rules, for the real Estate projects that are ongoing and have not received completion certificate
RERA registration for Existing Projects in Maharashtra
The real Estate projects that are ongoing and have not received completion certificate or occupancy certificate, on the date of commencement of the Act, i.e. 01/05/2017, the respective promoter shall be required to get registered with RERA
RERA Registration for Ongoing projects in Gujarat
As per REDA, no promoter can sell/book/advertise or enter any agreement for sale any part of the project without prior registration with RERA authority.
UP Government Has Rewritten RERA Rules Resulted In Dilution of Pro-Developer Clauses
The new rules, bring all ongoing projects where completion certificate was not issued on May 1, 2016, when Real Estate Regulation Act (RERA) was notified under its ambit.
Points! How RERA Is Impacting Real Estate Market
The act is expected to revive confidence property buyers have on realty sector by making builders and property brokers more accountable for delivering projects on time.
Registration of Ongoing Real Estate Project as on enactment of RERA – Uttar Pradesh
Real Estate projects that are ongoing and have not received a completion certificate, on the date of commencement of the Act, the promoter shall, within a period of 3 months from the date of commencement.
Wait! Till 31st July for RERA Compliant Homes
There is a large chunk of unsold inventory across the locations and available with almost all the builders. They would in all likelihood be trying to offload them and even offer a reduced rate along with other freebies. Buyers showing renewed interest in this market have to be cautious as the chances of falling into a trap could be high.
Registration of Ongoing Real Estate Project as on enactment of RERA – Delhi
Real Estate projects that are ongoing and have not received a completion certificate, on the date of commencement of the Act, the promoter shall, within a period of 3 months from date of commencement, shall make application in triplicate for registration of the project.
RERA Is To Protect The Interest Of The Allottees
All State/ Union Territories for prepare Rules and set up Real Estate Regulatory Authority (RERA) with the sole motto to regularize the real estate sector.
Is Real Estate Market Effected by Real Estate Regulation and Development Act(RERA)?
Builders are already saddled with under construction projects and will face tough times in bringing them under RERA, complying with new norms, arranging funds that they would have already diverted and then completing those within the new agreed time period.
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