Real Estate Regulation and Development Bill 2013: Positive Step says National Real Estate Developers' Council

The National Real Estate Developers' Council (NAREDCO) wants rules & regulations governing real estate industry to be rationalised. It said large portion of the inconsistencies emerge from archaic laws, guidelines that conflict with the development agenda of the eco…

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land Acquisition Bill : Anti-industry?

'Land price to go up many times, infra projects to be delayed, economy to be hit' India Inc, already braving an uncertain economic environment & low investor confidence, gave a thumbs-down to the land acquisition Bill, cleared on recently. The second legislation …

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Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2012

Major Things You Must Know.. *  A Land Acquisition and Rehabilitation and Resettlement Authority to be established. * The private entity seeking land must then get the consent of 80% of the affected families before it gets the government to acquire land for it * The definiti…

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Revised Land Acquisition Bill to Push Up Real Estate Prices and Affect Budget Homes..

The Revised land acquisition bill passed by Lok Sabha on recently is expected to push up property prices & will have adverse impact on affordable housing projects, real estate developers / promoters &  consultants told. The Revised land acquisition bill states that a…

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Revised Land Acquisition Bill: Beneficial to Land Owners..

by  Mr. Mayank Saksena, Jones Lang LaSalle India The newly revised Land Acquisition Bill is beneficial to land owners. The scope of minimum required approval has been increased to 80% of the affected families. This consent is mandatory only for private enterprises. ISecondly,…

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SEBI Asks Investment Advisers to get Registration Certificate by October 21, 2013

Market regulator Securities and Exchange Board of India (SEBI) on recently directed all investment advisers to get registered with itself by October 21, 2013 to continue their services. SEBI in a notification in January, 2013 had made it compulsory for investment advisers to…

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IIFL Mutual Fund launches IIFL Short Term Income Fund - NFO Opens on August 30, 2013; Closes on September 11, 2013

IIFL Mutual Fund announces its new offering of an open-ended Income Scheme—IIFL  Short Term Income Fund (‘Scheme’), with an objective to seek to generate income and capital appreciation through investment in debt instruments and money market instruments and to achieve stab…

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Marutham Prestige: Flats at West Tambaram

Name of the Promoter: MaruthamGroup Name of the Project: Marutham Prestige Type: Residential Flats Location:  Near Krishna Nagar,Tambaram West,Chennai Marutham  Prestige  project  located at  West Tambaram  . The exact location and details of the project are as follow: Marutham P…

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SILVER LINE BUILDERS : Residential project at Tambaram - Mudichur - Manimangalam Road, Near Chennai.

Name of the Promoter: SILVER LINE BUILDERS Name of the Project: Anushu's Enclave Type: Residential Location: Tambaram - Mudichur - Manimangalam Road, Near Chennai For Booking Contact G. Murali, Manager - Marketing Silver Line Builders 98401 97530 Email: marketing.silverlinebuil…

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TIME GREEN FOUNDATIONS: Housing township - PLOTS, VILLAS, ROW HOUSE at Acharapakkam ON G.S.T. ROAD

Name of the promoter:  TIME GREEN FOUNDATIONS Name of the project: GOLDEN PARADISE Types : PLOTS, VILLAS, ROW HOUSE Location: Acharapakkam  ON G.S.T. ROAD NH-45. TIME GREEN FOUNDATIONS presents  GOLDEN PARADISE  a  New Housing township        PLOTS VILLAS ROW HOUSE at Acharapakk…

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Terminology Finance : Tax Definition

A fee charged (levied) by a government on a product, income, or / activity.  If tax is levied directly on personal or / corporate income, then it is a direct tax.  If tax is levied on the price of a good or / service, then it is called an indirect tax. The purpose of taxati…

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Ponzi Companies to Face Fines up to 3 Times of Profits

Operators of illegal money-pooling schemes will soon face penalties of up to 3 times the profit made by them, against the current provision of a meagre fine of Rs. 1 crore. Capital markets regulator SEBI (Securities and Exchange Board of India) has decided to increase the mo…

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Construction Material Price

Construction Material Price - Chennai Builders' Association of India, Southern Centre, "Casa Blanca", 2nd Floor,  11, Casa Major Road,  Egmore, Chennai - 600 008.  Phone : 28192006  Telefax : 28191874  E-mail : baisouthern@yahoo.com Material Name Specification Last Week …

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