The Goods and Services Tax (GST) Council on February 24, 2019, once again revised tax rates on under-construction residential properties. The reduced rate now makes the tax rate 5 percent for the normal category and 1 percent for the affordable housing category. In both cases, builders will not be able to claim the input tax…
Ghaziabad being Uttar Pradesh’s one of the oldest and largest cities and advantageously situated on the eastern periphery, is a developed city. It is rapidly turning into a residential hub, specifically for the young working professionals who have to commute from Delhi to Noida on daily basis. It is not only a residential hub but…
Delhi – Meerut Super Expressway The second phase of Delhi-Meerut Expressway is expected to open by match this year. This expressway will connect Delhi and Meerut via UP Gate to Vijay Nagar route, i.e., the second phase of the expressway which is 20-km long. The section between Akshardham and UP Gate, which is 9 km…
Increase in the demand of real estate in and around a city is directly proportional to its infrastructure. Once a flyover, bypass, metro station or expressway is launched then there is a rapid upsurge in the demand of the property in the area. Talking about the infrastructure, the KMP expressway recently got inaugurated by Prime…
India is a developing country where every other day a new project’s construction starts and other launches. As it is still growing, it tends to improve and adopt innovative technologies and ideas with every other scheme. For instance, recently in April 2018 Delhi Meerut Super Expressway was launched, the growth corridor of the National Capital…
In this ‘’Glocal Village’’ infrastructure plays an instrumental role in the overall development of any society and economy by providing services to households and industries. It is one of the prime drivers of commercial growth and comprehensive development. Infrastructure lies at the core of the agenda for planning or setting up a city or a…