Registration process for MSMEs simplified – only Aadhar and PAN Required now

The Micro, Small, and Medium Enterprises (MSMEs) significantly contribute to the Indian economy and growth of entrepreneurial ventures through reform. To help ease MSMEs registration, the government of India recently announced to simplify the process.

Realtors convert commercial projects into residential amid tepid demand

As a result of the Covid-19 outbreak, numerous realtors have transformed their commercial projects into residential ones. So far this year, about 25 commercial projects have been converted to residential developments. In the instance of 20 commercial developments in Ahmedabad Municipal Corporation areas, revised building designs have been authorised (AMC). Five more projects in the […]

Maharashtra doubles builder bonanza in redevelopment schemes

According to property market sources, builders will now be eligible to get a 75 percent to 100 percent greater incentive to sell on the open market than the previous 50 percent to 70 percent. Tenants in such buildings will receive only a meager 8% extra space in the new, rebuilt tower, rather than the current […]

Mangalore authority slashes betterment fees by 80% – what is it about?

In recent announcements from Mangalore Urban Development Authority (MUDA), the betterment fee for real estate was revoked for layout, single-site, and five-time land change, after request acceptance from the government. This revised fee was approved by the state Chief Minister, BS Yediyurappa and the Urban Development ministry headed by BA Basavaraja.

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