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Budget 2020: Real estate sector urges govt to boost demand

Budget 2020: Real estate sector urges govt to boost demand | Weekly Round Up | RealtyMyths

Welcome back to the Weekly News Round up! Let’s see what’s in the bulletin for this week.

Budget 2020: Real estate sector urges govt to boost demand

The reality industry is looking to draw the government’s attention towards needs to take steps to boost liquidity, lower stamp duty, incentivize rental housing and affordable segment, rationalize taxation and lower home loan interest rates.

Bullet Train: SC agrees to hear pleas against land acquisition

The SC has agreed to examine a batch of pleas filed by farmers against the Gujarat High Court verdict which had dismissed their petitions challenging the land acquisition for the Bullet Train project

Government sets up 3 high-level committees to dispose of enemy properties

The government has said that it will set up three high-level committees, to dispose of over 9,400 enemy properties

NGT summons CGWA CEO over water extraction by real estate developers

The National Green Tribunal has summoned the CEO of the Central Ground Water Authority, over discrepancies in permissions given to real estate developers in Ghaziabad and Noida, for the extraction of groundwater

Consumer forum directs Kalyan-based builder refund money or hand over flats

The Thane district consumer disputes redressal forum has directed a Kalyan-based builder to either hand over the flats or refunds Rs 22.11 lakhs, to 10 complainants for the delay in delivery of flats

That was all for this week, we’ll be back next week until then stay updated and commemorate the martyrs on Republic Day.

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