The Union Budget was announced in early February. Everyone was quick to notice that this time around, the budget focused heavily on agriculture and the farming community primarily. There were some commendable moves as well – the railways got the largest ever allocation at 1.48 lakh crore while the budget allocation for farmers being nearly
Owning a home is a dream for many. An average Indian saves a better part of their income for the down payment of their dream home and then spend a good part of their remaining life paying off the loan. For most Indians, buying a home is a huge financial decision and it often requires
For many homeowners who cannot occupy their property, subletting is a common option. And why wouldn’t they? The house will have some human presence and it brings in some extra cash. This is always a better option than keeping it closed and not generating any money. If the property in question is an independent house,
India is the fourth largest producer of solar energy in the world. With everyone striving towards implementing cleaner energy solutions, it isn’t surprising that our government is actively coming up with plans and collaborations to expand solar energy production in this country. With over 300 sunny days available at our disposal, we stand a good
If you’ve partaken in real estate transactions in any Indian city, you may have felt that the laws are a little lopsided and in favor of builders. The builders often used to decide the price and terms. That was until the RERA was passed. Almost a year after this milestone act came into being, not
As per recommendations made by GST Council granting relief from GST on services provided by Resident Welfare Association, we have raised the GST exemption for residents to Rs. 7500 in ADDA system. This change will be applicable from 1st February. Note: For quarterly invoices raised in January, pass credit notes to reverse the excess GST
25th GST Council headed by the Union Finance Minister Arun Jaitley has recommended many relief measures regarding GST rates on goods and services covering many sectors and there is great news for RWA/Housing Societies/Apartment Owners Associations. GST Council has released a circular stating the below. A notice about the same is expected by 25th of this month.
In a shocking event, three labourers have died due to asphyxiation inside a sewage treatment plant (STP) in an Apartment Complex in Bangalore. The police suspect that the three laborers – Mahadevappa, Ramesh, and Srinivas were asked to clean the clogged in-house STP by the Apartment Management. On 7th Jan 2018, by about 10:30 am,
Year 2017 has been a very eventful year for Apartment Dwellers. Apartment living was impacted by several government initiatives. Introduction of GST, implementation of RERA in many states in India, even the cascading effect of demonetisation drive are few factors which had a major impact this year. Our research show few trends which are driving
Wouldn’t it be great if you had a Genie helping you out with your Christmas or New Year Celebration at home? Snap your fingers and Ahoy, there are your decorations put up on the walls! There you have your Christmas tree ready! Well, we can’t get you a Genie (his whereabouts are unknown these days).