Goa Chief Minister Dr Pramod Sawant chairs 3rd meet of newly reconstituted GoM for boosting real estate sector, discusses reducing GST on leases for industrial plots, redevelopment of housing and housing society.
Gom MeetingReal Estate SectorGst ReductionIndustrial PlotsHousing SocietyDabolim AirportCivil Aviation MinisterIcao MeetReal EstateAug 22, 2024

The meeting was positive and discussed several key issues related to the sector, including reduction of GST on leases for industrial plots, redevelopment of housing and housing society.
The next meeting will be held in Goa.
The union civil aviation minister has agreed to increase connectivity and infra development at the airport.
The director of Panchayat will issue a circular within 15 days to all village panchayats directing them to act against illegal hoardings in their respective areas.
The parking fee has been reduced from Rs 200 to Rs 80.

Mumbai-based Keystone Realtors has raised Rs 800 crore by selling shares to institutional investors

The Kerala police have handed over the missing case of Mohammad Attur, a prominent real estate businessman, to the Crime Branch to prevent a CBI investigation.

The residential property market in Noida and Greater Noida witnessed a 6% surge in registrations during the July-September quarter, with a total of 8,128 units sold, according to real estate consultant Square Yards.

Mumbai's real estate market is on track to register 1,41,302 property registrations in 2024, marking an 11% increase from the previous year. The market is showing resilience and a growing preference for premium and spacious homes.

In 2025, we can expect a significant rise in commercial real estate activity in Tier-II and Tier-III cities across India, driven by factors such as low operating costs, ample space, skilled talent, and infrastructure development.

The Maharashtra Transport Minister, Pratap Sarnaik, has called on the Confederation of Real Estate Developers’ Associations of India (CREDAI) to participate in the development of 1,360 hectares of land owned by the Maharashtra State Road Transport Corpora