Real Estate Maharashtra
AAR Maharashtra Rules on GST Exemption for Pure Labour Services in Property Tax Assessment
The Maharashtra Authority for Advance Ruling (AAR) has determined that pure labour services provided for property survey and tax assessment to municipal councils do not qualify for GST exemption under Notification No. 12/2017.
Real Estate Maharashtra
Maharashtra Proposes 10-Hour Workday for Private Sector Employees
The Maharashtra government is considering increasing the maximum working hours for employees in private establishments from nine to 10 hours a day, with several other changes to the 2017 Shops and Establishments Act.
Real Estate
Kalpataru IPO Launches: Key Risk Factors and Investment Insights
Kalpataru, a leading real estate developer, has launched its IPO today. Discover the key risks and investment considerations from the RHP as the company raises significant funds from anchor investors.
Real Estate Maharashtra
Maharashtra Greenlights Rs 260 Billion Infrastructure, Legal, and Labour Reforms
Maharashtra has approved a comprehensive package of Rs 260 billion to boost infrastructure, streamline legal processes, and implement labour reforms. This move is expected to significantly enhance the state's economic landscape and attract substantial investment.
real estate news
Rustomjee Group Launches Innovative 35,000 sq ft Labour Housing for 500 Workers
The Rustomjee Group has unveiled a groundbreaking 35,000 square foot labour housing project, designed to accommodate 500 workers. This initiative, claimed to be the first of its kind in the real estate sector, sets a new standard for worker welfare and housing.
Real Estate
Rustomjee Construction Launches Labour Homes at Urbania
Rustomjee Construction has unveiled a new labour home facility at Urbania, spanning 35,000 sq-ft and designed to accommodate 500 workers. The facility features 84 well-ventilated rooms, ensuring a comfortable and safe living environment for the workforce.
Real Estate
Only 7 Million Women Among 71 Crore Workers in Indian Real Estate: Report
Despite the significant employment in the Indian real estate sector, which employs 71 million workers, only 7 million are women, indicating a low Female Labour Force Participation (FLFP) in the industry.
real estate news
Arvind Gurumurthy Joins White & Brief as Joint Managing Partner
Arvind Gurumurthy, a notable partner at Kochhar & Co., has transitioned to White & Brief, taking on the role of Joint Managing Partner. Gurumurthy brings extensive experience in Corporate, Property, Labour & Employment, and Real Estate law.
Real Estate Maharashtra
Real Estate Construction Costs Surge by 11% in 2024, Primarily Due to Rising Labour and Material Costs
Despite a relatively modest increase in the prices of key construction materials, the overall cost of real estate construction has surged by 11% in 2024, primarily driven by rising labour costs.
Real Estate
The Alarming Rise of Unsecured Jobs in India: Why Skilling Alone Won't Save Us
The recent Rajendra Nagar calamity highlights the desperate pursuit of government jobs among India's youth, indicating a broader socio-economic context where a government job is perceived as a rare ticket to security, status, and upward social mobility.
Real Estate
India-UK FTA: Navigating Challenges and Opportunities
India-UK FTA, visa issues, carbon border adjustment measure, labour and environmental standards, mutual recognition of qualifications
Real Estate
Tragedy in Kuwait: A Wake-Up Call for Migrant Workers' Rights in the GCC
The recent fire tragedy in Kuwait has highlighted the vulnerability of migrant workers in the Gulf region, prompting calls for accountability and improved safety standards.