Advertisement
Private equity has played a significant role in shaping Indi...
In today’s real estate landscape, fitness is often treated...
In this episode of Prop Personalities, we sit down with Hars...
Luxury real estate is one of the most talked-about segments ...
Welcome to Prop Personalities by Prop News Time - a podcast ...
27 Mar 2026
Input tax credit (ITC) refers to a mechanism wherein credit can be claimed on account of GST paid on the purchase of goods and services used for the furtherance of business. This mechanism is available to businesses registered under the GST Act, including manufacturers, suppliers, e-commerce operations and others specified in the legislation. It aims to assist businesses in effectively reducing their tax liability while encouraging compliance and preventing double taxation.
26 Mar 2026
GST stands for Goods and Services Tax. It is an indirect tax levied on the supply of certain goods and services and is applicable across India. In real estate, GST is applicable on the procurement of construction material and the service of construction. Therefore, a buyer of an under-construction flat must pay GST, as the builder continues to provide a service until the flat is ready. GST is not applicable on ready flats which have received an OC certificate or land transactions as there is no additional service provided by the builder or seller post the transaction.
25 Mar 2026
Housing units in metropolitan cities such as Delhi-National Capital Region, Bengaluru, Chennai, Hyderabad, Mumbai-Mumbai Metropolitan Region, and Kolkata, that are worth up to 45lac rupees and measure up to 60 sq. m of carpet area are considered as affordable housing units. A housing unit in any Indian city other than the ones listed above qualifies as an affordable house if it costs up to 45lac rupees and has up to 90 sq. m of carpet area.
24 Mar 2026
The Pradhan Mantri Awas Yojana is a housing initiative by the central government launched in 2015 with the aim to provide. Housing for All by 2022. It is divided into two parts; PMAY- Urban and PMAY-Gramin catering to urban and rural housing respectively. PMAY-U aims to construct 20 million houses for EWS and LIG groups in urban areas via promotion of in-situ slum redevelopment, subsidies to private companies for construction of affordable housing projects and a Credit Linked Subsidy Scheme (CLSS) for home loans availed by EWS, LIG and MIG groups. PMAY-Gaims to provide a pucca house, with basic amenities like piped drinking water, electricity connection, and Liquefied Petroleum Gas (LPG) connection through various state run scheme.
23 Mar 2026
The Maharashtra Housing Area Development Authority (MHADA) is a flagship housing scheme established under the Maharashtra Housing and Area Development Act, 1976. It came into existence in the year 1977. It is a lottery system under which certain housing units are allotted in some specified areas each year, especially for the people who fall under lower and middle-income groups. Currently, it provides affordable housing options under the Pradhan Mantri Awas Yojana (PMAY).
Advertisement
20 Mar 2026
Affordable Rental Housing Complexes( ARHCs) is a sub-scheme under the Pradhan Mantri Awas Yojana & Urban (PMAY-U) scheme, initiated by the Ministry of Housing Urban Affairs. It aims to provide affordable rental housing to urban migrants and poor. The ARHCs will comprise of a mix of single bedrooms and dormitory style units along with common facilities and amenities. These spaces will be leased for a minimum period of 25 years. Under the ARHC scheme, government funded vacant houses will be converted to ARHCs and new structures will be erected on available vacant land for this purpose which will managed through Public Private Partnership or Public Agencies.
19 Mar 2026
The Slum Rehabilitation Authority (SRA) is a planning authority formed under the Slum Rehabilitation Act in December 1995. It was established to serve as a planning authority for all slum areas in the jurisdiction of Municipal Corporation of Greater Mumbai. The SRA authority undertakes activities such as assisting slum dwellers in forming co-operative societies, assisting in certification of eligibility of slum-dwellers, taking punitive action on non-participating slum-dwellers obstructing the scheme, survey, and measurement on slum lands grant of building permissions, leasing of rehabilitation plots and free-sale plots and updating of property cards (PR cards) and more.
18 Mar 2026
Indian Green Building Council (IGBC) Green Homes is a rating programme developed in India, exclusively for the residential sector. The objective is to facilitate the effective use of site resources, water conservation, energy efficiency, handling of household waste, optimum material utilization and design for healthy, comfortable & environmentally friendly homes. The certification levels awarded are Silver, Gold, and Platinum based on the extent of sustainable practices followed.
17 Mar 2026
Alternate Investment Funds (AIFs) is a privately pooled investment vehicle that collects funds from India and abroad for investing into asset classes with a defined policy. The concept was first introduced in India in 2012. Under AIF regulations issued by SEBI, funds can be classified into three categories. Real estate AIFs fall under category II.
16 Mar 2026
Construction and demolition (C&D) waste refers to waste generated from construction, renovation, repair, and demolition of houses, large building structures, roads, bridges and dams. It also includes any surplus and damaged products and material arising through the course of construction work or used temporarily during the course of on-site activities. Materials found in C&D waste can be but are not limited to wood, steel, concrete, gypsum, masonry, plaster, metal, and asphalt. C&D waste can contain hazardous materials such as asbestos and lead.
Advertisement
