Pune builders welcome Maha govt’s move to slash stamp duty
The Maharashtra government’s decision to slash stamp duty on property registration was welcomed by real estate developers from Pune.
Confederation of Real Estate Developers’ Association of India’s (CREDAI) Pune chapter president Suhas Merchant said that the builders’ body has welcomed the state government’s decision.
“Reduction in stamp duty would not only prove to be beneficial for homebuyers, but will also help the state government in getting revenue from property sale. Now, we hope that the Centre also responds positively to our demand of reducing the interest rate on home loan and bringing the GST to 1% for homes below 1,000 square feet,” said Merchant.
Sujay Kalele, founder, TRU Realty said, “This is a big booster for real estate industry as it lowers the cost of acquisition of property for customers. This coupled with lower interest rates should kick-start the sales cycle for the industry.” Rohit Gera, MD, Gera Builders said, “This will help the struggling real estate sector tremendously.” htc
After the hijab issue resurfaced in Karnataka, Chief Minister Basavaraj Bommai on Saturday called for abiding by the High Court order in the matter. Muslim students of University College in Managluru on Thursday visited Deputy Commissioner's office to submit a memorandum to allow the wearing of hijab in classrooms. Students of Mangalore University College on Thursday staged a protest on the campus against wearing Hijab in classrooms.
Regular maintenance works are going to affect Namma Metro's operations on the purple line after 9.30 pm on Saturday till 7 am on Sunday. Bengaluru's Namma Metro usually runs from 5.30 am to 11 pm every day. Services are set to resume after 7 am on Sunday on the purple line as per normal schedule. Operations and services on the green line of the Namma Metro will remain unaffected.
A 17-year-old college student was injured in an acid attack in Kudhni locality on the outskirts of Muzaffarpur town during the wee hours of Saturday, police said. The incident occurred around 2am. The incident occurred at a village falling under Fakuli police outpost of Muzaffarpur. The girl's neighbours and relatives rushed her to the primary health centre, Kudhni, who referred her to SKMCH, Muzaffarpur for better treatment.
Delhi chief minister Arvind Kejriwal on Saturday lauded Delhi transport commissioner Ashish Kundra as he travelled by bus. "We are a people-centric government. Our officers, ministers and MLAs are working constantly amongst people," the chief minister tweeted. Delhi transport minister Kailash Gahlot also commented, "Good to see commissioner transport Delhi Ashish Kundra travelling in a bus." Kundra also mentioned in one of his tweets that he was on the way to Najafgarh.
The Bhagwant Mann-led Aam Aadmi Party government on Friday withdrew the security cover provided to 424 people in Punjab on temporary basis. A senior official in the security wing of Punjab Police said that the withdrawal has been made owing to activities related to the 38th anniversary of Operation Bluestar on June 6. In April, the Punjab government had ordered the withdrawal of security cover of 184 people, including that of former ministers and MLAs.