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Century Real Estate sells out 75 per cent of plots in just 10 days in the launch of Century Eden Prime

Century Real Estate sells out 75 per cent of plots in just 10 days in the launch of Century Eden Prime
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Ravindra paiManinder chhabraCentury real estate holdings pvtCentury real estate holdingsCentury eden primeYelahanka doddaballapur main roadCentury real estate

Prestige Estates acquires land from Century Real Estate Holdings

Prestige Estates acquires land from Century Real Estate Holdings SECTIONS Share Synopsis The newly acquired land has developmental potential of 2.4 mn sft and can generate rental income of Rs 260 cr per annum, said a person familiar with the development. (Representational image) Prestige Estates has acquired two land parcels North Bangalore from Century Real Estate Holdings to expand its commercial portfolio. The firm plans to invest Rs 1,000 crore to develop the 17 acres land parcel in the city. The land parcels housed under two SPVs will have Prestige hold 45% stake in Century Megacity and 55% stake in Century Landmark in Hebbal, North Bangalore.

Venkatk narayanaPrestige groupBlackstone groupGodrej groupCentury real estate holdingsBangalore to godrej fund managementPrestige estatesNorth bangaloreCentury megacityCentury landmarkGodrej fund managementReal estateCentury real estateப்ரெஸ்டீஜ் குழுகருப்பு கல் குழுகோதுரேஜ் குழு

Property developers seek GST cut for joint development deals on TDR

Property developers seek GST cut for joint development deals on TDR January 18, 2021 × Currently, GST is paid by the developer on the value of undivided share of land pertaining to unsold area of the project as on the date of receipt of occupancy certificate Developers are seeking relaxation on GST for joint development transactions on Transfer of Development Rights (TDR). They say, the number of projects either residential or commercial has reduced significantly. For residential projects, currently, GST is being paid by the developer on the value of undivided share of land (UDS) pertaining to unsold area of the project as on the date of receipt of occupancy certificate.

Ravindra paiRajesh binnerBijay agarwalAsset real estate tech pvt ltdDevelopment rightsCentury real estate holdingsManaging directorSalarpuria sattvaCentury real estateReal estate developersTransfer of development rightsOccupancy certificateJoint developmentProptech companyJoint development of propertyரவின்ற பை