Tag: Proposal

Memo Submitted by CREDAI to Finance Ministry for Abolishment of Service Tax

Memorandum SubmissionApril 14, 2010 A memorandum has been submitted to the Finance Ministry concerned with the appeal for removal of service tax on housing complexes under construction by CREDAI, Confederation of Real Estate Developers’ Associations of India which is a real estate industry body. The Chairman of CREDAI, Kumar Gera stated that they have put […]

Hiranandani group to resume Hirco

Leading shareholders of Hirco, the AIM-listed real estate fund of the Hiranandani group, are likely to support the group’s move to restructure Hirco, by merging two real estate subsidiaries with it. According to a person close to the Hiranandani group, “The proposal to restructure has originated from shareholders. About 90% of them are supporting the […]