While the year-on-year comparison for the first nine months of 2020 shows 35% decline in sanctions at 117 loans, the sequential growth is an indication of improving demand and liquidity scenario in the real estate sector.
The government said on Thursday it will add 114,000 homes for public housing on lease within the next two years by buying empty hotels and offices and converting them into residential studios.
The DGGI had received information that the builder was availing fraudulent input tax credit on fake invoices issued by non-existent entities and was utilising this fake credit for discharging its outward GST liabilities, the statement added.
On November 12, MahaRERA rejected a plea for compensation sought by Ashley Serrao and his father who had purchased a flat in Runwal Greens in Mulund in 2012.