A major amendment is the proposed parity in the interest payable by allottee and developer in case of any default by either party. NEW DELHI: The government is clearing the decks for passage of the crucial real estate bill in the forthcoming winter session of Parliament. The urban development ministry has accepted all the amendments …
Real estate bill: All changes by Rajya Sabha panel accepted Read More »
The BBMP has invited objections to the proposed rates till November 18, after which the final notification will be issued. There’s bad news this festival season. The revised property tax rates set to be notified in a couple of weeks will come with a hike more than the bandied 20%-25%. Property owners in many instances …
Property tax may go up 50-100% in Bengaluru from April 2016 Read More »
The court said the father would have had to be alive on September 9, 2005, if the daughter were to become a co-sharer with her male siblings. In a ruling that will restrict the right of women seeking equal share in ancestral property, the Supreme Court has said that the 2005 amendment in Hindu law …
Supreme Court sets 2005 cut-off on women right to ancestral property Read More »
Faced with a slowdown in sales, real estate developers are luring prospective buyers with innovative payment options and freebies. We examine the arithmetic behind each and tell you which suits you best. When Arun Kumar Pathak booked a flat in Noida four years ago, the builder promised possession in 18 months. He offered a 9% …
NEW DELHI: In cases of sale of flats, transfer of title after the issuance of occupancy certificate will not attract service tax, the Finance Ministry said today. The Central Board of Excise and Customs (CBEC) issued the clarification in relation cases to pertaining to areas under the jurisdiction of Municipal Corporation of Greater Mumbai – …
Mere title transfer in immovable property exempt from Service Tax Read More »
