The Central Board of Excise and Customs (CBEC) recently issued a clarification regarding applicability of Goods and Services Tax (GST) on under-construction and ready-to-move-in property. GST was implemented on 1 July 2017. Read more about how GST will be charged when you buy a house, at what rate and at what stage. No GST on […]
MCG will be converting the stretch connecting Daulatabad flyover and Dwarka expressway into a four-lane road to ease traffic congestion on the route. The move will bring relief to hundreds of residents living in sectors along the expressway and areas such as Rajinder Park and Daulatabad. “This junction has always faced problems in terms of traffic congestion during peak hours. […]
As a landmark year for the real estate industry draws to a close, it’s time to review the major events of 2017 for Indian real estate and look at some upcoming trends in 2018. For the real estate industry, 2017 was a watershed year, with the roll-out of game-changing policies such as GST and RERA. […]
Loss of documents related to your property can be a hassle, especially when you are trying to sell it off. You should not take the matter lightly and try to get a duplicate copy of the documents. It is difficult to sell your property if the documents are missing. Here, you will come across the […]
TOI could access the schedules given by Supertech, Logix, IVR Developers Ambrosia, Sunshine Helios, Antriksh Golf View, Greater Value Sharanam and ColourfulEstatewhich, taken together, add up to around 15,000 flats that in various projects by these developers that are on trackfor delivery by the end of the month. Till the end of November, 10,000 flats were […]
Before the introduction of Goods and Services Tax (GST), paying multiple taxes in a complicated system was the biggest challenge faced by the real estate industry, thus resulting in disparity in property rates across the nation for which home-buyers bore the brunt. Today, under the GST regime, under-construction properties are taxed at 18 per cent, […]
Leading developer, M3M Group, has launched a massive tree plantation drive in Gurugram. Under the ambitious project, the real estate major in a period of one year aims at planting more than 14,000 tress in and around its project sites. Of the total proposed, 8,000 saplings have already been planted over the last eight months. […]
With extension of Rapid Metro till Sector 56 and work on Southern Peripheral Road (SPR) nearing completion, infrastructure activity in micro-market along SPR has seen an uptick in the absorption of existing office space and is also witnessing the launch of new commercial and mixed-use projects. Developers who have invested in the area and are […]
With the change in economic conditions and introduction of new reforms, there is a natural shift in buyer’s preferences towards ready-to-move-in projects these days. However, if we analyse further, there is a merit (of course with a caveat) in making an investment in projects under construction as well. INVESTING IN ‘READY-TOMOVE-IN’ HOMES Immediate possession: One of […]
Investing money in a property is not an easy task. Not only does one need to find a safe avenue, but also think about what to buy–an apartment or a built-up house, or a plot. The decision depends on your needs, lifestyle preferences, and other aspects like taxation and bank loan. While investing in plots […]