The civic body in south Delhi, has rolled back an increase in the rate of tax for small commercial property owners, for the current financial year, in a move that will benefit nearly 30,000 … READ FULL STORY
Hyderabad has witnessed a surge in demand for commercial and residential properties. According to CBRE India’s report titled ‘The comeback of Hyderabad’, ‘Hyderabad is regaining prominence, as one of the leading destinations for real … READ FULL STORY
The rental income from a real estate investment, is taxed under the head ‘Income from House property’ under the income tax laws, which is a direct tax law of the country. Properties that are … READ FULL STORY
The regime of indirect taxation in the real estate industry, started as recently as 2004, when service tax was applied to works contracts of commercial properties. It was then introduced to residential properties and … READ FULL STORY
For a long time, the property market was going through the problem of excess unsold inventory, but the property rates were not falling. Now, according to various media reports, property rates have fallen, after … READ FULL STORY
The Pune Municipal Corporation recently sanctioned the new development control regulations (DCR), which allows for higher floor space index (FSI) in certain categories, in non-congested areas. Small developments are likely to benefit more from … READ FULL STORY
