With the motto to renovate the entire stamp duty collection system, Maharashtra Government has decided to permit e-payment of stamp duty. Now those who buy property in Mumbai need not go from office to office. They will be able to pay the stamp duty or the property tax through e-payment system. The customers will have […]
In a recent report, Jones Lang LaSalle said that Mumbai seems to be in a tighter spot with Rs275 billion being sunk in land since FDI (foreign direct investment) was allowed in real estate in 2005; most of which has failed to yield returns. Even many investments done in South Bombay once named as one of the […]
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Also tagged Budget, Census Directorate, DCR, development control rules, Home Buyers, Jones Lang Lasalle, Maharashtra, MD, Mumbai, pankaj kapoor, Rbi., Reserve Bank Of India
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NEW DELHI: Cooperative housing societies in Noida were dealt a major blow on Wednesday when Supreme Court ordered individual registration of their flats as per the prevailing circle rates. According to the Uttar Pradesh stamp department, the judgement would affect around 15,000 flat owners and leave the government richer by roughly INR 100 crore. A […]
Here are some tips that will make your dream of owning a property and the journey involved easier. 1. Choosing The Right Property Try and get all the information about the builder and the price of the property you are willing to buy in the market along with other general information. 2. Buying a Pre-Launch Property […]
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Also tagged Bank Loan, Budget, Buying A Property, Car Parking, Club Membership, Electricity, Income Details, Journey, Letter Of Approval, Limited Time, Money Bank, Pre Launch, Property Broker, Property Developers, Property Possession, Property Registration, Registration Charges, Rs 50, Token Money
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Mr. Ramesh Prabhu, Chairman of Maharashtra Societies Welfare Association said that Flat owners wanting to take benefit of Maharashtra Government’s stamp duty amnesty scheme. The scheme, launched in June this year, says that flat owners have to pay stamp duty at the rate that was applicable when the property was bought until September 2008. Circular […]
With inflation touching 12.98%, realtors here are finding it difficult to hold their price line and plan to increase rates for residential units by Rs 100-500 per sq ft later this month. According to Confederation of Real Estate Developer’s Associations of India (Credai) Bengal, there has been a 25% increase in the construction cost of […]
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Also tagged Construction Cost, Credai, Direct And Indirect Taxes, Estate Space, Inflation, Prime Minister Manmohan Singh, Real Estate Developer, Registration Charges, Residential Buildings, Residential project, Residential Units, Rungta, Steel Companies, Steel Makers, Steel Prices, West Bengal
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Many NRIs and Persons of Indian Origin (PIO) want to invest in India, both commercial and residential properties. NRIs and PIOs also plan to buy such properties as an investment, and rent them out to earn a secure income stream. This article talks about various rules and restrictions related to such purchases. It also clarifies […]
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Also tagged Apartment House, Bank Of India, Immovable Property, Indian Origin, Nre, NRI, NRIs, Nro, Pan Number, Pios, Property In India, Property Inheritance, Reserve Bank Of India, Residential Apartment, Residential Properties
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