Are the taxes same for both under-construction and ready-to-move-in properties? Under the new tax regime, under-construction properties are taxed at 12% on a property’s base cost since 2017 . If you are looking to buy property or have already invested in one, you will know that there are multiple taxes to be paid to the…
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The four years of the Narendra Modi government, marked by landmark reforms, have seen the complete transformation of the unorganised and opaque real estate sector into a regulated, transparent, affordable and consumer-friendly asset class. Notwithstanding the global slowdown, Indian real estate’s troubles have been self-created. The sector has been bogged down largely due to lack…
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With the after-effects of RERA and GST settling in, the real estate sector is starting to see the initial signs of a gradual revival in the residential sector. Demand is primarily being seen from end-users only. Grade A commercial, quality retail (mall) space and warehousing continue to evince strong interest, according to Colliers Research. Massive…
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A concessional GST rate of 8% is expected to give the much-needed boost to the affordable housing segment. However, is this enough? 2017 saw a myriad of landmark reforms such as Real Estate Regulatory Act (RERA), Goods and Services Tax (GST), Real Estate Investment Trusts (REITs), and Infrastructure Investment Trusts (INVITs) being introduced by the…
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Objective of this portal is to promote affordable housing scheme launched by Central govt of India to provide housing for all by 2022 under Pradhan Mantri Awas Yojana and Deen Dayal Awas Yojna scheme. Home Buyers can search and get information on affordable Housing projects in Gurgaon, Sohna, Faridabad and other cities of Haryana.
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