Insights

Real estate industry is the second greatest employment generator in India. In the earlier tax regime, when property under construction was purchased; the buyer was subjected to payment of Value Added Tax (‘VAT’), service tax, stamp duty, and registration charges. Property purchased after completion was exempt from VAT and service tax, and only stamp duty...

Before the Budget the Finance Ministry personnel do rounds of meeting with various Industry heads to understand their needs for fueling growth both in terms of policy and in term of taxation and compliance Real Estate Industry is a very important contributor to our GDP both by virtue of Employment Generation and Driving Consumption Since...

I join the whole nation in congratulating Shri Narendra Modi Ji on emerging as the undisputed leader of our country INDIA : Salute to you Sir on such a massive mandate THE COUNTRY IS IN SAFE HANDS In June 2014 I along with my daughter travelled to Ahmedabad to understand what inspired people of India...

To find out the correct price of the property it is very important to understand attribute that determine the price of YOUR HOME. ATTRIBUTES THAT DETERMINE THE PRICE OF THE PROPERTY: 1. CONSIDER LAND COST – BASED ON LOCATION: Land Cost contributes approximately 1/3rd towards the total cost. Location of the land plays an important...

TOP 5 THINGS TO CONSIDER BEFORE BUYING A “ HOME “ PART (1) Home buying decision is one of the important decisions of life and for most it is a MILESTONE achievement. Home purchase is a capital-intensive investment and hence it is all the more important that we take a thoughtful decision rather than just...

The residential Real Estate Buyer seems to be haunted with “THE BIG QUESTION” Every home buyer is in a state of confusion to take a decision on buying a Ready To Move (RTM) in property v/s a property Under Construction (UC). There have been a host of default and delays in the last few years...

Saadharan Kumar was your regular average guy. He had a regular family of wife & two kids and lived in a regular rented apartment. He goes to a regular 9 to 6 job and earns a salary of Rs.18 lakh per year. Like any other person, he also receives a House Rent Allowance at Rs.2,40,000...

1. NRI interest in real estate market in India 2. What do the NRIs expect from the developers in form of information, support to close a transaction, paper work and legal, possession and registry related help etc. 3. What are the best practices a developer can adopt to ease the information and transaction with the...