In order to boost home sales, the state government had reduced stamp duty for a limited period that gave a major fillip to the Ready-to-move-in home (RTMI) segment
Lucknow is growing fast in terms of infrastructure, and private players are making huge investments, which are accelerating demand for real estate assets here
The festival season is crucial for the real estate sector, and it is strongly believed that the housing sector will perform exceedingly well over the next several quarters
Can NRIs buy real estate in India? Most people ask this question, and the answer to this question is yes. The RBI's circular now allows Non- Resident Indians to purchase certain types of property. However, other types of property can also be purchased after it is approved by obtaining special permits.
NRIs buying real estate in India should understand the legal requirements for owning real estate within the country. According to the Foreign Exchange Management Act's (FEMA) provisions, Person of Indian Origin (PIO) and NRIs are treated the same when investing in real estate in India
Real estate represents a significant portion of most people's wealth, and this is especially true for many homeowners in the United States. According to the Survey of Consumer Finances by the Federal Reserve, 65.1% of American families owned their own primary residence in 2019
With uncertainties around the economy and jobs now stabilising, we are witnessing signs of growth in the real estate sector as well. Sales have started to pick up primarily driven by the affordable housing segment
According to sources, the annual property tax of Vidhan Bhavan premises is around Rs8 lakh. The department had been paying the tax regularly till 2015-16 but hasn’t paid a penny since 2016-17.
Bamboo will soon become mainstream construction material on the lines of concrete, thanks to public works department (PWD), which has included 12 new items in the state schedule rates (SSR) 2020-21.
The DGGI had received information that the builder was availing fraudulent input tax credit on fake invoices issued by non-existent entities and was utilising this fake credit for discharging its outward GST liabilities, the statement added.
Referring the matter to the debt recovery tribunal (DRT) in Hyderabad, the court also directed Pratap Reddy not to sell or mortgage the shares to others in the meantime.
As in many other countries, the crisis has hit people in the pocket - some have lost jobs, others have seen their wages fall, and businesses have encountered difficulties.
