residential property

Articles and Resources about residential property

Home of the Future

Wednesday, December 21st, 2011

In the present world of rapid urbanization and technological advancements, there is an increased demand for security, energy efficiency and optimum utilization of available spaces. The ever-growing urban middle class as well as the super-rich, are keeping themselves well-informed about the changes in architectural concepts worldwide. Future home is gaining immense popularity for modern living [...]

BBMP Property Tax For The Year 2011-12

Tuesday, April 12th, 2011

BBMP started collecting property tax for 2011-12. Good news for property owners is that there is no revision in the property tax rates. The statement comes as great relief to Bangalore property owners, as there were reports in the last few weeks that the Bruhat Bangalore Mahanagara Palike (BBMP) might hike property tax by as [...]

Using Residential Property For Home Based Business

Wednesday, January 5th, 2011

Commercialization of residential apartment is often opposed by apartment owners association and its residents. Every apartment association may have a different take on the same issue. It’s likely that many people to work from home without any idea about the regulations or rules that they may be breaking. Commercial activity within residential premises is generally [...]

Building Bye-law for Fire escapes

Thursday, December 2nd, 2010

A fire escape provides a method of escape in the event of a fire or other emergency that makes the stairwells inside a building inaccessible. Fire escapes are most often found on multiple-story residential buildings, such as flat or apartment buildings. As building codes became more common in countries, fire safety became an important concern [...]

Service Tax on Construction and Sale of Residential Property

Thursday, March 11th, 2010

As per the budget proposal for 2010-11, the finance ministry has suggested service tax on construction and sale of property. Service Tax is a tax levied on service providers in India. The objective behind levying service tax is to reduce the degree of intensity of taxation on manufacturing and trade without forcing the government to [...]