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CommonFloor Editorial Team

Faridabad property tax

Know all about Property Tax in Faridabad

Faridabad, like Gurgaon, is categorized as A-1 city in Haryana and hence the same property tax rates apply here. The property tax is levied and collected by the Municipal Corporation of Faridabad. Given below are the details of important aspects associated with property tax in Faridabad. Property Tax Assessment and Calculation System in Faridabad The […]

CommonFloor Editorial Team

Delay in possession

5 things to do when builder delays a project

A very common problem faced by property buyer(s) is that the delivery of possession of the property purchased is delayed, sometimes indefinitely and the investment of the prospective buyer is stuck. Such delays may be due to various reasons, which we will not discuss here, but the end result is that the buyer(s) becomes victim […]

CommonFloor Editorial Team

Property Tax Guide-Gurgaon

Gurgaon is categorized as an A-1 city of Haryana, and hence has to pay the property tax bills that are applicable to such cities. It must be mentioned here that the methodology to calculate property tax for A-1 cities is different from that for A-2 cities. Read on to find the details associated with property […]

CommonFloor Editorial Team

Property Tax Guide-Delhi

Tax payers in Delhi are supposed to pay property tax bills to the respective Municipal Corporation which has the jurisdiction over the locality in which the property lies. Till recently, the whole property tax collection system was top-down in Delhi, with citizens at the receiving end; however, the whole system has been restructured with the […]

CommonFloor Editorial Team

Tier II cities: Real estate gaining momentum

As the decade marched towards prosperity, the organized real estate development of the nation mushroomed from the leading cities(Tier I) and peaked into smaller towns and cities (Tier II). Such a move is largely fuelled due to the significant cost arbitrage which are offered by small cities. As per market reports, the realty developers are […]

CommonFloor Editorial Team

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