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CommonFloor Editorial Team

Koregaon 1

Bangalore real estate show signs of expansion again

Tagged as the Silicon Valley of the nation, Bangalore has come of age with time. In comparison to other cities, Bangalore has emerged as one of the most rewarding townships, citing growth and expansion of the realty segment in 2013. Much to the anticipation of the property consultants, the real estate sector of the city […]

CommonFloor Editorial Team

Single window clearance

Karnataka is all set to make a change with Single Window Clearance

For developers and builders in Karnataka, a ‘single window clearance’ has been a distant dream that can put an end to running from pillar to post for different approvals. The state government, in this regard, has passed a bill to simplify the approval process and reduce the burden on the developers. According to government officials, […]

CommonFloor Editorial Team

Basic regulations, tax implications involved in real estate transactions – Part II

Value Added Tax (VAT) The Value Added Tax (VAT) is a type of indirect tax and is one of the major sources of revenue to the state. The VAT system of taxation was adopted by most of the states in India in the year 2005 by replacing the General Sales Tax Laws with New Value […]

CommonFloor Editorial Team

Basic regulations, tax implications involved in real estate transactions – Part I

First time home buyers are mostly unaware of many regulations and processes involved in a real estate transaction. Here is a simple guide to know the basic real estate regulations and tax implications, which are crucial elements for a prospective buyer. Transfer of property ‘Transfer of Property Act’ makes it mandatory for the registration of […]

CommonFloor Editorial Team

New Home launches in 2013: Bangalore outrun others

In the race of new home launches in 2013, Bangalore has again gained the top slot and left everyone behind. As per market reports, the IT capital of the nation witnessed highest number of residential launches in the first 9 months of 2013. A multi-cultural population, excellent educational institutes, and constantly upgrading social and physical […]

CommonFloor Editorial Team

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