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CommonFloor Editorial Team

Works contract tax

Works contract tax will remain, orders Supreme Court

Finally, the Supreme Court has announced that works contract tax will be imposed on the construction inputs even with the imposition of VAT. The real estate sector and tax department have always been conflicting each other. The realty sector considers that the tax department has often been harsh to it. For many years, following the […]

CommonFloor Editorial Team

Realty market ups and downs

Housing prices in 10 cities fall while 12 observe hike in Q2:2013

While residential properties in 12 cities in India have witnessed a hike by upto 5.3 percent, around 10 cities including Delhi, have dropped by up to 7 percent, in the July-September 2013 quarter. Even during a slow moving economy, investors seem to be confident enough to invest in the sector. The national capital Delhi, on […]

CommonFloor Editorial Team

Investment guide to retirement investors

With the Delhi Development Authority (DDA) introducing new farmhouse policy in Delhi, the residential realty segment has been witnessing a new trend of country homes. Buyers of premium projects and South Delhi’s most sought after addresses have been showing increasing interest in country homes within the city limits. Last year, the civic body had regularised […]

CommonFloor Editorial Team

Rajan may seek Centre’s help with infra exposure of PSBs

In spite of whatever the central bank may have done with regard to rate hikes, it will still need to monitor the economy, stated Reserve Bank of India Governor Raghuram Rajan. It is likely that he is looking to ask the government for some clear interventions in the coal and road sector to put an […]

CommonFloor Editorial Team

Pune’s development plan faces legal issues

The Development Plan (DP) for Pune old city area has missed another deadline on September 28, 2013. Pune Municipal Corporation (PMC) and as the state’s town planning department have failed to submit the DP Before the state government and are likely getting into legal hassles. PMC, being the planning authority for preparing the DP, had […]

CommonFloor Editorial Team

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