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Civic Issues

unauthorised constructions

Illegal constructions and the super-rich

It is always been this way, wherein the rich are always spared despite constructing illegal multi-storey structures whereas authorities prefer to demolish illegal slums and dwellings of the poor. It is noticed that the authorities often fail to take a prompt decision on demolition of unauthorised constructions by the affluent. This has given out a […]

VAT

Maharashtra VAT on property

VAT (value added tax) is a form of consumption tax.  In a buyer’s perspective; VAT is the tax on the purchase price and for a seller; VAT is the tax only on the value added to a product, material, from an accounting point of view, by this stage of its manufacture and distribution. The 2011 budget […]

CommonFloor Editorial Team

What CREDAI can do to improve retail buying experience?

Several home buyers have experienced that helpless moment when the developer is not delivering the project on time or is delivering with poorer quality than promised.  It can be a nightmare when one realises that one’s hard earned savings or loan is now at the mercy of a developer who seems to care more about […]

CommonFloor Editorial Team

Property tax passbook for Delhi citizens

With the greater advancement of technology and legal aspect in every city, Delhi will very soon adopt the property tax passbook method for its citizens. The passbook will contain all the relevant information about the related people. In short, it is a file containing all the relevant details which will make the process easier. This […]

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