Housing Society redevelopment

Your guide for redevelopment and taxation of property-Part 2
While the previous article (Your guide for redevelopment and taxation of property-Part 1), we discussed about what is redevelopment, advantages of redevelopment and the process of redevelopment, in this article we reveal about the implication of tax on redevelopment. Under redevelopment agreements besides the redeveloped property with additional space/area, owner(s) of the property also gets […]

Your guide for redevelopment and taxation of property-Part 1
Buildings have their own life span depending upon the quality of construction, quality of land on which it is constructed, quality of maintenance it was subject to, climatic condition of the surrounding and so on. After a certain age, due to wear and tear and exposure to natural elements every building becomes ragged and maintenance […]