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NRI

Pune Realty market demand driven by migrants

There is a growing trend among IT dominated cities like Bangalore, Gurgaon and Pune with the migration of professionally qualified and well-earning IT professionals. With Pune developing into a major IT city in recent times, the realty market of the city is currently driven primarily by IT employees who have migrated from other parts of […]

ranjan.j

Budget 2014: How will REITs benefit the realty sector

The new government has proposed tax incentives for REITs(Real Estate Investment Trusts) in the FY 2014-15 budget. This was an expected step from the government to encourage investment in the real estate sector. Though good in intent, the Centre however needs provide clarity on tax structure and incentives. Why REITs? REITs will act as the […]

sannihith.tn

Budget 2014: FDI in Real Estate

According to recent budget updates, the minimum capital for FDI has been reduced from US $10 million to US $5 million and the minimum area requirement for all other construction projects other than housing has been reduced to 20,000 sq m built-up area from 50,000 sq m built-up area. In an attempt to promote low-cost […]

sannihith.tn

Saving Income Tax during Financial Year 2014-2015 on Property Gains through Cost Inflation Index

It is really possible to save substantial amount of Income-tax on your long-term capital gains arising out of selling your immovable property if you take advantage of the Cost Inflation Index concept which, however, is applicable only in respect of long-term capital gains. Only when you hold your property for more than 36 months and […]

Steps For An Effective Background Check On Builders

Buying a home calls for a large investment and, hence, it is the onus of the buyer to do a proper check on the builder and the associated construction company before signing on any agreement or transferring any booking amount. Non Resident Indians are quite prone to builder frauds as they are usually unable to […]

victoria.c

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