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Property Buying

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Service Tax on Construction and Sale of Residential Property

As per the budget proposal for 2010-11, the finance ministry has suggested service tax on construction and sale of property. Service Tax is a tax levied on service providers in India. The objective behind levying service tax is to reduce the degree of intensity of taxation on manufacturing and trade without forcing the government to […]

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Getting Refund of Service Tax on Purchase of Your Apartment or House

Service Tax is a tax levied on service providers in India. All service providers in India, except those in the state of Jammu and Kashmir, are required to pay Service Tax. The objective behind levying service tax is to reduce the degree of intensity of taxation on manufacturing and trade without forcing the government to […]

Investing in a Second Property

Real estate industry offers you an opportunity for long-term investment. In the past, people often had to save for their lifetime to be able to buy or own a dream home.  But today, increase in income and tax benefit available has made buying or investing on a home affordable. Increasing demand for property, cut down […]

Stamp duty lowered by government. Claim Refund or a Discount

Stamp duty cut to 6% for first-sale flats too This June might see a rush for the registration of new flats in the state, predominantly in Bangalore. The government will come out with a notification to reduce the stamp duty from 7.5% to 6% for first-sale transaction of flats.  If those who have already registered […]

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Points to note in your Property or Apartment Sale agreement

While making a property agreement you have to keep some basic points in your mind. This not only helps you to ensure the validity of the agreement but also in saving time and avoiding unnecessary delays from the seller. Here are some tips that help you to ensure the validity of your property. Terms for […]

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