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Growth of real estate to be stirred by niche areas
As per the findings of a report compiled by internationally renowned real estate experts, amusement parks, affordable housing, logistic and education hubs as well as healthcare are amongst the niche areas which are developing within the realty sector. The country’s real estate industry up until the fiscal of 2000 was restricted mostly to commercial, industrial […]
TDS on immovable property: Points to consider
In its recent move, the central government has gained the spotlight by implementing tax deduction at source(TDS) on the transfer of immovable properties. The present provision finds its due relevance in all transfer of immovable property transactions of property worth Rs 50 lakh or more. The new provision calls for TDS to rollback at 1% […]
