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Property Tax

Simplification of Property tax issues

Investing in residential property forms a major investment decision for buyers in India. Due diligence should be employed while deciding on the property to invest as well as other aspects related to investment. In addition, buyers should be aware of various aspects related to their investment, especially with regards to taxes that they have to […]

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Tax Benefits of REIT investments

Real Estate Investment Trusts (REITs) has gained prominence as a feasible investment option especially for small investors. These trusts which were formerly considered to be smaller offshoots of sector-related unit investment trusts gained in popularity following the move taken by the Global Industry Classification Standard to grant REITs the status of a separate asset class. […]

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Is BBMP right in denying tax-payers cheque-paying option?

Coming down strongly on property tax payers whose cheque payments were dishonoured, the Bangalore Bruhat Mahanagara Palike (BBMP) has made it clear that it will not accept cheques for payment of property tax from the financial year 2014-15 onwards. Instead, they can make payments by cash or demand draft. This comes in the wake of […]

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Property Tax matters for Non-Resident Indians

The Property market across numerous cities in India has become an attractive and common investment opportunity for Indians who are settled abroad.The purchasing power of stronger global currencies against the Indian Rupee and the desire to have a property to call one’s own back at home, has created an environment conducive for property purchase decisions […]

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E-Khata- A new entrant in the realty sector

Given the pile of documents involved in real estate transactions, a first time home buyer is likely to get overwhelmed. The sheer volume of paperwork and the impediments involved in the process, often shapes it into a tiring and lengthy course. For a potential home buyer or an existing one, the word ‘Khata’ rings a […]

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