under-construction properties
Investing in Under-Construction Projects Can Be Beneficial
Investors have several property investment options such as investing in an empty plot, rental properties and under-construction properties. Of these options, most investors opt for under-construction properties due to several advantages it offers. While there are some risks involved in investing in such projects, with due diligence you can make property investment a profitable option. […]
Supreme Court favors imposition of VAT on under-construction properties
Homebuyers who had not paid value added tax (VAT) while buying under-construction properties, may now have to bear the additional costs. In Larsen & Toubro case, the Supreme Court has supported the constitutional validity of VAT being imposed by the state governments on the sale of under-construction flats. The apex court has clarified that the […]
