This project has no OC since 4 yrs. Builder Navin is fooling owners. Biggest worry is STP n Drinking water separation and overflow concern, no approval for STP and club house yet. New building coming in the same community will also have same issue as same STP n club house to be shared. Think before buying , enquirer with many genuine existing owners .
Hi Mallick, u should ask the builder to provide you a break up of all the charges on a written document. For the payment of the service tax it is always advised to make a payment by cheque rather than cash, as it is accounted as white money and the white payments will be helpful for you from taxation point of view in future and when you will be planning to sell your property. Don't forget to ask your builder to provide you a receipt when you make him a payment by cheque
When you buy a flat you buy two things from the builder 1. Undivided Land of Share and 2. The flat Both VAT and Service Tax (As on Jan 2013 ...Service Tax @ 12% on 25% of BASIC Price ( if Land Cost is included ) otherwise 12.36% on 33% of Basic Sale price ) need to be paid on no 2 and not on no 1. Make sure you get a TAX invoice for those if builder is not giving you the TAX invoice then dont give those amount.....rest of the things as KTPCL+BWSSB + AMMENITIES are chnarged at 12.36% ....BUT Parking could not be chnarged for service tax as , as per SC decision Parking slot is not an extra service but the part of construction itself