Latest Answer: Unless a simplified mechanism is provided, buyers will have to comply with the withholding tax registration or TAN, tax payment, e-TDS returns, issue of TDS certificate to seller in order to claim tax credit unless a simplified mechanism is provided in this direction, said an expert.The transaction of the provision of property of Rs 50 lakhs and more has to happen at one go. As large number of transactions are installment based and extend over 3-5 years where installments are disbursed directly by banks. The provision says that the home buyers will be solely responsible for the TDS deduction each time the bank pays out installment until the bank takes over the responsibility. Moreover, developers think that the deduction on TDS will be a burden on home buyers shoulder and so they have taken the issue to the finance minister.
Latest Answer: Yes, New villas have been launched in Goa by Sunestates Developer to get more information on luxury villas in Goa visit : http://sunestates.com/real-estate/luxury-villas/ongoing/
Q:When the bank puts a property on foreclosure and auctions it, is it the banks responsibility to get the property vacated from the current owner, or is it the buyers responsibility?
Latest Answer: A foreclosure takes place when a homeowner or property owner cannot pay the mortgage fees on the property and is forced to give up the land to pay back what is owed.
Latest Answer: There are a total of 90 projects – 66 have been completed and 24 under construction. Rates of these over 26,394 flats vary between Rs 1,900 and Rs 4,200 per sq ft.
Latest Answer: well if u ask me luxury home category is on the rise.we see more and more luxury home projects in mumbai especially worli area. Lodha , AHUJA towers to name a few. so if u r a big buck party go for a luxury apartment in mumbai