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VAT and Service Tax for Flat in Bangalore
Q: Hello All, I have booked a flat in Bangalore. I had registered the flat in my name before completing costruction of the flat due to some bank norms and started with the EMI payment. Now the builder is asking me to pay the VAT and Service taxes. I heard VAT is 5% and Service tax is approx 2.5%. I would like to know how the VAT and Service taxes are calculated by considering the figures mentioned above

flat in bangalore
vat
aservice tax
emi payment
Latest Answer: I recently heard that Delhi Government has come up with a new rule that there wont be any service tax for under construction property in Delhi.
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Planning to buy flat in Electronic City
Q: Is it wise to buy a project in Electronic City now? I have seen a flat and I liked it very much, but a friend of mine said not to invest in that area as rates are low and there will be no good appreciation in future. Is it true? What do you suggest?

electronic city
bangalore
investment
flat in bangalore
projects in electronic city
Latest Answer: There is good demand for properties in Electronic city sir. you will get good profit after few years if you invest in that area.
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Need 1 BHK rent near Domlur area
Q: My budget is 5k, need a 1 BHK flat for rent, in second floor, kindly help.
Mahi garg

bangalore
flat
flat for rent
1 bhk flat
flat in bangalore
Latest Answer: Hi Mahi.. I have also been looking for flats in Domlur. But there are hardly any 1bhk flats available in Domlur. And the rental rates are above Rs 7000 for single bedroom itself.
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