Real Estate Forum on Luxury Homes

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: According to Cushman and Wakefield, luxury homea in Bangalore are categorized into row houses, independent villas and apartments, available in three and four-bedroom configurations. Row houses are available at an approximate basic selling price range of Rs 5,000-7,000 per sqft, Independent villas are available at an approximate basic selling price range of Rs 6,500-9,000 per sqft and Apartments are available at an approximate basic selling price range of Rs 5,5007,500 per sqft,

Latest Answer: Skymansion is Good project located in greens of Chatarpur.