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Real Estate Forum in Mahim, Mumbai

Real Estate Property Discussion Forum and Guide to Real Estate Queries in Mahim, Mumbai

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Q: Omkar Realty developer is going to introduce a new luxurious residential project with the name of Omkar Mahim located in the most admirable residential location Mahim in Mumbai. This golden venture is a new concept of residence which included world-class infrastructure and luxury facilities.
Latest Answer: Omkar New project in Mahim is strategically Located at Prime Location in Mumbai. The project will offer different configuration of the apartment at very attractive price. The new launch project is going to revealed soon by the Omkar Group in Mumbai. As it is an upcoming project so, builder has not disclosed any information on it following the state RERA guidelines. Please, keep in touch with us for further updates. Thanks...
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Q: Everyone knows that to prepare a home in the city like Mumbai, Smart heaven look apartment that name is Omkar Mahim. Well guidance of great idea of experts and architect team.
To know more information visit us http://www.omkarmahim.newprojectlaunch.in/
Latest Answer: Hi Afsar...... Are you talking about Omkar Realtor's upcoming project "Omkar Mahim" in Mahim, Mumbai? What are the BHK configuration available in it and it's price quoted by the builder? When is the project going to launch? If you have some information on it plz share.
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Q: In SRA Project's Salable Building (16 Flr) at Mahim, Mumbai 16. The OC is obtained from SRA Dept till 14 flrs and the flat is purchased on 8th Flr after Obtaining this OC from SRA. Then My question is - Is the service tax and VAT is Applicable or exempted?
- If applicable then why?
- If not applicable then what grounds?
Thanks.
Latest Answer: Hi All, Thanks for your inputs. My query is, The project is under SRA Dept. and The OC is given by SRA Dept. I have consulted 5 tax consultants. the query is about whether the SRA Dept fits under the "Competent Authority" term of Service Tax exemption rule. 3 Tax consultants say that SRA Dept OC is of NO use and BMC OC should be obtained to avoid paying Service TAX But 2 Tax Consultants say that the Project Development Plan is under SRA Dept and SRA Gives the 1st OC on the basis of which BMC later on will issue their OC.\ According to them SRA Dept fits under The specifications of "Competent Authority" Term and This dept's OC is valid for the property to gain immovable property term. so Service tax and VAT is not applicable. Hence now I am confused and seeking for the answer. If any one can enlighten me about this then it would be of a great help. Waiting for the positive reply. Thanks Dr. Satyavrat Nanal +91-9892229523 +91-8454845088
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