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Real Estate Forum on Builder Review in Mysore

Real Estate Property Discussion Forum and Guide to Real Estate Queries in Mysore

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Q: Are this independent houses or an apartment? It is confusing. Please clarify.
Latest Answer: Hi Madhu, As per my knowledge, this is a populsr residential project developed by MMG Construction on KRS Road, Mysore. This location has basic amenities nearby. This project offers 2 BHK &3 BHK apartment ,area ranging from 900sq-ft to 1500sq-ft. Builder quoted price is around 2600/sq-ft to 3000/sq-ft. Expected possession of this project is May 2015.
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Q: Hey. I just heard recently that the famous Canh media guys are investing in Mysore real estate. Can I get some more info?







Latest Answer: Yes this news is pretty recent I believe. There is a huge flagship project off luxury villas by the famous real estate major Canh Media Ltd coming up in Saraswathipuram.
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Q: Hi. I am looking for some information on the Embee Homes. It is also called CNM Emerald City. I am joining Wipro and was looking for housing options







Latest Answer: BEML which is like the starting point of the IT economic zone is 5 km away. And I think Embee Homes is mainly trying to attract the elite population of that zone. Do invest if you prefer luxury. No doubt about the quality.
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Q: What is the rate of VAT and Service Tax on sale of flat in Karnataka
Latest Answer: Yeah..earlier there was no VAT, only the service tax was to be payed for buying an apartment under construction. But after recent Supreme court ruling, there is possibility for them to demand VAT also. VAT is payable on value of goods at the time of incorporation of goods in the works and not the purchase value of goods by the builder/developer. Further, VAT is not payable on value towards immovable property, that is, land.
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