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Will property prices come down in Mumbai?
Q: Is there any chance that prices of properties may come down?

Latest Answer: But housing prices declined in Jaipur by 2.6 per cent, Indore by 2.4 per cent and Hyderabad by one per cent. The prices in Faridabad remained stable.

For Sale of properties in India how capital gains tax is ascertained?
Q: How capital gains tax is ascertained and what are rules or conditions for their exemption?

Latest Answer: Yes, Capital gain tax is always tax on profit you made by selling your property and you are liable for Capital gain tax, if you sell a residential property (after 3 years from date of purchase) and reinvest the proceeds into another residential property (within 2 years from date of sale), capital gains tax will be exempted. Thank you

Supreme Court has banned the sand auction.
Q: The Supreme Court has banned the sand auction in Vijayawada. What will happen to all the construction work in the city?

Latest Answer: The cost of sand was between Rs.3,000 and Rs.3,200. But soon after the ban was implemented the cost have been increased in a range between Rs.18,000 to Rs.30,000.

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