Call Us - 91 33 4020 4020  
Sign In  I  Sitemap   
AxiomEstates - India Real Estate
     India Properties Worldwide
Axiom Banner
Bookmark and Share
E-mail Print Tell A Friend

Residential Properties

Indian Real Estate News
« prev   next »
The advantages of taking a home loan
Source: Jan 12, 2012
A majority of the home buyers are in need of home loans while investing in residential property. There are others who wish to invest utilising their own funds but the risks associated with certain categories of properties pose formidable challenges even today. ... more
Tag: Tax and Legal News, Real estate in india, property in india, indian properties
Companies and states oppose Land Acquisition Bill
Source: The Times of India, New Delhi Nov 15, 2011
It's not only the industry, even the state governments are opposing the proposed land acquisition bill, which if implemented, will push up the cost of projects manifold. The chief ministers have scheduled a meeting to discuss the bill and forward their suggestions to the central government. ... more
Tag: Tax and Legal News, India real estate, land acquisition bill
BMC to relax proposed property tax increase
Source: The Times of India, Mumbai Nov 14, 2011
The civic body's dreaded revision of the already high property tax hangs like the Sword of Damocles over every homeowner's head. But there's a sliver of good news for Mumbaikars: With an eye on the civic elections, the Brihanmumbai Municipal Corporation (BMC) has revised the levy at which property tax is computed. ... more
Tag: Tax and Legal News, India real estate, property tax
A contract is always open to registration according to the Indian Contracts Act
Source: Financial Times in The Economic Times Nov 13, 2011
The first thing that a real estate agent in India tells you is that registration for sale of land and apartments has been shut down and that you have no option but to buy through the illegal, mindless and back door route of getting a general power of attorney to a plot of land, an apartment or commercial establishment. ... more
Tag: Tax and Legal News, India real estate, registration, sale, apartment, commercial
KMC ready with replies to property tax waiver bill queries
Source: The Times of India, Kolkata Nov 07, 2011
The civic body, KMC, is ready with replies to the queries put forward by Governor M K Narayanan when he was asked to sign the property tax waiver bill. ... more
Tag: Tax and Legal News, kmc, kolkata real estate, property tax
Salt Lake residents to get self assessment property tax forms
Source: The Times of India, Kolkata Oct 25, 2011
Taking a step towards the introduction of new property tax rates, Bidhannagar Municipality will start dispatching self-assessment forms to Salt Lake residents from November. ... more
Tag: Tax and Legal News, kolkata real estate, property tax
Kolkata property tax calculation made simple
Source: The Times of India, Kolkata Oct 17, 2011
Paying the property tax from next year may pinch your pocket. But calculating it will be a breeze. You can simply pick up a pen and paper and assess your property to arrive at the tax value. ... more
Tag: Tax and Legal News, kolkata real estate, Kolkata property tax
10 percent tax for renting premises as shops
Source: Sep 26, 2011
Property owners who have rent out their premises for commercial purposes will have to pay 10% tax on rental income with effect from June 2007, Delhi High Court has ruled. ... more
Tag: Tax and Legal News, Property owners, rent, commercial, government, service tax
Kolkata buildings flout seismic norms
Source: The Times of India, Kolkata Sep 26, 2011
Even as the Geological Survey of India (GSI) is contemplating an advisory for Kolkata, structural experts have warned that basic construction norms prescribed by the Bureau of Indian Standards (BIS) were being rampantly flouted in the city. ... more
Tag: Tax and Legal News, kolkata real estate, seismic norms, GSI,
New property tax to hit rentals in Mumbai
Source: Sep 21, 2011
If you intend to earn high rentals by leasing out your new residential or commercial property, think again. The BMC has proposed a new capital value-based property tax system that, in all likelihood, will hit the leave-and-licence business and self-occupied and vacant ownership properties in both the island city and the suburbs. ... more
Tag: Tax and Legal News, Mumbai, rentals, residential, commercial, tax
CREDAI seeks lower taxes for affordable housing projects
Source: Dec 16, 2010
The Confederation of Real Estate Developers' Associations of India (CREDAI) wants various taxes levied by the government reduced so as to provide affordable housing. ... more
Tag: Tax and Legal News, Bangalore, Chandigarh, Chennai, Delhi, Faridabad, Gurgaon, Hyderabad, Kolkata, Mumbai, Noida, Property Prices, Pune, Real Estate Developers, Real Estate India, Real Estate Trends, Real estate in India, Property India, Indian properties
TN backs SEZ developers on income tax relief
Source: Realtyplusmag Aug 05, 2010
Tamil Nadu government is fully backing the SEZ developers in the state in their plea to the Central Government to offer them reprieve from the implications of the proposed Direct Tax Code, as hinted in the first two drafts released, and the need to maintain the sanctity of the SEZ Act. ... more
Tag: Tax and Legal News, Real estate in Chennai, Property Chennai, Chennai SEZ
Govt Expected to Relax FDI Norms in Retail Sector
Source: Indian Realty News Jun 10, 2010
The Government is soon expected to come out with a concept paper on the retail sector that would particularly look at relaxing FDI norms in this sector. There are still doubts on whether this is a move to relax ... more
Tag: Tax and Legal News, Real Estate India, India Properties, FDI
House prices may go up 4% on service tax
Source: Gouri Agtey Athale, The Economic Times May 06, 2010
Prices of residential flats are likely to go up by 4% in a couple of months, notwithstanding the recent relaxation in the service tax. The latest Union Budget had imposed a 3% service tax on builders, while the state would impose VAT of 1% on a flat's price. ... more
Tag: Tax and Legal News, Real Estate India, Housing Tax, Realty Tax
Maharashtra imposes capital value system for property tax
Source: DNA India May 06, 2010
Maharashtra government has decided to impose capital value-based system to calculate property tax on buildings, lands, houses and establishments across the state. ... more
Tag: Tax and Legal News, Real Estate India, Maharashta Real Estate, Property Tax
Finance Ministry Provides Slight Tax Relief to Realtors
Source: Indian Realty News Apr 30, 2010
Home buyers could pay less for property following a partial rollback of a budget levy on realtors by finance minister Pranab Mukherjee today. Mukherjee said realtors would pay a 10 per cent service tax ... more
Tag: Tax and Legal News, Real Estate India, Tax Benefit
Service Tax on Real Estate can be Reconsidered- Ministry
Source: Indian Realty News Apr 28, 2010
The Urban Development Minister, Jaipal Reddy, will soon take up with the Finance Ministry, the contentious issue of service tax imposition in the real estate sector proposed in the Budget. ... more
Tag: Tax and Legal News, Real Estate India, India Properties, Property Tax
Redrafted real estate regulation bill soon
Source: The Indian Express Apr 22, 2010
The housing and urban poverty alleviation ministry would prepare a second draft of the Model Real Estate (Regulation of Development) Act after undertaking wider consultations with all the stakeholders. ... more
Tag: Tax and Legal News, Real Estate India, Rules in India Real Estate
Partnership and co-ownership of property: what these legal terms mean
Source: Ashish Gupta, The Economic Times Apr 04, 2010
Partnership is a legal relationship brought about through an agreement or contract between persons. ... more
Tag: Tax and Legal News, India Real Estate, Pertnership
Rules may be eased for service tax on realty
Source: Deepshikha Sikarwar & Paramita Chatterjee, The Economic Times Mar 26, 2010
Home buyers and property developers need not worry about being levied a service tax if they cannot procure a completion certificate from the local authority. ... more
Tag: Tax and Legal News, India real estate, Delhi Properties, Delhi Real Estate, Property prices
« prev   next »
Citywise News
    All India
    Delhi NCR
    Other Cities
News Category
    Home Loans
    Tax and Legal