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100 years on, government reworks property registration rules
Source: Surabhi, The Economic Times Mar 20, 2010
Registering a property could soon be painless affair with the government planning to replace the century-old Indian Stamp Act, 1899 with a simpler law that will do away with a large number of antiquated provisions and fees. ... more
Tag: Tax and Legal News, India Real Estate, Real Estate Rules
Realtors to take up rollback of service tax with FM
Source: The Financial Express Mar 10, 2010
Blaming the finance minister for failing to provide an overall and clear stimulus to the housing and real estate sector, the apex body of the organised real estate builders and developers, ... more
Tag: Tax and Legal News, Real Estate India
LIC to undertake realty projects across India
Source: Press Trust of India Mar 07, 2010
Life Insurance Corporation of India (LIC) would undertake realty projects, both commercial and residential, across the country. ... more
Tag: Tax and Legal News, Real Estate India, All India, India Properties,
HDFC wants easier farm land rules to meet housing demand
Source: The Economic Times Feb 08, 2010
Housing Development Finance Corporation has called for relaxation of laws governing rural land to meet the housing demand. The country's largest mortgage financier has called for simplified conversion ... more
Tag: Tax and Legal News, Real Estate India, India Properties
ASSOCHAM Study Suggests Growth of 16% in Domestic Investment
Source: Indian Realty News Jan 22, 2010
With the economy coming back on the growth path, investment proposals by India Inc saw an increase of about 16 per cent to Rs 15.94 lakh crore in 2009, an Assocham study has said. "The robustness in ... more
Tag: Tax and Legal News, Real Estate India, Domestic Investment, Investment, All India Properties
Realtors seek uniform tax on rental income
Source: The Financial Express Jan 08, 2010
Ahead of Budget 2010-11, real estate companies urged the finance minister for lower and uniform taxation on rental income received by property owners to help the growth of realty sector in the country. ... more
Tag: Tax and Legal News, Real Estate India, Home loan Tax, Realty Tax
Finance Ministry Projects GDP growth at 7.75% for 2009-10
Source: Indian Realty News Dec 19, 2009
The finance ministry on Friday projected a GDP growth upwards of 7.75% for 2009-10, hopeful of clocking a better performance in industry and service sectors in the second half of this fiscal. "The growth outlook ... more
Tag: Tax and Legal News, Real Estate India, India Properties, Housing Tax
Ficci seeks tax benefits to boost realty sector
Source: The Indian Express Dec 14, 2009
In a pre-budget discussion with revenue secretary P V Bhide, industry body Federation of Indian Chambers of Commerce and In­dustry (Ficci) has sought tax incentives to individual homebuyers and real estate ... more
Tag: Tax and Legal News, Real Estate India, Tax Benefits
Avail tax benefits with joint ownership
Source: The Economic Times Nov 20, 2009
Tax benefits on home loans have turned out to be an important aspect of homebuying. Here's how you can benefit from the same ... more
Tag: Tax and Legal News, Real Estate India, India Properties, tax Benefits
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