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Bundling of car parking, pool, gym facilities while selling flats to attract lower GST: AAR ruling
Bundling of facilities such as car parking, swimming pool, club and gym with residential apartments will be treated as composite construction service and attract a lower rate of the goods and services tax (GST), according to an AAR ruling
GST Council to consider 5% tax on under-construction homes in its meeting next month
The GST Council is likely to consider lowering GST on under-construction flats and houses to 5 percent in its meeting next month
One year of GST: The tax regime is helping reduce shady realty transactions, but property prices aren’t down
The overall cost of property purchase will come down if stamp duty and registration fees are subsumed under the GST regime.
GrabHouse, a full fledged rental startup for an end-to-end service
In the past one and half year, the company has helped 11 lakh people find houses and currently claims 4.5 million monthly traffic.
Home buyers listen up: SBI is holding a record online auction to sell repossessed flats
SBI's sale pulls together more than 300 pieces of property from two dozen Indian cities in what its advertising described as a "mega e-auction" of prime commercial and residential properties, many of which were put up as collateral by fledgling entrepreneurs.
Pakistan national carrier PIA buys 6 flats in Delhi without getting RBI clearance
The case relates to acquisition of six flats and a car parking space in New Delhi by Pakistan International Airlines.
25,000 flats on offer: DDA website restored; over 18 lakh hits in two days
Top DDA officials said the website received a whopping 18.25 lakh hits since the launch of the housing scheme on Monday under which over 25,000 flats have been offered.<br />
Jaya announces construction of 10,000 flats in Chennai
Tamil Nadu Chief Minister Jayalalithaa on Tuesday announced construction of 10,000 flats in Chennai.
Correction nearing? 5 lakh homes ready for delivery this year
The housing sector is likely to get a boost as nearly five lakh homes will be ready for possession this year, the highest in a single year and double of what was delivered last year
Chart: Mumbai realty is of the rich, by the rich, for the rich
Thanks to skyrocketing real estate prices, lakhpatis of 2005 are now crorepatis in real estate terms. Mumbai is now out of reach of the middle class