Property
All Stories for Property
HC verdict on GST on under-construction flats to reduce tax outgo for buyers: Experts
•Gujarat High Court Advocate Avinash Poddar, who was also the arguing counsel in the case, said it is expected that now the Government will come up with Valuation Rules as earlier done in the service tax regime
Moody’s downgrades credit rating of seven Chinese giants; move set to make borrowing difficult
•Ratings of Greenland Holdings, Yango Group, China Aoyuan, Kaisa Group, Shinsun Holdings Group, R&F Properties and Zhongliang Holdings have been downgraded because of poor sales and financing prospects
China property sector distress deepens as second company runs into financial troubles
•Fantasia Holdings missed the deadline to repay a $205.7 million loan
I-T department widens probe against actor Sonu Sood; searches multiple properties in Mumbai
•A real estate deal and some other financial transactions linked to Sood are under the scanner of the department, official sources had said
About 90% of prospective homebuyers see correction in property prices post-lockdown: Survey
•According to the survey, 40% of the total prospective homebuyers, who were searching flats for purchase before lockdown, have postponed their plan while 60% are still keen to buy within the next 12 months.
Coronavirus Outbreak: Housing sales may fall 35% in 2020, demand for office space may shrink 30%
Kishork123 •India's property prices face steep falls as coronavirus pandemic freezes real estate market
•India’s real estate market is likely to see a significant price correction for the first time in a decade as the coronavirus pandemic stalls businesses across the country, according to a half-dozen industry insiders
Budget 2020: Income tax rules on gains from gold, property sale, stocks likely to change; tax treatment for LTCG may be revised
Fp Staff •Among the Budget proposals being considered for the Union Budget is that the long term capital gains (LTCG) tax will be fixed at 24 months or two years uniformly for all asset classes
Former J&K MLAs submit 15-point memorandum to LG GC Murmu, demand release of detainees, withdrawal of cases against youth
•Eight former legislators led by Syed Altaf Bukhari on Tuesday became the first group of mainstream politicians from J&K to open the channels of communication with the office of Lieutenant Governor GC Murmu and making a slew of demands including restoration of statehood
Affordable housing: How to claim Income Tax deduction up to Rs 3.5 lakh on home loans
Fp Staff •In Union Budget 2019, affordable housing got a further fillip with an increase in Income Tax deduction of Rs 1.5 lakh on home loans