Residential property sales in India are expected to witness a minimum of 20-30 per cent dip in 2017 because of demonetization impact,Fitch Ratings said today. Read More: http://economictimes.indiatimes.com/wealth/real-estate/housing-sales-may-see-20-30-per-cent-decline-this-year-fitch/articleshow/56742480.cms
State-run Bank of Asian country these days aforesaid it’s determined to scale back its interest rates on retail loans, as well as home and vehicle loans, with result from these days. Read More: http://www.realtyfact.com/bank-india-revises-lending-rates-retail-loans/
With the new year entry cheaper home loans, we tend to study the ArthaYantra Vs Rent Report 2017 that appears at twelve cities across Asian nation to map wherever shopping for is reasonable and wherever living on rent is more cost effective. Read More: http://economictimes.indiatimes.com/articleshow/56389410.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Affordability, particularly within the Indian assets sector, can mean a good vary of things. Specifically, the term holds a distinct which means for various classes of demographics. Further, there also are many socio-economic variables governing a town or location to think about. http://www.realtyfact.com/affordable-housing-really-means-india/
The order by the Mumbai bench of the Income Tax Appellate Tribunal states certificate from housing society is enough proof of possession for tax purposes. The metropolis bench of the tax proceedings court has command that to assert a deduction of interest on a consumer credit, a payer isn’t needed to submit a completion certificate from any government authority as proof of getting obtained possession at intervals the stipulated fundamental measure. A certificate from the … Read more
Real Estate Regulatory Authority to be a game changer in the Indian real estate markets #kochi #Bangalore #property http://m.thehindu.com/…/rera-to-redefine…/article8907563.ece
The Union Rural Development Ministry is in the process of revising an old Land Titling Bill that was earlier prepared during 2010/2011 to standardize the land title records across the country. The bill aims to provide clear title to land owners and also to integrated the different aspects related to property ownership including possession, tax … Read more
The Kerala State Finance minister has proposed to revise the stamp duy for property transactions in the state from the current 6% to 8%. Also the cap on registration fees for partition deed / gift deed amongst family members is proposed to be removed. Stamp duty for such transactions will be increased to 3% of … Read more