Union Budget 2012-13: Buying or building of a house will cost more.
Realty players said that purchase or construction of a house would now cost more due to expected rise in prices of key raw materials cement and steel and a hike in service tax by 2 per cent.Barring...
View ArticleBudget 2012: 1 per cent TDS imposed on property sales.
The government has proposed one per cent TDS (tax deduction at source) on transfer of immovable property if the sale value exceeds Rs 50 lakh in urban centres and Rs 20 lakh in other areas. Finance...
View Article‘Simplify Administrative Procedures, Introduce Reforms’-CREDAI
Simplify administrative procedures, introduce land reforms and changes in banking and taxation systems is the way to increase construction of houses, according to Mr Lalit Jain, National President of...
View ArticleICICI Bank and Sahara eye Parsvnath’s prime land in Delhi.
Real estate major Parsvnath Developers may soon be able to reduce a significant chunk of its debt, thanks to certain corporate giants showing interest in buying a prime piece of property it owns in the...
View ArticleSahara, ICICI, Bhushan Steel in race to buy Parsvnath’s Connaught Place land.
Sahara Group, ICICI Bank, Bhushan Steel, Bharti Realty, Red Fort Capital and Shri Lal Mahal are understood to be in the race among others to acquire Parsvnath Developers’ 1.18 acre of prime commercial...
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