Tax is a mandatory financial charge imposed by the government in order to fund government spending and several public expenditures. The failure to pay tax is also known as tax evasion and it is a criminal offense, punishable by the law. There are mainly two types of taxes in Indian Tax System which is Direct […]
Tag: 2 And 3 BHK Elevated Homes
Understanding Capital Gains before Possession
Capital gain at its essence is an increase in a capital assets’ original value. Only when a sale takes place for the transfer of ownership of properties, capital gains tax will be applicable. Capital assets include land, building, vehicles, patents, trademarks, machinery, stock investments etc. Capital gains is particularly covered under the definition of income, […]
The many names & characteristics of Circle Rates
Circle – has many connotations. It has a spectrum of connotations in symbolism, mathematics, science, art and literature. The same goes for the terms used in businesses. Many terms in the real estate industry seem to vary from one region to another. This blog will elaborate specifically on the term – Circle Rate, and what […]
Budget 2021 and its impact on real estate
To consider 2020 as just another year that went by, would be a terrible mistake. Most of us felt the dread of 2020, especially the real estate industry. The after-effects of the pandemic still persists and the union budget that took place a few days ago had some meaningful impact on the real estate sector. […]
Why does a builder need MahaRERA?
Remember when we were kids, we always wanted to play in the sand? Our parents were always around supervising our every move, stopping us from getting our hands dirty and throwing sand in other children’s eyes. More than that, they were around just to make sure we didn’t get hurt. Imagine MahaRERA as the parent […]