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Stamp Duty Ready Reckoner Rates Mumbai

Stamp Duty Ready Reckoner Rates Mumbai

Stamp Duty Ready Reckoner Rates Mumbai Every December the Government of Maharashtra revises the Stamp Duty ready reckoner rates. These rates usually go up from 10 to 20% each year and thus making the minimum purchase price in a particular location on the basis of the Ready Reckoner Rates. Let us understand what it means for a Property Buyer or …

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Building Permissions – Buyers Guide

Building Permissions - Buyers Guide

Building Permissions – Buyers Guide Between the Year 1995 and Year 2013, there has been an exponential growth in the Real Estate Sector especially in Mumbai, Navi Mumbai, and Thane. We have seen new locations come up and new developers come in. This new age of Developers have sprung up from a Mere 300-500 to around 2500 Very Small Investor …

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Must Take Bank Loan for Buying Property

Must Take Bank Loan for Buying Property

Must Take Bank Loan for Buying Property For any Home Buyer or Investor, a Property Transaction is one of the costliest things he or she acquires.  I very often say to my clients, a good real estate investment is like a Son of the Family as a good property gives you constant lease rental returns and capital appreciation. Now, coming …

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Incidental Expenses while selling Real Estate in Mumbai, India

Incidental Expenses while selling Real Estate in Mumbai, India

Incidental Expenses while selling Real Estate in Mumbai, India The below article contents are most suited for Selling properties in Mumbai, Thane and Navi Mumbai as the same are based on local laws and market practices. 1.Transfer Fees – Usually the same is Rs.25,000/- and in most cases, the same is equally shared between the Buyer and the Seller unless …

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Taxes For Leasing Property

Taxes For Leasing Property

Taxes For Leasing Property Highlighted below are a Number of Taxes payable along with General Expenses incurred for leasing the property. 1.Fringe Benefit Tax payable by the Employee in case of a Company – Lease – 20% (Tenant to Pay) 2.Service Tax – Presently only on Commercial Property – 12.36% – (Owners to Pay) 3.Property Tax on Leasing/Licensing (more in …

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The Basics of Property Investment

The Basics of Property Investment

The Basics of Property Investment With increased impetus on real estate, everyone is looking to have a share of the Apple Pie here but hang on it is not simple at it seems at the time. Stepping into the investment property market can be tricky, and demands as much skill as an investment in the stock market. Buying the right …

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Mumbai Lease markets to grow by 10-15%

Mumbai Lease markets to grow by 10-15%

Mumbai Lease markets to grow by 10-15% Mumbai is the financial capital of India and nearly most of the Fortune 500 Companies and India’s top Corporate Houses have a base here in some form or the other. With Real Estate prices becoming higher and reaching the highest peak point it may be difficult for a lot of people to buy …

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Ascertaining your Under Construction Home Costs

Ascertaining your Under Construction Home Costs

Ascertaining your Under Construction Home Costs Buying an Under Construction home is one of the easiest tasks ever. It is simple, choose a location, the project, speak to the developer, agree on the price and yes, you have a deal. It is very important, that one studies a little more in detail. I am highlighting a few points, which you …

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Bribe is additional cost in real estate

Bribe is additional cost in real estate

Bribe is additional cost in real estate A bribe is an additional cost in real estate home making which eventually is paid by the home buyer. The real estate regulator was to come this year but the government has no focus on the mother of all industries. For growth in real estate sector we need infrastructure and without that Mumbai …

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Oberoi Realty: Strong base

Oberoi Realty: Strong base

Oberoi Realty: Strong base The real estate sector continues to face a number of challenges, and this is the reason that analysts have rated as ‘above estimates’ the 1% net profit growth by Oberoi Realty, a Mumbai-focused builder. Another reason for this enthusiasm is the stable operating numbers. The company’s realization increased by 8% on a quarter-over-quarter basis, despite a …

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