Realty Check: Property Buyers Return Home – The Economic Times – Mumbai, 5/28/2019

"Ideally, prices should be four to 4.5 times the annual income. But in cities like Mumbai. cuts change the fortunes of the real estate sector? Given the high prices, which have made houses.

The grading, being done by rating agency ICRA Ltd, is for both the buyers and the builders. Currently, several real estate projects in Mumbai, Kolkata, Noida and Bangalore have been graded and more.

Indian Real Estate Bubble: Should Burst Soon. fans the demand for real estate multiple times.. will generate positive return under any economic condition has grown louder day by day.

Mumbai, April 27, 2018 – Times Internet today released a study titled, "What India read online in 2017". The study was conducted by analysing top stories and time spent on news articles across all Times Internet news properties including The Times of India, The Economic Times, Indiatimes, iDiva, and MensXP..

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Don’t let real estate developers spoil your home dream Property buyers should check that all regulatory approvals pertaining to commencement and completion of the project are in place.

Check tax impact. In case of wrong deduction, penalties apply, and the buyer can face prosecution. When property is purchased from a resident, according to section 194-IA, TDS obligations kick in only if the sale consideration is above Rs 50 lakh. In case the purchase is from a non-resident, according to section 195,

Page 5: Mumbai property and real estate news on residential and commercial properties of Mumbai. Check latest Mumbai property rates here.

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Apart from favourable property prices, GST rate cuts and multiple sops for first-time and budget home buyers played key roles in this improvement. The government further reduced GST rates on affordable homes to 1% from 8%, albeit without the facility of input tax credit (ITC), earlier this month.

However, if the GST slab for real estate is finalised above 12 per cent, then, home buyers and developers may take a hit, at a time when property prices are already unaffordable in many places. Moreover, the finance minister will also have to convince states to come on board, to create a consensus.

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