KPMS India
A large number of people move to different cities in search of opportunities. People were unable to put their real estate assets to better use; while residents are unable to get rental accommodation at affordable prices in metros, apartments were simply locked up without letting out due to lack of professionalized organization to manage the assets in the absence of owners. We will create value for
06/02/2017
Capital gain tax period reduced to 2 years from 3 years, which means less tax for those who intends to sell a house after two years of purchase instead of 3 years.
http://bit.ly/2khMvLG
Union Budget 2017-18 makes real estate more affordable - The Economic Times The land holder in any real estate project has to pay tax on the gains only once the project is complete.
15/12/2016
With fewer people buying residential apartments in the wake of demonetisation, developers have started offering home buyers assurance of adjustment or compensation if prices go down.
http://bit.ly/2h8iLSs
Will compensate buyers if property value falls, assure builders - The Economic Times Realty developers all over India are trying to provide stimulus to the market with price-guarantee schemes so that the industry gains.
15/12/2016
2016 brought good tidings to home buyers. A proactive government and vigilant courts took steps expected to bring down home prices, make housing market more transparent and cut down delays in delivery.
http://economictimes.indiatimes.com/articleshow/55750319.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Year-end special: Four cheers for home buyers in 2016 - The Economic Times A clamp down on benami properties and courts' verdicts in favour of the buyers means that the system is gearing up to benefit the end-customers.
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