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Tax and GST Benefits for the Home Buyers of Sobha Dream Gardens

Tax and GST Benefits for the home buyers All investment either residential, commercial or retail are subjected to be taxed under income on the property. Properties that are self-occupied, rented property, inherited properties and various other types of properties attract tax under income tax regulations. Even the vacant or un-occupied property is treated as the self-occupied property under the income tax guidelines.  Real estate sector is already subjected to Service tax and VAT (Value Added Tax) along with the recently added GST (Goods and Services Tax). Under the GST regulation, construction of civil structures and complex buildings is subjected to 12% tax. Housing projects which are meant for the selling to the home buyers are also subjected to 12% tax. The luxury housing property is exposed up to 12% of GST. GST rates have been collected on the renting the home. The affordable housing projects are exempted from the GST. If the project has received Occupancy Certificate (O

Interesting facts about real estate regulations Act

Real Estate Regulations Act (RERA) is the biggest boon for real estate buyers have received. The Government of India is going all guns blazing to emphasize this Act pan India, as early as possible. This will no doubt safeguard a buyer’s interest to a big extent. A buyer in the nearby future will definitely gain confidence before investing in a property. So what are the stand-out points of RERA? Let’s take a look at some of the significant rules which will benefit as a buyer. 1.            The Bill provides for mandatory registration of all projects with the Real Estate Regulatory Authority (RERA) in each State. Real estate agents who intend to sell any plot, apartments or building should also register themselves with this authority.  2.            It makes it mandatory the disclosure of all information for registered projects like details of promoters, layout plan, land status, schedule of execution and status of various approvals. Every project measuring more than 500 squ

Apartments for sale in Bannerghatta road

Prestige Park Square is one of the housing developments of Prestige Properties. Very soon these apartments will be up for sale at Bannerghatta road. This project will offer large and skillfully designed 2 Bedroom and 3 Bedroom apartments. The Prestige Park Square pre-launch project is going to be well equipped with all the basic amenities to facilitate the needs of the inhabitants. Prestige Park Square This city is incorporated of an army of property seekers coming ahead to absorb properties in the dissimilar parts of this vast city. Various progressive amenities like swimming pool, multipurpose court, amphitheatre, kids play area, squash court, sky deck, etc. Grab the best option of your choice with the impending list of Prestige Park Square Price and payment options. You will enjoy the instant access to Electronic city and central suburbs of the city. One can view scenic and green view of Bannerghatta area and more. Bangalore is considered as one from the list of keen

Reasons you should fall in love with Prestige Park Square

Prestige Park Square is that wonderful residence situated just on the Bannerghatta Road. Everything is just 5 – 10 minutes drive away, together with Metro rail station and NICE Road. Prestige Park Square spreads over huge acres of land and consists 2 and 3 BHK luxury apartments in various size ranges. Prestige Park Square is the perfect apartment and we believe, exactly so, that it will make your life's picture complete. Prestige Park Square offers plentiful options to make every day of your life thrilling. Run miles and miles in the morning or hit the well equipped gym to be in shape. Leap into the comforting swimming pool to ooze out stress from your body. Treat yourself in indoor games with your family and friends. At the Prestige Park Square Bangalore , you are sure to experience stimulating mornings and stunning evenings every single day. ready to move apartments in bannerghatta road Prestige Park Square – Accessibility and Key Distances ·        Vaastu Com