With demonetisation, the real estate sector witnessed a disruption of sorts especially because real estate sector happens to be one of the most sentiment-driven business too. Given that the sector's contribution towards the GDP is considerable, the industry couldn't afford the uncertainty for long. Within the industry, stakeholders will agree that 2017 did see a consolidation within the industry with multiple developers combining forces to sustain through RERA implementation.
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3 BHK House/Villa for Rent in Sector 8 B Road Panchkula
Specifications 30,000Price 1850 Area in sq ft Semi-Furnished Status - No Deposit
- 4 bathrooms
- 3 balcony
More3 BHK Independent House/Villa for Rent in Sector 8 B Road Panchkula:
Well designed 3 bhk villa is available at a prime location in Sector 8 B Road. It is a semi-furnished property. Its main door is facing northeast direction. It has 4 bathrooms and 3 balconies. It is m...
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More3 BHK Independent House/Villa for Rent in Sector 2 Panchkula:
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More3 BHK Independent House/Villa for Rent in Sector 2 Panchkula:
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More3 BHK Independent House/Villa for Rent in Panchkula Urban Estate Panchkula:
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More3 BHK Independent House/Villa for Rent in Sector 8 B Road Panchkula:
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Two Years Of Demonetisation: Real Estate Sector Stro
Centre Plans Strengthening North-East Region With En
The Indian government, under ‘Act East’ Policy, is developing infrastructure projects in the North Eastern Region (NER) to boost connectivity. It will develop road networks spanning 5,200 kilometres in the North East Region along with National Highway projects and undertake upgradation under the Bharatmala Pariyojana and invest Rs 48,000 crore for building 15 new rail line projects across the state capitals.Haryana Proposes To Increase FAR If Developers Build
Haryana's department of town and country planning (DTCP) has decided to increase the floor area ratio (FAR), bringing cheer among developers in Gurgaon. However, to avail of the benefit, developers are required to construct approach roads to the residential societies developed by them.UP-RERA Directs Defaulting Developers To Pay Penalty
Since September this year, the Greater Noida Bench of the RERA has heard 600 cases while the Lucknow Bench has heard 500 cases. The UP-RERA has directed many builders to pay penalty interest for undue delays. It has also directed many builders to pay penalty interest for undue delays. Hundreds of cases are being taken up by the authority. Preliminary investigation in several cases reveals that the builders may have diverted the funds.How Justified is Paying Taxes For The Inventory?
From this financial year, real estate developers, who are holding an unsold unit for over a year, will have to pay 8-10 per cent of the property value as tax. Developers will also have to pay 30 per cent of the fair value of the property as tax if they lease their unsold units after April this year after Section 28 (via) was introduced in the Income Tax (I-T) Act. According to this Section, unsold inventory would be treated as a capital asset from the tax point of view.
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Last update - 13-11-2018