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Under the tax laws in the country, stamp duty and registration charges are an additional cost that all home buyers in India have to bear, in order to become the legal owners of properties. Since stamp duty rates are often high in Indian states, buyers and sellers tend to indulge in ...
Stamp duty is a government-imposed tax paid during the property registration process. In Bengaluru (and Karnataka), stamp duty is calculated as a percentage of the property’s sale or market value. The rates for stamp duty in Bengaluru are: For properties up to ₹20 lakhs: 2%, For proper...
Bengaluru, is the Capital city of Karnataka State in India. It houses world class Scientific and Technological Establishments and Information Technology Companies.Bengaluru has well planned Residential Layouts and Apartment complex ever ready to cater to the growing population of the City. Metro rail se...
Byskgupta|Posted inProperty News|TaggedBNP Paribas,Karnataka HC,Kingfisher,Kingfisher Airlines,Royce & Partners Finance Ltd.,Shyamal Acharya,State Bank Of India,Ub Group,Vijay Mallya|Comments (0) Property Sales Steep Downward, Liases Foras
Kejriwal further argued that by waiving loans for the wealthy, the government could reduce tax rates. "I have calculated that if loans are not waived off, then tax rates will be halved. A person earning 12 lakhs annually pays his entire salary in tax, this is the sorrow of the m...
a Model Tenancy Act aimed at bridging the trust deficit between tenants and landlords is under consideration. The Centre and states are mulling subsidies in stamp duty rates to boost the real estate market and property registration. Telangana and Andhra Pradesh are making...
Developers maintain that the market has already seen the much expected correction. “We clearly feel the prices have stabilised and that there would be no more decrease in rates. Developers haven’t increased their rates since March 2008; in the last three months, these rates have fallen by 5...
Jigani lies within the Anekal Taluk in South Bangalore in Karnataka. It is known for landmarks like the Jigani Industrial Area which is a major industrial and employment hub in the region. It is well connected to Bangalore, encompassing an approximate area of 30 square kilometres. The locality...