Capital Gain Tax Liability under Sale of Property:

Agriculture Land: agriculture land in rural area is not covered in definition of Capital asset hence no capital gain is applicable in case of sale of agriculture land in rural area .However capital gain tax is applicable if land is situated in urban area. Investment in Agriculture Land: yes you are correct that reinvestment in agriculture land can save tax on […]

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THE REAL ESTATE (REGULATION AND DEVELOPMENT) BILL, 2013

THE REAL ESTATE (REGULATION AND DEVELOPMENT) BILL, 2013————————ARRANGEMENT OF CLAUSES————————CHAPTER IPRELIMINARYCLAUSES1. Short title, extent and commencement.2. Definitions.CHAPTER IIREGISTRATION OF REAL ESTATE PROJECT AND REGISTRATION OFREAL ESTATE AGENTS3. Prior registration of real estate project with Real Estate Regulatory Authority.4. Application to Authority.5. Grant of registration.6. Extension of registration.7. Revocation of registration.8. Obligation of Authority consequent upon […]

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The Real Estate Regulatory Bill

The Real Estate Regulatory Bill, when enacted into law, will ensure that home or property buyers get timely possession, and as per the specifications promised by developers, say realty firms and consultants. Besides, it will improve the image of the realty sector by bringing in transparency, they said. However, industry experts highlighted that the bill […]

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real estate bill

The government has decided to come out with a real estate bill to put an end to the exploitation done by the real estate lobby in the state. The cabinet approved in principle to enact Real Estate Development and Regulation Bill for which the law department has been asked to prepare a draft. The intention […]

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office space markets in the country

The National Capital Region (NCR) has long been considered as one of the prime office markets in the country. The biggest pull factors for companies looking to set up big campuses are good connectivity, planned infrastructure and ample affordable housing options for employees.Places like Gurgaon and Noida have seen tremendous development in the past five […]

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2021, Master Plan for Investors

The new draft Master Plan for Delhi-2021 is a great opportunity for developers and investors as the new residential zone policy, expected to be notified by the DDA in the near future, would open up 26 villages in southwest Delhi for development.Delhi, the national capital, has the distinction of address value, apart from its status […]

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