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29 Sep 2009 14:08

Buy and sell

Posted by : Guest

Sir,
i have 2 BHK duplex bunglow, built in 2002. (1000 sq ft. construction, 1600 sq ft. land)in Bardoli, Di: surat.
now, i want to sell it and buy raw house, cost around 20 lakhs in Bardoli and one home in vyara, Di: Tapi for my brother, cost around 15 lakhs.
firstly, i want to know that i am thinking ok as per market?
secondly, if i have to pay any tax on those income from property?
thanks
vikas pathak...

29 Sep 2009 12:22

WILL THE PROPERTY RATES
GO UP AS PER THE MARKETS ?...

25 Sep 2009 15:23

I booked 2 BHK apartmnt in Akurdi ,pune which comes under corporation. Before I came to know that the plan is not approved till 3rd floor( its upto only plinth yet) , we did the aggrement. But for loan disbursment LIC require the approved plan till 3rd floor on which i have booked the apartmnet. Just want to know what will be the effect of this in future? If the plan is not approved by corporation?...

22 Sep 2009 13:49

Hi,

I would like to buy a house 4 yrs down the line in gurgaon. Me and my husband can together save around 45,000 a month. Where should I invest this amount each month so that the returns are safer and better.

Thanks,
-T...

19 Sep 2009 18:55

Hi all, who ever has invested we should all get together and ask for a re valuation for the OMR property....

19 Sep 2009 01:05

Dear friend, As of now only 2 Govt. institutions r allowed to issue Cap. Gain Tax saving bonds & these 2 r -

NHAI
REC

Unfortunately Nabard is not in the list so bonds issued by nabard `ll not be eligible for CG Tax saving.


Thanks

Ashal...

18 Sep 2009 17:48

Ashal will separately reply you.

NABARD bonds are not capital gains bonds.


...

18 Sep 2009 16:56

Thanks Ashal for your advise.

Can you confirm if NABARD bonds are also fall under captial gains tax saving category?...

18 Sep 2009 13:00

Olive County Project related question is here. I wanted to know about the developer adn this project. Their primary project "orange county" is already delayed more than a year(what they promised). Although developer says that there is no leagal complications or liquidity issue with the project but the progress is extremly slow for this project. Now they are promising to give possesion by end of next year. The only positive point is the location and the quality which they are offereing. Please help me to give some visibility of this project...!!...

18 Sep 2009 12:39

I am not sure about the legal complication if there is any. Although what I know is that this project is not going to be completed before December 2010. Offcourse it`s a big project so will take longer time than others but what you will get is the designer appartment. And even if the develope make his promise even at 80% still you will be better than the other projects.

Another positive aspect is that there is no high rise in the surrounding area and it`s in vasundara...which I hope is far more better than indirapuram`s chaotic devlopment. Opposite olive county there is a gren belt..so no devlopment can be happen as well left sie a govt. green park (in acers..) again no devlopment. So this is a big plus.

In case you get any info related to the legal complications then please do write or post.

I hope, my info will help you...cheers..!!...

15 Sep 2009 20:54

I am also from Thane (West).

I have ascertained from a qualified Estate Agent that registration is a must for all property deals.

We too have a flat bought from the builder in 2002. We have not only paid stamp duty but we have paid registration charges also and got the registration done in the Sub Registrar`s office near Talaopali. Please do it now, if not done already!...

15 Sep 2009 19:54

I purchased a flat (investor resale)in thane city in 1995 and paid the stamp duty but registration not done.

What is my legal situation? Do I really need to pay registration charges and get registration done. Someone said that due to ...

15 Sep 2009 12:41

selling

Posted by : Guest

i have a property 2BHK (805sq ft)in pune sinhgad road in dsk vishva.is this the right time to sell & what should be the price?...

13 Sep 2009 15:41

Dear friend, As the property in question is a inherited property, first contact a Govt. approved valuer in surat to get the appx. value of the house on 1st April 1981 (the start date of Cost Inflation Index).

Based on the CII, u may calculate on ur own that is there any LTCG tax liability for ur father is there or not.

In case ur father do have some LTCG Tax liability, he have 2 major options -

Invest in a residential house in anywhere in india under his name at least priced equal to the Cap. gain amt. or invest the gain amt. in CG Tax saving bonds of REC & NHAI.

thanks

Ashal ...

09 Sep 2009 12:09

where to buy a resedential plot in delhi costing around 10 to 15 lakhs?
...

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