Tag: Stamp Duty

Realty sector in Kerala worried over increased VAT

The Kerala government’s decision to increase VAT troubles the realty sector in the state. According to the experts, this would have an adverse impact on realty sector. Realty sector in Kerala now fears that the increased VAT will have an adverse impact on the sector. Though the budget may not affect the realty sector directly, […]

The Realty Confusion: Mumbai offers little hope for home buyers.

Buy or not to buy? Despite a profusion of analyses and research reports on housing prices and their future direction, home buyers remain as confused as ever. So it is little wonder that 37 lakh of flats remain vacant in Maharashtra, of which 4.79 lakh are in Mumbai. The Census Directorate data says that even Thane district has more than 5 lakh […]

Necessary Documents for Selling Property

Essential Documents The sale/purchase deed and the housing society share certificate are the major documents required while selling a property. Sale deed serve as confirmation for the land belonging to the seller only and he has full rights to sell the land. Some more documents such as NOC from the housing society, registered house documents […]

Developers in the metropolis plan to target NRI buyers

Real estate developers in the metropolis plan to target NRI buyers, primarily in the UAE, in a bid to push up their sales, affected in recent times by high prices and adverse sentiment, a senior industry official said. “With the Rupee depreciating via-a-vis the dollar, NRI buyers stand to gain by around 20%. Prices too […]

Why will banks lend more to realtors in times of accelerating slowdown?

Expect the markets to take the Reserve Bank of India’s (RBI) persuasive moves on Saturday to direct lending to real estate sector with a pound of salt. The simple point being, when current loans are under distress, why will banks lend more to realtors in times of accelerating slowdown? Also, all the measures announced are […]