Latest Answer: K R Puram in East Bangalore is stated to be the highest growing areas in coming years. 91% appreciation in property values is forecast by 2017. K R Puram, have been listed in the top ten Indian realty destinations in a Knight Frank's report.
The area is included into BBMP and huge developmental activities are going on. Hence, K R Puram has the higher appreciation for lower investment today.
Q:Can you please advice me, If the riverdal project of kalyan have got the Occupation certificate for the building A,B,C, & D. I am planning to but flat in riverdale . I have given the token amount for the flat i am buying from the purchaser. However, now the Agent of seller saying that there will be no OC given for the flat i am buying in riverdale. Please kindly let me know if any one have bought a flat in riverdale & you have gotten the OC.
Much appreciate your feedback.
Thanks,
Bhupen
bhupenn_seek@yahoo.co.in
Latest Answer: I believe the oc is for a building or group of building rather for an individual flat
I want to confirm from the residents of riverdale, if anyone living in riverdale wing A,B,C,D
Can you pls let me knw if you have receivd the oc yet?
Appreciate u r feedback!
Q:We have bought a house in April 2012 from the builder worth Rs 50 Lakhs. The occupational certificate is issued dated June 2009 i.e prior to date of registration. Now the builder is asking us to pay Rs 1.5 Lakhs or 3 percent towards service Tax and Rs 0.5 Lakh or 1 percent towards VAT.
Q.1.Are we suppose to pay service tax of 3 percent even though we have bought the property post occupational certificate?
Q.2.Are we suppose to pay VAT of 1 percent even though we have bought the property post occupational certificate? What all proof do we need to take from him, if we have to pay him?
Would be a great help if I get some clarifications.
If I can get some relevant government notification link on service tax regarding purchase of constructed property, Concrete proof on regulation etc .