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Will resale properties become costlier under the GST?
Q: After GST implementation, as per the Central government act, all promoters developers required to register their existing ongoing new projects do not have completion cerificate with RERA within three months. In case of flat resale, what is the applicable for GST rate? Stamp charge and registration charges also inciluded while calculating the tax?

real estate
gst
homebuyers
gst on resale properties
will resale properties become costlier under gst?
Latest Answer: Hello Dev, A resale property is an immovable property. Thus, it is not covered under the definition of goods under the GST regime and therefore, there will be no impact on resale properties.
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Noida and Greater Noida builders are not offering completion certificates to homebuyers
Q: Homebuyers in Noida and Greater Noida feel cheated as builders are denying possession of their flats in spite of full payment of their dues including registry charges.

noida builders
noida authority
completion certificate
greater noida authority
homebuyers
greater noida builders
Latest Answer: I bought my flat in Ace Aspire and they had given the possession before time. It is very important to check all the details of Builder before buying any property. ACE is a trust worthy builder in Noida.
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Noida Builder Review Builder Review in Noida
Builders and homebuyers will have to wait for a ray of hope till the budget
Q: Developers are hoping that real estate sector will be granted infrastructure status to boost affordable housing in this year's Budget.

budget
credai
real estate regulatory bill
naredco
homebuyers
upcoming union budget 2016
Latest Answer: Hi folks, If i am not wrong then i think that our Finance Minister should announce a specific date for the implementation of GST. This major reform will give the industry a very clear taxation structure and induce a major sea change for the logistics architecture, since logistics will be driven by cost and not by a regulatory system.
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Mumbai Real estate News Real estate News in Mumbai
Few basic precautions that a tenant needs to take while renting an apartment /flat.
Q: Recently, there are two types of agreements that are drawn in Mumbai viz., the rental and leave & license agreement. Of these the latter gives more control to the owner.

tenants
real estate in mumbai
rental and leave agreement
licence agreement
homebuyers
Latest Answer: @Dhiraj, Also clearly state and sign-on when the owner must step in to your support in case of a tenant-society dispute. Landlords do not want any trouble with either party, so in case they step in at the appropriate time, the situation remains under control and even dies down.
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