Residential purposes
Kochi- The state government of Kerala has recently courted a rule that every joint owner of a building availing luxury tax exemption under Kerala Building Tax Act will have to provide proof for the amount spent by each of them. This ruling was passed while considering a petition which was filed by two brothers in Kochi. [...] Continue Reading »
New Delhi- A portion of land in the prime location of Mumbai was being usurped by a builder with the use of an irregular No Objection Certificate under the defence security. Apparently, the CAG has critisised the Army for this. The local defense authorities were being targeted by the government stating that despite few fraudulent activities concerning the piece [...] Continue Reading »
The USP of a property in Dharavi is that it can be used either for residential or commercial gains. The owner can make a good sum if he uses it for commercial purposes. If, instead, he diverts the property for residential purposes, he will charge a high rent to compensate for the loss of income [...] Continue Reading »
