From now on, tax cannot be levied on the money paid by a builder to a housing society or private individual for redevelopment of property, the Income Tax Appellate Tribunal (ITAT) has said in a recent order. The verdict is expected to give a boost to the redevelopment business in Mumbai which has over 35,000 […]
Tag: Housing Society
ITAT ruling likely to boost redevelopment of Mumbai
January 2, 2009 – 3:52 am
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Posted in Real Estate News
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Also tagged Additional Construction, Appellate Authority, Appellate Tribunal, Co Operative Society, Contentions, Fsi, General Secretary, Ghatkopar, Income Tax Department, Mumbai, Property Owners, Tax Matters
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Videocon Group Will Invest Rs 30-cr In Gujrat Realty
May 24, 2008 – 4:39 am
Consumer durable major Videocon Group has bought out a housing society off Ashram Road, one of Ahmedabad’s prime business areas, for over Rs 50,000 per sq yard in a Rs 30-crore deal. The housing society, Lotus Society, is located along the Sabarmati river – where the ambitious Rs 2000-crore riverfront development project is coming up […]
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Posted in Real Estate News
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Also tagged Ahmedabad, Aurangabad, Commercial Complex, Mou, Prime Business, Project, Retail Business, Retail Plan, Sabarmati River, Videocon Group
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