A vast new market waiting for the developers

By Accommodation Times News Services Real estate industry, it seems, is at its lowest ebb presently. In metro cities the market is down and there are fewer sales of residential premises. But, the vast potential of the industry is still untapped. There is enormous scope in mass housing projects with just

PM’s statement on the current economic situation in the country

By Accommodation Times News Services Following is the text of the Prime Minister, Dr. Manmohan Singh’s statement in the Lok Sabha, on the current economic situation in the country: “The movement of the exchange rate of the Indian Rupee recently has been a matter of concern. The Rupee has depreciated sharply

Assessment of Builders And Developers

By Accommodation Times News Service By CA Vimal Punmiya REFERENCE TO REDEVELOPMENT AND PROVISIONS OF SECTION 43CA, 50C,56 AND 194-IA OF THE INCOME TAX ACT, 1961 INTRODUCTION Income – tax Act, 1961 (hereinafter referred to as ‘The Act’) is the only legislation of our country which refers 92 Central Acts and various State Legislations.

Course on Assessment of Builders and Real Estate Developers

By CA Vimal Punmiya SPECIAL REFERENCE TO RE-DEVELOPMENT WITH SPECIAL REFERENCE TO CAPITAL GAIN INTRODUCTION Income – tax Act, 1961 (hereinafter referred to as ‘The Act’) is the only legislation of our country which refers 92 Central Acts and various State Legislations. To understand the various taxation issues relating to Real Estate Transactions

DDA, fights for revenue from country homes

By Accommodation Times News Service The Delhi Development Authority (DDA) and the three municipal corporations in the city have locked their horns over revenue collections from farmhouse, now designed country homes under the new policy approved by the union urban development ministry. While DDA wants the 23 villages where the country

Union Budget Highlights

By Accommodation Times News Services “Kalangathu Kanda Vinaikkan Thulangkathu Thookkang Kadinthu Seyal” (What clearly eye discerns as right, with steadfast will And mind unslumbering, that should man fulfil) - Saint Tiruvalluvar 1 Key Features of Budget 2013-2014 THE ECONOMY AND THE CHALLENGES Getting back to potential growth rate of 8 percent is the challenge facing the country.

Revising The India SEZ Story

Accommodation Times News Services By Sahel Pramendra, Managing Director - Markets & Head - Solutions Development, Jones Lang LaSalle India While cashing in on international interest, various economic sectors have hailed special economic zones (SEZs) as the main driver that adds further impetus to growth. To give an impetus to exports

The biggest Real Estate company in India

By Nawaz Sayyed Story tellers claims tall storeys but fact remains. India's biggest and most efficient builders with clear business models are here for you to compare on market capitalisation method. The market capitalisation as on 31st March 2010 was taken into account besides their profits after tax and source of

Printhviraj Chavan Meets High-Powered MCHI Delegation

Assures Real Estate Sector of Developing an Enabling Regulatory Environment Mumbai, 4th Feb, 2011: Maharashtra Chief Minister Prithviraj Chavan on Friday assured a high-powered delegation of the Maharashtra Chamber of Housing Industry (MCHI), the apex trade association of the real estate segment, that his government will seriously pursue reforms in

Big corporate game in for land grab in Mumbai

By Dr Sanjay Chaturvedi Mumbai property price seems not to have respite from any recessionary trend in times to come. Big corporate and land sharks are all game to acquire land in Mumbai at any cost. Peninsula Land, India Bulls, Videocon Realty, Reliance Land Realty, Indiareits have set approximately Rs.15000 crore to