Service Tax on Real Estate Sector A to Z : Mr. S. Satheesh Kumar, Chartered Accountant, Chennai

Mr. S. Satheesh Kumar, CA spoke on Flat Promoters Association - South Chennai   meeting recently. *   A Service Tax – Already come into effect, negative list of Service are only released & applicable from July 2012 *    Negative List- Means only Negative Listed people only…

Share:

Read More

Five Lakh Flats Lying Vacant in India

Mr.P.Chidambaram, the new finance minister, had asked chiefs of government owned banks to put pressure on real estate developers / promoters / builders to lower property prices in order to get the economy moving. Lower Flats Prices..! In a meeting held recently with PSU bank …

Share:

Read More

Madras Stock Exchange: Investors Awarness Programme for Beginners On September 1, 2012

MSE (Madras Stock Exchange) Institute of Capital Markets has been decided to conduct Investors Education Programme for Beginners every first Saturday of the Month at Chennai. Investors Awareness Programme to be held on Saturday, the 1st September 2012 at 04.00 p.m. at the Ma…

Share:

Read More

Consumer Redressal Forum Ordered: DLF Ltd slapped with Rs. 7.12 lakh fine

A consumer forum has held a DLF group company guilty of resorting to unfair trade practice for taking money from a cancer patient for a flat in an unapproved residential project (Flat) and has asked them to pay him Rs. 7.12 lakh.  Indicting DLF Home Developers Ltd for takin…

Share:

Read More

Builders Protest Rise in Sand, Cement prices

About 500 people including builders / promotors and workers participated in the protest rally by BAI (Builders Association of India) to voice their disapproval over the soaring prices of cement and sand in the Tamil Nadu state. Five associations including CREDAI (Confederati…

Share:

Read More

Real Estate Trend in Hyderabad : From 2007 to 2012, June

The National Housing Banks - NHB 'RESIDEX' tracks the movement in prices of flats on a quarterly basis since 2007. The NHB RESIDEX now covers about 20 cities. Flat prices in 16 cities have shown rise in prices in this quarter ended June, 2012 over the previous quarte…

Share:

Read More