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How to Set Up Industrial parks

By Accommodation Times Bureau By Rajkumar S. Adukia Chartered Accountant, www.carajkumarradukia.com The term industry originated from the Latin word industrius meaning “diligent, industrious”. It is generally used for the economic activity of manufacture and production of goods. Industry began in its present form... (Continue reading)

Final proposal of Union Budget 2012-13

By Accommodation Times Bureau Presenting amendments to Finance Bill, Pranab Mukharjee said “I presented the Budget for the year 2012-13 on 16th of March, 2012. Since then I have received a large number of suggestions both from within the House and... (Continue reading)

Proposal for TDS on Property Transactions withdrawn

By Accommodation Times Bureau On 7th May 2012, Union Finance Minister, Pranab Mukharjee withdrawn the proposal to deduct tax at source on property transactions. He said” The Finance Bill proposes that every transferee of immovable property (other than agricultural land), at... (Continue reading)

What drives a real estate broking business?

By Accommodation Times Bureau By Sahil Shah, Remax, MGM Inventory: The lifeline of a real estate broking business is the inventory that an agent has to offer the real estate customer. When a person walks into a real estate property and he... (Continue reading)

What do sellers want from real estate professionals?

By Accommodation Times Bureau By Sahil Shah, Remax, MGM Sellers typically have a mindset that they want to get rid of the property as soon as possible and at the same time they want the money to come to them quickly. So... (Continue reading)

Role of Women in real estate brokerage

By Accommodation Times Bureau By Sahil Shah, Remax MGM Women have an important role to play in the real estate brokerage industry. They can look at serving the industry by contributing their time towards it. The benefits of having women realtors are: Trust:... (Continue reading)

What do buyers expect from real estate agent?

By Accommodation Times Bureau By Sahil Shah, Remax, MGM Buyer expects the following things from a realtor. 1. Choice: When a buyer goes into a real estate broker’s office – the single biggest thing that he expects is more inventory. He wants a... (Continue reading)

Land cannot be treated as short term capital assets

By Accommodation Times Bureau Assessee has produced valuation report at the time of purchase as well as sale. In Remand, Assessing Officer has not pointed out any lacunae in the same. Moreover, the cost of land so bifurcated was being already... (Continue reading)

Bombay HC dismisses petition challenging applicability of VAT on sale of flats

By Accommodation Times Bureau THE Bombay High Court appears to have served a body blow to realtors in Maharasthra. The HC today dismissed their petition that challenged the applicability of Value Added Tax (VAT) on sale of flats. The builders argued... (Continue reading)

India have just 20 Lakh homeless

By Accommodation Times Bureau The Minister for Housing and Urban Poverty Alleviation Kumari Selja has said that the Census of India, 2001 had estimated that 19,43,766 people are homeless out of 1,02,87,37,436 people in the country which is 0.2% of the... (Continue reading)

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