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Showing posts from June, 2021

How to find project details on MahaRERA website?

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Maharashtra RERA is having the most number of residential projects registered under it across the country. As per the RERA norms, all registered projects are mandated to submit their project details on the RERA website. Here’s a step-by-step guide to navigate through the website and extract all real estate project details. Of all the States that notified the Real Estate (Regulation and Development) Act, 2016 rules, MahaRERA has been the most active in terms of executing the norms across the State. The State regulator came into force in May 2017, much before other State’s had formed their regulatory authorities. Interestingly, MahaRERA also takes care of the property registrations in Daman and Diu, and Dadra and Nagar Haveli. many homebuyers are still not aware of the process to check various project related details along with its RERA-compliance. Here, Sharing Step-by-step guide to find RERA-related details of a particular project on Maharashtra RERA’s website. Finding project related

Delighted to share that we have assisted Sahyadri Agro

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Delighted to share that we have assisted Sahyadri Agro which are one of the largest exporter of fruits & vegetables of India to find suitable space to establish their one of the first retail store in Pune. It’s really a great feeling to be part of such brand at this early stage of their retail chain expansion. Looking forward to bring & assist many more brands in near future to our rapidly growing, amazing, immensely potential city of PUNE. 

How to file TDS on the Sale of Property

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Buyer is liable to deduct and pay taxes. Section 194IA deals with the requirement of TDS deduction by the buyer at the time of purchase of the property. Requirements of section 194IA From 1 June 2013, when a buyer buys immovable property (i.e. a building or part of a building or any land other than agricultural land) costing more than Rs 50 lakhs, he has to deduct tax at source (TDS) when he pays the seller. This has been laid out in Section 194-IA of the Income Tax Act. The buyer has to deduct TDS at 1% of the total sale consideration. Here, the buyer is required to deduct TDS, not the seller No TDS is required to be deducted if sale consideration is less than Rs 50 lakhs. The buyer of any immovable property need not obtain a TAN (Tax Deduction Account Number) for making payment of the TDS on immovable property. You can make the payment using your PAN. For the purpose of making payment of TDS on immovable property, the buyer has to obtain the PAN of the seller, else TDS is deducted at