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Property Cost Inflation Index – Meaning and Index from 1981-82 till 2014-15
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What is Cost Inflation Index (CII)? It is a measure of inflation that finds application in tax law, when computing long-term capital gains on sale of assets. Section 48 of the Income-Tax Act defines the index as what is notified by the Central Government every year, having regard to 75 per cent of average rise in the consumer price index (CPI) for urban non-manual employees for the immediately preceding previous year. Therefore, if we consider that price of a capital asset has risen in tandem with base price rise, then if one want to sell an asset and replace it, the cost allowed even after indexation will be lesser than the price payable for new asset. However, in case of many capital asset the price rise is lesser than market price and in many cases it is higher. How does CII help in capital gains computation? Capital gain, as you know, arises when the net sale consideration of a capital asset is more than the cost. Since “cost of acquisition” is historical, the concept of inde
How to check that Your Name is added to Voter List in PUNE & MAHARASHTRA
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THIS SMALL IS BIG
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PUNE: Flourishing micro markets catering to various socio-economic groups make Pune an attractive investment destination If various pockets of af fluence are indicators of the success of a real estate market, Pune can well be defined as a city that has in its DNA all the attributes of a global city. The economy of the city in general and its real estate in particular stands uniquely positioned with many micro markets catering to various socio-eco nomic groups within the Pune market and collec tively this makes Pune an attractive investment des tination. In terms of investment and property landscape, Pune till very recently, was referred through its central business district (CBD) of MG Road, Koregaon Park, Bund Garden, Kalyani Nagar, Dhole Patil, Fergusson College Road and Jangli Majaraj Road. Today, there are many markets that can easily be touted as thriving economic destinations, if not CBD in the traditional sense of the term.
Instantly check ownership record online of any property registered in PUNE & other cities of Maharashtra.
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Greetings to All, Reg. registered docs to check online : After your flat registration gets over, you can see it online also so sharing you the procedure for your viewing online as follows: 1) www.igrmaharashtra.gov.in ( this website has latest updated all properties ownership records of all major cities of maharshtra including PUNE which is very useful for knowing current status of ownership or if someone buying a property and need authentic information about its ownership.) To check Registered document online, pls keep ready your original document received by you after registration where the detail will be available in first page upon "PAVATI" then follow Step:
Looking for Equity Partners who can dream of developing an Integrated Township on a Land available up to 100 Acres !!
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Hi, just thought to share one developer requirements of equity partner in his 100 acres plus development near Kolkata....here is message: Looking for Equity Partners who can dream of developing an Integrated Township on a Land available up to 100 Acres !! Dear Sir/ Madam, Established developer of Kolkata,
Online system to speed up land deals, update records
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PUNE, The state government has introduced an e-mutation system, a computer-based online mechanism that will maintain updated land records with greater accuracy . The system will ensure that citizens do not have to wait for a long duration to complete their land-related transactions at the talathi's office. Besides, it will also help the revenue department to process applications in less time. Initially, only 35 talukas
Budget 2014: Tax incentives on home loans to ensure housing for all.
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NEW DELHI: Union Budget 2014-15 sprang a pleasant surprise on home loan borrowers by hiking deduction on home loan interest under Section 24 from Rs 1.5 lakh to Rs 2 lakh. Enhancement of Section 80C limit is also a positive for those paying large EMIs but not getting full tax benefits on repayment. According to Gaurav Karnik, tax partner, real estate practice, EY, "Increase in these two deduction limits by Rs 50,000 each will act as an incentive for home buyers." According to calculations available from EY, total tax saving home loan borrowers stand to make due to these two changes, if their gross total income ranges from Rs 9-15 lakh, will be Rs 20,600-30,900.
Enthused by the regime change at the Centre, real estate sector turns bullish.
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With the regime change at the Centre and the expectation of business-friendly policies, real estate developers and lenders appear to be have turned highly optimistic about the sector's prospects. According to the FICCI-Knight Frank Real Estate Sentiment Index, all stakeholders now expect more new launches & a pickup in sales.
Benefits of buying property in Underconstruction.
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Dear Readers, Greetings to all... As involved often with buyers and investors to purchase properties in emerging great destination of PUNE City, Maharashtra and thought to share interesting information about many benefits of buying property in Under construction stage which will surely help again many to take decision to purchase property soon, the list of benefits are as follows: 1) New Property: if you buy property in under construction then you will get absolutely new unused property which is always desirable by every one and gives great good feelings.
BUDGET 2014 - 2015: Take a home loan, take home more.
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FM Raises Deduction On Interest Payments; Why rent when you can buy and beat tax? The Budget made purchase of homes more attractive, at least for the middle class, by raising deduction against interest payment on home loan from the taxable income to Rs 2,00,000 from Rs 1,50,000. This will enable a home buyer to save an additional amount of
KHARADI Great real estate investment opportunity in Pune, Maharashtra, india
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Buy Flats inside Hinjewadi to avoid traffic jams and great opportunity to invest.
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Dear Readers, As Traffic situation is getting worse everyday on Hinjewadi flyover which connects wakad to Hinjewadi IT park, just upon Mumbai - pune expressway. many are looking for Residential options to stay inside Hinjewadi so There is good news that some very good opportunities have come to invest or stay just touching to it park first time as till date,
Wagholi Emerging investment destination with great potential in PUNE.
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Phoenix Fountainhead - Luxury Living at Pune's most Premium Location
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Q & A with NRI / PIO client for investing in PUNE's properties.
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Question: Hello Deepak, I got your mail contact from your blog, I am not sure about how your engagements with clients work. I am looking for buying a house in Pune for Investment purposes. I will currently living in Amsterdam- Netherlands and need the possesion sometime in 2016 or maybe a year later, so looking for something which is in pre-launch phase or just starting up Please let me know if you have any ideas of what properties I can look into based on my criteria Thanking in Advance Regards, Answer:
Available Properties for Sale / Lease for School, Hospital, Restaurant, Hetels & commercial purposes In pune..
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Investment offers in most happening areas of Viman Nagar & Kharadi, Pune (Plots & Service Apartments)
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TDS payment on property procedure by visiting bank branch
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