real estate news
Homebuyers' Guide: Understanding the True Costs of Homeownership
From maintenance charges to property taxes, society fees, repairs, and utilities—the real cost of homeownership goes beyond just loan repayments.
real estate news
Understanding the ₹7500 GST Threshold for Housing Societies
Learn how the GST threshold of ₹7500 per month impacts housing societies and what it means for residents.
real estate news
18% GST on Apartment Maintenance Fees: What You Need to Know
If a housing society's annual turnover exceeds Rs 20 lakh and an individual flat owner pays over Rs 7500 per month as maintenance, then 18% GST will be applicable on the full amount. Here's a detailed breakdown of the new tax rules and how they will affect homeowners.
Real Estate
Bengaluru Real Estate: Can Apartment Owners' Associations Cut Off Water Supply for Unpaid Dues?
A recent court order in Bengaluru allows apartment owners' associations to disconnect water supply for homeowners who fail to pay maintenance dues. This decision highlights the ongoing issues in the real estate sector and the measures being taken to ensure timely payments.
Real Estate Maharashtra
Maharashtra Legislature Approves Bill to Increase Vehicle Taxes
The Maharashtra legislature has recently passed a bill to increase vehicle taxes, aiming to boost revenue for road maintenance and infrastructure development.
Real Estate Pune
Pune Metro Services to Remain Closed from 6 AM to 3 PM on March 25 for Maintenance
Pune Metro services will be suspended from 6 AM to 3 PM on March 25 to facilitate essential maintenance work. This temporary closure is necessary to ensure the safety and efficiency of the metro system.