Unique Keemaya Builders - Real Estate in Mumbai

Real estate industry in India is one of the most recognized sectors which has gone through a notable change in the recent past affecting builders as well as the final buyer to some extent. Latest happenings in real estate industry One of the most recent happenings is that the new GST tax rates for real estate sector were approved. The new rates became effective from 1st April, 2019 where GST rates for affordable housing and normal housing properties have been reduced to 1% and 5% respectively. However, the plan allows real estate developers to choose between old tax rate with ITC (input tax credit) and new tax rates without ITC for residential projects which are under construction aimed at resolving issues with ITC. For ongoing projects builders are allowed to pay tax at old rates (8% or 12% with ITC) only once where construction and booking started before 1st April, 2019 but could not be completed before 31st March, 2019. However, on all new projects tax rates of 1% and 5% with

Buying a property is an investment of a lifetime and it is one of the most important decisions one makes in life often requiring the services of a real estate broker. Owning a magnificent home like UK Iridium is a process involving several steps and you should trust a broker who is honest and professional. They know the ins and outs of the market and an experienced broker help you find exactly what you are looking for. But you may lose your money as well as your sleep if you are in wrong hands. So following are some of the things to keep in mind while buying your home from a broker. • Know the current brokerage charges Brokers are supposed to earn a commission which is mostly a certain percentage of the deal price. A bit of research is required on your part, so that you do not end up overpaying. You should find out the current brokerage rate for similar properties in the area. Also enquire about the rate of commission the broker is charging from other customers. For reference you