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YEAR ENDER: Expectations of real estate industry from 2013
Source : The Times of India

Most industry experts have indicated that problems such as rising cost of input materials, and labour, and high interest rates will further put the industry under stress. This coupled with huge genuine demand will further push property prices in the coming year.

Income tax on property: A ready reckoner
Source : The Times of India

One of the most appealing reasons to buy property is the tax benefits that can be derived. Investments in property offer triple benefits: capital appreciation, tax exemptions and rental income, if applicable. Additionally, the financial burden that comes with a housing loan is easily offset with the tax benefits, which we'll examine case by case.

Consumer Grievance Redressal Forum

The Consumer Grievance Redressal Forum has been enacted to provide better protection to the interests of customers connected with the “member real-estate developers - CREDAI BHIWADI” and for that purpose to make provision for the establishment of authorities for the settlement of customer’s dispute and other related matters.

The jurisdiction of Redressal Forum extends to the whole Bhiwadi region and it deals with the complaint of respective customers of member developers. The jurisdiction of this Forum shall be in addition to and not in derogation of the provisions of any other law of land for the time being in force.