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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.

OBJECTIVES OF PARENT ASSOCIATION

» To encourage fraternity, feelings of co-operation and mutual help among the Members;

»To encourage adoption and promotion of fair business practices;

»To promote and protect the general interest of the Members and to keep liaison with the Government to formulate right policies relating to the trade, industry and profession of Real Estate Development;

» To initiate organized action on the subject connected with the profession of building construction and management thereof for increasing efficiency, productivity and quality by modernization and technology advancement;

» To collect and disseminate data, statistics and information on the subjects related to the profession of building construction and related subjects of interest to members;

» To formulate expert opinion on matters arising out of Govt. policies, to organise meetings, seminars, conferences, exhibitions etc.;

» To provide all possible expert advice, guidance and assistance to Members and to make all possible efforts to be a True Friend to the members entrepreneurs and to promote welfare promotional schemes for such Investors / Integrated Entrepreneurs / Members.