Latest Realty News

Peripheral locations in Bangalore host more affordable homes
Jul 26, 2013
BANGALORE: With the city extending towards new peripheries, residential development has also grown to accommodate the requirements of a burgeoning working population. As large multinational establishments are finding spaces in far-flung localities, the demand for housing in these belts has picked up. Reasonable cost of land has led to the emergence of the affordable or budget housing segment to cater to a younger, first time buyer profile coming to the city.
Invest in property to avoid capital gains tax
Jul 26, 2013
BANGALORE: Capital gains arise when a house is sold. Capital gains tax is leviable on the sale or transfer of a house. It is computed on the indexed cost of the house sold. This cost is deducted from the amount received by the seller. The indexed cost is computed according to the indexation rates notified by the Income Tax Department for each year.

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