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Rent from residential premises may be exempted from GST | 360 Property Management

Govt seeks powers to levy GST on all rental income HIGHLIGHTS GST unlikely to be impoised on individuals renting out homes Currently, service tax is levied on rental income from commercial property only GST rate on housing is expected to be pegged at 18% Rent from residential premises may be exempted from GST. The government […]

Infra status to boost low cost housing – Budget 2017

Builders will be eligible for tax and subsidy incentives, and institutional funding at affordable rates. Union Finance Minister Arun Jaitley, in the Budget 2017-18, has proposed to grant ‘affordable housing’ the coveted infrastructure status to facilitate higher investment in the sector and, in turn, achieve the government’s ambitious goal of ‘Housing for All’. The grant […]

Top 10 expectations of real estate sector from Budget 2017

Developers have for long been demanding single window clearance to remove bureaucratic delays, which in turn d… Read More  Real estate industry has high expectation from the upcoming budget 2016-17. Stakeholders are demanding that central government gives relaxation in income tax rate, provide clarity on GST, raise House Rent Allowance (HRA) deduction and announce policies […]

Chennai among India’s top 5 hotspots for residential property investment

These cities have shown consistent performance year after year and attracting new business and industry. The top five hotspots for residential property investment in the country today are Mumbai, Bengaluru, Hyderabad, Ahmedabad and Chennai. These cities are more or less regulars on most hotspots lists, but there is a sound rationale behind their consistent performance […]

A vintage elegance

    The Victorian theme lends a grand look to the interiors of your home. For a sophisticated and classic look, opt for the Victorian theme for your home decor. This theme can be infused in several doses to impart opulence in layers in the various areas of the home. The Victorian look can, at […]

Demonetisation slows down Chennai real estate sales

This fourth quarter saw a slowdown in real estate sales in Chennai with a 55% drop in housing units sold year-over-year. CHENNAI: The fourth quarter of the calendar year is usually the most hectic time when it comes to real estate sales in Chennai. With the festive season, fat Diwali bonuses, the auspicious day of […]

Dos and don’ts after cyclone Vardah

CHENNAI: The revenue administration department of the Tamil Nadu government on Monday released a list of dos and don’ts for the general public after cyclone Vardah wreaked havoc in Chennai and surrounding districts. In a release, the department recommended the following safety measures. 1. Till safety returns, do not go to areas where floodwaters have […]