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Showing posts from April, 2012

Search your estate through internet

Life has become really easy and comfortable in 21 st  century. Today you can sit at the corner of your home and get everything from anywhere within a click of the mouse. So is your  real estate   invest ment. You can easily hunt for home and flat on internet. Internet is a store house for information. All you must do is use it wisely and get your dream home  to live in. Do check through different real estate websites. Select a place first. This is very important, if you do not have fixed spot and you are into traveling job, you may face trouble in settling down. Therefore identifying a city or town becomes very important. Once you have fixed on the town or city, you can now search through the website and check the various real estate  projects  that town offers you. Next, plan out the design and structure of your house. For this activity also you can flip through various pages of websites and finalize on the most suitable one. Discuss with your famil...

Vacant land is likely to be taxed, Govt to fund infra projects

The government is concentrating on a ‘vacant land tax’ to check large scale hoarding of land and generate revenues to facilitate suffering infrastructure sector in several cities. The Planning Commission suggested the new tax system will be based on “ready reckoner capital value” and be charged at 0.5% of the total value of the land. According to the proposal the group has suggested that government vacant land also have to be taxed. Several developers are using vacant land for tentative purposes, sources said. According to the senior official of the urban development ministry, the developers are buying land and keeping it vacant for long time till the prices are rising. The official further said that, funds through this tax system will generate the more revenue and would help to the municipal authorities to fund crumbling infrastructure Source:. http://www.accommodationtimes.com