Value of FSI and TDR not to be included in land value under Section 50C of Income Tax Act; January 29, 2013

Value of FSI and TDR not to be included in land value under Section 50C of Income Tax Act Transfers of immovable property are required to take place at a fair valuation as per Indian tax laws. In a judgment that could have significant consequences for the real estate sector, the Mumbai Bench of the Income...

Increase in Jantri price suprisingly followed by increase in sales

Gujarat sees increase in number of registrations at the Registrar of Stamp Duty (Dastavej) in spite of Jantri increasing from 10-400% lately. June 2010: 85,431 Dastavej June 2011: 90,884 Dastavej Increase in Dastavej : 6.3% 10,000 Aprox dastavej done in Surat every month. For full story, Click...

Disneyland Sentosa Genting type parks @ Suhali beach, Hazira – Surat

The world’s leading theme park operators—Disney World, Canada’s Wonderland, Sentosa of Singapore and Genting of Malaysia—are in talks to set up a Disneylandstyle park in Gujarat, that could be bigger than the Disneylands in...