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129 Answered
We would suggest you to check this detailed post here: How will GST affect Homeowners and Housing Societies?
If I buy an under construction property in Mumbai which was earlier allotted by the builder to the land owner, through a tripatriate agreement with the land owner and the builder, is VAT payable on this transaction? What would be the GST implications?
If an immovable property is to be transferred via a gift deed, are there any taxes to be paid on the same?
I am from the association of a 2 year old apartment in Whitefield. We are facing some problems related to the issue of charging maintenance. Our sale deed specifically mentions about the payment of the common cost and as per square feet of area of the flat. Now people are arguing that such maintenance constraints aren't valid even after being mentioned in the sale deed. Does the association have the authority to over rule the sale deed and decide on its own? Also, if they decide to charge differently from the sale deed can they be sued?
If a flat is to be transferred from the owner to the society does it take very long?
What is the basis for the calculation of society maintenance?
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