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I own a piece of land in Thane jointly with my three brothers. Now we have approached a builder to build a residential property on that land. We have received two offers from the builder. One, he will pay us 40-60 lakhs and 4 2BHK flats. Two he will give us a lumpsum amount of 2.5 crores. Will the proceeds from this development be taxable, and if so what will be the tax rate in each scenario?
Has there recently been a court order which restricts granting of permissions for new construction activity in Mumbai?
I am going to inherit a property, could anyone help me with the inheritance laws for an apartment or flat?
I am looking to transfer the ownership of my flat, any ideas or suggestions on how to go about the process?
I wish to register a gift deed but don't know the charges, does anyone know what the charges are?
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