033 4084 4084 WB HIRA Reg. No:HIRA/A/KOL/2018/000007
visit to - hira.wb.gov.in

 

News Updates

14 Jun19

Government Moderates the Rate of ESI Contribution from 6.5% to 4%

The rate of contribution under the ESI Act has been cut off to 4% from 6.5% by The Government of India (employers’ contribution being reduced to 3.25% from 4.75% whereas the employees’ contribution is being reduced to 0.75% from 1.75%). These rates will be active from 01.07.2019. These changes will benefit 3.6 crore employees and 12.85 lakh employers. The reduced rate of contribution will bring about a considerable relief to workers and it will benefit later enrolment of the workers

more ...

13 Jun19

Conflict to be taken to NCDRC if the flat value and claim exceeds Rs 1 Crore

When a flat cost exceeds Rs 1 crore its buyer will now have to file a consumer dispute directly in front of the national commission in Delhi, not before state commission in the city. The Maharastra state consumer dispute redressal commission recently stated that price of a flat will decide which commission has jurisdiction to hear disputes filed under Consumer Protection Act (1986). The market for affordable housing in Mumbai Metropolitan Region (MMR) which gained fame mostly in Kandivali,

more ...

12 Jun19

Recently Alipore is Reaching Heights in Terms of Properties

Best property selling locality: Alipore It is said that Alipore is almost as old as Kolkata and British developed most of Alipore. Alipore having a historical outlook with old Kolkata building has become a tourist attraction over the years, notwithstanding the changing society Alipore has remained the same and has been on the green area list right after Saltlake. The home buyers are aiming at purchasing their property in Alipore not only for the area also for the developing amenities who could

more ...

10 Jun19

Calculation of the property coming from selling a house

The profit coming from selling a house is called “Capital Gains”.  Let’s look at how the tax on these capital gains is calculated and the opportunities that taxpayers have, to reduce the tax burden. The “capital gains” is one of the points of the Indian tax laws. The profit coming from the sale of a capital asset is taxed under the “capital gains”. According to the tax policy the holding time Due to the reason for imposing a tax on capital gains,

more ...

04 Jun19

Property Buyers Are Even More Hopeful: Boost in Real Estate Market

The homebuyers have found their way back to real estate for obvious reasons, with the onset of a big boost in the industry in two year for the favourable property price, cuts in goods and service tax (GST) and growing expectations of lower interest rates have challenged other industries returning the loyal consumers of real estate. Leaving out the steady improvement pace that this sector has taken the relatively lower number of launches is also supporting the market hobble back to regularity.

more ...

04 Jun19

How the Buyers will Deal with Agreements without Possession Date

A lot of developers, in the past, have not mentioned the possession date in the agreement. Times have surely changed and there is a lot that home buyers can do, under RERA, in such cases when judgment passed have come out on favor of the homebuyers. Plenty of cases are an example of homebuyers facing delays in getting the possession of their property. In a lot of cases, it has so been that more than five or six years have passed by. Few developers have crossed the line by not mentioning the

more ...

04 Jun19

Which Colour is Accurate According to Vastu

Each colour has significance on the inhabitants, hence experts’ advice on choosing the accurate colours for various rooms in your residence.  We know that different colours have a significant psychological impact on people. Since your house is the place where major time is spent keeping in mind that colours generate distinctive emotions in people. Hence, it is essential to keep an appropriate balance of colours in your residence to feel fresh and live a healthy life. Residential

more ...

30 May19

The Rental Profits Earned by the Builders Might Dodge the Finance Ministry For a 10-year Term

The ministry of finance might be looking at 10 long years of tax vacation for real estate developers on profits earned from rental housing to stimulate investment and increase the slow economy generation in the sector. The senior officials of the finance ministry are approaching the real estate market to come up with ways to defeat the challenges of the real estate market. Residential flats in Kolkata will fall under this regulation and therefore if these kinds of flats are let out will face

more ...

28 May19

Essential documents for Purchasing a Property

Before buying a property in Rajarhat or anywhere in Kolkata know about the documents which are mandatory for producing before the bank for a home loan and is also a proof of everything that you are buying yourself into. There are a handful of documents that you will need to produce before your booking could finally be complete. The list of documents that you will need is given below: 1. Sale Deed This is a vital piece of paper necessary for property purchases. Original sale deed has to be

more ...

27 May19

Ray of Light Falls on Real Estate with The Current Government

Will the Real Estate sector boost maintaining its pace and eventually pick up speed with the onset of the second phase of the present government? Are Flats In Rajarhat available with new pricing charts? Is the real estate market aiming to see advancement in the industry topped with doubled up investments from the both domestic and foreign market along with a hike in business with the help of the new formed five years plan? Well, reports of the same are being updated every minute. Are these

more ...