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Chitti_babu
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Username: Chitti_babu

Post Number: 3405
Registered: 03-2012
Posted From: 66.232.234.51

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Posted on Tuesday, October 23, 2012 - 05:53 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Eg:

For example if property is 1325 Sq. Ft. purchase at 2300 Rs Per Sq Ft.,
Cost is 1325X2300=3047500 30 lakhs
Plus Parking + Other Aminuties = Rs 300000 ie 3 lakhs

So in this case Service Tax is applicable only on Amount 3047500 Or on (3047500+300000 = 3347500)

Service tax calculation will be: (but not on both)
4.12% of 3347500 or 10.3% of 1/3 of 3347500
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Chitti_babu
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Username: Chitti_babu

Post Number: 3403
Registered: 03-2012
Posted From: 66.232.234.51

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Posted on Tuesday, October 23, 2012 - 05:43 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Registration Charges:

1) 7.5% of sale deed value to Joint sub-registrar

2) 1% VAT on total cost

3) Service tax on sale deed @ 10.3% of 1/3 value excluding land cost

4) Service tax on the value of agreement of construction @ 4.12%

5) labor cess @ 1% of structure cost.
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111
Side Hero
Username: 111

Post Number: 7152
Registered: 04-2008
Posted From: 182.18.179.4

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Posted on Tuesday, October 23, 2012 - 05:39 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Linkmaster:



emi bumps saaami ivi.. neeku kaavalsinantha source undi kadaaa?




konchemu detailed kavali linku..andhuke bump chesanu...
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Chitti_babu
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Username: Chitti_babu

Post Number: 3402
Registered: 03-2012
Posted From: 66.232.234.51

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Posted on Tuesday, October 23, 2012 - 05:39 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Carpet area is the effective area available for use within an apartment, excluding the area occupied by the walls. It also includes the areas of balconies if they are within the main door. It is measured from wall to wall within a house or apartment and is the actual floor area which can be carpeted , if required.

Built-up area or plinth area refers to the entire carpet area along with the thickness of the external walls of the apartment. It obviously includes the thickness of the internal walls and the columns, if any, lying within the four walls of an apartment. The commercial space is not taken into account in calculating the plinth area.

Super built-up area refers to the plinth area of an apartment or a commercial unit, along with the proportional share of other common areas like corridors, staircase, lift room, motor room, security room, meeting hall, clubhouse , gymnasium and any other common space dedicated for recreational purposes.


An Eg:
"Suppose the carpet area that you arrived at is 700 sq feet. And if the super built-up area shown in the advertisement is 875 sq feet, then this additional area is the proportionate share of common usable spaces like staircases, passages or lifts,"
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Linkmaster
Legend
Username: Linkmaster

Post Number: 30361
Registered: 02-2008
Posted From: 149.128.8.245

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Votes: 0 (Vote!)

Posted on Tuesday, October 23, 2012 - 05:19 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


111:




emi bumps saaami ivi.. neeku kaavalsinantha source undi kadaaa?
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111
Side Hero
Username: 111

Post Number: 7151
Registered: 04-2008
Posted From: 182.18.179.4

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Posted on Tuesday, October 23, 2012 - 05:17 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

bump again..
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111
Side Hero
Username: 111

Post Number: 7132
Registered: 04-2008
Posted From: 182.18.179.4

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Posted on Monday, October 22, 2012 - 02:23 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

bump
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Siloan
Megastar
Username: Siloan

Post Number: 29007
Registered: 03-2008
Posted From: 132.174.20.41

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Posted on Monday, October 22, 2012 - 01:09 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

idly babai ROM lo vunnadu
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111
Side Hero
Username: 111

Post Number: 7128
Registered: 04-2008
Posted From: 182.18.179.4

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Votes: 0 (Vote!)

Posted on Monday, October 22, 2012 - 01:09 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

emiti asalu response ledhu..wrong time lo padindha..
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Andhrawala
Hero
Username: Andhrawala

Post Number: 15249
Registered: 03-2008
Posted From: 152.51.56.1

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Posted on Monday, October 22, 2012 - 12:28 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


111:

If car parking also will part of this X sq ft ?




Some builders are including this. Others are selling Car Parking for 2 or 5 lakhs depending on the location
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111
Side Hero
Username: 111

Post Number: 7127
Registered: 04-2008
Posted From: 182.18.179.4

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Posted on Monday, October 22, 2012 - 12:28 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

give me some details about service tax and labour cess details also ?

what ever builder charges from us on the name of service tax , will he pay completely to gove or any mis usages will be there?

what is labour cess ? i am hearing first time..
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111
Side Hero
Username: 111

Post Number: 7126
Registered: 04-2008
Posted From: 182.18.179.4

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Votes: 0 (Vote!)

Posted on Monday, October 22, 2012 - 12:26 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

i have `1 question regarding Apartment..if builder says total flat area is X sq ft which includes common area..

what are all things will be part of common area other than corridor and steps?

If car parking also will part of this X sq ft ?

and when we get final sale deed , Is builder suposed to mention howmany sq ft will be flinth area and howmany sq ft is common area ?

konchemu detailed ga mentioned cheyyandi

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