Collector rate / Circle rates effective the for the financial year 2014-2015 from 01.04.2014

Click for Circle Rates or Collector Rates for the year 2015-2016

Gurgaon administration has made new Collector rate / Circle rates effective the for the financial year 2014-2015 from 01.04.2014

As per new notification the Collector rate / Circle rates are as under:

HUDA Sectors	Residential    per sq yards	Commercial        per sq yards
Sectors-1, 2, 3, 3A, 4, 5, 7, 9, 9A, 10, 10A, 12, 12A,	Rs 33,000/-	Rs 1,35,000/-
Sector-21, 22, 22A, 23, 23A, 39, 45, 46, 47, 48, 49, 50, 51, 52, 55, 56, 57	Rs 38,000/-	Rs 1,65,000/-
Sectors-38, 40, 41, 53, 54	Rs 44,000/-	Rs 1,65,000/-
Sectors-14, 15, 17, 27, 28, 30, 31, 42, 43	Rs 50,000/-	Rs 1,65,000/-
Sector-29	NA	Rs 2,20,000/-
Sector-18, 19, 20	NA	Rs 1,10,000/-
Sector-35, 36		Rs 88,000/-
Private Developers	Residential    per sq yards	Commercial        per sq yards
DLF Phase-1, Sushant Lok-1	Rs 77,000/-	Rs 1,65,000/-
DLF Phase-2, 4, 5, Greenwood City, Nirvana Country, South City-1	Rs 72,000/-	Rs 1,65,000/-
DLF Phase-3, National Media Center	Rs 66,000/-	Rs 1,65,000/-
South City-2, Suncity (Sector-54), Rosewood City, Garden Estate	Rs 60,000/-	Rs 1,65,000/-
Malibu Towne, Uppal Southend, Mayfield Garden, Ardee City, Sushant Lok-2, 3, Jal Vayu Vihar, Palam Vihar, Vipul World(Sohna Road), Vatika City(Sohna Road), Uniworld Resorts(Sector-33,48)	Rs 50,000/-	Rs 1,40,000/-
Ansal Ecensia (Sector67)	Rs 33,000/-	Rs 1,00,000/-
Co-operative Group Housing Societies		Residential            per sqft
Co-operative Group Housing Societies in Sector 1-57		Rs 3600/-
Multi Storey Group Housing (Licensed) by developers/Independent Floors		Residential         per sqft
Apartments like Aralia, Magnolias, World Spa, Ambience Caitriona, Parsvnath Exotica, The Verandas		Rs 7000/-
Group Housing Sector-1 to 57		Rs 5000/-
Independent Floors on the plots of HUDA (Sector-1 to 57)		Rs 4500/-
Independent Floors on the plots of Licensed/Approved Colonies		Rs 5500/-
Flats in Group Housing Societies & Independent Floors on plots of Licensed/Approved Colonies Sector-58 to 67 (New Sectors)		Rs 3300/-
Flats in Group Housing Societies & Independent Floors on plots of Licensed/Approved Colonies Sector-68-113 (New Sectors), Sector-37C& 37D (New Sectors)		Rs 2600/-

       

The author can be reached at 9899740003 or pankaj@easyghar.com for discussion and further clarification.

Author manages a leading real estate portal www.easyghar.com

Result of HUDA draw for alternate plots in Gurgaon held on 17th, 18th, 19th, 20th & 21st of February 2014

HUDA held draw for the disputed plots as per schedule on 17^th, 18^th, 19^th, 20^th & 21^st of February 2014 at HUDA's Sector-56, office in the presence of HUDA Administrator. 

This draw brought happiness to some people who were waiting for alternate plots since long whereas many of the plot owners felt cheated as HUDA allotted them plots inferior locations and  much under developed pockets of Sector-57 etc.

Many of the plot owners are planning to challenge their alternate allotments in this draw, as they had bought their plots in resale after analyzing the location and fresh allotments are nowhere in comparison to their plots.

Those owners who missed the draw can know the details of allotment by sending the following information at pankaj@easyghar.com

Plot No. (Disputed)      :

Sector                            :

Size of Plot                    :          Marla/Kanal

Contact No                    :

The author of this article can be reached at 9899740003 or pankaj@easyghar.com for further clarification. 

Author manages a leading real estate portal www.easyghar.com

HUDA to hold much awaited draw of disputed plots in Gurgaon on 17th, 18th, 19th, 20th & 21st of February 2014

Owners of disputed HUDA Plots can finally see their dreams coming true as HUDA Gurgaon has finally decided to hold the much awaited draw of such disputed HUDA plots on 17th , 18th , 19th, 20th & 21st of February 2014.

On 17.02.2014 HUDA will hold the draw of    :-  1.5 & 1 Kanal Plots

On 18.02.2014 HUDA will hold the draw for   :-  14 Marla Plots

On 19.02.2014 HUDA will hold the draw for   :-  10 Marla Plots

On 20.02.2014 HUDA will hold the draw for   :-  8 Marla & 6 Marla

On 21.02.2014 HUDA will hold the draw for   :-  4 Marla & 2 Marla

Those plot owners who don't find their plot in the above mentioned list should approach concerned Estate Officers on 16.02.2014.

The author of this article can be reached at 9899740003 or pankaj@easyghar.com for further clarification. 

Author manages a leading real estate portal www.easyghar.com

Filing of TDS on purchase immovable property made easy

The Central Board of Direct Taxes (CBDT) has notified the new provision under section 194IA, wherein after 01.06.2013 1% Tax Deducted at Source(TDS) has to be levied on sale/transfer of  immovable property (other than rural agricultural land) exceeding  Rs 50 lakhs. Buyer of the property is required to deduct the 1% TDS before making the payment to the seller.  

Since this tax is new and not everyone is well versed with the concept. There is confusion amongst the property buyers and sellers, we have tried to answer most of the queries in the simplest of the way.

Who will deposit this tax?

This tax has to be deposited by the buyer on behalf of the seller and after the registration/transfer/allotment buyer gives seller certificate 16B (16B is certificate given by buyer certifying that the 1% TDS has been deposited in government treasury on sellers behalf).

What if property is bought on lump sum or in  installments?

If property is bought on lump sum basis then 1% of the total sale consideration has to be deposited as TDS.

If the property is bought on installments or bought in construction link plan then 1% TDS has to deducted and deposited if the cumulative value of the property is more than Rs 50 lakhs. Buyer has to deposit 1% as TDS in each installment.

How to deposit?         

This is the question that troubles most of the buyers, but it is very easy and can be done at ease. It will just few minutes if buyer has net banking facility and for those who don't have net banking then process becomes bit lengthy but remains easy.

For those who have net banking.

• Those buyers with net banking can open  Form 26QB (Form to file TDS on property).
• Before filling the form buyer must have Pancard Number of both buyer and seller.
• Buyer must have the correct address of the property purchased and  complete residential addresses of buyer and seller.
• Click Here and select Form 26QB and start filling up the requisite information.
• Once you fill the form it will ask you to confirm the details (this is important).
•  After confirmation 9 digit acknowledgment number will be allocated to you.
•  Then you will be asked to proceed for payment.
•  Select your bank and make payment

·       Once your payment is done you will receive Challan Identification number (CIN). This CIN is the proof that buyer has made the payment of TDS on behalf of seller. This CIN Number is required to mentioned in registry/transfer documents.

For those who don't have net banking facility.

If the buyer does not have net banking facility then it is advised to get net banking facility activated, it takes a week's time to get this service activated. In case net banking con not be activated then follow these steps.

• Click Here and select Form 26QB and start filling up the requisite information.
• Once you fill the form it will ask you to confirm the details (this is important).
• After confirmation 9 digit acknowledgment number will be allocated to you.
•  Take 3 prints of acknowledgment.
• Contact the bank (Click here to see Income Tax approvedbanks). 
• Please note not all banks accept TDS/Challan. Enquire about  such branch.
• Deposit money in cash or cheque in  selected bank. 
• Bank must deposit TDS by its net banking account.

·         Once your payment is done you will receive Challan Identification number (CIN). This CIN is the proof that buyer has made the payment of TDS on behalf of seller. This CIN Number is required to mentioned in registry/transfer documents.

What after the Challan Identification number (CIN) is issued?

Once the CIN is issued then buyer can proceed with final transaction i.e. transfer or registration. After this buyer is required to sign and give 16B certificate (Certificate of TDS deduction) to seller for his Income Tax return and related purposes.

Form 16B will be available for download from the website of Centralized Processing Cell of TDS (CPC-TDS) www.tdscpc.gov.in

We have tried to simplify the filing of TDS on sale & purchase of immovable property worth more than Rs 50 Lakhs

For more FAQs and their answers  Click here

For tutorials on how to file TDS on net Click here

The author of this article can be reached at 9899740003 or pankaj@easyghar.com for further clarification. 

Author manages a leading real estate portal www.easyghar.com

HUDA has cleared 382 disputed plots in Sector-57, Gurgaon

In a major relief to the plot owners of Sector-57, Gurgaon, HUDA has cleared huge number of plots which were earlier part of disputed plots. 

Those plot owners who wish to know if their plot is amongst the cleared plots or not are requested to send their plot number, size (Marla) at easyghar@gmail.com along with your contact number. You will be intimated with the status via email or on your mobile.

The author of this article can be reached on pankaj@easyghar.com for further clarification. 

Author manages a leading real estate portal www.easyghar.com

Deadline for the proposed draw of disputed HUDA Plots in Gurgaon to be extended

In the recent development in Gurgaon, HUDA has cleared 382 plots in Sector-57 from encroachment and HUDA says that cleared plots will be given to the allotted in coming days.

Because of this the draw of disputed plots in Sectors 51, 52, 57 etc which was to be held before 8th December as per the directions on Hon'ble High Court of Punjab & Haryana. This clearance of HUDA plots in Sector-57 has delayed the process as new list will have to be prepared.

As of now it can be said that ambiguity of draw still persists. 

The author of this article can be reached at 9899740003 or pankaj@easyghar.com for further clarification. 

Author manages a leading real estate portal www.easyghar.com

Plot Owners of Sector-52, Gurgaon file contempt of court case against Chief Administrator HUDA for enhancement issue.

Hon'ble High Court of Punjab & Haryana on 30.01.2013 in CWP 1939 of 2013 (filed by HUDA Plot owners of Sector-52, Gurgaon under their association Progressive Citizen Welfare Association, Sector 52, Gurgaon) had directed HUDA to address the issue of enhancement of plot's cost and expedite the matter by involving the plot owners. Plot owners of Sector 52, Gurgaon waited for good 8 months but HUDA did not paid any heeds to the grievance of the ordinary citizens and after seeing that HUDA is not bothered at all decided to file Contempt of Hon'ble Courts Order against the Chief Administrator, HUDA, Panchkula, Haryana. 

The Contempt of Court Case vide COCP 2669 of 2013, was filed in Hon'ble High Court of Punjab & Haryana on 09.010.2013 against Sh A.K Singh, Chief Administrator HUDA, Panchkula, Haryana. Next date is fixed for 01.04.2014. Plot owners are now hopeful that HUDA will pull up their socks and do all efforts to save their Chief Administrator Sh A.K Singh from ire of Hon'ble High Court Judges.

The hope and belief of getting relief from erroneous, atrocious, escalated and non maintainable enhancement cost levied on the plot owners of Sector 52, Gurgaon. 

Till date the plot owners of the following plots are the members of Progressive Citizen Welfare Association, Sector 52, Gurgaon.

26, 27, 46, 125, 131-P, 438, 503, 509, 515, 554, 555, 556, 582, 585-P, 587, 628-C, 659-P, 661-P, 695, 706, 710, 736-P, 1082 E, 1083 F, 1244, 1247, 1249-P, 1257, 1263-P, 1318, 1387, 1413-P, 1463, 1708, 1790-P, 1867-P and many other plot owners have pledged their support in the cause which affects every plot owner of Sector-52. 

Moreover, many plot owners are under the belief that once any relief is extended to petitioners by HUDA then it would have common effect on every plot, just to remind those who think on these lines are mistaken because HUDA and others generally grant relief to the petitioners only. 

Since, the land owners of village Wazirabad onto whose land this Sector 52 is carved out  are already in Supreme Court, it is expected that another news of 4th enhancement may come with morning newspaper any day. 

So, it would be better for the plot owners to join hands with Progressive Citizen Welfare Association, Sector 52, Gurgaon and contest current and future enhancement and similar pertaining to Sector 52, HUDA, Gurgaon. 

The author of this article is one of the plot holder in Sector-52 and has taken initiative with fellow plot owners of Sector 52 to fight HUDA nail and tooth. 

For further clarification please email at pankaj@easyghar.com or call +91-9899740003