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House Tax Payment in Gurgaon-

Many people are there who pays tax to the government year after year levied on them. Most of such people prefer to file their taxes online through the internet due to its convenience, user friendly and instant feedback along with many other features. Seriously, in city like Gurgaon/Gurugram everybody seems so busy so for them online tax payment is quite easy way and house tax is one of them mostly everyone pays that. There are some very easy steps for house tax payment online mentioned below:

Many people who owe money to the government prefer to use online payment for their taxes. It is an instant way to transfer the money without any delay. Moreover, people need not have to wait for a representative to whom he will have to give all his information. It is a very simple and short process, which might consume only couple of minutes, and one would end up paying his taxes online.

 Whoever wants to make the payment online, he needs to visit the official website of Municipal Corporation of Gurgaon www.mcg.gov.in. He just needs to click on that site.

While entering into the site he must click on Property Tax.

There a unique property id needs to filled if the known or by selecting the locality, he can enter.

 He needs to fill the property owner’s name; he has to click on search button.

 On the very right side of the screen house, tax details will be shown.

Apart from that DD payment, option is also available which will be submitted in MCG office Gurgaon.

Revised Circle rates, Current

Have a look at the minimum circle rate and stamp duty payable on property registration in Gurgaon

On 27th June 2016 – The circle rates in Gurgaon cut by 10-15%

For 2016-17, the Haryana Government has abridged circle rates in Gurgaon City by 10-15% all across the board. Subsequently, the stamp duty payable on property exchanges will descend. The re-examined circle rates in growing spots like co-operative societies, HUDA sectors, Manesar, New Gurgaon and private developer apartments have been reduced generally by 15%. This reduced cut rate is likewise applicable for commercial properties in Gurgaon.

Check the latest circle rates prevailing in Gurgaon
Presently for residential plots, circle rates in Gurgaon ranges from Rs. 25,000 to Rs. 42,500 per square yard.

 For residential floors, the present circle rates ranges from Rs. 3,825 to Rs. 4,675 per square yard.

 When it comes to residential apartments, the circle rates for 2016-17 ranges from Rs. 2,210 to Rs. 5950 per square feet.

 In context to the latest notification available, the present circle rates for commercial properties varies between Rs. 2,550 per square yard and Rs. 85, 000 per square yard.

DLF Plans to Sell 27.4 Acre Gu

 

DLF Plans to Sell 27.4 Acre Gurgaon Plot for Rs 400 cr: Tata & M3M in Race to Buy

 

 

India’s biggest real estate firm DLF is selling a 27.4-acre plot of land in Gurgaon for around Rs 400 crore. The plot has all approvals and permissions for building a group housing project in place, including an approval for a built-up space of 2 million sq ft, sources, who did not want to be identified, said. Real estate players such as Tata Realty and M3M Developers are believed to be in the race for the land, one person close to the development said. DLF is asking for a price ofRs 2,000 per sq ft, he said.

The land in Sector 70A is close to the new southern peripheral road in Gurgaon, which will connect national highway 8 with MG Road.. The company had said in its media presentation in May that it would focus on selling plots to reduce execution risks that come with developing group housing projects. It will also enhance momentum on non-core divestments to reduce its debt of Rs 24,000 crore. In the last few months, it has sold 400 plots in its 101-acre gated township Garden City in Gurgaon’s sector 91-92, raising Rs 700 crore.

It is also selling its shareholding in two IT buildings in Pune and Noida. The combined sale by DLF and copromoters Ackruti City and The 3C Company is expected to generateRs 1,300 crore. Blackstone is likely to buy the IT SEZ in Pune for Rs 900 crore, while a private equity fund is about to close the deal for the Noida IT Park for Rs 400 crore. These are in line with DLF’s strategy to divest its non-core assets. The company had said that it plans to sell developed assets, including IT Parks and its hotels business and raise about Rs 7,000 crore over the next two years to reduce its debt.

 

Property in NCR may Get Dearer

 

Property in NCR may Get Dearer

NCR real estate may get costlierThe draft Land Acquisition and Resettlement and Rehabilitation Bill, 2011 will have a direct impact on real estate prices in Delhi and neighbouring Gurgaon, Faridabad and Noida — if it becomes law. The bill’s proposals that no irrigated and multi-crop land can be acquired and compensation must be much higher than present will impact land prices in Noida, Gurgaon and Faridabad, making it more expensive. A Noida authority source said, “Since most of the land in this belt is irrigated, if this draft becomes law, there will be scarcity of land for housing and other commercial projects.” Since the government will have to pay a minimum two times the market price for any land to be acquired, this will also have a domino effect on land bought by private builders. There is already a dispute in the Greater Noida area over compensation, which has put several thousand housing units in limbo. Gurgaon and other Haryana towns are likely to be less affected. The state government has already kept itself away from any acquisition for private projects. The builders deal with the farmers directly. But if the bill becomes law, increased compensation — and a likely shortage in Noida — could hike prices here as well. In Delhi, senior Delhi Development Authority (DDA) officials said they have a sufficient land bank for development projects. DDA sources said Delhi Masterplan 2021 envisaged the creation of a land pool by builders themselves for all future housing projects. But former DDA officials pointed out that the authority will have to work out a plan to get one-third of land required for roads, social infrastructure like police stations and physical infrastructure like waterline, drainage and solid waste management.

 

NCR real estate may get costlierThe draft Land Acquisition and Resettlement and Rehabilitation Bill, 2011 will have a direct impact on real estate prices in Delhi and neighbouring Gurgaon, Faridabad and Noida — if it becomes law. The bill’s proposals that no irrigated and multi-crop land can be acquired and compensation must be much higher than present will impact land prices in Noida, Gurgaon and Faridabad, making it more expensive. A Noida authority source said, “Since most of the land in this belt is irrigated, if this draft becomes law, there will be scarcity of land for housing and other commercial projects.”

Since the government will have to pay a minimum two times the market price for any land to be acquired, this will also have a domino effect on land bought by private builders. There is already a dispute in the Greater Noida area over compensation, which has put several thousand housing units in limbo. Gurgaon and other Haryana towns are likely to be less affected. The state government has already kept itself away from any acquisition for private projects. The builders deal with the farmers directly. But if the bill becomes law, increased compensation — and a likely shortage in Noida — could hike prices here as well.

In Delhi, senior Delhi Development Authority (DDA) officials said they have a sufficient land bank for development projects. DDA sources said Delhi Masterplan 2021 envisaged the creation of a land pool by builders themselves for all future housing projects. But former DDA officials pointed out that the authority will have to work out a plan to get one-third of land required for roads, social infrastructure like police stations and physical infrastructure like waterline, drainage and solid waste management.

 

WHY INVEST IN GURGAON

 

WHY INVEST IN GURGAON

 

The city of Delhi is shifting to Gurgaon Square. The upwardly mobile population, senior and middle level executives of big MNCs, businessmen, all are moving to the Gurgaon Square.


Some of the key reasons are:

Proximity to Domestic & International Airport – 10 mins drive.
   
Affordable Real Estate – Real Estate prices are roughly 1/6 th to 1/10th of the prices prevailing in nearby areas of Delhi (Vasant Vihar).
   
Good connectivity with Delhi- The Delhi-Gurgaon Expressway and the coming up of the Metro have made Delhi easily accessible from Gurgaon.
   
High Economic Growth - Highest concentration of services industries/ other corporates - Over 2000 MNCs have their India Head Offices in Gurgaon; 2nd largest (after Bangalore) IT Hub in India.
   
Large well defined SEZs and Industrial Parks; Easy access to skilled & semi-skilled manpower.
   
World Class facilities - Gurgaon Square offers A Class development (World Class Office & Retail spaces and top notch condominiums offering benefits of gated community) by leading developers including International companies (FDIs) such as Emaar, IREO etc.
   
Local Government’s increased focus on infrastructure: Electricity has been privatized; Greenfield road projects are being developed; within the Gurgaon Square, road connectivity is good. Further, new roads connecting Gurgaon with Delhi are also proposed to be developed soon.
   
Better governance and law order vis-a-vis other suburbs of Delhi.
 
 

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