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commencement certificate

    WHAT IS RAJA CHITHI ( commencement certificate )? A commencement certificate is a document that proves the legitimacy of a real estate project. We explain what exactly a commencement certificate is and its importance for a developer, as well as a home buyer. A commencement certificate is a document from the local municipal authority that permits the developer to begin construction of the project. The commencement certificate (or CC) is usually granted, only after the developer has met the legal requirements and obtained the relevant sanctions for the building’s plan. Before beginning the construction of a new building or project, the developer must obtain a commencement certificate from the local authorities. Once the developer submits his plan for the project, the municipal authority will begin conducting several preliminary checks, before authorising that the project is fit for commencement. During this time, the developer must be able to provi...
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Short Term & Long Term Capital Gains Tax on Property.

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SHORT TERM & LONG TERM CAPITAL GAINS TAX ON PROPERTY ? Calculate tax of short term capital in property or long term capital gain in property with the help of calculator, click in below link for calculate. https://drive.google.com/file/d/1f29fA0YIem1rwlm0Ogn3NIz4YzB-ju7f/view
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FSI

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                         WHAT IS FSI ? Floor Space Index ( FSI ) FSI means the ratio between the area of a covered floor ( Built up Area ) to the area of that plot (land) on which a building stands. Let say, your zone FSI is 1.5 for special buildings. Now you can build (2000*1.5 ) 3000 Sq.ft covered area on your land. It can be either 2 floors of 1500 sq.ft or 3 floors of 1000 sq.ft without affecting other municipal rules. Premium FSI, If you need to extend the allowable Floor Space Index (FSI), you have to pay a premium fee to the govt. To avail this FSI, the abutting road of the land must be at least 30 feet. 30 – 40 Feet Road Width – 20 % Premium FSI 40 – 60 Feet Road Width – 30 % Premium FSI more than 60 Feet Road Width – 40 % Premium FSI If the land location of the building has 30 – 40 feet abutting roadway, then you can make avail the premium FSI of 20% which means y...
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