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Property Tax to be based upon Guidance Value

The revised property tax rates will be based on the assistance value for the zone in which the property is located, according to Bruhat Bangalore Mahanagara Palike Commissioner G Kumar Naik.

The city has been classified into A, B, C, D, E and F zones. While Zone-A will have assistance value of Rs 7000 per sqft and above, Zone-F will have guidance value of Rs 1,000 per sqft and below.

Naik discussed that in case of extreme modification in the assistance value, homeowner have to pay tax based on the assistance value for the next higher tax zone, irrespective of the zone their property is located in. Visit this site for more details about property .


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Birmingham Post Power 250: Property

Wherever you see a crane in Birmingham city centre, the opportunities are there is a Seven Capital task below it. The Colmore Row-based company is starting a fast-growing portfolio of city centre developments. Balbinder Sohal is chairman and chief executive of seven along with an investor in various other businesses.

He has actually been involved in many prominent and complex deals, particularly in hospitality and property.


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How 'Battle Street' became more costly than London


How 'Battle Street' became more costly than London, New York City and Paris: Average house cost in Sydney's Mount Druitt surpasses world's terrific cities Houses in the western Sydney suburban area Mount Druitt made popular by the questionable TV series 'Struggle Street' are now more expensive than houses in New York, Paris and areas in outer London.

According to the LuckyOz website Mount Druitt's average house cost is now $691,000 AUD outstripping 9 of the 10 biggest cities in the United States, including New York, Chicago and Washington. To further show the housing bubble Sydney finds itself in the website likewise mentions that Paris, Tokyo and Singapore are also more affordable than the suburb many individuals Australians 'like to dislike'.

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Even Paris costs less usually at $486,000.

Likewise trailing the humble outer western Sydney area are worldwide Asian cities consisting of Tokyo ($355k), Osaka ($230k) and Singapore ($400k).

Steve Dodd, Elevate
Property business owner Steve Dodd is creator of Henley-in-Arden based Elevate Property Group.









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