We cannot answer that question without answering what “luxury” and “regular” mean. What is your understanding of “luxury”? The word denotes “something that is not essential but provides pleasure and comfort”. It also means “something that is desirable but expensive or hard to obtain or do”. Luxury is considered an indulgence rather than a necessity. It denotes the state of being in which you have plentiful supply of material goods, comforts and pleasures that are beyond the reach of most people in general.
Villas, Apartments Or Plots In Chennai? What Would You Go For?
If you are like Ratheesh, a self-employed, young IT professional, you would opt for a Villa on OMR, in Chennai’s IT corridor. However, if you are like Vidhya, a young Microbiologist with an MNC in Chennai, you would want to own a luxury Apartment in Chennai in a prime location like Pallavaram or Padi, near Anna Nagar. So, what is the difference?
Gst Impact On New Homes In Chennai
GST subsumes over 16 major central and state taxes including excise duty, value-added tax (VAT) and service tax into one consolidated tax. Has the property price come down now? Who gets the benefit of GST? Is it you, the buyer, or the seller that gains from GST?
The Government has included an anti-profiteering clause in GST law. The law makes it mandatory to pass on the tax reduction benefit to the customer.
Real Estate Developers In Chennai
There are over 2000 odd real estate developers in Chennai. Alliance stands in the forefront of the leading few of those professionally run credible companies in Chennai. With over a decade in the domain, Alliance remains a leader in the space with a range of real estate offerings including luxury apartments, premium apartments and architecture-designed plots (plotted developments) in and around Chennai. Alliance properties come with the promise of assured appreciation to both investors and end-users. Question, then, is what makes them distinct?