India’s Goods and Services Tax Council announced on Sunday that the country would lower taxes on unfinished and affordable homes, as Prime Minister Modi’s ruling Bharatiya Janata Party strives to boost the real estate sector ahead of the general elections… Read More>>
Leading today’s real estate news in Greater China’s commercial powerhouse, Hong Kong’s executive council has reportedly approved a plan for a tax on vacant flats, as city leaders scramble to demonstrate concern over rising home prices. Also in the headlines,… Read More>>
Leading today’s Hong Kong real estate news, more details have surfaced regarding the proposed vacancy tax, as the city considers collecting the fee on occupied homes via an existing tax channel to save a few bucks.
Also in the headlines,… Read More>>
Leading today’s Hong Kong real estate news, home prices in the city rose 15 percent in the last quarter year-on-year, the fastest in the world, according to Knight Frank. The real estate firm tracking 57 markets found out that Hong Kong… Read More>>
For Chinese property developers, this week marks the closing of the first month under a new tax system that could either bring a reduction in costs, or new bureaucratic headaches to the industry.
The value-added tax (VAT) was rolled out… Read More>>
In recent months China’s government has quickly launched a variety of measures aimed at slowing the slide in its residential real estate market, and the rollback of a five percent tax on second-hand housing sales may be the next step… Read More>>
According to reports in the official China Securities Post, the Ministry of Finance is heading towards a major change in the way that it taxes the real estate industry, as the country’s government seems determined to reform the way that… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
Look out, below. A massive sinkhole in Guangzhou, China, swallowed up buildings and knocked out… Read More>>
New restrictions on China’s real estate market may be on the way as soon as this month, according to a recent article in the official China Securities Journal.
The decision regarding new curbs on the property market is set to… Read More>>